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Business
UK consumer confidence plunges amid higher mortgage and rental costs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A closely watched UK consumer confidence survey has…
LARRY KUDLOW: There is no Hamas without Iran
All eyes on President Joe Biden tonight, as he addresses the nation regarding the Israeli war, but the president will also speak on Ukraine, and possibly roam around the…
FirstFT: Pentagon accuses China of rapidly expanding nuclear arsenal
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. China appears to be accelerating the expansion of…
Citigroup fires employee over ‘revolting’ antisemitic social media post
Citigroup has fired an employee who wrote an antisemitic social media post that suggested Hitler was justified in carrying out the Holocaust after the message sparked outrage…
Can weight-loss drugs save the aviation industry (some money)?
Stay informed with free updatesSimply sign up to the Pharmaceuticals sectormyFT Digest -- delivered directly to your inbox.Alphaville has been receiving a LOT of equity research…
CVS pulls popular cold medicines from store shelves
CVS said on Thursday that it is voluntarily removing certain common oral cough and cold products after a Food and Drug Administration (FDA) advisory panel determined last…
FTX boss sought ‘legal justifications’ for diverted billions, court told
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sam Bankman-Fried asked FTX’s top in-house lawyer for…
Elon Musk says he’s worried about the ‘high interest rate environment we’re in’
Tesla CEO Elon Musk said during the EV maker’s earnings call on Wednesday that he is concerned about the impact of high interest rates on would-be car buyers. "I’m worried…
ChatGPT parent OpenAI seeks new investment at $86bn valuation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI is in talks with investors about selling shares at…
NY AG sues crypto firms Gemini, Genesis, DCG for allegedly defrauding investors out of $1 billion
New York Attorney General Letitia James filed a lawsuit Thursday against cryptocurrency firms Gemini, Genesis Global Capital and its parent company Digital Currency Group…