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Business
The inflation fight faces a ‘difficult’ last mile
Inflation has fallen considerably from the highs of 2022, but the last mile to price stability may be the most challenging. The Labor Department reported last week that the…
UK house prices fall at fastest pace in more than a decade
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices fell at the fastest pace in more than a decade…
Bill Gates says AI will boost productivity for all, including ‘bad guys’
Microsoft co-founder Bill Gates on Tuesday said artificial intelligence will boost productivity for all, including "bad guys." "AI is a brilliant tool for people to be more…
US consumer regulator proposes capping bank overdraft fees
Stay informed with free updatesSimply sign up to the US financial regulationmyFT Digest -- delivered directly to your inbox.The Consumer Financial Protection Bureau is proposing…
You’ve been promoted but may decline the offer. Can you? Should you?
"Employees should also factor in the flexibility of the new role, and how the promotion may affect their work/life balance."Glaser recommended examining the offer carefully. WHEN…
Bob Diamond’s mid-market adventure
One thing to start: BP has decided to appoint interim boss Murray Auchincloss as its permanent chief executive.In today’s newsletter:Bob Diamond bets UK market has hidden…
73% of Americans still haven’t bounced back financially from the COVID-19 pandemic
The COVID-19 pandemic continues to have lasting effects, and not just on the health of Americans. Almost three-quarters of Americans (73%) are struggling financially, mainly due…
Murray Auchincloss: BP turns to the continuity candidate
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As a former chief of staff to ex-BP head Bob Dudley,…
Lawmakers roll out $80B bipartisan tax deal to expand child tax credit, bolster US-China competition
Congressional lawmakers are eyeing a temporary expansion of the child tax credit and a host of measures aimed at bolstering U.S. interests against China, according to the…
African leaders gain in confidence despite setbacks
Mohamed Bazoum, a quietly spoken schoolteacher-turned-politician, spent the beginning and end of 2023 in the presidential palace in Niamey, the dusty capital of Niger. While he…