Economy
Campari makes exec rejig as CFO exits
Campari Group recently announced a significant reshuffling of its executive team, with CFO and COO Paolo Marchesini stepping down from his current role to become the vice chairman of the…
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Lasted Economy
Credit Suisse to pay $511mn over helping wealthy Americans hide more than $4bn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Smart retirement moves to make in your 40s and 50s
Decoding Retirement: Expert Advice for Navigating Market Volatility If you’re in your 40s or 50s and feeling anxious about the…
Ford expects $1.5bn profit hit from Trump tariffs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ford is…
Don’t expect lower rates after the Fed meeting
Mortgage rates have seen an increase across most term lengths today, based on data from Zillow. The average 30-year fixed…
OpenAI ditches plan to convert to for-profit business
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
The Inescapable Principle of Comparative Advantage
David Ricardo. In a provocative piece for The Financial Times, Nat Dyer asserts that economists fundamentally misinterpret the role of…
5 Jobs at Walmart That Now Pay $30 or More Per Hour
The national minimum wage in the United States is $7.25 an hour, but some positions at Walmart are paying significantly…
Why Nogales Fails – Econlib
In their seminal work, Why Nations Fail, authors Daron Acemoglu and James A. Robinson assert that the prosperity of nations…