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A major shake-up of the way alcohol is taxed could leave many drinks costing more from Tuesday.
Under what the Treasury says are new "common-sense" principles, tax is being levied according to a drink's strength.
Duty will increase overall, with most wines and spirits seeing rises, but will fall on lower-alcohol drinks... | Inflation |
Rishi Sunak has been confronted by a junior doctor over the NHS staffing crisis, who told him: "That's your fault."
The Prime Minister was hauled over the coals by A&E registrar Olivia in an LBC phone-in when he sought to blame strike action for spiralling NHS waiting lists.
Olivia, from Newcastle, who said she has bee... | Workforce / Labor |
Labour has ruled out offering universal free childcare for children over nine months old but is considering a means-tested offer, sources have told the Guardian, as the party strives to prove its fiscal credibility.
Bridget Phillipson, the shadow education secretary, told the Sunday Times earlier this year that Labour ... | United Kingdom Business & Economics |
US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the most sweeping overhauls of how lenders are regulated since the 2008 financial crisis.
Banks affected by the changes will see an aggregate 16% increase in their capit... | Banking & Finance |
(Bloomberg) -- A decade ago, Paul Singer did battle with the government of Argentina — and won. Next week, the notoriously pugnacious hedge fund boss is taking on a bastion of the City of London, the 146-year-old London Metal Exchange.
Most Read from Bloomberg
For Singer, the case is personal, say several people famili... | Stocks Trading & Speculation |
It was the news that spread around nurseries and parents quicker than an outbreak of chicken pox. When Jeremy Hunt announced his £4 billion childcare expansion policy, it seemed like cause for celebration for campaigners and cash-strapped parents alike. But almost immediately there was anger from nurseries about what t... | Consumer & Retail |
Amid the debate over the dangers of widespread AI development, an important concern may have been overlooked: the huge amount of energy required to train these large language models.
A new study published this week suggests that the AI industry could consume as much energy as a country like Argentina, Netherlands, or S... | Energy & Natural Resources |
Zee Calls Report Indicating Sony Merger Collapse 'Factually Incorrect'
News agency Bloomberg reported on Tuesday that the two-year-old merger plan risked collapse over leadership issues.
Zee Entertainment Enterprises Ltd. denied a recent media report indicating risks to its planned merger with Sony Group Corp.’s India ... | Asia Business & Economics |
MILAN, July 5 (Reuters) - The European Central Bank could bring inflation back in line with its price stability goal by holding rates for a certain period of time rather than hiking them more, one of its policymakers said on Wednesday.
Addressing the annual general meeting of the Italian Banking Association (ABI), ECB ... | Interest Rates |
New gambling rules are being proposed by the UK government for the first time since the invention of the smartphone. But these “reforms for the digital age” are silent on cryptocasinos, where you can bet online using cryptocurrencies. These platforms have seen remarkable and potentially dangerous developments since the... | Crypto Trading & Speculation |
Chalet Hotels, Asian Paints, RateGain — Buy, Sell Or Hold? AskBQ
Here's what experts say about Tata Motors, Cipla, Chalet Hotels, PNB and Asian Paints.
Which is the best stock for investment in the automobile sector as demand is set to get a boost in the upcoming festive season? Are paint companies a good bet? What's t... | Stocks Trading & Speculation |
U.S. Is Seeking More Than $4 Billion From Binance To End Case
Negotiations include the possibility that its founder Changpeng Zhao would face criminal charges in the U.S.
(Bloomberg) -- The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long ... | Crypto Trading & Speculation |
Binance Founder CZ Loses $12 Billion On Crypto-Trading Slump
Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat.
(Bloomberg) -- Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat.
The Bloomberg Billionaires Index slashed its e... | Crypto Trading & Speculation |
ASK Automotive Shares Debut At 8.12% Premium Over IPO Price
Shares debuted at Rs 304.90 apiece on the Bombay Stock Exchange, a premium of 8.12%.
Shares of ASK Automotive Ltd. debuted at Rs 304.90 apiece on the Bombay Stock Exchange, a premium of 8.12% over their IPO price of Rs 282 apiece.
