Economy

Bill Ackman wants a little Berkshire of his own. Piper Sandler says there's a 'secret sauce'

Piper Sandler believes Ackman's ambition will depend largely on his ability to keep insurance risk low while letting investment returns do the heavy lifting.

Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock

Some countries have imposed price caps and released oil stockpiles to maintain energy supplies, while others are trying to reduce consumption.

Nicola Jennings on Trump’s Iran war strategy

As oil hovers around $100 a barrel the president downplays the rise in fuel costs and insists higher prices will benefit the US

Florida’s Real Estate ‘Gold Rush’ Draws the Super-Rich as Rising Costs Push Others Out

The luxury property surge fuels growth in Miami, but a poll finds many residents weighing an exit over housing and living costs

Nigeria’s online content creator market has boomed. Can the skit-makers and streamers make it pay?

As platforms make less from advertising, creators are struggling to monetise work – leading to calls for more government investment and tax breaks

Initiative may be slipping away from US and Israel as Middle East crisis deepens

There is little sign of imminent regime change in Iran as its blockade of strait of Hormuz shocks global economy