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On the High Street in Hungerford, a historic market town about an hour west of Reading, is Nigel Montgomery’s stamp and coin shop. He has traded precious metals for about 50 years, but has never seen a gold rush like this: the price of a troy ounce, the unit used to weigh precious metals that

Walmart said it will remove self-checkout counters at two more stores — including one where retail theft has gotten so bad that shoppers say going there has become downright “scary.” The Arkansas-based retail giant didn’t address the problems of retail theft, saying it was ditching the self-checkout lanes at the store in Cleveland and another

Oh, sweet the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a new rule from the Adams administration. The city Health Department’s first-in-the-nation edict will mean labels warning on food and drinks with more than 50 grams of

Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become

Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South. The bill passed the Republican-controlled House of Representatives on Thursday afternoon in a 7040 vote. DeSantis signed it into law hours

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose to 2.7 per cent in the year to March, according to the metric the Federal Reserve uses to set its target for price pressures. Friday’s data on personal consumption expenditures surpassed economists’

Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. G7 countries are set to agree a global target this weekend to increase electricity storage capacity sixfold from 2022 to 2030, as countries grapple with how to keep the lights on while shifting to intermittent

Neil Tennant, half of the most successful British duo in the history of pop music, arrives alone to lunch with the FT. “We call this the Coldest Table In London,” he announces, gesturing at the bare windows of J Sheekey in Covent Garden and the wind tunnel that is St Martin’s Court, in front of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Diamonds of the kind that come from mines, not laboratories, got a fine endorsement last week from LVMH, the French luxury group that owns Bulgari and Tiffany & Co. “When it comes to jewellery, we

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ExxonMobil’s chief financial officer said the US oil major is watching the “pretty troubling” geopolitical events in the Middle East and Russia closely as the company reported first-quarter profits that were below Wall Street expectations.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A group of Thames Water bondholders has demanded an emergency meeting with the troubled utility’s management, seeking clarity on the situation at the UK’s biggest water supplier after its parent company defaulted on its debt

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private equity firm Thoma Bravo has agreed to take UK cyber security company Darktrace private in a transaction valuing the company at £4.3bn, marking the latest high-profile takeover of a London-listed group. The offer,

The last time an Italian man won a Grand Slam tennis tournament, ABBA were in the charts, The Omen was in cinemas and Jimmy Carter was on the campaign trail. That 48-year barren period came to an end in January when Jannik Sinner lifted the Australian Open trophy, leaving vanquished finalist Daniil Medvedev in his

South Africa’s mining minister was campaigning in Rustenburg, the northern capital of the country’s platinum belt, when news broke of BHP’s £31bn proposal to take over Anglo American. Five weeks before critical general elections for the ruling African National Congress government, Gwede Mantashe was quick to shoot down the approach, telling the Financial Times that

Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Anglo American has rejected BHP’s offer to break up and buy the UK-listed miner, saying the proposal “significantly undervalues” the company and its future prospects and that the deal would be “highly unattractive” to its shareholders.

When UK ministers invited a fresh round of applications to the £4.8bn Levelling Up Fund for economically struggling areas in 2022, Durham county council was optimistic.  Whitehall officials had praised a previous application from the north-east authority, which includes some of the UK’s poorest former mining communities, as an exemplar of “what a bid should

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Is immigration good for a country, or bad? This question always strikes me as unhelpful. It depends on the country. Even if we couch the question strictly in economic terms, things vary. Immigration adds millions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I’m not about to argue that economists are useless. Nor will I argue that they should all be obviously useful. If some want to do research that might seem like “mathturbation” but that is actually

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