On the NSE, the stock debuted... | Stocks Trading & Speculation |
The Bank of Japan stuck to its ultra-loose monetary policy Friday, though officials face increasing pressure to turn more hawkish as the yen weakens and after fresh data showed inflation remained stubbornly high.
While most other major central banks have pressed ahead with a campaign of interest rate hikes in a bid to ... | Interest Rates |
The energy regulator Ofgem has this morning confirmed a cut to its price cap which will see average household bills come down this autumn.
Ofgem said the typical household paying by direct debit for gas and electricity faced an annual charge of £1,923 from October to December.
This is down from the £2,074 level set for... | Energy & Natural Resources |
Hero MotoCorp's Pawan Munjal Offers Rs 25 Crore Deposit Against Seized Assets
On Nov. 10, the Enforcement Directorate provisionally attached three immovable properties belonging to Munjal in Delhi.
Hero MotoCorp Ltd. Chairman and Managing Director, Pawan Kant Munjal, informed the Delhi High Court on Nov. 30 that he is ... | Banking & Finance |
The US lost its pristine credit rating. What does that mean?
Citing an “erosion of governance,” Fitch Ratings became the second major credit-rating firm to bump the United States government’s top-notch triple-A assessment. The downgrade may have little impact on financial markets or interest rates.
| Washington
Late Tu... | Interest Rates |
LONDON (Reuters) - H&M plans to sell second-hand clothes and accessories at its flagship store in London from Oct. 5, as pressure increases on fast fashion companies to curb their environmental impact by encouraging the reuse and recycling of garments.
With the European Union planning new regulation to crack down on te... | Consumer & Retail |
“As a single parent, I feel like I’m letting my kids down,” one mother of five affected by the two-child benefits limit, who did not want to be named, told the Guardian. She said she is on antidepressants and skipping meals.
About one in 10 children are affected by the two-child benefit limit, a policy introduced by Ge... | Inflation |
A new report from Energy UK has indicated that the most ambitious net zero route could boost the UK economy by £240 billion by 2050.
The figure, which is in relation to Gross Domestic Product (GDP), could be 6.4% higher by 2050 in comparison to the current baseline, according to Energy UK’s latest report in its Clean G... | Renewable Energy |
With tens of millions of Americans burdened by medical debt, hospitals and other medical providers are increasingly shuttling their patients into loans serviced by banks, credit cards, and other financial services companies.
The arrangements have proven very profitable for lenders. But, as KFF Health News reported in N... | Banking & Finance |
Banks and building societies are to meet Chancellor Jeremy Hunt to discuss the upheaval in the mortgage market.
It comes after Thursday's shock decision by the Bank of England to hike rates to 5%, up from 4.5%, as it tries to tackle persistently high inflation.
The government and lenders are under pressure to do more t... | Interest Rates |
Millennials are more retirement-ready than their parents, says Vanguard
Millennials fretting about their financial future can take comfort in knowing they are on track to retire in a better financial position than they probably think.
Of all generational cohorts, older millennials are most likely to generate enough inc... | Personal Finance & Financial Education |
Image caption, Olney residents say they want the cuts reversed or a new operator brought inIn October, Stagecoach East brought in new bus timetables for services in Cambridgeshire and Bedfordshire. It's left one town with just one bus each way to two of its largest neighbours. Students and commuters are marooned and bu... | Consumer & Retail |
Aditya Baradwaj can pinpoint the “exact moment” he knew the party was over for Sam Bankman-Fried and his once-booming FTX cryptocurrency empire.
The scruffy, 31-year-old crypto kingpin had showered workers like Baradwaj, a former software engineer at FTX’s sister firm Alameda Research, with a torrent of lavish perks th... | Crypto Trading & Speculation |
Sunak Says UK Will Be ‘OK’ As Rate Hike Exposes Tory Tensions
Rishi Sunak said he is “absolutely confident” he will meet his pledge to halve inflation this year, after the Bank of England’s decision to raise interest rates to 5% laid bare frustration among ministers and Conservative politicians about the slow progress ... | Inflation |
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Tupperware is now selling some products at Target, but it still makes most of its money through individual sellers.
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Tupperware is now selling some products at Target, but it still makes most of its money through individual sellers.
