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Business
Treasury's Bessent says he doesn't support suspending monthly jobs reports
Treasury Secretary Scott Bessent on Wednesday said that he doesn't think the Bureau of Labor Statistics (BLS) needs to pause monthly jobs report releases because of instances…
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Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction
U.S. Treasury Secretary Scott Bessent didn’t shy away from talking about Federal Reserve politics and an ongoing fiscal power shift during a recent interview on FOX Business’…
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How Kodak went from film giant to facing financial peril
Kodak, once a titan in the film era, now risks fading into history as it faces the possibility of shutting down operations for good. The company experienced years of decline…
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FDA may revoke Pfizer COVID-19 vaccine authorization for kids under certain age
The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine for children under the age of five, the…
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Ikea appoints former store manager as first non-Swedish boss
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ikea has appointed the first non-Swedish chief executive…
Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'
A key official in the Trump administration's economic team is touting the latest inflation data as showing that a tariff-induced rise in consumer prices is yet to materialize…