Business

If you are someone who likes to plan ahead on your taxes, the IRS this week released the new inflation-adjusted income tax brackets and standard deduction amounts that will be in effect for tax year 2024. Translation: These are the numbers that will be relevant to the tax return most…

The US’s top diplomat has said “far too many Palestinians” are being killed in Israel’s war against Hamas and more should be done to protect civilians, heightening international pressure on Israel over the death toll in Gaza.US secretary of state Antony Blinken was speaking amid reports of Israeli strikes on…

Britain’s High Court ruled Friday that the Duke of Sussex’s court case against the publisher of the Daily Mail newspaper over alleged unlawful information gathering can continue. Associated Newspapers Limited, which also publishes The Mail on Sunday and the MailOnline, had attempted to have the case dismissed without trial at…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ukraine has warned that political squabbling between EU capitals on a fresh financial package for Kyiv is putting the country’s “macro-financial stability” at risk, compounding concerns over future funding from the US.Brussels…

Federal Reserve Chair Jerome Powell is leaving the door open for additional interest rate hikes to defeat inflation, he said Thursday in prepared remarks. “We know that ongoing progress toward our 2% goal is not assured: Inflation has given us a few head fakes,” Powell said ahead of a conference…

Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.Australia is offering residents of the Pacific island nation of Tuvalu a chance to migrate to escape climate change as part of a landmark treaty with one of the countries most affected…

OpenAI said recent outages of its viral ChatGPT chatbot could be caused by targeted attacks on its servers. The company wrote on its website Wednesday evening it is “dealing with periodic outages due to an abnormal traffic pattern reflective of a DDoS attack.” A DDoS attack, or distributed denial of…

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