Scott Olson/Getty Image... | Consumer & Retail |
Dilip Buildcon Q2 Results Review - Debt Reduction Led By Alpha Alternative Deal: Dolat Capital
We factor order inflow estimates of Rs100 billion/ Rs 130 billion/ Rs 130 billion for FY24E/ FY25E/ FY26E.
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across Indi... | Stocks Trading & Speculation |
HMRC’s long-delayed digital tax drive will cost six times as much as planned, a damning report from the Parliament’s spending watchdog has warned.
The Making Tax Digital programme, announced by HM Revenue and Customs in 2015, is now three years late and more than £1bn over its original budget, the National Audit Office... | Inflation |
Former Crypto Day Traders Say No Thanks Even As Bitcoin Roars Back
Bitcoin generated sparks last week when it climbed above $35,000.
(Bloomberg) -- Between 2013 and 2017, Peter To claims he made more than $1 million by day-trading Bitcoin during its bull runs.
While the world’s largest cryptocurrency has rallied in rec... | Crypto Trading & Speculation |
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more.
Welcome back to Chain Reaction.
Although there are a lot of builders in the crypto space, the total money being invested into the crypto market has hit 32-month lows in May.
Cryptocurrency monthly exchange volume, which calculates spot market v... | Crypto Trading & Speculation |
A regulator has outlined concerns about the "intensity of competition" between fuel retailers.
In its first monitoring update since finding that drivers were overcharged by supermarkets last year, the Competition and Markets Authority (CMA) said it was yet to receive crucial data on fuel margins covering September and... | Consumer & Retail |
Best Buy is expanding its monthly financing program, Upgrade Plus, to include more Apple devices, the company announced. Starting today, the program will finance the latest 11- and 12.9-inch iPad Pros or Apple Watch Ultra to approved customers via Citizens Bank.
Much like how Apple lets users “lease” iPhones through it... | Consumer & Retail |
- The Bank of England's losses on bonds bought to shore up the U.K. economy will be "materially higher than projected," according to Deutsche Bank.
- In late July, the Bank of England estimated that it would require the U.K. Treasury to backstop £150 billion ($189 billion) of losses on its asset purchase facility.
- Sa... | Interest Rates |
Catch-up contributions are about to change. Starting in 2024, some workers who make catch-up contributions to employer-sponsored retirement plans, like a 401(k), will have to put this money in a Roth account. This means that they cannot deduct these contributions from their income taxes, but will be able to withdraw th... | Personal Finance & Financial Education |
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Customers at SolDias ice cream shops in Texas are encouraged to pay with cash instead of credit cards. Owner Victor Garcia is backing a legislative effort that aims to lower credit card processing fees through increased competition.
Victor Garcia/Courtesy of Victor... | Consumer & Retail |
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NEW YORK (AP) — Donald Tru... | Banking & Finance |
Shares of Honasa Consumer, the parent firm of direct-to-commerce beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they evaluate their own initial public offerings.
Mamaearth, a seven-year-old company, was trading at 331.45 Indian rupees ($3.98) per share on ... | Stocks Trading & Speculation |
- The rate hike is Turkey's first since March 2021.
- Turkey steadily lowered its policy rate from 19% in late 2021 to 8.5% in March as inflation concurrently ballooned, breaching 80% in late 2022.
- Erdogan recently appointed Mehmet Simsek as finance minister, whose aim is to return Turkey to economic orthodoxy after ... | Interest Rates |
Levelling Up Secretary Michael Gove has announced he will appoint commissioners to take over Birmingham City Council and launch a local inquiry into the authority after it declared itself effectively bankrupt.
The cabinet minister said residents and businesses in the city "deserve better" after the council issued a Se... | United Kingdom Business & Economics |
Picture this - you're tidying up your email inbox, sifting through your junk folder, and you stumble upon not one but two chilling emails. Both claim that your account has been hacked, asserting full access to all your accounts. The threat? Alleged videos of you in compromising situations, ready to be broadcast to your... | Crypto Trading & Speculation |
Solar Industries Q2 Results Review - Record Margins; Benign Prospects: ICICI Securities
Exciting prospects but partially priced in
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports... | Renewable Energy |
In politics, as in comedy, timing is everything. From measuring progress on policies to the deadlines leaders set themselves, the “when” is often as important as the “what”.
