With mortgage rates continuing to hover between 7% to 8%, it’s been challenging—albeit impossible—for many home buyers to break into today’s housing market. High monthly prices coupled with the lock-in effect in which homeowners are reluctant to let go of…
After Rishi Sunak’s troubled start to his election campaign, he must have viewed his itinerary on Friday with trepidation. The prime minister’s visit to Belfast’s Titanic Quarter led to inevitable questions about whether he was at the helm of a…
There’s a lot to like right now in the fixed income market, according to BlackRock’s Rick Rieder. The best part is investors can still scoop up some great yields and not have to take any big risks to get them,…
Taxing millionaires is a contentious issue—but Massachusetts is declaring early victory, with an announcement this week that the state’s tax on its highest earners has yielded $1.8 billion in additional income. With three more months left in the state’s fiscal…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephen Bird has stepped down as chief executive of Abrdn after a four-year tenure set to be remembered for a…
Cows are seen standing in a feedlot on June 14, 2023 in Quemado, Texas. Brandon Bell | Getty Images U.S. health officials are monitoring and preparing to combat bird flu in humans, even as they stress that the risk to…
The internet has lost another favorite pet. Kabosu, the Shiba Inu pup whose picture inspired the Doge meme and eventually became the face of the Dogecoin cryptocurrency, passed away Friday at the age of 18, following a two-year battle with…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UN’s top court has ordered Israel to “immediately halt” its military offensive in Rafah, the southern Gazan city to…
Nikos Pekiaridis | Nurphoto | Getty Images Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange traded funds that buy and hold the cryptocurrency. The price of…
The share of young people in the U.K. who vape has tripled in the last three years, new research shows, pushing up nicotine addiction in a reversal of historic trends. Research from University College London suggests disposable vapes have created…