Business

Record $600bn pours into global bond funds in 2024

Investors piled into fixed income in bet on falling interest rates

Trump’s daughter-in-law says she won’t seek US Senate seat

The president-elect said this week he didn’t expect DeSantis to appoint Lara Trump to the Senate. Read More

Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio

Russia’s largest movie studio donated about 50 tanks and armored vehicles from the 1950s that it had been using a ...

Trump taps ‘Apprentice’ producer Mark Burnett as special envoy to UK and Tilman Fertitta as Italy ambassador

Trump also announced casino magnate Tilman Fertitta as his choice to be U.S. ambassador to Italy. Read More

Amazon NYC warehouse targeted by Teamsters as strike expands

Workers at one of Amazon’s air cargo hubs, in San Bernadino, California, were also joining the strike as of Saturday ...

There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says

“For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices.” Read ...

The spending bill that averted a shutdown shrank from more than 1,500 pages to just 100—here’s what was cut

The spending bill that cleared Congress didn’t include pharmacy benefit manager reforms, a pay raise for lawmakers, and a crackdown ...

Why companies like OpenAI and SpaceX are staying private longer

As a result, a relatively small group of people have access to the upside while the vast majority of potential ...

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

Cocoa prices have almost tripled this year as faltering production in West Africa spurred massive supply shortages. Read More

Social Security benefits for many public service retirees get a boost in late-night spending bill

A typical dual-income couple retiring in 2033 would see an additional $25,000 lifetime reduction in their benefits. Read More

Gifts accepted by Clarence Thomas ‘have no comparison in modern American history,’ Senate Democrats say

The investigation found that Thomas has accepted gifts and travel from wealthy benefactors worth more than $4.75 million by some ...

Keir Starmer looks at sweeping reforms to special education needs

Ministers consider changes to SEN system as Labour vows to tackle ‘crisis’ in provision

Home Office to review autism cases in anti-extremism unit

Study into Prevent programme comes after FT investigation exposing prevalence of autism in counter-terror casework

Anti-Islam Saudi immigrant held over Magdeburg attack

Four people killed and more than 200 injured after car ploughs into busy Christmas market

WhatsApp wins legal victory against NSO Group in Pegasus hacking case

Judge finds no merit in arguments made by Israeli spyware manufacturer

4 daily habits of truly happy people

There are steps you can take to achieve happiness independent of life circumstances. Read More

For roughly $30,000, this company gives you a 98% chance of getting into Harvard and the Ivy League

College is already expensive, and Crimson Education believes paying extra for top-notch admissions help is worth it. Read More

Gen Z workers think showing up 10 minutes late to work is as good as being on time—but baby boomer bosses have zero tolerance for tardiness, research reveals

No wonder bosses say Gen Z are hard to manage: While 70% of boomers have zero tolerance for any level ...

MicroStrategy’s ‘financial engineering’ powers ascent to Nasdaq 100

Convertible bonds to fund bitcoin purchases have been lapped up by investors, but some fear impact if token falls sharply

From a tartan butler to a guitar concierge, these hotels have some of the best perks for business travelers 

Here are the hotels in Europe that can take business travel to the next level. Read More

Goodbye to Berlin, Europe’s self-effacing capital

The FT’s departing correspondent on the city’s transformation over the past decade

FT Weekend’s Life & Arts quiz of the year

From Swifties to Sondheim, Cardi B to a multimillion-dollar banana: 40 fiendish questions to test your knowledge of 2024

AI’s assault on our intellectual property must be stopped

Writers should not have to shoulder the burden of ‘opting out’ from companies stealing their work

Crypto giant Tether invests $775 million in Trump-friendly video service Rumble

Tether’s move to buy a large stake in Rumble signals its ambitions to expand both its technological and political ambitions. ...

Party City to wind down operations, fire employees, CEO says

Should the company follow through with its plan to file bankruptcy, it would be the second time in less than ...

CFPB sues JPMorgan, Bank of America over alleged Zelle fraud

“Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves,” the CFPB said. Read More

US Congress to hold new vote to avert government shutdown

House Republicans prepare for another attempt to pass funding bill under pressure from Donald Trump

Merck-AstraZeneca breast cancer drug reduces risk of death by 28% in patients diagnosed early, clinical trial shows

About 87.5% of patients treated with the drug were alive after six years, compared to 83.2% who received a placebo. ...

House speaker vows to avoid government shutdown as Congress eyes new spending bill without Trump’s debt ceiling raise

Republicans, keen to dodge a shutdown, decided to only introduce a one-vote spending package. Read More