If you’re a baby boomer, you might not consider today’s mortgage rates to be high. After all, in the 1980s and 90s, they were much higher. But if you’re of a younger generation and experienced historically low mortgage rates throughout…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Eurozone wage growth picked up last month, prompting speculation from economists that the European Central Bank could struggle to cut…
To keep up with the high cost of living, many young adults turn to a likely safety net: their parents. Nearly half (46%) of Gen Zers between the ages of 18 and 27 rely on financial assistance from their family,…
As its peers in traditional finance push deeper into crypto—including BlackRock’s Bitcoin ETF and Fidelity’s trading platform—Goldman Sachs is preparing to make a move of its own. This comes as the 150-year-old banking behemoth is seeing a major uptick in…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. AMD is to buy Finnish artificial intelligence start-up Silo AI for $665mn in one of the largest such takeovers in…
Check out the companies making headlines before the bell: Tesla — The electric vehicle maker gained nearly 1% after Goldman Sachs increased its stock price target by $73 to $248 per share on better than expected second quarter deliveries. Tesla…
Index Ventures has worked with a long list of companies that have become mainstays in the tech world. Think fintech giants Revolut and Wise, public transit app Citymapper and food delivery mainstay Deliveroo. Now, the London-based venture capital fund has…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Israeli air strike near a school in the southern Gaza Strip killed about 30 people late on Tuesday, mostly…
An artificial intelligence concept displaying a business man working with a virtual display Busakorn Pongparnit | Moment | Getty Images Chinese companies are leading the way in the experimentation of generative AI, but they’re still behind the U.S. when it…
A company has installed computerized vending machines to sell ammunition in grocery stores in Alabama, Oklahoma and Texas, allowing patrons to pick up bullets along with a gallon of milk. American Rounds said their machines use an identification scanner and…