And after Jeremy Hunt’s tax-cutting Autumn Statement, it’s no surprise that his decision to implement national insurance (NI) changes on 6 January... | United Kingdom Business & Economics |
Americans say they'll need about, a pie-in-the-sky figure for most households given that the holds just over $113,000. But a nest egg of that size isn't out of reach — as long as you start saving at the ideal age, according to new research.
The optimal age to start socking away money for your golden years is 25 years o... | Personal Finance & Financial Education |
Let's face it – online dating has always been a bit of a circus. Between ghosting, catfishing and breadcrumbing, it's a wonder anyone finds romance at all. It's safe to say online dating is a downright chore these days.
Remember those cringe-worthy dinner dates where you dropped a hundred bucks only to realize you'd ne... | Crypto Trading & Speculation |
Crypto Resumes Drop After SEC Crackdown Led To Weekend Selloff
Bitcoin dropped 1.1% to $25,844 as of 2:55 p.m. in Singapore after tumbling as much as 3.9% on Saturday.
(Bloomberg) -- Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US Securities... | Crypto Trading & Speculation |
"I was on universal credit. If I didn't shoplift I'd only have been able to afford packet noodles."
Ash (not their real name) is a 25-year-old south London resident "living pay cheque to pay cheque".
During the pandemic, Ash wasn't eligible for furlough. They lost their job and their shoplifting habit began.
"The cost ... | Consumer & Retail |
Government Says Over 1.06 Lakh Companies Voluntarily Exited In Last Five Years
Besides, many companies have sought voluntary liquidation under the Insolvency and Bankruptcy Code (IBC).
More than 1 lakh firms voluntarily exited under the companies law in nearly five years, the government said on Monday.
Besides, many co... | Banking & Finance |
tudents in London are paying well above the maximum level their loans can stretch to, after prices jumped 20 per cent in just one year, new data analysis shows.
Those renting privately in purpose-built student accommodation (PBSA) can expect to pay around £19,706 to live in the capital for the 2023-24 academic year, ac... | Real Estate & Housing |
The biggest ever public investment in childcare in England was announced in this week's Budget.Â
At the moment, eligible parents can claim up to 30 hours of free childcare for three and four-year-olds, as well as 15 hours for some two-year-olds.
The reforms will extend this to all children from nine months to five year... | Workforce / Labor |
Jeremy Hunt’s Autumn Statement failed to lift the Conservatives out of a second year lagging behind in a national opinion poll.
The Tories were the party of choice for 28% of people surveyed by Deltapoll, compared to 42% for Labour and 11% for the Lib Dems.
Director Joe Twyman said: ‘There has been a narrowing of the g... | United Kingdom Business & Economics |
KPMG Expands Operations In Kolkata: Officials
This expansion reflects the firm's recognition of Kolkata's vibrant talent pool and its strategic importance to KPMG's growth strategy, the firm said.
KPMG LLP, a multinational audit, tax and advisory firm, has further expanded its presence in India with the opening of a ne... | Workforce / Labor |
Recentmay have you worried about your money.
Shares of PacWest, a small regional bank based in Los Angeles,after the company confirmed it may put itself up for sale. Anxiety over potential bank runs has sent shares of smaller banks tumbling. A bank run is when large numbers of people withdraw their money from a bank al... | Banking & Finance |
A childcare organisation has called for an urgent package of support to help a sector which they say is in crisis.
Employers for Childcare says many childcare providers are planning to raise fees by about 10% from April.
The company works on behalf of parents, employers and childcare providers.
It says rising energy bi... | Consumer & Retail |
US Slows Pace Of Increase In Quarterly Long-Term Debt Sales
The US Treasury increased its planned sales of longer-term securities by slightly less than most major dealers expected in its quarterly debt-issuance plan, in a move that signals officials may be concerned about the surge in yields over the past several month... | Bonds Trading & Speculation |
China Injects Most Short-Term Cash Into Banking System On Record
The People’s Bank of China granted banks a net 733 billion yuan of cash with the so-called reverse repurchase contracts on Friday.
