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UK residential rents rise at record pace in August
Receive free UK society updatesWe’ll send you a myFT Daily Digest email rounding up the latest UK societynews every morning.Residential rents in August jumped by 12 per cent on…
Chicago mayor considers creating city-owned grocery store after Walmart, Whole Foods close stores in the city
Chicago Mayor Brandon Johnson announced last week that his administration is exploring a city-owned grocery store as a means of promoting "equitable" access to food, though…
Live news: Global investors brace for key central bank rate decisions
China: Property developer Sunac plans to hold a creditors’ meeting on its offshore debt restructuring. Trading in the indebted company’s shares was suspended for a year after it…
US aims to make 100k artillery shells monthly by 2025 amid production challenges
The U.S. is planning to ramp up production of 155-millimeter artillery shells to 100,000 per month by 2025 in an effort to refill the military’s stockpiles and sustain demand…
California could raise health care workers’ minimum wage to $25 an hour
Health care workers in California may be getting a raise after the state legislature approved a measure to raise their minimum wage to $25 per hour that is now on Gov. Gavin…
Taco Bell employee in hot water after customer makes disturbing find on bank statement: police
An Ohio Taco Bell employee was arrested this month after allegedly scamming customers with fraudulent credit card transactions, reports said. "My card will never come out of…
Fed decision, Instacart IPO and UAW strike top week ahead
The Federal Reserve's decision on interest rates will dominate the coming week as investors also follow the ongoing UAW strike against Ford, GM and Stellantis, which is…
Fed may pencil in another interest rate hike this year
A majority of economists expect the Federal Reserve to open the door to one more interest rate hikes this year and stay at peak levels longer than previously expected. That's…
China’s youth unemployment crisis could dent world’s second-biggest economy
China's inability to cope with increasing youth unemployment amid a growing number of graduates and shrinking number of jobs could create serious problems in the…
California accuses Big Oil of covering up climate change risks in lawsuit
Receive free US politics & policy updatesWe’ll send you a myFT Daily Digest email rounding up the latest US politics & policynews every morning.California has sued several…