A UK crypto firm that disappeared, leaving 8,000 investors, including a Premier League footballer, locked out of their investments, has ignited fierce debate around the issue of corporate lobbying in ...
Tag: Politics
Britain’s taxes will be cut ‘as soon as we can afford to,’ finance minister says
Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan. Anadolu Agency | Anadolu Agency | Getty Images U.K. Financ...
UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The U.K. has thus far avoided a widely anticip...
Safe to return to East Palestine, Ohio
Norfolk Southern CEO Alan Shaw told CNBC he thinks it’s safe for families to return to East Palestine, Ohio, nearly three weeks after toxic chemicals were released following a train derailment e...
United aims to make it easier for families to sit together for free
A United Airlines plane departs the Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | Afp | Getty Images United Airlines said Monday that new technology will ope...
Fox News execs blocked Trump from Jan. 6 interview
Republican presidential candidate Donald Trump participates in a debate sponsored by Fox News at the Fox Theatre on March 3, 2016 in Detroit, Michigan. Chip Somodevilla | Getty Images On Jan. 6, 2021,...
Bernie Sanders Proposes Tax On Robots That Take Jobs Away From Workers
U.S. Sen. Bernie Sanders (I-VT) speaks to members of the press outside the West Wing of the White … [+] House on January 25, 2023 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Image...
Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
A Debt-Ceiling Fight Could Raise U.S. Borrowing Costs and Worsen Budget Deficits
Illustration by Chris Cash Text size About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Miz...
The Way Americans Retire Has Changed Forever. Saving a Nest Egg Isn’t Enough.
About the author: Martin Neil Baily is a senior fellow at the Brookings Institution. He was Chairman of the Council of Economic Advisers under President Clinton. He is the co-author, with Benjamin H. ...
Fetterman to be in hospital for weeks for depression care
U.S. Senator John Fetterman (D-PA), leaves a classified briefing for U.S. Senators about the latest unknown objects shot down by the U.S. military, on Capitol Hill in Washington, U.S., February 14, 20...
China rebound is the biggest unknown facing oil markets, IEA chief says
Fatih Birol, executive director of the International Energy Agency (IEA) at the World Economic Forum (WEF) in Davos, Switzerland. Bloomberg | Getty Images The International Energy Agency’s execu...
Senators urge Medicare to cover Alzheimer’s treatments
U.S. senators on Friday called for Medicare to offer broad coverage of Alzheimer’s treatments approved by the Food and Drug Administration, warning that current restrictions cost patients precio...
‘A complete nut’: Fox News hosts didn’t believe 2020 election fraud claims
WILMINGTON, Del. — Hosts at Fox News had serious concerns about allegations of voter fraud in the 2020 presidential election being made by guests who were allies of former President Donald Trump, acco...
Maker of Alzheimer drug Leqembi expects FDA’s full approval this summer
Tek Image/science Photo Library | Science Photo Library | Getty Images Japanese drugmaker Eisai expects the Food and Drug Administration to fully approve its Alzheimer’s treatment Leqembi this s...
Fox News hosts didn’t believe Trump vote fraud claims
Fox News Channel Host Sean Hannity speaks at the Conservative Political Action Conference (CPAC) in Dallas, Texas, August 4, 2022. Shelby Tauber | Reuters Rupert Murdoch and Fox News hosts expressed d...
Sen. John Fetterman in hospital for depression
Sen. John Fetterman, D-Pa., checked himself into a hospital to “receive treatment for clinical depression,” his chief of staff said Thursday. Fetterman, the 53-year-old freshman senator wh...
Biden says three recently downed aerial objects were not linked to Chinese spy program
WASHINGTON — U.S. President Joe Biden said Thursday that three unmanned aerial objects shot down over the weekend by the U.S. military were “most likely tied to private companies, recreation or ...
Biden’s IRS Nominee: Agency Will Increase Audits of Wealthy Taxpayers
President Joe Biden’s nominee to lead the Internal Revenue Service pledged to increase scrutiny of certain wealthy taxpayers at his confirmation hearing Wednesday before the U.S. Senate Committee on F...
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Ima...
Republicans leading House environmental committees: Who are they?
The US Capitol in Washington, DC, US, on Wednesday, Jan. 25, 2023. Al Drago | Bloomberg | Getty Images Following the midterm elections in November, President Joe Biden faces a GOP-controlled House of ...
Opioid overdose treatment Narcan recommended by FDA advisors for over-the-counter use
The Food and Drug Administration’s independent advisors on Wednesday unanimously recommended over-the-counter use of the nasal spray Narcan to reverse opioid overdoses, which would significantly...
Moderna CEO Bancel will testify before Senate on Covid vaccine price hike
Moderna CEO Stephane Bancel will testify before the Senate health committee in March over the company’s plans to hike the price of its Covid-19 vaccine. Sen. Bernie Sanders, chair of the health ...
Bernie Sanders hints at Starbucks CEO Schultz subpoena
Senator Bernie Sanders (I-VT) (L), Starbucks CEO Howard Schultz Reuters (L) | Getty Images (R) Sen. Bernie Sanders hinted that lawmakers could subpoena Howard Schultz to compel the outgoing Starbucks ...
Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the ...
FAA tells Senate it will avoid repeat of NOTAM outage
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...
Tesla commits to open 7,500 chargers in the U.S. to other EVs
The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality, including commitm...
U.S. Debt Is Over $30 Trillion. Who’s on the Other Side of Those Liabilities?
About the authors: Paul J. Simko is the Frank M. Sands Sr. associate professor of business administration at the University of Virginia Darden School of Business. Richard P. Smith is managing director...