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Business
Houthi rebels hit US-owned cargo ship in Gulf of Aden
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Iran-backed Houthis struck a US-owned cargo ship on…
IMF warns AI will impact 60% of US jobs, increase inequality worldwide
The International Monetary Fund (IMF) is sounding the alarm that generative artificial intelligence could impact a significant share of jobs worldwide, and warned the…
Boeing opens factories to airline customers as it beefs up inspections
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing will allow airline customers of its 737 Max…
Credit card delinquencies surge as Americans battle high inflation, interest rates
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to new data…
Alvarez & Marsal restructuring executive detained in UAE
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An executive from Alvarez & Marsal was detained in…
Restarted student loan repayments resurrect $2,500 interest tax deduction
Student loan payments restarting hasn’t been easy for many borrowers, but there’s one good thing that comes from making these monthly payments: a potential tax deduction. Now…
Why Deutsche Bank won’t lead European bank consolidation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank has long hoped to become a global banking…
How Walmart is fighting back against gift card scams
The frequency of gift card scams has risen sharply in recent years, but America's biggest retailer has devised a way to prevent thieves from getting away with free money. So…
Greek government plans Athens airport IPO to sell 30% stake
Stay informed with free updatesSimply sign up to the AirlinesmyFT Digest -- delivered directly to your inbox.The Greek government has announced plans to sell part of its stake in…
Morgan Stanley got off lightly
Leo Rosten’s The Joys of Yiddish defines “chutzpah” as “that quality enshrined in a man, who having killed his mother and father, throws himself upon the mercy of the court because…