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Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - 21 minutes ago -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - 5 days ago -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - 5 days ago -
The ultimate guide to negotiating a higher salary
CNBC Make It's online course will help you ask for a raise in your current job or negotiate a bigger paycheck in a new one.Business - CNBC - October 15 -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - 2 days ago -
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China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
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Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - 6 days ago -
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be longWorld - Financial Times - 7 hours ago -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - 8 hours ago -
The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara
Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.Top stories - BBC News - October 15 -
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.Business - MarketWatch - October 18 -
'Eating disorders are higher in the LGBT community - few talk about it'
Netflix hit Heartstopper is raising awareness of a crucial challenge the LGBT community faces.Top stories - BBC News - October 20 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
The IRS unveils higher capital gains tax brackets for 2025
The IRS has unveiled higher long-term capital gains brackets for 2025. Here's what investors need to know.Business - CNBC - October 22 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - 6 days ago -
Polar bears face higher risk of disease in a warming Arctic
Climate change and sea ice loss leaves polar bears exposed to more diseases, research suggests.Top stories - BBC News - October 23 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - 6 days ago -
Here's how to leverage higher income limits for the 0% capital gains bracket
Bigger earnings limits are coming for the 0% capital gains brackets in 2025. That could offer tax planning opportunities, financial experts say.Business - CNBC - 5 days ago -
Oil prices finish higher for the week as Middle East worries linger
Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.Business - MarketWatch - 5 days ago -
Phil Lesh Didn’t Hold Songs Down. He Lifted Them Higher.
The Grateful Dead bassist found new melodic byways through every song.Top stories - The New York Times - 4 days ago -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - Yesterday -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - 7 hours ago -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - 13 hours ago -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - 8 hours ago -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - 8 hours ago -
Airbus, With Eye on U.S. Race, Says It Will Be Ready for Higher Tariffs
The giant European airplane maker’s chief executive said it would pass along any higher charges to its customers.Business - The New York Times - 55 minutes ago -
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...Politics - The Hill - October 14 -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry
Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.Business - CNBC - October 16 -
FBI arrests Alabama man for SEC X hack that spiked price of bitcoin
Eric Council Jr. is accused of conspiracy in the hack of the Securities and Exchange Commission X account that tweeted a false claim about bitcoin.Business - CNBC - October 17 -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
Xbox Cloud Gaming Is Planning For Direct-To-Cloud Controllers And Higher-Quality Streams - Report
Microsoft launched Xbox Cloud Gaming in 2020 with great fanfare, but the company's stated goal to push cloud gaming even further has run into some technological setbacks as well as ongoing ...Tech - GameSpot - October 18