Early retirees: should they get on their bikes?
Although for decades he was greeted by cries of “on your bike” wherever he went, Norman Tebbit never told anyone to get on a bike, said John Elledge in The …
BUSINESS
Retail titans are going on a canny shopping spree
S ome fascinating rustling in the retail undergrowth this week. While Mike Ashley’s Frasers continues to build its stake in online fast fashion retailer Boohoo — now above 10% — …
We Used A.I. to Write Essays for Harvard, Yale and Princeton. Here’s How It Went.
A.I. chatbots can do a passable job of generating short essays. Whether their use on college applications is ethical is the subject of fierce debate. By Natasha Singer Natasha Singer …
Interest rates: more ‘trauma’ for households
“If it isn’t hurting it isn’t working.” That was the message from then-chancellor John Major in 1989 during a previous period when interest rate rises were used to tackle high inflation, said Larry …
Cerelia to sell Jus-Rol after appeal to allow pastry merger blocked in court
A pastry manufacturer will be forced to sell off a rival business after an appeal to allow the merger was blocked by a judge, the UK’s competition watchdog has said. …
Disney Changes Gears in Suits Against DeSantis and Allies
After a setback, Disney has changed its legal strategy in Florida, where the company is battling Gov. Ron DeSantis and his allies in court for control over Disney World’s growth …
Inflation vs. deflation: which is worse for national economies?
As sky-high inflation may finally be coming down for many major economies, falling prices and lacklustre growth in China are stoking fears of a deflationary spiral. In the UK, economists polled …
FTSE ends week on a high as oil and mining companies gain
T he FTSE 100 got back into winning territory on Friday as London’s natural resources sector helped it end the week on a high. By the end of the day, …
Mohamed al-Fayed, Tycoon Whose Son Died With Diana, Is Dead at 94
In 1979, the Fayed brothers bought the fading Ritz Hotel in Paris for under $30 million and, with a 10-year, $250 million renovation, turned it into one of the world’s …
Car running costs and when you may need a new one
From insurance to car tax, regular MOTs to servicing, owning a vehicle can be expensive. The cost of a car can be “higher than you think”, said Transport for London …