(Bloomberg) -- China pumped the most liquidity into its financial system via short-term monetary tool on record, suggesting ... | Banking & Finance |
DoorDash has added a pop-up in its app this week warning customers that orders with no tip might take longer to get delivered. Upon seeing the prompt in a since-deleted tweet on X, formerly Twitter, The Verge confirmed that if you enter $0 in the tip amount in the DoorDash app while placing an order, an alert appears w... | Consumer & Retail |
A black-market trade in delivery app accounts allows underage teenagers to sign up as riders, the BBC has found.
The family of a 17-year-old who died while working as a Deliveroo rider - despite 18 being the minimum age - say the company is "unaccountable".
The Home Office is urging Deliveroo, Just Eat and Uber Eats to... | Workforce / Labor |
Stock Market Today: All You Need To Know Going Into Trade On Nov. 29
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
U.S. stocks and bonds extended their November gains, and the dollar fell, with the latest Fedspeak bolstering speculation that U.S. policymakers will have more roo... | Stocks Trading & Speculation |
One of the largest childcare providers in Glasgow is closing, leaving families scrambling to find nursery and afterschool places for their children.
Rising Stars childcare centres will shut permanently on 31 March.
The move affects facilities in Easterhouse, Crownpoint, Gorbals and Pollok as well as a Govan and Calton ... | Nonprofit, Charities, & Fundraising |
Indicted freshman congressman and serial fabulist George Santos is the only member of Congress who has not yet filed his mandatory personal financial disclosure, a CREW analysis of filings provided by the Clerk of the House of Representatives has found. The document’s absence is especially notable a month after the fin... | Personal Finance & Financial Education |
- The IRS on Tuesday unveiled more details about Direct File, the agency's free electronic tax filing pilot program.
- Starting in 2024, Arizona, California, Massachusetts and New York will integrate state tax filings into the pilot program.
- Taxpayers from Alaska, Florida, New Hampshire, Nevada, South Dakota, Tenness... | Personal Finance & Financial Education |
- A new report from Politico suggests a “billionaire-backed network” of Silicon Valley-linked AI “advisors” are working to control the regulatory agenda in Washington D.C. Boy, I sure wish stuff like that were illegal instead of just business-as-usual.
- Despite apparently having lobbying money aplenty, it looks like t... | Energy & Natural Resources |
A month before veg started disappearing from British supermarket shelves, Steve Cornwell walked into a greenhouse in Morocco and realised we faced an unprecedented crisis.
The farmer, whose business supplies salad to chains like Aldi, Asda and the Cooperative, was visiting a site where tomatoes are normally ripe and re... | Consumer & Retail |
A service that provides transport to elderly and disabled passengers in rural parts of Northern Ireland is at risk of closure.
The dial-a-lift service makes about 200,000 journeys annually, taking vulnerable passengers to healthcare appointments and food shopping.
It has previously received annual government funding of... | Nonprofit, Charities, & Fundraising |
Karnataka Bank Signs Pact With HDFC Life To Provide Insurance Products
The bank plans to provide innovative and customer-friendly solutions to those who are in search of financial security.
Karnataka Bank Ltd. has entered into a strategic corporate tie-up with HDFC Life Insurance Co. to provide products to its customer... | Banking & Finance |
The Biden administration is moving to make it easier for caregivers to take in family members in the foster care system, requiring states to provide them with the same financial support that any other foster home would receive.
It also proposed a new regulation aimed at ensuring that LGBTQ+ children are protected in th... | Nonprofit, Charities, & Fundraising |
A Perfect Storm Has Begun Stifling India's Bank Credit Growth
Non-food credit slowed to 14.8% year-on-year in the fortnight ended Aug. 11, excluding HDFC-HDFC Bank deal.
Tight liquidity and higher interest rates are beginning to slow down the credit growth of India's banking sector.
The Reserve Bank of India's incremen... | Banking & Finance |
TL;DR: A wide range of cryptocurrency courses are available for free on Udemy(opens in a new tab). Learn about earning passive income, investment fundamentals, and trading patterns, without spending anything.
Taking your first steps into the world of cryptocurrency can feel daunting, but it doesn't need to be this way.... | Crypto Trading & Speculation |
An anonymous reader quotes a report from the BBC: A thief who stole more than $470 million in cryptocurrency when FTX crashed is trying to cash it out while the exchange's founder is on trial. Sam Bankman-Fried's high-profile court case began last week. The former crypto mogul denies fraud. After lying dormant for nine... | Crypto Trading & Speculation |
This year will be remembered for a lot of things. Among them could be the growing number of stars in the startup world who were later convicted for defrauding investors.
