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Business
British retail sales rebound falls short of expectations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British retail sales rebounded less than expected in…
Trump protectionism threatens energy transition, warns BHP chief
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS protectionism under president-elect Donald Trump risks…
First tinsel for decorating Christmas trees was created with real silver, making it an adornment for the rich
Tinsel is one of many decorations used to enhance the appearance of a Christmas tree. Today, tinsel can be picked up at a multitude of retailers for a low cost, but it was…
Deals are back, baby (for real this time?)
Some hedge fund winners to start: A number of cryptocurrency-focused hedge funds have made a windfall in recent weeks as Donald Trump’s election win fuelled a powerful rally that…
Teamsters president stands firm against Amazon: 'Santa would be disgusted' by company's behavior
The Teamsters union strike against commerce giant Amazon is likely to continue and expand just days before the Christmas holiday, according to its president, Sean O’Brien.…
Trump's Hurricane Helene relief top fundraiser on GoFundMe for 2024
The fundraiser launched by President-elect Trump to provide relief to victims of Hurricane Helene was the largest fundraising campaign in 2024 on GoFundMe, the fundraising…
The Federal Reserve announced a third rate cut; fewer are expected in 2025
The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping rates to…
Big Lots to start holding 'Going out of Business' sales at remaining locations
National retailer Big Lots, which is based in Columbus, Ohio, announced Thursday that it will begin having Going Out of Business (GOB) sales at all of its remaining stores.…
FedEx to spin off freight unit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.FedEx has said it will spin off its freight division, as…
Blue state outlaws most eggs unless cage-free, before new year
Nearly all eggs sold in Michigan starting before the New Year must come from cage-free birds, even as egg prices continue to climb. Michigan lawmakers modified the Animal…