Latest in A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog
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A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog
The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.Business - MarketWatch - October 24 -
Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - October 31 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
‘You tried to tell yourself I wasn’t real’: what happens when people with acute psychosis meet the voices in their heads?
In avatar therapy, a clinician gives voice to their patients’ inner demons. For some of the participants in a new trial, the results have been astounding. In the summer of 2019, when Joe was 21, he ...World - The Guardian - October 29 -
Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’
Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’Business - Financial Times - October 29 -
Starmer to pledge to ‘embrace fiscal reality’ in the Budget
UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’Business - Financial Times - October 27 -
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Middle East crisis live: Iran ‘not seeking war’, president says; protesters disrupt speech by Netanyahu
One killed and at least 29 injured after truck hits bus stop in Israel; protesters shout ‘shame on you’ as Israeli PM speaks at memorial ceremony for victims of Hamas attack. See all our Middle ...World - The Guardian - October 27 -
U.S. Says North Korean Troops Heading to Russia's Kursk Region
The Biden administration believes that some North Korean troops are on their way to the Kursk region to help Russia fend off Ukrainian forces who mounted an offensive there in August, according to ...World - The Wall Street Journal - October 25 -
The U.S. election need not be scary. History shows this is the way to trade it, says Citi.
The S&P 500 looks well set for the rest of 2024, but there’s also a way to gain from short-term volatilityBusiness - MarketWatch - November 1 -
NASA Says Astronaut Suni Williams Is in ‘Incredible Health’
The agency’s top medical official was responding to rumors that Suni Williams had lost an unusual amount of weight during an extended stay in orbit.Health - The New York Times - November 14 -
RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says
Robert F. Kennedy Jr. would create “significantly more volatility” in health markets if he is confirmed as Secretary of Health and Human Services, making navigating policy risks far more ...Business - MarketWatch - 6 days ago -
Head of UN's nuclear watchdog visits Iran as Trump's return raise worries
The head of the International Atomic Energy Agency is warning that the “space for negotiation and diplomacyWorld - ABC News - November 14 -
Middle East crisis live: Aid entering Gaza is lowest in months, says Unrwa, as US deadline approaches
US had warned Israel a month ago that it had just 30 days to address humanitarian crisis. Images sent over the news wires show smoke billowing over Beirut after Israeli strikes on the southern ...World - The Guardian - November 12 -
Britain’s 'mini-budget' disaster should serve as a warning to the U.S., bond strategists say
Fears are mounting that the U.S. could soon experience its own version of Britain's "mini-budget" crisis.Business - CNBC - 8 hours ago -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
Boy restrained unnecessarily at special school, watchdog says
The mother of the boy says she feels vindicated by a watchdog's report into the case.Top stories - BBC News - October 22 -
Watchdog says cladding removal deadline may be missed
It says up to 60% of buildings with dangerous cladding have still not been identified.Top stories - BBC News - November 4 -
U.S. stocks staged an epic rally after Trump won the election. What history says could happen before year-end.
Historically, stocks have tended to rise in the postelection period — and market analysts say they still have the potential to keep climbing through the rest of the year.Business - MarketWatch - November 7 -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - October 23 -
Biden says Elon Musk was an 'illegal worker' when he began U.S. career
Elon Musk has become a regular campaign surrogate for Donald Trump in the presidential race against Vice President Kamala Harris.Business - CNBC - October 28 -
Five ways a Trump presidency would be disastrous for the climate
Second Trump term would restore climate denialism to an Oval Office efficiently dismantling protections”. The climate crisis may appear peripheral in the US presidential election but a victory for ...World - The Guardian - October 28 -
What will happen to Trump’s criminal cases if he wins?
Historic indictments against the former president will be derailed — or disappear entirely — if he returns to the White HouseBusiness - Financial Times - November 4 -
Tesla is likely to thrive in a Trump administration. These are the ways these analysts see it happening.
Analysts at Deutsche Bank set out to explain how exactly they see Tesla benefiting from a Trump administration, given the close association of Chief Executive Elon Musk and Trump, Vice ...Business - MarketWatch - November 12 -
What happens when a credit card charge-off is sold to a debt collector?
Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.Top stories - CBS News - November 6 -
When Will Democrats Learn to Say No?
Why supermajority thinking is urgently needed on the left.Top stories - The New York Times - 5 days ago -
OpenAI CEO Sam Altman says new AI model is taking a while because 'we can't ship' as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company's next probable large AI model, likely won't come this year.Business - CNBC - October 31 -
UK needs big emissions cut, climate watchdog says
The government's advisers say faster action is needed but the UK has the tools to achieve this.Top stories - BBC News - October 26 -
Scammers called the IRS and stole $47 million in refunds, watchdog says
Phony tax professionals made a real score when they called IRS phone lines to access sensitive taxpayer information, filed fraudulent tax returns and walked away with tens of millions of dollars in ...Business - MarketWatch - October 26 -
Price and 5G promises needed for Vodafone-Three merger, says regulator
It wants commitments on prices and 5G if the creation of the UK's biggest mobile network is to go ahead.Top stories - BBC News - November 5 -
UK Treasury breached legal duty by failing to reveal overspend, says watchdog
OBR chair says relationship with finance ministry moving to ‘system of trust but verify’Business - Financial Times - November 5
