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Business
King’s floating wind farm project fails to attract enough providers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An attempt by the King’s property group to secure…
Trump signals uncertainty over whether he will support GOP senator's push to boost the minimum wage
President Donald Trump signaled he was not sure about whether, or not, he would support a recent proposal led by GOP Missouri Sen. Josh Hawley to raise the federal minimum…
Israel-Iran latest: Putin says solution to conflict is up to Iran and Israel
Vladimir Putin has said Iran passed up a Russia’s offer to work together on air defence and said anti-air systems were not covered under the strategic partnership Moscow and Tehran…
Top economist warns America is heading toward economic disaster the Fed can't fix
Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday…
Macquarie buys stakes in UK airports from Ontario Teachers’ Pension Plan
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Australia’s largest infrastructure investor has bought…
Federal Reserve leaves key interest rate unchanged for fourth straight meeting
The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged following its June monetary policy meeting as policymakers continue to monitor…
NatWest rules out bidding for TSB
Stay informed with free updatesSimply sign up to the UK banksmyFT Digest -- delivered directly to your inbox.NatWest has ruled itself out of bidding for UK high street bank TSB,…
Major oil price shock looming as Israel-Iran conflict threatens critical global shipping passage
If the escalating conflict between Israel and Iran significantly cuts supply in the global oil market, prices could surge to as much as $120 a barrel due to a potential threat…
Microsoft prepared to walk away from high-stakes OpenAI talks
Microsoft is prepared to walk away from high-stakes negotiations with OpenAI over the future of its multibillion-dollar alliance, as the ChatGPT maker seeks to convert into a…
Deficits from 'big beautiful bill' to rise nearly $2.8T under new dynamic estimate: CBO
The nonpartisan Congressional Budget Office (CBO) released a new dynamic analysis that found Republicans' "big beautiful bill" would raise budget deficits by over $300 billion…