Business

Inside a Fortune 500 CEO’s manic plan to escape the U.S. ‘death tax’: ‘It’s not that I’m selfish for myself’

‘Death and Taxes’ tells the story of Harvey Schien, whose years-long pursuit is memorialized in a new film produced by ...

Strong dollar set to hit emerging market bonds, warn investors

EM debt funds suffer outflows as hopes of rate cuts by developing nations fade

Israel fights Hizbollah at Lebanese crusader castle as forces push north

Fierce clashes in Chamaa injured four UN peacekeepers on Friday in one of Israel’s deepest advances into the country so ...

Brits retiring abroad could avoid UK inheritance tax under new loophole

Budget measure allows anyone staying abroad for 10 years to avoid death duties on global wealth

Best books of 2024: Roula Khalaf, Janan Ganesh and other FT journalists pick their favourites

FT editors, columnists and specialists share the titles that have inspired them

The age of the partial outsider

There is such a thing as the optimal degree of alienation — and it isn’t zero

Gisèle Pelicot, the woman at the heart of a trial that has shocked France

She has shown extraordinary strength as a court hears how she was drugged by her husband and raped by strangers

The myths that made Elon Musk

The tech billionaire’s backing of Donald Trump is part of a worldview that draws on Silicon Valley’s wildest frontiers

‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury

Nomination of hedge fund investor follows tumultuous fight for the top US economic post

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

Bessent, 62, is the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management ...

Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be tasked with implementing president-elect’s pledges to cut taxes and raise tariffs

Trump team prepares to announce Scott Bessent as Treasury pick

Bessent, 62, served as a key economic adviser to Trump during the campaign, promoting his agenda and crafting policy speeches. ...

US debt sustainability now seen as top financial stability risk

“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the Middle East ...

Nvidia’s stock surge means CEO’s foundation must double giving

The Jen-Hsun & Lori Huang Foundation saw its assets, which mostly consist of Nvidia shares, more than triple to $3.4 ...

Leveraged hedge funds magnified August market sell-off, Fed says

US central bank report pins blame for trading volatility partly on investors that had taken on too much debt

GOP candidate’s message board mystery: CNN says he’s ‘black NAZI,’ he’s suing and says he was hacked

Robinson lost to Democratic Attorney General Josh Stein by nearly 15 points and will leave office at year-end. Read More

Mandelson email to voters in Oxford chancellor contest draws criticism

Candidates say lack of ‘hard and fast’ rules has led to confusion and poor turnout

Swedish battery champion Northvolt facing financial meltdown as CEO resigns

Facing $5.8 billion in debt, Swedish battery maker Northvolt files for bankruptcy protection as CEO steps down amid restructuring. Read ...

EVs and their ‘innate feeling of luxury’ will create a ‘new type of premium,’ says Kia’s top designer

“EVs allow us to create…a very premium experience for people who may not have been able to afford it in ...

Yieldstreet seeks $75-$100 million in new funding as the investment platform weighs sale

Lovell Minnick Partners seeks investor for Fortis Payment Systems Read More

Tina is back: Investors say there is no alternative to US equities

Fund managers are finding it really hard to articulate a strong case to put money to work anywhere else

‘There was so much promise’: How Northvolt tumbled into bankruptcy

Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

How long will Trump’s honeymoon with the stock market last?

Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears ...

Labour accused of £2.7bn ‘backdoor hike’ in business rates

Government will taper relief for thousands of shops, pubs and restaurants over next two years

UK signals it would arrest Netanyahu if he travelled to the country

Government says it will ‘always comply’ with international legal obligations after ICC warrant issued for Israeli prime minister

More than 113 million people are drinking tap water that contains a newly identified chemical—and nobody knows if it’s toxic or not

The byproduct of chloramine—used to disinfect drinking water—and naturally occurring chemicals has finally been identified: chloranitramide. Read More

Walmart is to Gen Z what Target was to millennials. Here’s where ‘Tar-zhay’ lost its footing

Walmart has seen an 18% increase in online purchases for Gen Z shoppers this year. Read More

Trump tariffs risk turning American businesses into corporate welfare recipients, warns Citadel’s Ken Griffin

“I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism,” the hedge ...

SoulCycle CEO swears by these 5 morning habits—including the occasional Popeyes sandwich

CEO Evelyn Webster’s morning routine: Crosswords, cold shower, and a sweat session. Read More