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Business
City mayors put forward alternative to axed HS2 northern leg
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The axed northern leg of HS2 should be replaced by a…
Class action lawsuit filed against Birkin handbag maker Hermes
The luxury France-based brand Hermes on Tuesday had a proposed class action lawsuit lodged against it. The lawsuit centered on the brand’s coveted Birkin handbags and took…
Politicians and celebrities seek to drag Rupert Murdoch into court battle
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Politicians and celebrities including Prince Harry are…
LARRY KUDLOW: Jay Powell is right to keep his pedal off the accelerator
Here we go again. It's the most important one-man show on Broadway. It opens, and then re-opens six or seven times a year, and the star of the show — Fed Chair Jay Powell…
Reddit prices shares at top end of IPO range
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Social media company Reddit has priced its shares at $34…
Mortgage rates to stay above 6% through 2025, Fannie Mae says
Fannie Mae has lifted its forecast for mortgage rates from just a month ago, saying rates will stay higher for longer than they previously thought – and fewer homes will be…
Call for Entries: Europe’s Long-Term Growth Champions 2025
Stay informed with free updatesSimply sign up to the European companiesmyFT Digest -- delivered directly to your inbox.For many years, the Financial Times and its research…
More than 3.7M cars on the road have ‘park outside’ recalls, Carfax says
More than 3.7 million cars that are currently on the road have a "park outside" recall, according to recent data from Carfax. That's a 40% increase in cars with those recalls…
Raiffeisen pulls AT1 bond deal over Russia deal fears
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Raiffeisen Bank International on Wednesday abandoned a…
Fed leaves rates unchanged, says three cuts still planned
The Federal Reserve left interest rates unchanged at its March meeting for the fifth straight time as inflation remains high for many Americans. Policymakers also clarified…