Sir Keir Starmer vows to crackdown on profiteering from fuel crisis

DoorDash has agreed to pay a $131.5m (£99m) settlement to New York City regulators after the food delivery giant admitted failing to compensate thousands of workers correctly or on time. “Simply put, we screwed up,” DoorDash said. “Our mistakes meant some Dashers were underpaid or paid late.” The agreement with the Department of Consumer and…

The 16 host cities across the US, Canada and Mexico have been welcoming an influx of fans and tourists boosting hospitality, hotels and local businesses. But while the Scots drank Boston dry and have won the heart of the city and its people, experts say the long-term economic benefits are minimal. Fifa estimated some $41bn…

Organisers of a Christmas toy appeal are urging people to donate to the project if they are able to, so they can give gifts to thousands of children living in extreme hardship in north and east London. The Hackney Local Buyers Club is running its 12th annual appeal, but fear donations will drop due to…

Despite the Iran war, rising inflation and worries about rising government debt, US stock markets continue to hit all-time highs this year. That’s largely driven by the huge boom in investment in Artificial Intelligence. The apparent mismatch between sky high stock market valuations and the real economy is beginning to set off some alarm bells…

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…