current state of the u.s. economy
- ECONOMY
Trump Organization convicted of tax fraud in Manhattan trial
Donald Trump’s businesses have been found guilty of tax fraud, in a significant victory for Manhattan prosecutors who pursued the…
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US bank executives wary on global economic outlook
The leaders of some of Wall Street’s biggest banks have issued wary outlooks for the global economy, as consumers spend…
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UK considers precautionary antibiotics for children as Strep A cases rise
Ministers have raised the prospect of UK children being given antibiotics as a precaution if a classmate falls ill with…
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How the G7’s oil price cap blocked the Bosphorus
The G7’s plan to keep Russian crude flowing whilst denting Moscow’s revenues is already facing its first problem. By Monday…
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World Cup/CyberAgent: sports betting will determine fortunes of streaming service
In Japan, World Cup matches are keeping people up all night. Early on Tuesday morning, a record number of viewers…
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EU to propose sanctions on Russia’s mining industry
The European Commission will propose a ban on new investments in Russia’s mining sector as part of a fresh package…
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Marston’s pubs enjoy World Cup boost
Football fans visiting the pub to watch England’s World Cup matches have boosted drink sales at Marston’s by up to…
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TSMC triples Arizona chip investment to $40bn
Taiwan Semiconductor Manufacturing Company will more than triple its investment in the US state of Arizona to $40bn, as geopolitical…
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European stocks slip after hot services data spark Wall Street sell-off
European stocks steadied on Tuesday after a heavy sell-off overnight on Wall Street, when traders took hotter than expected US…
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Lawyers use pro bono hours to step up fight for racial justice
Big-firm lawyers are refocusing their pro bono efforts — which traditionally cover a range of issues — to address the…
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China’s Communist party strives for unified image at Jiang Zemin funeral
The Chinese Communist party honoured Jiang Zemin with three minutes of nationwide silence and a memorial service broadcast live on…
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Goldman thinks good news is good news again
Edward Price is principal at Ergo Intelligence. A former British trade official, he also teaches at New York University’s Center…
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Do you really want to live to be 100?
I’m one of life’s optimists. When I think about living to be 100 years old, I picture a birthday party…
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UK finalises plans for regulation of ‘wild west’ crypto sector
The Treasury is finalising plans for a package of sweeping rules to regulate the cryptocurrency industry, including limits on foreign…
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Sunak dilutes housebuilding pledge in face of Tory revolt
Rishi Sunak has watered down a manifesto commitment to build 300,000 new homes a year in the UK in an…
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Cyril Ramaphosa fights back as scandal rocks South Africa’s presidency
South Africa’s ruling African National Congress has thrown its weight behind troubled president Cyril Ramaphosa, as he asked the country’s…
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West tightens screw on Russia over energy
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The go-slow gambit on Biden’s car subsidies
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Toyota to launch six electric models in Europe by 2026
Toyota will launch six electric models in Europe by 2026 and start UK trials converting pick-up trucks to run on…
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Indian equities hit record high as investors look beyond China
India’s stock market reached an all-time high this month as robust economic growth, financial reforms and a pro-business government have…
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Javid’s exit adds gravitas as Tories limp to the end
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Court ruling paves way for sale of Gupta’s Belgian steel plants
Sanjeev Gupta faces losing control of his steel plants in Belgium after the approval of a judicial restructuring of his…
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Louise Richardson: ‘I do wish our students were more resilient about nasty remarks’
Britons have a love-hate relationship with Oxford university. It designed a Covid-19 vaccine, yet oozes academic feuds. It represents aspiration,…
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China steps on Washington’s toes as Xi heads to Saudi Arabia
President Xi Jinping will this week pay his first visit to Saudi Arabia in six years as part of efforts…
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Ruthless England get job done against Senegal
England 3 Senegal 0 Some fans wish England would be more fluent and daring. Imagine the goalscoring records Gareth Southgate’s…
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Home secretary welcomes report calling for crackdown on asylum seekers
