Fed official warns against calling time on rate-rising cycle too soon
US central bank must not claim victory over inflation prematurely, says San Francisco Fed presidentCentral banks
Accounting firms hit with record US fines over audit failures
PCAOB imposes total penalties nearing $12mn against PwC, Deloitte, KPMG and others Financial & markets regulation
Your wellbeing plans don’t work
Why it may be time to ditch the apps and meditation zones — plus the Office Therapy advice columnWork-life balance
Meta challenges EU’s landmark digital rules
Company argues that Facebook’s Messenger and Marketplace should not be designated as ‘core’ servicesSocial Media
US and China agree to boost green energy in climate action ‘gesture’
Co-operation viewed as positive sign ahead of COP28 despite lack of commitment on phaseout of fossil fuelsRenewable energy
Manchester City: club’s finances look better in black than red
Europe’s top football clubs can turn a profit if they put their minds to itTravel & leisure industry
Microsoft launches AI chips as developers seek Nvidia alternatives
New processors designed for OpenAI’s GPT models will be deployed in its Azure data centres next yearArtificial intelligence
SoftBank accused of ‘destroying’ social media app to protect reputation
Founders of Gen Z app IRL allege Japanese group spread damaging lies about companySocial Media
Manulife to buy CQS in end of an era for Michael Hintze
The Tory donor will step back from his firm as the Canadian money manager bulks up in private creditMergers & Acquisitions
Mazars to merge with Forvis in US
Accountancy firms to join up in America in latest sign of industry consolidation Mergers & Acquisitions