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

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 ...