Written by Nick Ackerman, co-produced by Stanford Chemist Looking for high-yield opportunities can be a focus for many income-hungry investors in the closed-end fund space. However, just trying to buy whatever the highest-yielding investment out there is often not a great strategy. It can end up costing investors more in…

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.Nvidia’s rivals are mobilising in an effort to break the company’s stranglehold on the AI chip market, raising hundreds of millions of dollars and rolling out new products as they look to…

Former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. have both been added to Donald Trump’s transition team. Both endorsed Trump in recent days. “As President Trump’s broad coalition of supporters and endorsers expands across partisan lines, we are proud that Robert F. Kennedy Jr. and Tulsi Gabbard have…

You’ve recently retired, and you go to the doctor, and get the news. “Jim, there’s now a safe surgical procedure for your terminal medical condition. All things considered, you now have a long life to live!” This sounds like great news, right? It might be an unwelcomed prognosis if you…

The housing affordability crisis is hitting swing states hard. These battleground states, which could potentially be won by either candidate, are especially focused on the issue of affordability in the upcoming election. About nine in 10 adult Gen Zers reported housing affordability is important when deciding who to vote for,…

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices.There’s been “modest growth” in the dinner sausage category for one producer, according to the Dallas Federal Reserve’s Texas Manufacturing Outlook Survey released Monday. This underscores the trends of…

Here are the stocks making notable moves on Monday: PDD Holdings — Shares of the Temu parent company plunged nearly 30% on disappointing second-quarter results. The China-based online retailer posted revenue of 97.06 billion yuan, or $13.6 billion, versus consensus estimates of 100.17 billion yuan, according to analysts polled by…

Apple has announced the date of its next major event, where the iPhone 16 is expected to launch. On Monday, September 9 the tech giant is hosting a special event with the tag line “It’s Glowtime.” The event will take place at 10 am PT at the Steve Jobs Theater…

Synopsis Toll Brothers (NYSE:TOL) designs, constructs, and markets luxury residential homes. TOL is well positioned to capitalize on the strong housing demand that is driven mainly by an undersupply of housing and a favourable demographic. Its strategic initiatives to focus on spec homes enable it to meet the demand of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ExxonMobil has said global oil demand will remain virtually unchanged by 2050 and warned that any move to curtail investment in fossil fuels would trigger a new energy price shock. In a…