Labour Accused of Exaggerating Tax Benefits of Hunt S Pension Reform
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Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
Frank Field saw benefit in the Lib Dems. In this election year, Labour would be wise to do the same | Martin Kettle
The late elder statesman understood the need for a progressive realignment of British politics. That prize shouldn’t be lost. David Marquand and Frank Field, both of whom died this week, never sat on the Labour benches together. The professor of ...The Guardian - World -
The Hunt for a Retirement Keepsake
On a family trip to Switzerland, Joseph Barreto fell in love with an Omega Constellation.The New York Times - Lifestyle -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - World -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - Business -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
An optimist’s guide to the next Labour government
Political stability, catch-up growth and better luck would make 2024 a good election to winFinancial Times - Business -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
Labour pledges to fully renationalise rail network
Opposition says it will roll out reforms within first term if it wins UK general electionFinancial Times - Business -
The Papers: Labour 'vow to nationalise rail' and school stabbing
Labour's election promise on the train network and a "horrific" Wales stabbing feature in the papers.BBC News - Top stories -
Will Labour’s renationalisation plan make train tickets cheaper?
What impact will Labour's pledge to nationalise the railways have?BBC News - Top stories -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - World - Tiktok -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - Tech - Tiktok -
Ozempic and Wegovy Have Health Benefits Beyond Weight Loss
The effects of semaglutide drugs won’t just be cosmeticThe New York Times - Top stories -
German and Spanish ministers among those to demand rich pay more tax
Yahoo News - World - Germany -
Nvidia stands to benefit as Meta spurs an even greater AI spending spree
Nvidia is among a number of companies expected to benefit from Meta’s loftier capital-expense budget.MarketWatch - Business -
Labour promises rail nationalisation within five years of coming to power
Party pledges to bring all passenger rail – but not rolling stock – into public ownership as contracts with train operators expire. Labour will fully nationalise the train network within five years of coming to power, with a pledge to guarantee ...The Guardian - World -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - Business -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - World -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - Business -
Billie Eilish, Green Day and other artists back bill that would reform live-event ticketing system
Billie Eilish, Green Day and Dave Matthews are among the 250 artists who signed a letter urging the Senate Commerce Committee to support the Fans First Act.NBC News - Top stories -
'Europe could die,' France's Macron says as he calls for stronger defense and economic reform
President Emmanuel Macron appealed for stronger, more integrated European defenses and said the continent must not become a vassal of the United States.NBC News - Top stories -
Champions League 2024-25: Who has qualified, who is at risk of missing out and what to know
Some UCL regulars are in danger across England, Spain, Italy, Germany and FranceCBS Sports - Sports -
Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors
Using a different index to measure Social Security’s cost-of-living adjustment could better reflect senior spendingMarketWatch - Business -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund ...The Guardian - World -
That sinking feeling: why long-suffering Venice is quite right to make tourists pay | Simon Jenkins
The overcrowded city is leading the way with a tax on day trippers. Surely other great European destinations should follow suit. Venice has had enough. It is sinking beneath the twin assaults of tourism and the sea and believes the answer lies in ...The Guardian - World -
Judge accused of bullying and misogyny
Five women have told the BBC about Judge Philip Lancaster's behaviour at employment tribunal hearings.BBC News - Top stories -
Level 5's New Mech RPG Combat Game Could Scratch Your Gundam Itch
Developer Level 5 has just dropped its new mech RPG game, Megaton Musashi W: Wired. It's available for PC, PlayStation 4, PlayStation 5, and Nintendo Switch.. The game was first released in Japan for consoles in November 2021 and has now made its ...GameSpot - Tech -
Red Bull stunned by shock news F1’s top designer Adrian Newey is to leave
Newey believed to be unhappy with events this seasonNews deals blow to Red Bull hopes of keeping VerstappenRed Bull’s chief technical officer, Adrian Newey, is expected to leave the team, it has been reported. Newey is the most successful designer ...The Guardian - World -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business