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Business
Traders bet against recession as Trump's economic policies continue to show remarkable strength
Traders on the prediction market platform Kalshi now place the odds of a U.S. recession this year at 21%, up slightly from 19% earlier Tuesday. That figure is still near the!-->-->…
WPP shares sink 15 per cent as ad cuts profit forecast
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WPP has slashed its forecast for revenues and profits…
Fast-food giant's founder steps up with major donation for devastated Texas flood victims
Raising Cane’s founder and owner Todd Graves is helping the Texas communities hit by flash flooding with a $1 million donation. He is making that contribution to the American!-->-->…
UK housebuilders agree to pay £100mn after competition probe
Stay informed with free updatesSimply sign up to the Property sectormyFT Digest -- delivered directly to your inbox.Seven of the UK’s biggest housebuilders have agreed to pay a!-->!-->…
A breakdown of the trade links of Trump’s latest tariff targets
Fourteen countries have been given until Aug. 1 to negotiate trade deals with the Trump administration or risk the imposition of higher tariffs. While the majority of the new!-->-->…
Merck nears $10bn deal for respiratory drugmaker Verona
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Merck is nearing a roughly $10bn deal to buy lung…
Luxury retailer closing stores in two states by end of August
Nordstrom is shutting down two of its stores by the end of August as the company tries to keep afloat. The retail industry faces several headwinds, from a challenging economic!-->-->…
FirstFT: EU to face higher US tariffs than UK
Today’s agenda: Apple in talks with Formula 1; Reform UK on council spending; Gaza aid being resold; US government job cuts plan; the euro’s double-edged sword; and the world’s…
Former Fed governor says Trump is right to be frustrated with Powell's restrictive policies
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies by the Federal Reserve are keeping it from doing so. Warsh told!-->-->…
Popular candy maker pushes back on RFK Jr's MAHA initiative to ban synthetic food dyes
While several major food manufacturers have jumped on board with Health and Human Services Secretary Robert F. Kennedy Jr.'s efforts to eliminate synthetic food dyes from!-->-->…