Business
US unemployment rate set to surpass 5.5%, economists predict
FT/IGM poll suggests waning optimism the Fed can tame inflation without causing material job losses
These ETFs can help investors navigate stubbornly high inflation in 2023
Inflation is unlikely to fall to the Fed’s 2% target level by the end of next year, according to BlackRock’s ...
European tech groups lose $400bn in value following funding crunch
Investor wariness creates first big test of continent’s tech scene since rise of start-ups Spotify and Revolut
The tech slowdown has started to bite in Europe
An annual survey of the state of Europe’s technology market from the venture capital firm started by the co-founder of ...
Japan’s economy could enter a recession in 2023, economist says
Japan’s economy is set to enter into recession as export growth slows, according to Capital Economics’ Marcel Thieliant.
Raphael Warnock beats Trump pick Herschel Walker in Georgia Senate runoff, NBC projects
Warnock’s projected win over Walker marks a major loss for former President Donald Trump and could have a major impact ...
Fed Chair Powell is having a communication problem with the market
No matter what Powell tells market participants these days, it seems they only hear the good stuff.
Raphael Warnock defeats Herschel Walker in Georgia Senate runoff
Walker’s defeat is another blow to Donald Trump, who endorsed the candidate, as he builds his third White House bid. ...
Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over
Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus ...
Omicron boosters are weaker against BQ.1.1 subvariant that is rising in U.S., study finds
The boosters did not trigger a robust response against BQ.1.1. People with a prior history of infection who received the ...
India’s Adani targets sovereign funds in capital raising spree
Asia’s richest man has pledged to invest $70bn in renewables but is coming under pressure for high leverage
China risks 1mn Covid deaths in ‘winter wave’, modelling shows
Government faces reckoning over failure to vaccinate elderly and boost ICU capacity
Jim Cramer says he expects ‘many layoffs’ at companies after Christmas
Pepsi is one of the latest companies to downsize following layoffs at food and beverage peers Beyond Meat, Impossible Foods ...
Lessons from one woman’s ascent to a CEO job in Japan
Makiko Ono’s rise at Suntory shows how much more is needed to correct gender imbalance
UN warns of the cost of ‘humanity treating nature like a toilet’
Heated negotiations expected at summit over funding to deal with damage to environment and wildlife
US and UK pledge to maintain high levels of LNG trade
New ‘energy partnership’ aims to boost amount of liquefied natural gas sent to UK while reducing reliance on Russia
US judge rules for pharma groups in cancer litigation over Zantac
Threat of lawsuits over heartburn drug had wiped £30bn off shares of GSK, Pfizer, Sanofi and Boehringer Ingelheim
KPMG staff cheated on professional tests, US regulator says
Fines from oversight board total $7.7mn in actions against accountant’s networks in the UK, Colombia and India
Voting draws to a close in Georgia Senate run-off election
The result will determine the size of the Democratic party’s majority in the upper chamber of Congress
Climate change prompts look at shake-up of Winter Olympics host selection
Rota of IOC-approved cities would have to meet temperature criteria as games face cost concerns
Credit Suisse agrees deal to use First Boston brand on spun-off arm
Plan back on track to put historic name on restructured capital markets and advisory business after trademark dispute
BlackRock chief Fink pressured to resign over ESG ‘hypocrisy’
Activist fund Bluebell Capital Partners previously targeted Richemont, Danone and Solvay
Petrobras CEO to leave as Lula prepares to take office in Brazil
President-elect has called for a change in strategy at the state-controlled oil producer
Lawmakers tell Live Nation CEO they want answers on the Taylor Swift Ticketmaster fiasco
A House subcommittee asked Live Nation CEO Michael Rapino to provide a briefing on Ticketmaster’s ticketing process for Taylor Swift’s ...
Argentina’s Cristina Fernández de Kirchner convicted of corruption
Powerful vice-president rails against verdict as she faces six-year sentence
Kirstie Alley died from colon cancer, a silent disease that usually doesn’t have symptoms until it’s too late. Here’s what you need to know
The “Cheers” actress was 71. Read More
MongoDB stock jumps 27% after cloud database company shows surprise adjusted profit
MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other ...
Meta had a system to protect celebrity Facebook and Instagram accounts from moderation
An independent review found Meta’s “cross-check” program to have protected celebrity figures from moderation protocols. Read More
Asking for a raise every 6 months is the key to getting rich—even in this economy, says TikTok finance guru with millions of followers
“If you’re only making $40,000 a year, there [are] only so many costs you can cut before you’re living a ...