30-06-2026 11:36 via ft.com

FirstFT: The great wealth transfer 

Also in today’s newsletter: corporate AI users’ staff hires and China’s ‘ghost cities’
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Economy news



World Bank to phase out China lending
Egg producers settle US claims they manipulated benchmark prices
US labour demand remained firm in May
£1.6 billion in savings left unclaimed – are you among the hundreds of thousands unknowingly missing out?
£1.6 billion in savings left unclaimed – are you among the hundreds of thousands unknowingly missing out?
Japan sets highest rate in 31 years: what now for investors?
Japan sets highest rate in 31 years: what now for investors?
EU to increase steel tariffs on trading partners
Homes harder to sell as high mortgage rates frustrate buyers
Homes harder to sell as high mortgage rates frustrate buyers
EU and China buy time to avoid trade fight as Brussels demands deficit cuts
FirstFT: How Elliott spawned a new army of activists 
Analysts’ Views: hawkish Warsh fails to spur Fed rate rise predictions
A different type of G7 central bank divergence
‘Tooth fairy’ payout nears £5 as UK childhood finances overtake inflation
FirstFT: Supermicro’s Taiwan offices raided in chip smuggling investigation
Maersk raises profit guidance as new US tariffs fuel demand
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