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As Gen Z awaits its share of the $124 trillion Great Wealth Transfer from their baby boomer relatives, the generation’s financial footing is being put to the test. Typically, younger consumers see the fastest year-over-year gains in credit scores as they build their financial histories. But this year, the opposite happened: Gen Z just experienced … Read more
As businesses around the world have shifted their digital infrastructure over the last decade from self-hosted servers to the cloud, they’ve benefitted from the standardized, built-in security features of major cloud providers like Microsoft. But with so much riding on these systems, there can be potentially disastrous consequences at a massive scale if something goes … Read more
Before heading to bed before the Fourth of July holiday, Christopher Flowers checked the weather while staying at a friend’s house along the Guadalupe River. Nothing in the forecast alarmed him. Hours later, he was rushing to safety: He woke up in darkness to electrical sockets popping and ankle-deep water. Quickly, his family scrambled nine … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The fire that led to the closure of Heathrow airport for 24 hours in March was caused by a “catastrophic failure” of equipment at an electrical substation, according to an official review of the incident. … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Canada’s steel industry warned of “catastrophic” job losses, factory slowdowns and supply chain disruption after US President Donald Trump doubled tariffs on imports to 50 per cent. Trump’s latest tariff move sparked anger across the … Read more
A Costa Rica hotel owner spoke out about the tragic death of Brett Gardner’s son, Miller Gardner. “The truth of the matter is that for the many, many years that we have had tourism in Manuel Antonio, which has been decades of decades of decades, we have never had a problem such as the one that … Read more
Female college students in some Russian regions can get 100,000 rubles, or about $900 at current exchange rates, for having a baby. Read More
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