Reeves welcomes IMF's improved UK economic forecast
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World - Financial Times
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital6 days ago - Donald Trump -
Top stories - BBC News
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.6 days ago -
World - The New York Times
Flying Into Storms Improves Forecasts, but It Is Rare in Asia’s Typhoon Alley
While observational flights have improved forecasts for many storms in the Americas, such flights have been far fewer for storms that have hit Asia.6 days ago -
World - The Guardian
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...6 days ago - United Kingdom -
World - Financial Times
Reeves’s invidious choices in the Budget
As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility6 days ago -
Business - Financial Times
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich6 days ago - United Kingdom -
Top stories - NBC News
A traditional Mexican family restaurant, and a welcoming LGBTQ hub
Café Ollín in New York's Harlem neighborhood has become a social media and community presence after a family member took the small restaurant in a new direction.October 15 -
Top stories - CBS News
Trump promises tariffs to help pay for economic plans
Former President Donald Trump addressed the Economic Club of Chicago and doubled down on applying tariffs to help pay for the costs of his proposed economic plan. Trump affirmed tariffs will keep ...October 15 - Donald Trump -
Business - MarketWatch
U.S. unemployment rate to stay low in 2025, top forecaster says
U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.October 15 -
Business - Financial Times
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedOctober 15 -
Business - The Wall Street Journal
ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.October 15 -
Business - Financial Times
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliativesOctober 15 - China -
Business - MarketWatch
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.October 15 -
Business - Financial Times
Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyOctober 15 -
Business - Financial Times
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decadeOctober 15 -
Business - Financial Times
UK to raise bank ringfencing threshold to ‘improve competitiveness’
Wider package of reforms expected ‘as soon as parliamentary time allows’, says ministerOctober 15 - United Kingdom -
World - Financial Times
Rachel Reeves should not appease bond market vigilantes
In preparing her inaugural Budget, she would do well to ignore advice from market sagesOctober 15 -
World - The Wall Street Journal
Nobel for Economics Awarded to Authors of 'Why Nations Fail' and an Ex-IMF Figure
The prize was given to Daron Acemoglu, Simon Johnson and James Robinson for work that advanced the understanding of differences in prosperity between countries.October 14 -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
Business - Inc.
Harris Targets Black Men With New Economic Proposals
The Democratic candidate suggests small business loans and improved access to the legal cannabis industry for Black entrepreneurs.October 14 -
Top stories - BBC News
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.October 14 -
World - The Guardian
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...October 14 - United Kingdom -
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Business - Financial Times
Reeves signals business taxes will rise in Budget
Chancellor says companies understand government must make ‘difficult decisions’ to balance booksOctober 14 -
Politics - The Hill
A Russian economic meltdown is coming next year
As the Russian economy tanks, immiseration and social discontent grow, and money dries up, Putin won’t have the resources to fuel his war machine.October 14 - Russia -
World - ABC News
Nobel economics prize is awarded for research into why countries succeed or fail
The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...October 14 -
Tech - VentureBeat
Lidwave raises $10M to improve machine vision with on-chip 4D LiDAR
Lidwave has raised $10 million to make machine vision better when it comes to spotting pedestrians in a busy landscape.October 14 -
Top stories - BBC News
Parts of UK forecast to see temperatures jump to 20C this week
Parts of the country could see a 10C bump in temperatures in the short period of fine weather.October 14 - United Kingdom -
Top stories - NBC News
Nobel economics prize goes to global inequality researchers
Three U.S.-based academics won the 2024 Nobel economics prize for their research into why global inequality persists.October 14 -
Top stories - CBS News
MIT professors share Nobel Prize in economics
The Nobel Prize in economics was awarded to three Americans Monday. Two of them are MIT professors.October 14 -
Politics - The Hill
Harris expands economic plans with focus on Black men
Vice President Harris on Monday released an opportunity agenda for Black men, focusing on helping business owners, teachers, cryptocurrency investors, men with health conditions, and men in the ...October 14 -
Top stories - NBC News
Young men's economic prospects are shifting, along with their politics
For David Tasker, an 18-year-old construction worker in Pennsylvania, his top financial priorities are having enough money for gas, dining out and spending on his girlfriend while living at home ...October 13