Roughly six months after Theranos founder Elizabeth Holmes headed to jail for four counts of wire fraud, and just two weeks after Sam Bankman-Fried wa... | Banking & Finance |
Kohl’s is the latest big retailer facing calls for a boycott after shoppers found gay Pride gear for babies — with some calling it “time for a Bud-Lighting.”
The department store saw a rising number of #BOYCOTTKHOLS hashtags online after conservative commentators posted about how it was selling a Pride onesie for 3-mon... | Consumer & Retail |
- Sam Bankman-Fried's monthlong criminal trial has mostly wrapped up, with the FTX founder's fate now in the hands of the jury.
- In addition to testimony from former FTX and Alameda Research insiders, jurors are considering evidence in the form of emails, text messages and photos.
- Bankman-Fried, who faces potential ... | Crypto Trading & Speculation |
India’s Das Says U.S. Should Rethink Currency Manipulator List
(Bloomberg) -- The US practice of putting emerging markets countries on a watchlist as potential currency manipulators should be reviewed, said India’s central bank governor, who defended the need to buttress their economies from market swings.
(Bloomberg)... | Forex Trading & Speculation |
While the holiday season may be months away, now is the best time to book your travel to visit family and friends for those winter months. Typically, the further in advance you are able to firm up your travel plans, the better the deals are.
Before you start planning for your holiday travel, you should be aware that sc... | Consumer & Retail |
NBFC Sector - New Norms Impact Capital Buffers, Cost Of Funds: Nirmal Bang
Reserve Bank of India has increased the risk weights in respect of consumer credit exposure of NBFCs by 25% to 125%.
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top br... | Banking & Finance |
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.
Sticker shock, a feeling as old as commerce itself, is no longer just an irksome, unexpectedly high bill. In the era of social media, overpaying for dinner is an invitation for anyone a... | Inflation |
Crypto Traders Are Betting on Asia as a Haven After US Crackdown
Asia is fast becoming the new center of gravity for cryptocurrency markets.
(Bloomberg) -- Asia is fast becoming the new center of gravity for cryptocurrency markets.
As US regulators sued three major crypto exchanges this year, billions of dollars of tra... | Crypto Trading & Speculation |
Sadiq Khan announces free school meals for all primary school pupils in London
20 February 2023, 10:05 | Updated: 20 February 2023, 13:30
London Mayor Sadiq Khan has unveiled an emergency scheme to extend free school meals to every primary school pupil in the capital for one year.
Mr Khan said the one-off £130m program... | Inflation |
Di Forbes loves working for a debt charity but the growing queue of people in financial distress means helping them is becoming ever more demanding.
"It feels never-ending... it just doesn't stop," she said of the demand for help from Money Buddies in Leeds.
The charity's boss Saleem Shafi, told the BBC: "We're facing ... | Nonprofit, Charities, & Fundraising |
More than half of NHS trusts and health boards are either providing or planning food banks for staff, new research suggests, as the cost of living soars.In a survey that lays bare the catastrophic impact that the rising cost of food, energy and housing is having on health workers, NHS Charities Together and the Observe... | Inflation |
Wes Streeting: I’ll tackle junk food and vapes for children
Society appears blind to how a whole generation has been allowed to become nicotine addicts, shadow health secretary tells The Times Health Commission
Labour is prepared to use “the heavy hand of state regulation” to force food companies to make their products... | Consumer & Retail |
Cyprus has vowed to tighten controls on its financial sector as an investigation published by the Guardian and its reporting partners reveals oligarchs transferred hundreds of millions in assets while sanctions loomed after the Russian invasion of Ukraine.
The role of the blue-chip accountants PwC Cyprus and other advi... | Banking & Finance |
The government is still deducting money from people's Universal Credit to pay their utility bills, despite it losing a legal case concerning other benefits.