Suella Braverman, UK home secretary, has welcomed a report calling for a major crackdown on asylum seekers who come to…
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Labour to set out plans for devolving UK economic powers
Sir Keir Starmer, Labour leader, will on Monday set out plans to devolve economic powers and create a series of…
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Iran signals end to morality police responsible for upholding Islamic dress code
Iran is to abolish its morality police that monitors women’s clothing, following long-running protests sparked by the death of a…
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US college football: big money game is now beyond a jock
In 2035 or so, an economist may win a Nobel Prize for showing that post-pandemic inflation did not come from…
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Kim adopts trappings of royalty as he presents ‘princess’ to North Korea
When North Korean state media published photos of Kim Jong Un at the launch of an intercontinental ballistic missile last…
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Working 9 to 5
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Afghan activist Zarifa Ghafari: ‘They sold Afghanistan to the Taliban’
Zarifa Ghafari says it became clear she could no longer trust her driver when Taliban militants tried to blow up…
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Watchdog warns firms over CFD mis-selling risks
The UK financial watchdog has warned it will crack down on companies offering a highly-leveraged investment product to retail customers…
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Sajid Javid to quit as MP at next election
Former UK health secretary Sajid Javid has confirmed that he will not stand as an MP in the next general…
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Brexit: Has business found its voice?
This is the third part in a new FT series, Brexit: the next phase. Nearly two years after the UK’s…
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Palmer Luckey’s defence start-up Anduril raises almost $1.5bn
Defence technology start-up Anduril has raised nearly $1.5bn in the second-biggest venture capital round of the year in the US,…
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Failing public services are not helpless — government must step up
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
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Incendiary claims about the UK census do not reflect reality
This week, the latest tranche of data from the UK’s 2021 census was published, including figures on race and ethnicity.…
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‘It’s absolutely fantastic’: visiting fans shrug off Qatar negativity
Souq Waqif, the busiest market in the Qatari capital Doha, is the unofficial focal point for the Fifa World Cup,…
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Cyril Ramaphosa’s presidency hangs in the balance as ANC leaders meet
South Africa’s ruling African National Congress is set to meet on Friday to decide Cyril Ramaphosa’s fate, with his presidency…
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Military briefing: Ukraine war exposes ‘hard reality’ of west’s weapons capacity
Nearly 10 months into Russia’s full-scale invasion of Ukraine, the allies that have backed Kyiv’s war effort are increasingly concerned…
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Labour calls for new election after humbling Conservatives in Chester
Rishi Sunak suffered the first electoral defeat of his premiership after Labour held on to its Chester seat in the…
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Finnish leader warns democratic countries against being ‘naive’ on China
Finland’s prime minister has warned democratic countries to “stop being naive” about China, saying it is essential that they reduce…
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World Cup briefing: Germany beat a hasty exit
Germany crashed out of the World Cup in the group stages — again. It was a humiliating exit for one…
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Florida prepares U-turn on Disney’s ‘Don’t Say Gay’ punishment
Florida lawmakers are working on plans to reverse a move that would strip Disney of its right to operate a…
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Scientists erupt in excitement as Mauna Loa roars back to life
Volcanologists could hardly contain their excitement after Mauna Loa in Hawaii, the world’s largest active volcano, reawakened this week after…
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UK business schools come to terms with Brexit
Moving from Germany to the UK to study for the Masters in Analytics and Management at London Business School was…
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The ECJ’s gift to oligarchs under sanctions
That noise is the clinking of champagne flutes as oligarchs under sanctions celebrate, perhaps in their Mediterranean villas overlooking their…
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Shale pioneer Harold Hamm slams US-Venezuela oil deal as ‘desperation’
Shale pioneer Harold Hamm has hit out at the US’s oil deal with communist Venezuela, saying it marked a new…
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Three Minutes: A Lengthening film review — moving memories of prewar Poland
How long does a director need to capture history? David Kurtz took three minutes, the extent of a silent European…
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