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Politics

George Clooney on recent Trump ‘second rate movie star’ job: ‘I don’t care’

Actor George Clooney said he doesn’t care if President Trump calls him a “second rate movie star,” among other criticisms.…

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Business

Japan’s population falls by half million as birth rate stays low

Japan’s population contracted by half a million last year, underscoring the country’s mounting challenges in tackling labor shortages and financing…

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Builders sitting on a pile of unsold homes are slashing prices and offering mortgage rate deals

Homebuilders are sitting on the most unsold homes since the depths of the Great Recession, giving buyers a chance to…

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Business

Nasdaq falls into bear market territory as stocks extend selloff after Powell signals no imminent rate cuts

The stock market continued its collapse Friday as the Nasdaq fell into a bear market amid the fallout from President…

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EV maker Lucid is capturing Tesla buyers at a higher rate as its new Gravity SUV hits showrooms

EV maker Lucid Motors (LCID) is seeing a light at the end of the tunnel — and former Tesla (TSLA)…

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Business

White House officials are considering a higher tax rate for the wealthiest Americans to help pay for cutting taxes on tips, report says

An option under discussion in the Trump administration is allowing the top tax rate to go back up to help…

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Business

Cathie Wood says the US is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes

Ark Invest's Cathie Wood warned that the economy could be headed for one or two negative quarters amid a “rolling…

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Business

ECB cuts interest rate to 2.5%

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Bank of England rate setter warns of higher UK inflation risk driven by wages

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its…

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