Listen below or on the go on Apple Podcasts and Spotify Beryl hits Texas: Houston sees widespread power outage, heat alert issued (CNP). (00:20) Tesla (TSLA) rival BYD (OTCPK:BYDDF) to build $1B EV plant in Turkey. (01:18) Stellantis (STLA) to have 30 hybrid models available in Europe this year. (02:08)…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Governments need to make green jobs pay better and guarantee wages for workers who lose positions in high-emission sectors to persuade voters to press on with the net zero transition, the OECD…

As the NATO alliance prepares to celebrate its 75th anniversary at this week’s summit in Washington, it is also gearing up to welcome its first new leader in a decade: a man experienced at dealing with former President Donald Trump that many hope can keep the alliance unified in the face of…

Black and Latino workers, along with those of other or multiple races/ethnicities regularly have significantly less money in retirement savings than white workers do. This disparity results in a less secure retirement, even though they often work longer hours and careers. The retirement savings gap results, in large part, from…

Mortgage rates jumped up this week, hovering closer to 7%. This jump ended week’s run of dropping rates. Interest rates for 30-year, fixed-rate mortgages averaged 6.95%, Freddie Mac reported. “Mortgage rates increased this week, coming in just under seven percent,” Sam Khater, Freddie Mac’s chief economist, explained. “Both new home…

Paramount Global will merge with Skydance, capping off a months-long negotiation that included various twists and turns, and will see the Redstone family step away from control of the storied movie studio and media company.Paramount’s special committee agreed to the merger on Sunday, days after Shari Redstone’s National Amusements, the…

Shortly after the opening bell, we will sell 18 shares of Meta Platforms at roughly $542.3 and 20 shares of Palo Alto Networks at roughly $343. Following the trades, Jim Cramer’s Charitable Trust will own 275 shares of META, decreasing its weighting to 4.45% from 4.7%; and 230 of PANW,…

Job seekers have been calling the shots for nearly four years as employers struggled to fill millions of openings to meet an onslaught of demand coming out of the pandemic. Many employers couldn’t even require that workers return to offices, fearing they would quit. And if those workers did end…

For better or worse, the history of capitalism will be defined, in part, by the success of e-commerce giant Amazon (NASDAQ:AMZN). In addition to being one of the largest publicly traded companies on the planet, it is a business that continues to grow at a rapid pace. Over its lifetime,…

France is heading towards a hung parliament and rocky talks to form a government after an unexpected leftwing victory thwarted Marine Le Pen’s efforts to bring the far right to power.Markets initially reacted negatively to the news but quickly recovered with the euro flat and French stocks making gains.The leftist…