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Business
LARRY KUDLOW: Democrats sure know how to lose an election
There he goes again, again and again. Just this morning, President Biden announced another $7.4 billion in student debt bailouts for 277,000 borrowers. This comes to $153…
European countries rebuff Kyiv’s calls for more air defences
Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.European capitals have rebuffed demands from Kyiv to send their…
US consumer sentiment falls more than expected as inflation fears rise
U.S. consumer sentiment and Americans' view on the economy both fell more than expected in April, as inflation expectations rose. The University of Michigan's consumer…
Jane Street accuses Millennium Management and two ex-employees of stealing trade secrets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jane Street is suing Millennium Management and two former…
St. Louis downtown trapped in 'doom loop,' marred by empty offices, break-ins and store closings: Report
The once bustling downtown of St. Louis, Missouri, is now stuck in a "doom loop," marred by a score of empty office buildings, thieves and retail closures, according to a new…
In defence of Europe’s tankmakers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A fondness for European defence stocks has been a…
California McDonald's franchisee shares struggle with 'unprecedented' impact of new minimum wage
California is forcing fast food chains to get creative to afford the state's new $20 minimum wage. One McDonald's franchise owner, Scott Rodrick, is considering higher menu…
Joe Biden hits US oil drillers with first royalty rate increase in a century
Stay informed with free updatesSimply sign up to the Oil & Gas industrymyFT Digest -- delivered directly to your inbox.The Biden administration has increased the cost of oil…
Anxiety is biggest concern among employees seeking mental health services, study finds: ‘Major concern’
Dr. Marc Siegel, clinical professor of medicine at NYU Langone Medical Center and a Fox News medical contributor, said he agreed with the analysis that anxiety is now the most…
Net interest income may have peaked for Wall Street banks
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Higher interest rates can be a double-edged sword.…