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Business
Why billionaires are changing how they spend
The word “billionaire” evokes images of people in expensive suits stepping off private jets. But, while this may be true for some of the world’s richest individuals, a new group of…
Texas women say ‘houses before spouses’ after buying properties together; real estate expert weighs in
With multiple properties tied to their name, the pair said they didn’t feel the need to wait to purchase a home until they found a spouse — something they said is still often…
UK regulator warns banks to prepare for costs tied to motor finance probe
Stay informed with free updatesSimply sign up to the Financial & markets regulationmyFT Digest -- delivered directly to your inbox.The UK’s top financial regulator has warned…
'Drives me absolutely insane': Sticker shock at the pump as gas prices up over 50% since Biden took office
Rising gas prices under President Biden's watch have led some Americans to face "painful" and "ridiculous" receipts at the pump, drivers at a Virginia gas station told Fox…
A $10bn car? The trend for hyper-personalised cars gains momentum
Ferrari’s chief executive Benedetto Vigna says he hopes one day to sell a $10bn car. He is joking, but it is an idea based on a genuine industry phenomenon: super-rich customers…
Billionaire CEOs join White House state dinner for Japan prime minister
President Biden and first lady Jill Biden welcomed Japan's prime minister, Fumio Kishida, to the White House on Wednesday for a combined official visit and state dinner to…
Rishi Sunak loves Blackstone
One scoop to start: Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternatives…
Gas, housing and car insurance costs soar, fueling inflation in March
Consumer prices rose faster than expected in March, pushing inflation up and giving the Federal Reserve more reason to delay dialing back interest rates. On an annual basis,…
State Street’s SSGA cuts European ETF listings to boost liquidity
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.State Street Global Advisors is to reduce the number of…
OJ Simpson civil judgment collection to continue after death, Goldman attorney pledges
A California attorney seeking to collect a civil judgment from O.J. Simpson after he was found responsible for the deaths of his ex-wife Nicole Brown Simpson and her friend Ron…