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Business
Top House Republican says Biden admin abusing power to target bitcoin miners
EXCLUSIVE: House Majority Whip Tom Emmer says the Biden administration is abusing its power to unfairly target another corner of the $2 trillion cryptocurrency industry –…
Household energy bills to fall as Ofgem reduces price cap by 12%
Stay informed with free updatesSimply sign up to the UK energymyFT Digest -- delivered directly to your inbox.Britain’s household energy price cap is set to fall by 12 per cent in…
Mercedes-Benz delays EV goals because of weak demand, will continue to build gas-powered cars
Mercedes-Benz on Thursday became the latest carmaker to push back its plans for electric vehicles (EVs) to make up most of its sales. The German luxury brand now says it…
Why an ‘Airbus of autos’ would not halt Europe’s EV collision
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.European automakers are enjoying healthy profits today.…
US hours away from attempt at first moon landing in half century with private robot spacecraft
The U.S. is just hours away from witnessing Intuitive Machines' Odysseus lunar lander attempt to touch down near Malapert A in the South Pole region of the moon. If…
Standard Chartered launches $1bn share buyback
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Standard Chartered announced a $1bn share buyback on…
No relief for seniors as big drop forecasted for Social Security COLA
Seniors drawing Social Security benefits could see them increase by as much as 2.5%, trailing moderating inflation figures, according to one early estimate. The Congressional…
Rent prices fell slightly overall in January, but rose in some parts of US
The asking prices for rent edged down overall in the U.S. for the sixth consecutive month in January, but not enough for renters to feel any relief given how much prices have…
‘Ghost gun’ maker agrees to cease sales to Maryland residents as part of lawsuit settlement
A major manufacturer of ghost guns agreed, as part of a settlement with the city of Baltimore, to stop selling its untraceable firearms to residents of Maryland. Baltimore…
Biden touts economic success, but poll shows Americans don’t agree
President Biden has been touting economic success in recent weeks, but according to a newly released Gallup poll, many Americans don’t feel satisfied with federal taxes,…