Latest in New Tariffs Raise
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UK to raise price of travel permits for EU visitors by 60%
Increase aims to reduce reliance of migration and borders system on taxpayer funding, says Home OfficeFinancial Times - Jan. 17 -
Canada sends Trump 'message' with retaliatory tariff talk
Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...The Hill - Jan. 16 -
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
UK officials raise hopes of reviving Edinburgh’s supercomputer dreams
Labour axed a similar tech project at Edinburgh university after taking power in JulyFinancial Times - Jan. 16 -
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.MarketWatch - Jan. 16 -
Newsom joins red states in raising flags for Trump inauguration
California Gov. Gavin Newsom (D) will raise American flags at the California Capitol on Monday for a limited time during President-elect Trump’s inauguration, according to his office. The decision ...The Hill - Jan. 16 -
Botika raises $8M to change fashion photography with AI-generated fashion models
Botika, a started focused on AI-generated fashion models, has raised $8 million and launched its new mobile iOS app.VentureBeat - Jan. 16 -
FTC sues Deere, alleging equipment repair 'monopoly' raises costs for farmers
The Federal Trade Commission has filed a lawsuit against agricultural equipment giant Deere & Company, alleging it holds a monopoly on repair services.CNBC - Jan. 16 -
Colossal raises $200M to “de-extinct” the woolly mammoth, thylacine and dodo
Colossal BioSciences has raised $200 million in a new round of funding to bring back extinct species like the woolly mammoth.VentureBeat - Jan. 15 -
Moderate Drinking Raises Health Risks While Offering Few Benefits
A federal analysis that will shape the influential U.S. Dietary Guidelines questions alcohol’s overall benefits.The New York Times - Jan. 15 -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - Jan. 15 -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - Jan. 14 -
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.The New York Times - Jan. 14 -
FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal
Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for AlexaFinancial Times - Jan. 14 -
Israel-Hamas ‘breakthrough’ raises hopes of Gaza ceasefire deal
Final draft of an agreement sent to both sides as mediators believe they are close to ending warFinancial Times - Jan. 13 -
Texas governor orders state's flags raised to full-staff for Trump's inauguration
Texas Gov. Greg Abbott (R) on Monday ordered the state's flags be raised to full-staff on Inauguration Day, as President-elect Trump enters his second term in the White House. The move disrupts the ...The Hill - 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 -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - Jan. 12 -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - Jan. 12 -
How Do Mothers Return to Playing Tennis and Raise a Child?
Belinda Bencic credits Grand Slam champions like Serena Williams in paving a road back to the top after childbirth.The New York Times - Jan. 11 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Biden Raises Bounty For Nicolás Maduro to $25 Million
The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.The New York Times - Jan. 10 -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - Jan. 10 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
Trump's IRS pick raises concerns about qualifications, Sen. Warren says
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.CBS News - Jan. 9 -
Trump's inaugural committee has already raised a record $170M in donations
President-elect Donald Trump has raised more than $170 million for his upcoming inauguration, a record amount as tech executives and big donors have eagerly written large checksABC News - Jan. 9 -
Infinite Reality raises $3B to increase its immersive tech portfolio
Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.VentureBeat - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.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