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Business
Mortgage rates dip further, but housing supply remains an issue: Freddie Mac
Mortgage rates dropped for the fifth consecutive week to entice buyers back, but homes remain in short supply, according to Freddie Mac. The average 30-year fixed-rate mortgage…
Former Wells Fargo chief seeks $34mn in lawsuit over cancelled stock grants
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former Wells Fargo chief executive Tim Sloan, who led the…
Apple, Paramount reportedly eye streaming deal
Two streaming giants, Apple and Paramount Global, have reportedly looked at pairing their separate platforms up in a bundle for streaming viewers. The talks that the…
Corporate cash Friday chartfest
Stay informed with free updatesSimply sign up to the US & Canadian companiesmyFT Digest -- delivered directly to your inbox.Companies are still holding decent amounts of cash…
Meta responds to claims it’s ‘struggling’ to keep child predators off Facebook and Instagram
Meta, the parent company of Facebook and Instagram, responded to a Wall Street Journal story from Friday that claimed the social media giant struggles to remove child…
Gymkhana’s owner raises funds to buy out investor with Abraaj ties
Stay informed with free updatesSimply sign up to the Travel & leisure industrymyFT Digest -- delivered directly to your inbox.The dining group behind some of London’s most…
UAW union calls for cease-fire in Israel-Hamas war
The United Auto Workers union officially called for a cease-fire in the Israel-Hamas war on Friday, becoming the largest labor organization in the U.S. to do so. The union…
Bank of Montreal: US expansion hits bad timing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bank of Montreal made a big splash when it acquired BNP…
Protein bars recalled after traces of hairnets, shrink wrap found inside
Select Burn Boot Camp Afterburn Grass-Fed Whey Protein Bars have been recalled due to the potential presence of foreign material. The FDA posted a company announcement on…
US moves to choke China’s role in electric vehicle supply chain
Stay informed with free updatesSimply sign up to the Electric vehiclesmyFT Digest -- delivered directly to your inbox.The Biden administration has moved to choke off China’s role…