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Business
Homebuyers nationwide feeling the impacts of rising interest rates
Homebuyers nationwide are feeling the impacts of rising interest rates as U.S. mortgage applications fell to an almost three-decade low this month. Thirty-year fixed mortgage!-->-->…
Government orders U-turn on rail ticket office closures in England
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Plans for the mass closure of railway ticket offices in…
Home prices jump for seventh straight month in August
Home prices rose for the seventh consecutive month in August even as buyers continued to confront steep mortgage rates. Prices increased 0.4% nationally in the period from!-->-->…
New listing flops drain optimism for IPO market revival
A flurry of stock market listings on both sides of the Atlantic has proved to be a flop for investors, highlighting the challenges facing companies with plans for market debuts in…
McDonald’s CEO warns California minimum wage hike will hurt franchisees
McDonald’s is warning that California’s new minimum wage law will hurt franchisees in the state and could raise prices for consumers when it takes effect next year. Last!-->-->…
BASF slashes investment budget on lower demand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BASF is slashing its five-year investment budget by €4bn,…
Sen. Tommy Tuberville on Ukraine: ‘Right now would be a great time to negotiate’ amid…
Sen. Tommy Tuberville, R-Ala., of the Armed Services Committee warned Monday that the war in Ukraine is "costing American taxpayers an arm and a leg," and declared, "We have!-->-->…
Vodafone to sell Spanish business to Zegona for up to €5bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vodafone has agreed to sell its Spanish business to a…
Rising child care costs are starting to bite US families
The overall pace of inflation has fallen considerably over the past year, but millions of families with young children are facing a new headwind: the rising cost of child!-->-->…
Oil industry megadeals open fee gusher for Wall Street advisers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two megadeals that will reorder the US energy industry…