Latest in US gold rush drives up borrowing costs for precious metal in London
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Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Steve Jobs Used the 2-Hour Rule to Come Up With Some of His Greatest Ideas. So Can You
Steve Jobs knew that constant busyness is the enemy of great ideas. Put his insight to use with the two-hour rule.Inc. - Jan. 15 -
Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
‘A lump of metal? Fascinating’: I get interviewed by the AI Michael Parkinson
Can the AI Parky ever beat the real chatshow colossus? As the Virtually Parkinson podcast launches, our writer sits in on a bizarre interview with Monty Don – then ends up in the hot seat himself. ...The Guardian - Jan. 13 -
The Traitors: Who's on a large billboard in London?
One of the most notable characters in this year's series of Traitors appears in Leicester Square.BBC News - Jan. 11 -
A Glowing Metal Ring Crashed to Earth. No One Knows Where It Came From
The 1,100-pound mystery object landed in Kenya at the end of December. Experts are still baffled.Wired - Jan. 11 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - Jan. 10 -
World’s richest use up their fair share of 2025 carbon budget in 10 days
Emissions caused by wealthiest 1% so far this year would take someone from poorest 50% three years to create. The world’s richest 1% have already used up their fair share of the global carbon ...The Guardian - Jan. 10 -
Firefighters Rushed to Control Blazes Surrounding L.A.
Also, Jimmy Carter was remembered as a humanitarian and public servant. Here’s the latest at the end of Thursday.The New York Times - Jan. 9 -
Metal Gear Solid Delta: Snake Eater Still Doesn't Have A Release Date
One of Konami's next big games is Metal Gear Solid Delta: Snake Eater , a remake of the 2004 game. With the calendar now changed over to 2025, that means 2024 came and went entirely without Konami ...GameSpot - Jan. 9 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - Jan. 9 -
The forces driving Turkey’s resurgence as a superpower
Peter Frankopan on a book that argues that Sunni Islam has reversed the declining influence of religion on Turkish societyFinancial Times - Jan. 9 -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
3 cheap ways to borrow money without using a credit card now
With credit card interest rates high, it helps to explore these alternative, cheaper ways to borrow money right now.CBS News - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
These 4 Factors Are Driving Up Worker Productivity
U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.Inc. - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Police hunt killer of boy stabbed on London bus
The boy, 14, died shortly after being stabbed on a 472 bus in Woolwich on Tuesday afternoon.BBC News - Jan. 8 -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
London has the highest birth rates among over-40s. But what’s driving the shift?
Housing costs, career focus and access to IVF has driven people to delay parenthood in the capitalFinancial Times - Jan. 8 -
Boy, 14, stabbed to death on London bus
A boy has been stabbed to death on a London bus in what police described as "a horrendous crime".BBC News - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
How the Cowboys cost Cooper Rush $250,000 by starting Trey Lance in Week 18 loss to Commanders
Lance's gain is Rush's financial lossCBS Sports - Jan. 6