4,072
-0.12%
4,072
-0.12%
11,461
-0.18%
11,461
-0.18%
34,430
0.1%
34,430
0.1%
1,812
-0.2%
1,812
-0.2%
17,057
0.53%
17,057
0.53%

Martin Wolf: The Tories need to abandon their shibboleths

Breaking news

WATCH: Equity markets will look for any sign of a so-called ‘Santa rally’ as some investors think it’s time for gains amid signs that rates and inflation may have peaked. Here's a look at the week ahead in business and finance |  Link
Germany has become a no-fly zone for discount airlines like Ryanair and EasyJet |  Link
The Covid pandemic introduced the world to Zoom calls and forever changed how we work. Now a handful of startups are racing to build fully fleshed out virtual offices |  Link
Michael Lebhar and his brother were only teenagers when they started Lebbro Industries, which has now made millions on Amazon and Walmart. Here are his tips for success. |  Link
What happens when you spend 11 hours with Sam Bankman-Fried in his penthouse in the Bahamas |  Link
‘I did not know’: SBF statements highlight legal liability questions in FTX collapse by @alexiskweed #FTX Link
"If you're a truck driver and you want the most bada** rig on the road, this is it." |  Link
'I never really got better' — long Covid patients share their struggle with ongoing symptoms and the health-care system |  Link
Second Gentleman Doug Emhoff, the first Jewish spouse of a US leader, decried recent anti-Semitic comments by Ye and others saying, 'it’s painful, it hurts' |  Link
Chevron CEO Mike Wirth discusses how he responds to President Biden saying that the U.S. will stop drilling for new oil. |  Link
Infant formula shortage in the United States is likely to persist until spring, according to Enfamil maker Reckitt Benckiser |  Link
Mark Cuban gave this 19-year-old founder a $400,000 "Shark Tank" deal — and asked her to meet his 2 daughters. (via @CNBCMakeIt) |  Link
Where will mortgage rates go next year? The forecasts are vast by @__gabriellacruz Link
“This week was surprising in the sense that it did seem to indicate that the economy was in a healthier position than we first anticipated,” @mdbaccardax says about the data this week. “The job numbers today certainly cement that case.” |  Link
The @CityLab holiday gift guide — for the urbanist in your life |  Link
Elizabeth Holmes appeals her criminal fraud conviction, two weeks after she was ordered to serve more than 11 years in prison for deceiving investors in her blood-testing startup Theranos |  Link
Here's where the jobs are for November 2022 — in one chart. |  Link
You can start a successful business with little to no capital, says Nakia Vestal, a human trafficking survivor. Watch the video to learn about her journey and her advice for new entrepreneurs. |  Link
U.S. stocks rebounded to close almost where they opened, after a stronger-than-expected jobs report for November raised questions over how soon the Federal Reserve could slow its aggressive interest rate hikes. Read more: |  Link
This family left the U.S. and bought an apartment in Portugal for $534,000—look inside their 400-year-old home. (via @CNBCMakeIt) |  Link
Liquidity is the name of the game in the current economic environment |  Link
From historical arguments to poems on cryptocurrency, users took to Twitter to speculated on its ability to replace everything from playwrights to college essays |  Link
Cooling inflation and Powell’s talk of moderation sent stocks soaring. But a hot jobs report means rate hikes are still in the cards, and it’s not time to celebrate yet. |  Link
"This is about the outrageous behavior of an individual," Sen. Pat Toomey says on the FTX fallout. |  Link
Whether it’s flaming eggplant or liquid nitrogen gelato, 21st-century NYC diners are getting wowed by old-school tableside carts |  Link
Russian tourists are once again traveling in large numbers to Thailand and using credit cards issued outside of Russia |  Link
Layoffs hit white-collar workers, hinting at a ‘Patagonia vest recession’ |  Link
CFTC Chair calls for authority to prevent the next FTX by @Jenniferisms and @DsHollers Link
A crypto party in India is showing signs of trouble amid a wider market meltdown. Lax regulations heighten the risks, experts say. |  Link
Your boss denied your promotion request. Here's a CEO's simple advice for what to do next. (via @CNBCMakeIt) |  Link
Larry Summers says the Fed will need to raise rates more than expected, and warns the economy could slide suddenly like an "avalanche" |  Link
A Beverly Hills cop was California’s highest-paid municipal worker last year, earning $716,000 |  Link
The U.S. added a more-than-expected 263,000 jobs in November despite announcements of thousands of job cuts by technology companies, including Twitter, Amazon and Meta. Read more |  Link
“Oil is pinched in that sort of demand-supply equation right now,” @mdbaccardax says. More: |  Link
Companies that thrived during a period of rising prices may find it harder to boost prices and protect margins as inflations continues to slow. That could mean trouble. |  Link
4 of the top 10 best college towns in the U.S. are in Florida—see where else made the list (via @CNBCMakeIt) |  Link
Here's how a 26-year-old brings in up to $19K a month throwing parties: (via @CNBCMakeIt) |  Link
Tax "refunds may be smaller in 2023," warns the IRS. Here's why. |  Link
