Business
Trump’s casting call for administration hopefuls prizes one trait—TV experience
Trump loves that “central casting” look, as he likes to call it. Read More
Trump says he wants to dismantle the Education Department. Here’s what that would mean
He has picked Linda McMahon, a former wrestling executive, to lead the department. But like many conservative politicians before him, Trump has ...
‘Bomb cyclone’ kills 1 as it cuts power to over 600,000 and downs trees
The storm system is considered a “ bomb cyclone,” which occurs when a cyclone intensifies rapidly. Read More
What’s Russia’s nuclear doctrine and how did Putin change it?
Irrespective of whether Putin is prepared to go nuclear, the threat is intended to show the world that Russia remains ...
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney Treasure will make its maiden voyage in December, officially becoming the sixth ship in the company’s cruise line.
Minecraft is set to enter the real world in £85 million theme park deal in U.K. and U.S.
Minecraft struck a deal with theme park operator Merlin Entertainments and video game developer Mojang Studios. Read More
Oculus founder Palmer Luckey is back, revolutionizing warfare with a $14 billion startup. And this time he wants you to like him
“I realized too late that my reputation is actually very important,” Luckey told Fortune. Read More
Low growth and high debt risk Eurozone crisis, ECB warns
Central bank’s financial stability review sounds alarm on potential concerns over ‘sovereign debt sustainability’
California voters reject nation-high $18 per hour minimum wage ballot measure
Proponents estimated that the measure would have benefited 2 million workers, including hotel and grocery employees. Read More
What Trump’s return to the White House could mean for global bond yields
It is thought that Trump’s pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen ...
U.S. closes embassy in Kyiv over potential ‘significant’ air attack as tensions with Russia soar
The U.S. has closed its embassy in Kyiv, warning that it has “received specific information of a potential significant air ...
A Great Resignation 2.0 is simmering as employees feel overworked and underpaid, forcing them to look for greener pastures
The Great Resignation never really ended. But now employees’ challenges include their being overworked, underpaid, and not ready for AI. ...
Goldman Sachs tells investors Trump’s tariffs pose a major ‘event risk’ and to expect growth to slow in 2025
The investment bank forecasts 11% growth in the S&P 500 next year and warns the economy will be pulled in ...
Euro-dollar parity is back in focus as Trump win sparks trade jitters
The euro last traded at $1 and below in 2022, but fresh developments have put parity back on the agenda.
China’s SpaceSail to challenge Elon Musk’s Starlink in Brazil
Elon Musk’s Chinese rival in the satellite internet business plans to start operations in Brazil in 2026. Read More
Walmart exec warns customers Trump’s tariffs could mean higher prices
“Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will ...
Oaktree’s Marks says ‘uninvestable’ China offers bargains
“I’ve made my whole career buying assets that other people consider uninvestable.” Read More
UK inflation accelerates sharply to 2.3% in October
Figure exceeded expectations, driven up by rising energy prices
Xi Jinping will visit Brazil to ‘further enhance’ ties amid cloud of Trump’s return to White House
“The Global South is on a collective rise,” Xi wrote in an article published in Brazilian media ahead of his ...
Investors need to know when to put down the phone
Smartphone alerts can promote what behaviourists call ‘overtrading’, shredding your returns — and your nerves
How oil ‘wildcatters’ ended up in charge of Trump’s energy policy
Shale barons are jubilant about the Republican’s plan for US ‘energy dominance’. Climate campaigners are not
Starmer to visit Saudi Arabia and UAE to try to secure investment
UK prime minister is seeking billions of pounds of Gulf money to boost British growth
Middle East looks to Saudi Arabia to rein in Trump
Arab states hope close ties between Prince Mohammed and US president-elect can temper ardent support for Israel
Billionaire Poonawallas buy £42mn Mayfair property despite non-dom fears
Purchase of block on upmarket Grosvenor Square comes ahead of tax changes for wealthy international investors
The new Republican war on science
Robert F Kennedy Jr’s appointment is characteristic of Trump’s hostility to expertise
How AI is powering a robotics revolution
Advances in physical AI means machines are learning skills previously thought impossible
Walmart has mastered the dupe, sending the wealthy flocking to its stores
The company said about 75% of its gains this quarter came from customers making more than $100,000 per year. Read ...
SpaceX abandons attempt to catch Starship booster as Trump watches
Test was a setback for owner Elon Musk, who has become an influential figure in president-elect’s transition team
