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US economy grows at fastest pace in two years
Natalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…
Global dealmaking hits $4.5tn in second-best year on record
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…
Court sides with Adidas in appeal over Kanye West collaboration
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
