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Business
Debt relief scams grow as consumer debt hits record high: BBB
Millions of Americans who find themselves underwater as monthly payments and interest stack up are increasingly seeking consolidation and debt repair companies to help ease!-->-->…
Canary Wharf owners to inject £400mn into London office district
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The owners of Canary Wharf Group will inject £400mn of…
Gavin Newsom hammered for showing off $160K Chinese EV during China trip: ‘Slap in the face’
FIRST ON FOX: Several California lawmakers came out swinging after Democratic Gov. Gavin Newsom promoted a Chinese electric vehicle (EV) maker during his diplomatic visit to!-->-->…
Porsche hits out at Brussels probe into Chinese EVs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German carmakers will “fight” any potential tariff war…
Gap board member, Ripple co-founder want to save crime ridden San Francisco
San Francisco recently saw a new civic pride campaign go live as part of a bid by business leaders seeking to help the Bay Area city. Advance SF, the non-profit behind the!-->-->…
Tech alliance in AI standards push to fill ‘gap’ in regulation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Microsoft, OpenAI, Google and Anthropic have stepped up a…
JCPenney plans to keep holiday prices for top products in line, lower than last year
JCPenney CEO Marc Rosen pledged to keep prices for most of its top products during the holiday season the same, if not lower than last year. "We're committed to making our!-->-->…
Lloyds beats profit forecast on higher interest rates and drop in defaults
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lloyds Banking Group has reported better than expected…
Treasury just dropped a financial bomb, but Bidenomics means the worst is yet to come
With all the chaos and heartbreaking loss of life around the world today, few noticed the Treasury Department drop a financial bomb: the deficit for fiscal year 2023 was $1.7!-->-->…
The big China tail risk
Good morning. Microsoft delighted and Alphabet disappointed in earnings yesterday. Competition in the cloud appeared to make the difference. Google Cloud sales, despite growing 22…