Uk Mortgage Costs Rise to Highest Proportion of Income Since Financial Crisis
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The cost of living crisis has made the UK a poorer, more anxious nation – and worse is yet to come | Andy Beckett
Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless . Under capitalism, prices are supposed to be the centre of everything. They are the key agreement between buyer and ...The Guardian - World - United Kingdom -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
"Little Miss Flint" Mari Copeny reflects on tackling water crisis since 8 years old
Mari Copeny, widely known as "Little Miss Flint," brought national attention to the Flint water crisis when she met then-President Barack Obama in 2016 at just 8 years old. She tells CBS News about her continued fight for clean drinking water in ...CBS News - Top stories -
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
With revenues having more than doubled since 2019, to $10bn, US pharma group targets painkillersFinancial Times - World -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics -
How to Raise Housing Costs
California shows the way.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Gain insight on SPDR Gold, Banco Bilbao Vizcaya Argentaria, Deutsche Bank, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Here's how much income it takes to be considered rich in your state
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.CBS News - Top stories -
Inside the Crisis at NPR
Listeners are tuning out. Sponsorship revenue has dipped. A diversity push has generated internal turmoil. Can America’s public radio network turn things around?The New York Times - Business -
The hidden costs of unpaid caregiving in America
An estimated 53 million Americans are unpaid caregivers, many as part of the "sandwich generation" — simultaneously raising children and caring for aging parents.CBS News - Top stories -
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.The Wall Street Journal - World - China -
Third witness puts Trump's financial web in spotlight
A banker's testimony allows the court to take a deep dive into the $130,000 payment made to Stormy Daniels.BBC News - Top stories - Donald Trump -
BlackRock wants to make it easier to get paycheck-like income from your retirement savings
One of Americans' biggest retirement fears is running out of money. BlackRock hopes a new way to take paycheck-like withdrawals from investments may help.CNBC - Business -
South Korean police raid office of incoming head of doctors' group over protracted strikes
South Korean police have searched the office of the hard-line incoming leader of a doctors association and confiscated his mobile phoneABC News - World - South Korea -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
England has highest rates of child alcohol consumption, WHO finds
Global health experts call for curbs on online marketing to protect teens from marketing of ‘harmful products’Financial Times - World -
U.S. trade deficit in goods widens in March to highest level in almost a year
The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.MarketWatch - Business -
Harvey Weinstein 2020 rape conviction overturned by New York's highest court
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.CBS News - Entertainment -
New York's highest court overturns Harvey Weinstein verdict
The New York State Court of Appeals ruled Thursday that disgraced former media mogul Harvey Weinstein did not receive a fair trial in a 2020 case in which he was found guilty of sexually assaulting two women. In a 4-3 decision, the appeals court ...CBS News - Top stories - New York -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.The New York Times - Business -
How much do hearing aids cost?
Wondering how much hearing aids tend to cost? Here's everything you need to know.CBS News - Top stories -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
In-home caregivers face financial distress despite state program
Sabrina Bishop, a live-in caregiver for an older man with advanced dementia, is just one of the many people in her profession facing financial challenges.CBS News - Top stories -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - World -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Crisis at Pearl Harbor I Sunday on 60 Minutes
Jet fuel from a Navy facility leaked into the water system, contaminating the drinking water for thousands of military families. Families say they are dealing with ongoing health issues and are suing the government. Sunday.CBS News - Top stories -
The misguided laws contributing to America’s rural health crisis
CON laws deter new hospitals from forming and, by doing so, exacerbate the rural health care crisis.The Hill - Politics