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Business
Mortgage rates keep climbing, dampening homebuyer demand: Freddie Mac
Mortgage rates climbed north of 7% and buyers face a real possibility that they may continue rising as long as economic indicators remain resilient, according to Freddie Mac.…
Ecommerce: China’s retail future lies in live video streaming
Stay informed with free updatesSimply sign up to the LexmyFT Digest -- delivered directly to your inbox.When Lionel Messi appeared on Alibaba’s Taobao Live platform this year,…
US economy adds 336,000 jobs in September, blowing past expectations
U.S. job growth unexpectedly accelerated in September, defying fears of a slowdown in hiring even as the labor market confronts the twin threats of sticky inflation and high…
Hipgnosis shareholders object to $440mn rights deal
Stay informed with free updatesSimply sign up to the Hipgnosis Songs FundmyFT Digest -- delivered directly to your inbox.Major shareholders in Hipgnosis Songs Fund are preparing…
Modelo parent boosts outlook after Bud Light controversy
Constellation Brands, the maker of Modelo beer, continues to reap the benefits of the backlash against Bud Light’s Dylan Mulvaney marketing campaign. "Our beer business this…
UK house prices fall for sixth consecutive month
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices dropped for the sixth consecutive month in…
Creating transgender categories in sports ‘isn’t going to solve anything,’ ex-NCAA swimmer warns
After the apparent failure of a newly-formed transgender athlete category, one former NCAA swimmer explained why the designation won’t satisfy those specific competitors.…
US regulator questions adequacy of testing on Philips’ sleep apnoea recall
Stay informed with free updatesSimply sign up to the Royal Philips NVmyFT Digest -- delivered directly to your inbox.The US Food and Drug Administration has said steps taken by…
GM estimates a $200M loss since UAW strike began
General Motors has lost an estimated $200 million since the beginning of the United Auto Workers (UAW) strike against Detroit’s Big Three on September 15. The automaker also…
JD Wetherspoon posts first annual profit since pandemic
Stay informed with free updatesSimply sign up to the J D Wetherspoon PLCmyFT Digest -- delivered directly to your inbox.UK pub group JD Wetherspoon has swung back to annual profit…