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Jeremy Hunt targets further 2p cut in national insurance
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How much will the 2p National Insurance cut save me?
A further 2p cut in National Insurance for 27 million workers has come into effect.BBC News - Top stories -
FirstFT: Police storm Columbia University campus and remove pro-Palestinian protesters
Also in today’s newsletter, Fed decision day and Berkshire after BuffettFinancial Times - World -
Fed holds off on rate cuts after 'lack of further progress' on inflation
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year. Interest rates will remain at a range of 5.25 to 5.5 ...The Hill - Politics - Federal Reserve -
Starbucks gets a price target cut after a brutal quarterly miss and light guidance
Starbucks is dealing with too many headwinds right now. This is a decline we do not have plans of immediately buying.CNBC - Business -
Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
Ajit Jain, 72, leads the insurance arm that underpins the conglomerate but presents his own succession challengeFinancial Times - Business -
Insurer to Make $350 Million Payout in Baltimore Bridge Collapse
The check from Chubb would be the first large payout in what will likely be a yearslong wrangle over who bears the $1 billion-plus estimated cost of the bridge’s collapse.The Wall Street Journal - World -
Junior doctors in NI to stage further walkouts
Two 48-hour walk outs will take place later this month after talks broke down.BBC News - Top stories -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.Wired - Tech
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