Latest in U.K. Firms Face Increased Financial Distress, Study Says
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Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - Jan. 9 -
Heinrich objects to quick hearing for Trump energy nominee, saying Dems haven’t received financial disclosure
The top Democrat on the Senate’s Energy and Natural Resources Committee is objecting to the timing of a hearing for Trump’s Energy Secretary pick Chris Wright — saying Republicans are moving ahead ...The Hill - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
How one U.K. man helps people cope with homelessness
Verral Paul-Walcott isn't part of any charity, but during the COVID lockdown in the U.K., he saw a problem and mobilized a group of people to help. He told CBS News' Leah Mishkin how he built a ...CBS News - Jan. 9 -
Inside a U.K. couple's "secondhand wedding"
Tying the knot can be pricey, with the average cost of a wedding estimated at about $35,000. But CBS News' Leah Mishkin met a British couple who've proven you don't have to break the bank to have ...CBS News - Jan. 9 -
CoinZoom: Revolutionizing the Financial Industry through Blockchain Technology
The US-based global fintech and payments company is working to enable financial freedom for millions worldwide. Having built a secure, accessible platform for businesses and consumers to utilize ...CBS News - Jan. 9 -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - Jan. 9 -
What Is the U.K. ‘Grooming Gang’ Scandal Seized On by Elon Musk?
The billionaire tech mogul has been posting on his social media platform about a decade-old child sex abuse scandal in Britain. Here’s what to know.The New York Times - Jan. 8 -
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U.K. Special Forces Allowed to ‘Get Away with Murder’ in Afghanistan, Inquiry Told
Evidence released by an official inquiry into alleged war crimes painted a disturbing picture of an elite fighting force with a culture of impunity.The New York Times - Jan. 8 -
Aviation industry faces a slew of challenges insiders say will take years to resolve
The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue in 2025.CNBC - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Financial Services Roundup: Market Talk
Find insight on the hottest housing market in 2025, Banco BPM, Partners Group, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
How to achieve your financial goals in 2025
CBS News business analyst Jill Schlesinger shares tips for saving, paying down debt and more in 2025 to help you achieve your financial goals.CBS News - Jan. 7 -
U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital ...The Wall Street Journal - Jan. 7 -
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Only 1 in 4 young adults received financial education at school, study shows
Poor access to money management is pushing students towards ‘unreliable’ online resources, says Santander UK chairFinancial Times - Jan. 7 -
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The Vivienne, star of 'RuPaul's Drag Race U.K.,' dies at 32
British reality show "RuPaul’s Drag Race UK" winner James Lee Williams, aged 32, popularly known as The Vivienne, has died, publicist Simon Jones said on Sunday.NBC News - Jan. 6 -
U.K. Prime Minister Keir Starmer hits back at Elon Musk
Britain's Prime Minister Keir Starmer hit back at Elon Musk on Monday after the world's richest man repeatedly lobbed a host of inflammatory allegations at the country's leader over the past week.CBS News - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kidsFinancial Times - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
In Reversal, Musk Trashes Farage, U.K.’s Anti-Immigrant Populist
Elon Musk, the billionaire backer of Donald J. Trump, had been promoting Nigel Farage. But on Sunday Mr. Musk said Mr. Farage “doesn’t have what it takes.”The New York Times - Jan. 5 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
‘A perfect storm’: Extremism online and political polarization are increasing risk of attacks, experts say
The New Orleans attack underscores how extremism online and political division have created a “perfect storm” for radicalization in America, experts say.NBC News - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
'Unprecedented': The most punctual global airline last year was 'absolutely' a surprise, analytics firm CEO says
Aeromexico, Saudia and Delta Air Lines were the most on-time global airlines in 2024, according to a report by aviation company Cirium.CNBC - Jan. 3 -
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U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.CBS News - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged. Britain needs to press ahead with a ban on the sale of new hybrid cars with no ...The Guardian - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2