Last year, High Court judges said a scheme - which allows money to be taken from people claiming benefits to pay energy bills - was unlawful if the claimant had no... | Personal Finance & Financial Education |
African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding. StarNews offers African content creators a platform for monetizing their work through a subscription model. Currently, the service is available in six African countries, including Cameroon (where it started), Nigeria, Ghana, Co... | Africa Business & Economics |
(Bloomberg) -- Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc. at a price that would crystallize near-total losses for any longer-term holders of the stock.
Most Read from Bloomberg
Fairfax’s takeover bid of 25 Canadian c... | Stocks Trading & Speculation |
Senate Republicans failed in their efforts to pass a resolution to overturn President Biden’s new student loans income-driven repayment (IDR) plan Wednesday.
All present Republicans and Democratic Sen. Joe Manchin (W.Va.) voted in support of a Congressional Review Act (CRA) resolution that would have halted the Saving ... | Banking & Finance |
WASHINGTON, July 14 (Reuters) - U.S. President Joe Biden's administration will cancel $39 billion in student debt for more than 804,000 borrowers, the Education Department said on Friday, describing the relief as the result of a "fix" to income-driven repayment (IDR) plans.
Borrowers will be eligible for forgiveness if... | Banking & Finance |
Image source, Grace BurtonImage caption, Grace Burton says her spending on nights out could be "embarrassing"With the cost of living crisis, the price of alcohol has increased along with so many other products.It's prompted some to turn their backs on boozy weekends and nights out, opting for sobriety over spending.Stu... | Inflation |
Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail Federation, a trade group representing US retailers.
Big-box retailers such as Target and Kroger as well as dollar stores have sounded cau... | Consumer & Retail |
KEY POINTS
- If you want to be rich, it can be helpful to do what wealthy people do.
- Many people who are wealthy use debt as a tool to increase their net worth.
- Rich people also often have multiple income streams, so they aren't reliant on one source of money.
If you want to be rich, it can be helpful to do things ... | Personal Finance & Financial Education |
- Just one month before the holiday season kicks into high gear, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report.
- Yet consumers still plan to overspend during the holidays, other reports show.
- We are in a period of "hyper-consumption," says Jacqueline Howard, head of m... | Consumer & Retail |
On the fifth day of Sam Bankman-Fried’s fraud trial, the prosecution’s star witness is set to take the stand.
Caroline Ellison is the former paramour and business partner of the FTX founder, at times dating the 31-year-old and also serving as CEO of Alameda Research, the hedge fund closely associated with the failed cr... | Crypto Trading & Speculation |
We all know that America is different. But last week’s revised growth figures for the third quarter underlined this point. At an annualised rate, the economy was shown to have grown by 5.2pc which, excluding the pandemic period, was the fastest pace of growth since 2014.
What a contrast with the lacklustre performance ... | Inflation |
Retailers ready to kick off unofficial start of the holiday season just as shoppers pull back
Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements
NEW YORK -- Retailers are kicking off the unofficial start of the holiday shopping season o... | Consumer & Retail |
"You get very good at lying," David tells me.
"Getting loans for home improvements that weren't for home improvements. Credit cards. Any way I could get money to gamble."
A transport worker from the north of England, David doesn't want to reveal his real name.
His gambling addiction has cost him his marriage, and many ... | Consumer & Retail |
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This week in web3
- Stablecoin company Circle going public makes good sense (TC+)
- Faction launches $285M early-stage crypto fund
- LG’s IT ar... | Crypto Trading & Speculation |
UNIVERSITY PARK, Pa. — Investors in commercial real estate are rethinking the values of coastal properties exposed to flood risk — even in northern U.S. locales that haven’t suffered flood damage, according to researchers. This shift in perspective has implications for investors and developers alike as they determine t... | Real Estate & Housing |
Labour will create the biggest increase in affordable housing "in a generation" if it wins power, deputy leader Angela Rayner has promised.
Ms Rayner vowed to "get tough" with developers who tried to "wriggle out" of their social obligations.
The party would also free up funds for councils and housing associations to b... | Real Estate & Housing |
Subsets and Splits
Unique Topics Sorted
Provides a simple list of all unique topics in the training dataset, which helps identify the range of subjects covered but offers minimal analytical insight beyond basic categorization.
List Unique Topics
Simple retrieval of unique topics from the dataset, useful for basic exploration but lacks deeper insights.