UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise
Officials claimed Monday that the British government reached an agreement with leading physicians in England that might put an end to a string of disruptive strikes.
Nov 28, 2023 2:45 AM EST
Lawmakers Sound Alarm over BoE's Role in Government Policy and Call for Urgent Reforms
A damning analysis by senior U.K. officials claims that the Bank of England's present mandate puts it at danger of being entangled with larger government policy goals and compromises its ability to concentrate on bringing down inflation.
Underprepared for Financial Emergencies: The Urgent Need for Employer-Sponsored Savings Programs
Tens of millions of Americans struggle to save money on their own, which gets difficult when they have to use credit cards for unexpected costs, accumulate debt, or risk having their homes repossessed.
US Shoppers Get Ahead on Cyber Monday Deals In an Attempt to Save More
Discount-seekers used their phones and laptops to scoop up gadgets, apparel, toys, jewelry, appliances, and even personal care goods as the biggest U.S. online shopping day of the year got began on Monday.
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UK Prime Minister Sunak Unveils $37 Billion Investment Drive to Woo Global Investors
Prime Minister Rishi Sunak hosted global CEOs after announcing 29.5 billion pounds ($36.76 billion) in private sector investments in the nation.
Nov 26, 2023 9:57 PM EST
UK's Electric Car Revolution Gets a Boost as Nissan Invests £2 Billion
Nissan and its partners have revealed their £2 billion plan to use its Sunderland facility to produce three different electric car models.
Nov 24, 2023 11:10 AM EST
Israel-Hamas Conflict Pushes Gaza's Economy Decades Back, Leaving a Trail of Ruin
The already weak economy of war-torn Gaza is in ruins, much like its structures, after Israel bombed the region for more than a month after Hamas terrorists assaulted the nation in October.
Nov 24, 2023 10:11 AM EST
Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation
According to data from car club AAA, the national average price of petrol touched $3.27 per gallon on Thursday.
Nov 24, 2023 9:42 AM EST
Lloyd’s of London Consults Members on How To Insure the Low-Carbon Transition
According to Lloyd's of London, member businesses are now able to provide input on how to insure the low-carbon transition in the areas of underwriting, investments, exposure management, capital and reserving throughout the course of the next three years.
Nov 24, 2023 6:42 AM EST
Buy Now, Pay Later Surges in Popularity, Raising Concerns About Consumer Debt
Consumers are likely to utilize "buy now, pay later" payment arrangements significantly this Christmas season, which bodes well for businesses but raises concerns among credit experts.
Nov 23, 2023 7:50 PM EST
UK Government Turns Blind Eye to Workers' Plight, Tax Cuts Exacerbate Financial Hardship
The National Insurance tax on workers will be significantly reduced, as stated by U.K. Finance Minister Jeremy Hunt on Wednesday.
Nov 23, 2023 7:13 PM EST
Biden's FCC Moves to End Pay-TV Providers' Grip on Customers with Early Termination Fee Ban
Pay-TV companies would not be allowed to charge early termination fees to customers who cancel their service contracts before they expire, according to a proposed regulation from the Federal Communications Commission.
Nov 23, 2023 10:40 AM EST
IRS Extends Reprieve for PayPal and Venmo Users, Delaying $600 Reporting Threshold
On Tuesday, the agency said that it is once more postponing the enforcement of a 2021 regulation that mandates that payment companies like Venmo, Paypal, or Cash App issue 1099-K tax forms to anyone who received more than $600 in the current tax year.
Nov 23, 2023 10:06 AM EST
UK Payments Report Challenges Mastercard and Visa Dominance, Seeking Alternatives for a Fairer Market
A report commissioned by the government on Wednesday stated that Britain needed a "digital alternative" to depending on Visa and Mastercard for card payments.
Nov 23, 2023 5:07 AM EST
Sam Altman Makes Stunning Return to OpenAI Helm After Brief Ouster
The former CEO of ChatGPT creator OpenAI will return to the business that dismissed him just days ago.
Nov 22, 2023 8:00 PM EST
Temasek Issues Alert Over Imposter Agents in China Shilling Bogus Investments
Temasek Holdings, a Singaporean company, issued a warning about potential scams involving the sale of financial instruments or goods to naïve people under the guise of the company's Shenzhen, China, office.
Nov 22, 2023 5:16 PM EST
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