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German carmaker’s 11% increase follows moves by Nissan, Hyundai, Honda and Toyota to lift workers’ wages
New research turns old certainties on its head and raises profound questions about American society
Repealing Trump-era cap on federal tax deduction would benefit only a small number of taxpayers
A mystery narrative meets a chronicle of criminality with a cast of characters living in the now gentrified New York borough
Inflows into corporate bond funds on track for highest total since July 2020
Diplomatic breakthrough came after weeks of talks brokered by Qatar, US and Egypt
Managers caught out in ‘painful’ rally as investors bet on quicker interest rate cuts
Also in today’s newsletter, Biden says Israel-Hamas hostage deal close and OpenAI directors in talks with Sam Altman on rejoining board
But minutes from November meeting of US central bank also reveal consensus that policy must remain ‘restrictive’
The onus is on European allies to step up support and chart a path for Kyiv towards Nato and EU membership
What the IMF gets wrong about the global trade rebound
Closer military co-operation by Washington and Manila comes amid growing tensions with Beijing
The problem is the fundamental Democratic offering, not a failure to communicate
The owner wanted to preserve as much of the 21-acre rural plot in California as possible by creating a compact, environmentally conscious home
Easy money has not bred the undead
Surveys have picked up significant changes in the US and Europe that are rippling through national politics
HANetf and Tidal have agreed to collaborate so their respective clients can launch ETFs in the US and Europe
Britain and America do personality politics differently but neither path is a sign of health
Almost all employees threaten to join former chief at new Microsoft AI unit unless directors resign
Washington offers continued support in war against Russia
Like “watching paint dry”, but if the paint was the US banking system
Mental health advocate and fierce ally of President Jimmy Carter sat in on cabinet meetings
Any breakthrough is expected to lead to a multi-day pause in Israel’s offensive in Gaza
Amos Hochstein tells FT energy markets are coping ‘fairly well’ despite pressure from two wars
Turkey and other food costs are also down, while petrol price is lowest since January
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