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Mark Zuckerberg gifted noise-canceling headphones to his Palo Alto neighbors because of the non-stop construction around his 11 homes | Fortune

Billionaire Mark Zuckerberg has been rankling his neighbors in Palo Alto as he works on expanding and modifying the 11 homes that he has purchased in the area. To smooth over tensions, The New York Times says Zuckerberg gifted...

Meet the millionaires living the ‘underconsumption’ life: They drive secondhand cars, batch cook, and never buy new clothes | Fortune

Despite having billions to their name, some of the wealthiest people on the planet don’t splurge on the material items that others shoppers might be tempted by.Berkshire Hathaway CEO Warren Buffett, for example, is famous for driving a...

Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says | Fortune

When people think of the European Middle Ages, it often brings to mind grinding poverty, superstition and darkness. But the reality of the 1,000-year period from 500 to 1500 was much more complex. This is especially true when considering...

The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over. ‘I think he’s done with...

After enduring a string of attacks on the Federal Reserve, Jerome Powell may now feel confident that the central bank is in good enough hands to step away completely when a new chair takes over.Earlier this month, the Fed...

City of London churches offer sublime music in a divine setting

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Last Christmas, the queue to enter the City of London’s oldest surviving parish church for a concert of medieval carols was...

Nvidia to poach top staff from AI chip start-up Groq in licensing deal

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia is scooping up the founder and other top talent from Groq, one of the most prominent start-ups aiming to challenge...

53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days | Fortune

After a half-century immersed in the world of trade, customs broker Amy Magnus thought she’d seen it all, navigating mountains of regulations and all sorts of logistical hurdles to import everything from lumber and bananas to circus animals and...

Medicaid paid over $200 million to dead people in 2021 and 2022, federal watchdog says | Fortune

Medicaid programs made more than $200 million in improper payments to health care providers between 2021 and 2022 for people who had already died, according to a new report from the independent watchdog for the Department of Health and Human...

Tesla faces NHTSA probe over Model 3 emergency door handles | Fortune

Tesla Inc.’s door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles.The National Highway Traffic Safety Administration said it’s evaluating claims that the...

Millionaire tax plans spread as Washington state eyes new levy | Fortune

When Washington Governor Bob Ferguson proposed the state’s first income tax in modern history, he said the word “affordability” five times. Ferguson on Tuesday asked the legislature to craft a 9.9% tax on personal income over $1 million, which would...
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Pritam Singh: Singapore’s leader of opposition stripped of title after lying conviction

Tessa WongAsia Digital Reporter, SingaporeGetty ImagesSingapore's Leader of the Opposition in parliament, Pritam Singh, has been stripped of his...
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