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Business
'Tipflation' explained: Professor explains explosion of tipping prompts at restaurants, cafes and businesses
In a trend that some pundits are calling "tipflation," many Americans are being asked to tip more and far more often than they have in previous years, especially before COVID.…
UK housing market recovery pauses after surprise fall in prices
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices unexpectedly fell in March, according to fresh…
UK’s top private equity dealmakers earned £5bn in carried interest
Stay informed with free updatesSimply sign up to the UK taxmyFT Digest -- delivered directly to your inbox.A group of 3,000 private equity dealmakers shared an annual carried…
HGTV stars take on real estate, use housing ‘hack’ to create affordability solution
The American dream for so many aspiring homeowners has been stifled in recent years amid surging interest rates, steep inflation and low inventory. However, HGTV stars…
BC Partners sells IT group Presidio in sign of thaw for private equity deals
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.US investment firm Clayton, Dubilier & Rice has agreed to…
Varney: Biden's White House seemingly has little time for Christianity
During his "My Take," Monday, "Varney & Co." host Stuart Varney criticized Biden for designating Easter Sunday "Transgender Day of Visibility" after the White House banned…
AIIB in talks over second loan guarantee deal for World Bank
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Beijing-based Asian Infrastructure Investment Bank is…
Powerball jackpot rises to $1.09 billion after no players win grand prize
The Powerball jackpot grew to an estimated $1.09 billion after no tickets matched the winning numbers during Monday night's drawing. The winning numbers Monday night were: 19,…
Yellen visiting China to combat climate change, protect interests of American workers
Treasury Secretary Janet Yellen is scheduled to visit China this week to advance the interests of U.S. workers, U.S. national security and attempt to cut down on climate…
California's $20 minimum wage for fast-food workers goes into effect
California's new law boosting the minimum wage for fast-food workers in the state to $20 an hour went into effect Monday, impacting restaurants that have at least 60 locations…