Business
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A winning bet if homebuilder shares continue to weaken amid high interest rates
July 3, 2024
A winning bet if homebuilder shares continue to weaken amid high interest rates
In late May, I published my bearish thesis on homebuilders and put forward a trade for DR Horton (DHI). Since…
‘In a healthy system, you learn from failure. Why doesn’t the Treasury?’
July 3, 2024
‘In a healthy system, you learn from failure. Why doesn’t the Treasury?’
This is part of a series ‘Economists Exchange’, featuring conversations between top FT commentators and leading economists Sir Paul Collier…
Can Gen Z save tea? How young Brits are rekindling their love for the classic cuppa amid a crisis of relevance
July 3, 2024
Can Gen Z save tea? How young Brits are rekindling their love for the classic cuppa amid a crisis of relevance
In May, the parent companies of two of Britain’s top tea brands reported record sales: Kallo Foods, which owns Clipper…
Underground network secretly smuggles Nvidia chips into China
July 3, 2024
Underground network secretly smuggles Nvidia chips into China
The Wall Street Journal has uncovered a largely hidden network of buyers, sellers and couriers that are skirting Biden administration…
Skydance Paramount’s Deal With Redstone’s National Amusements Is Revived
July 3, 2024
Skydance Paramount’s Deal With Redstone’s National Amusements Is Revived
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on October 21,…
Eli Lilly’s New Alzheimer’s Drug Gets FDA Approval
July 2, 2024
Eli Lilly’s New Alzheimer’s Drug Gets FDA Approval
Eli Lilly & Co.’s Alzheimer’s drug has been approved in the United States, becoming the second drug to slow the…
Tesla deliveries fall, but not as much as feared
July 2, 2024
Tesla deliveries fall, but not as much as feared
Tesla’s car sales fell for a second straight quarter but not as much as expected, helping to boost the company’s…
Taylor Swift Eras Tour Isn’t the Only One Causing Inflation
July 2, 2024
Taylor Swift Eras Tour Isn’t the Only One Causing Inflation
Taylor Swift performs on stage during her “Taylor Swift | The Eras Tour” at the Aviva Stadium on June 28,…
City of London postpones decision on new tallest building
July 2, 2024
City of London postpones decision on new tallest building
Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. The City of…
UK’s $33 billion banking app Revolut turns profitable while stuck in banking license impasse
July 2, 2024
UK’s $33 billion banking app Revolut turns profitable while stuck in banking license impasse
After years of losses, British banking app Revolut finally turned a corner last year. Its revenue nearly doubled to £1.8…