Latest in FirstFT: US consumers continue to spend, spend, spend

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FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push
World - Financial Times - October 22
FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?
World - Financial Times - 2 days ago
FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results
World - Financial Times - Yesterday
American consumers are increasingly underwater on their car loans

Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.
Business - CNBC - October 15
American consumers are increasingly underwater on their car loans

DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.
Top stories - NBC News - October 15

FirstFT: HSBC overhaul to divide businesses along east-west lines