US House passes tax and spending bill by single vote | Tax News
The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which…
Target cuts annual forecast as tariffs, boycotts weigh on sales | Business and Economy
Target has slashed its annual forecasts amid a pullback in discretionary spending due to tariff-driven uncertainty and a backlash against shifts in its diversity, equity…
UnitedHealth paid nursing homes to reduce hospital transfers: Report | Business and Economy
In one case, a person suffered permanent brain damage because of a delayed transfer, The Guardian newspaper reported.UnitedHealth has allegedly secretly paid nursing homes to…
UK retailer M&S puts cyberattack cost at $400m as disruptions continue | Cybercrime News
Disruption from the ‘highly sophisticated and targeted cyber attack’, first reported around Easter weekend, continues.British retailer Marks & Spencer estimates that a cyberattack that stopped it…
Will EU deal make food cheaper, add $12bn to the UK economy? | Agriculture News
UK Prime Minister Keir Starmer has announced a “landmark deal” with the EU that lays the ground for closer collaboration with the bloc. Nearly nine…
Trump says US will put weapons in space as part of ‘Golden Dome’ plan | Military News
Washington, DC – United States President Donald Trump and Secretary of Defense Pete Hegseth have laid out their clearest plan yet for the “Golden Dome”…
Musk commits to staying Tesla CEO for another five years | Business and Economy
Elon Musk has claimed a turnaround in Tesla sales after a slump even as Starlink, the internet service provider that he owns, is growing.Elon Musk…
Public workers in Africa see wages fall by up to 50% in five years: Survey | Poverty and Development News
Public spending cuts across six African countries have resulted in the incomes of health and education workers falling by up to 50 percent in five…
The US has $36 trillion in debt. What does that mean, and who owns it? | Business and Economy News
On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which could pass in the House of…
Regeneron buys 23andMe for $256m after bankruptcy | Business and Economy
Sale of genetic testing company raises concerns about privacy of 23andMe’s 15 million customers.Regeneron Pharmaceuticals has bought the genetic testing company 23andMe, a company once…
China’s industrial output, retail sales dip amid US trade tensions | International Trade News
Despite slowdown, data points to reliance of Chinese economy in the face of Donald Trump’s tariffs.China’s industrial output and retail sales growth have slowed amid…
Trump’s massive tax cut bill passes key US House committee vote | Donald Trump News
Nonpartisan analysts say bill would add $3-5tn to the nation’s $36.2tn debt over the next decade.United States President Donald Trump’s sweeping tax-cut bill has won…
Trump’s tariffs are failing, but the old model won’t save us either | Business and Economy
On May 12, the United States and China announced that they are putting reciprocal tariffs on pause for 90 days. Some tariffs will be retained while…
Charter Communications to buy rival Cox for $21.9bn | Media News
The proposed merger, which would create the largest cable provider in the US, could face antitrust hurdles.Charter Communications has agreed to buy its rival Cox…
Trump’s ‘big, beautiful bill’ at a crucial juncture | Donald Trump News
United States House Republicans’ “big, beautiful bill”, a wide-ranging tax and spending legislation, is at a crucial moment. The nearly 400-page legislation proposes sweeping changes…
World Bank says Syria eligible for new loans after debts cleared | Politics News
Saudi and Qatari payments settle Syria’s arrears, allowing World Bank and IMF to re-engage.The World Bank says it will restart operations in Syria following a…
Moody’s strips US government of top credit rating | Debt News
Moody’s cited rising debt, saying US had repeatedly failed to end the trend of large annual fiscal deficits and interest.Moody’s Ratings has stripped the United…
Five key takeaways from US President Donald Trump’s Middle East trip | Donald Trump News
Washington, DC – Three days, three countries, hundreds of billions of dollars in investments and a geopolitical shift in the United States’s approach to the…
NJ Transit workers go on strike after wage increase talks stall | Workers’ Rights News
The strike leaves hundreds of thousands of commuters in New Jersey and New York without rail access.New Jersey’s commuter rail engineers are on strike after…
In surprise move Wegovy-maker Novo Nordisk ousts CEO amid sagging sales | Business and Economy News
Days earlier, Novo Nordisk cut its sales and profit forecast for first time since the launch of Wegovy four years ago.Wegovy-maker Novo Nordisk has pushed out CEO…