Tal Alexander (L) and Oren Alexander (R). Getty Images Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The brothers were arrested in Miami Wednesday on sex trafficking charges related to the alleged assaults. They face charges of
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Business leaders have warned chancellor Rachel Reeves at a private meeting that the economic environment is “extremely challenging”, with companies facing major uncertainty due to her tax-raising Budget and the government’s planned package of employment
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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 November, as the Federal Reserve considers how quickly to press ahead with lowering interest rates. The figure was in line with the expectations of economists polled by
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The “fist” monument to boxer Joe Louis in Detroit. The city has fought its way back from bankruptcy to investment grade.Adobe Stock Wednesday marks the 10-year anniversary of Detroit’s exit from bankruptcy. Its Chapter 9 declaration in July 2013 was the largest municipal bankruptcy in U.S. history, and Detroit’s comeback saga has been just as
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Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings. The surge in refinances was behind a 5.4% increase in total mortgage demand compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest
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President-elect Donald Trump tapped Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency, Trump said on social media on Tuesday. Ferguson, one of two Senate-confirmed Republican FTC commissioners appointed by President Biden, will be “the most America First, and pro-innovation FTC Chair in our Countrys History,” Trump said. “Andrew has a proven record of standing up to Big
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A Chinese citizen living in Los Angeles allegedly flew a drone and took aerial images of Vandenberg Space Force Base last month, federal prosecutors said Monday.  Yinpiao Zhou, 39, was arrested this week at the San Francisco International Airport prior to boarding a China-bound flight, the Justice Department said. He is charged with failure to register an
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President Biden plans to formally block NipponSteel’s proposed takeover of USSteelon national security grounds once the $15 billion deal is referred back to him later this month, Bloomberg News reported Tuesday, citing people familiar with the matter. The US national security panel reviewing the deal must refer its decision on the merger to Biden by
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. London’s Heathrow airport has forecast its busiest ever festive period, with a jump in passengers travelling on Christmas Day set to cap a record-breaking year of travel for the UK’s largest airport. On Wednesday, the
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Enjoy complimentary access to top ideas and insights — selected by our editors. The top five bond financings in the ranking came in at more than $5 billion, according to data from LSEG. November was the first down month for issuance in the muni market and the top 20 bond financings only had a cumulative
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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