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Business
BlackRock assets under management hit record $10.5tn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Roaring equity markets and the popularity of a new spot…
Masters neighbor refuses to sell home despite millions in offers from Augusta golf club
Augusta National Golf Club, home to the prestigious Masters tournament, is undergoing ambitious expansion. The club has doubled the size of its course, spending over $200…
Growth in oil use slows, IEA says, as prices hit $90 a barrel
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Growth in the world’s oil use is slowing, the…
Hiring based on skills is a win-win for employees and employers by removing 'unnecessary barriers:' report
As college debt mounts, more young Americans are saddled with bills they can't pay back on degrees that are oftentimes unnecessary for their careers. In response, governments…
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…