Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party, with the chancellor reportedly reversing course under mounting pressure from both markets and party infighting.A senior source told the Guardian that the proposal, which would have…
Hedge fund manager Michael Burry, whose prescient bet against the US housing market ahead of the 2008 financial crisis…
Advanced Micro Devices Inc. (NASDAQ: AMD) chief executive Lisa Su agrees that aggressively spending on artificial intelligence (AI) resembles…
Global politics and business developments took center stage today, with Donald Trump courting Wall Street heavyweights at a private…
The Dow Jones Industrial Average rose to fresh heights on Wednesday, extending its winning streak as optimism built around…
In a day marked by significant policy and corporate developments, Washington and Wall Street were abuzz with activity on…
The longest government shutdown in US history finally ended Wednesday night, with President Donald Trump signing a bill to…
Gold prices have been on the rise since the start of the week, and analysts indicate that the yellow…
Preliminary figures released by the Office for National Statistics (ONS) indicate that the United Kingdom’s economy expanded by a…