News shared on social media and by word-of-mouth moved faster than China’s censors, but the government is quickly making sure it keeps the upper hand |  Link
Home builders and suppliers have been hammered by rising mortgage rates. But there’s long-term value in the stocks, and interest rates won’t stay up forever. |  Link
McDonald's is taking a giant leap into the future with this new restaurant concept |  Link
Am I diversified? Jim Cramer makes the call |  Link
Winners of the second annual Earthshot Prize will each receive $1.2 million to help address environmental — and human — woes |  Link
LedgerX, one of the few solvent pieces of Sam Bankman-Fried’s crumbled FTX empire, is up for sale |  Link
Parents of successful kids don't worry about screen time, one expert says — they teach these 3 skills instead. (via @CNBCMakeIt) |  Link
Donald Trump “explicitly sanctioned tax fraud” by executives at two of the Trump Organization’s business units, a New York prosecutor told the jury in the companies’ criminal tax fraud trial |  Link
Cramer's lightning round: Let Extreme Networks cool off a little before buying |  Link
If you're taking part in the annual Medicare open enrollment period, here's how you can avoid being scammed. |  Link
Jim Cramer gives his take on Sunrun |  Link
Jim Cramer says he expects many more layoffs coming |  Link
WATCH: Drugmaker Pfizer is investing more than $2.5 billion in Europe, gearing up to launch new products it hopes can replace lost revenue as patents expire and vaccine sales decline |  Link
Heard on the Street: Jobs report reminds investors that Silicon Valley isn’t the whole economy |  Link
In an exclusive interview, San Francisco District Attorney Brooke Jenkins has a message about the “lawlessness” she says she inherited in her city: “All crime in San Francisco is illegal again” |  Link
Jim Cramer says these 3 apparel stocks benefit from the return to office |  Link
U.S. says Swiss engineering group ABB to pay over $315 million to resolve bribery case |  Link
U.S. Fed proposes plan for banks to manage climate-linked financial risk |  Link
“It will likely… prevent a rail strike and make such industrial activities illegal,” @mdbaccardax says about the new rail strike bill. “That’s a really big move for a president who has championed the labor movement for virtually the whole of his career.” |  Link
U.S. Treasury says oil price cap 'institutionalizing' Russian crude discounts |  Link
Flu hospitalizations nearly doubled over the last week, and admission rates have reached the highest level in more than a decade via @CityLab Link
New York Attorney General Letitia James’s longtime chief of staff and one of her most-trusted advisers resigned after being investigated for workplace misconduct via @CityLab Link
Of the 2,481 wines our columnist tasted this year, these 50 are the absolute best value |  Link
How Google's Waze has changed from its early days as car travel is remade |  Link
Adidas, one of FIFA's seven global partners, will still be represented in the tournament by Spain, Argentina and Japan after four of its seven sponsored teams exited the #FIFAWorldCup Link
Swiss industrial company ABB agrees to pay $315 million to resolve a multinational investigation into the bribery of a high-ranking official at South Africa's state-owned power utility Eskom |  Link
Germany has become a no-fly zone for discount airlines like Ryanair and EasyJet |  Link
Biden administration officials are trying to reassure oil market participants that the newly agreed $60 price cap on Russian crude won’t trigger supply disruptions and price volatility after it kicks in Monday |  Link
Here are seven major companies whose stocks moved on the week’s news, including CSX, AMC and Salesforce |  Link
Jim Cramer says these 3 apparel stocks benefit from return to office |  Link
What does it mean for a disease to become endemic? Watch the full video here: |  Link
The Biden Administration this week hosted French President Emmanuel Macron for an elaborate state dinner, with the menu headed by pricey, Maine-caught lobsters – drawing bipartisan criticism for the opulent optics.
Why Silicon Valley is so hot on nuclear energy and what it means for the industry |  Link
Bloomberg went to the Bahamas to spend 11 hours with the most famous man in crypto. This is what he had to say: Here’s your Evening Briefing |  Link
Darjeeling tea price tumbles after India leaf-blending quarrel |  Link
GM venture to invest additional $275M at Tennessee plant |  Link
The battle to control the iconic 4.2-mile stretch of road continues. |  Link
Microsoft is ready to fight for its $69 billion acquisition of gaming company Activision if the FTC files a lawsuit seeking to block the deal |  Link
The unemployment rate might have to rise to 4.5%—and stay there a while—before the Fed declares victory in cooling inflation. |  Link
Former FBI agent of 21 years: These are the 8 biggest "warning signs" that reveal a dishonest person. (via @CNBCMakeIt) |  Link
Goodbye savings, hello debt. Americans tap into credit to pay for goods this holiday season. @KristinaParts reports. |  Link
Magnetar Capital cut its stake in iRobot, a maker of automated cleaning devices. RA Capital disclosed a large stake in drug firm Acrivon Therapeutics. |  Link