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Business
Fed's Powell says inflation data this year shows a 'lack of progress'
Federal Reserve Chair Jerome Powell on Tuesday said it is likely that inflation will take "longer than expected" to reach the central bank's 2% target, casting fresh doubt on…
TGI Fridays’ US operations to have London listing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK franchise owner of TGI Fridays has agreed a £177mn…
Rising number of workers depend on side jobs
Side hustles are becoming more common, particularly with younger generations who haven’t built up wealth. As of February 2024, 22% of workers in the U.S. had side gigs, a PYMNTS…
LVMH’s growth weighed down by softening China luxury demand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.LVMH reported its weakest quarterly sales growth since…
Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey
Many borrowers currently struggling with student loan payments would benefit from enrolling in an income-driven repayment plan, according to a recent Student Debt Crisis Center…
Austria investigates René Benko for fraud
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Austria’s anti-corruption prosecutors have opened an…
Stuart Varney: Liz Truss warned Trump the deep state is waiting
During his "My Take," Tuesday, "Varney & Co." host Stuart Varney discussed a potential "deep state" effort to derail Donald Trump's second term, if he's re-elected, after…
International Paper agrees to buy rival DS Smith in £7.8bn deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US-based International Paper has agreed to buy UK…
Trump media company preparing livestream content for Truth Social
Former President Donald Trump's social media company is planning to soon roll out a live-streaming platform. Trump Media & Technology Group Corp. (TMTG) announced Tuesday…
No, a US listing cannot fix every UK company’s problems
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When a UK company’s share price goes south, simply blame…