Sydney Harbour taking in the Harbour Bridge, Opera House and ferries at sunrise during the COVID-19 pandemic on April 20, 2020 in Sydney, Australia. James D. Morgan | Getty Images News | Getty Images Asia-Pacific markets mostly opened lower Wednesday…
Securities and Exchange Commission Chairman Gary Gensler belied impatience upon fielding questions from reporters about crypto, including his agency’s handling of applications to launch Ethereum ETFs. In speaking with journalist Annmarie Hordern at the Bloomberg Invest event in New York…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kenya’s President William Ruto said his country had “experienced an unprecedented attack on its democracy” after demonstrators stormed parliament on…
Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024. Joel Angel Juarez | Reuters Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial…
Federal Reserve governor Lisa Cook isn’t afraid of losing her job to robots anytime soon. Speaking during a luncheon at the Economic Club of New York on Tuesday, Cook said that when you’re a central bank governor every word counts…
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House US defence secretary Lloyd Austin has warned Hizbollah’s “provocations” threaten to drag Israel and Lebanon into a…
Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the…
Rent Day normally means paying your landlord one of your biggest monthly expenses. But, Bilt flipped the script to the first day of every month into an opportunity to earn bonus points and take advantage of limited-time offers. For July,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bernard Arnault, the billionaire founder of luxury goods group LVMH, has bought shares in Richemont, the rival Swiss-based conglomerate behind…
Home prices set another record high in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today’s housing market is unlike any other in recent history. Prices…