Agricultural commodities like corn, soybeans, and wheat have seen intermediate-term momentum improve to suggest their counter-trend rallies have room for more upside over the next several weeks. A broader commodity bull cycle in place is carrying over to former laggards…
The former CEO of Fat Brands, the holding company for burger chains Fatburger and Johnny Rockets, has been indicted for an alleged multi-year scheme to avoid paying taxes. The U.S. Department of Justice accuses Andrew Wiederhorn of taking $47 million…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has rejected an improved takeover proposal from rival BHP that values the UK-listed miner at £34bn, intensifying the…
Stifel Financial is predicting a rough road ahead for the S & P 500 . The investment bank forecasts the benchmark stock index will tumble about 500 points to 4,750 in the second or third quarter — a correction of…
The voice Alexis “Lexi” Bogan had before last summer was exuberant. She loved to belt out Taylor Swift and Zach Bryan ballads in the car. She laughed all the time — even while corralling misbehaving preschoolers or debating politics with…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Three people have been charged in the UK with spying offences, accused of assisting the Hong Kong intelligence service and…
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images Chinese-founded fast fashion behemoth Shein isn’t just working to win over lawmakers in Washington, D.C., as it gears up for a…
The Beijing startup founded by technology pioneer Kai-Fu Lee is introducing its first artificial-intelligence application for consumers, a step aimed at helping China capitalize on the promising technology. Lee’s firm, 01.AI, is launching a free productivity assistant called Wanzhi, the…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is set to issue new antitrust charges against Microsoft over concerns that the software giant is undermining competitors to…
SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg…