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US inflation falls to 3.4% in July
Fallout from Iran war continues to reverberate across economy even as petrol prices decline
Mark Walter’s insurers rush to unwind affiliated investments
TWG Global is seeking to refinance loans, restructure firms and bring in outside investors as prosecutors scrutinise books
Burnham urges retailers to stop selling disposable BBQs amid wildfires
PM holds emergency government meeting in response to drought and heatwaves
Crackdown on zero-hours contracts could cost UK firms up to £3bn per …
About £1.2bn will come from new rules forcing bosses to pay compensation for cancelled shifts
Lightbridge CEO Says Nuclear Fuel Is Accelerating
Lightbridge CEO Seth Grae says the company’s advanced nuclear fuel is progressing faster than expected as testing continues at Idaho National Laboratory. He joins Bloomberg …
Firefly CEO Says Launch Demand Is Surging
Firefly Aerospace CEO Jason Kim says launch capacity is tighter than ever as commercial and government demand accelerates. He joins Bloomberg Open Interest to break …
Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of more than $12 billion, according to people …
Goldman Sachs to Buy Neos Investments for $2.25 Billion
Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed ETF market. …
Cava Rises on Sales; CoreWeave Soars on AI Outlook | Stock Movers
On this episode of Stock Movers: - Cava (CAVA) is also rising this morning as sales jumped with Americans flocking to Pita Chips, Salmon, and …
Switzerland pushes ahead with post-Credit Suisse crackdown
Financial regulator may be given greater powers to intervene at troubled banks and levy fines
Bob Iger and Josh Kushner in $12bn deal for Lakers basketball franchise
Guggenheim’s Mark Walter sells team after just a year of ownership amid US inquiry into insurance empire
Poor numeracy is a blind spot in the age of AI
An understanding of maths can be crucial to judging if the tech is telling you the right thing
Investor Nelson Peltz prepares bid for US burger chain Wendy’s
Trian Fund Management, BlueFive Capital and Flynn Group could submit offer in the coming weeks
Smile, you’re on camera: when the boss wants to read your mood
Patent records show how many companies are interested in trying to record how people feel
FirstFT: Vance asked Ukraine to halt strikes on tankers
Also in today’s newsletter: Moderate Democrat wins in Wisconsin, and Bank of America commits $250bn to US infrastructure projects
Colombian earthquake disrupts key coffee export road
Operations paused at port handling most of Colombia’s bean shipments
Moderate Democrat unexpectedly beats socialist in tight Wisconsin primary race
David Crowley defeats Francesca Hong for party’s gubernatorial candidate
Most Electricity Sought for AI Data Centers in US Will Never Materialize
More than two-thirds of the electricity sought for the artificial intelligence boom in the US isn’t likely to materialize due to “phantom” projects and long-shot …
Why Romantasy May Soon Be a Billion-Dollar Business
Romantasy has grown from a BookTok-driven obsession to a nearly billion-dollar business, powered by a largely female fandom scooping up special editions, merchandise, event tickets, …
Pimco Sees Fed on Hold Through 2026 as Inflation Moderates
Marc Seidner, CIO for non-traditional strategies at Pimco, discusses the outlook for inflation, the US economy and Federal Reserve policy. "We're much less fussed about …
Taiwan hits out at China over naval drill with Indonesia
Rare joint exercises raise concerns over Beijing’s more assertive conduct in disputed waters
Bank of America commits $250bn to US projects in boost to ‘America …
Pledge comes after president snubbed chief executive of US’s second-largest lender earlier this year
UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz
Abu Dhabi National Oil Co.’s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to …
Tata Sons Chairman N Chandrasekaran Resigns Ahead of AGM Next Week
Natarajan Chandrasekaran will step down as chairman of Tata Sons Pvt. when his term ends in February 2027, deepening a leadership crisis at the Indian …
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