Uber and Waymo launch autonomous rides in Austin, Texas. Uber is joining forces with Chinese tech company Baidu to roll out thousands of driverless vehicles on its ride-sharing platform across multiple international markets. The move – which combines Uber’s expansive network and Baidu’s Apollo Go autonomous vehicles – comes as …
Read More »State pensioners council tax cut update as support surges to threshold | Personal Finance | Finance
Backing has grown rapidly for a fresh campaign demanding substantial council tax reductions for all state pensioners. A petition on the parliamentary website has been gathering momentum swiftly – as worries mount over the cost of living crisis battering older people. Recent figures from the Office for National Statistics (ONS) …
Read More »Fiscal hawks upend House floor in rebellion against Trump-backed crypto bills
Rep. Bryan Steil joins ‘Varney & Co.’ to discuss a House vote on possible changes to the cryptocurrency market structure. A rebellion by conservative lawmakers forced the House of Representatives’ legislative business to grind to a halt Tuesday. A dozen House Republicans joined Democrats to sink a procedural vote that …
Read More »FTSE 100 LIVE: Markets set to react to Rachel Reeves’ controversial Mansion House speech | Personal Finance | Finance
The UK FTSE 100 markets are set to react on Wednesday (July 16) following Rachel Reeves’ second annual Mansion House speech to the financial sector. The chancellor said she is considering “further changes to ISAs” and encouraged regulators to put more focus on the benefits of investing in the stock …
Read More »Trump compares talking to Powell to ‘talking to a chair,’ says he could be fired
Sen. Rick Scott, R-Fla., discusses the June CPI report and President Donald Trump calling on Fed Chair Jerome Powell to lower interest rates on ‘The Bottom Line.’ Asked Tuesday whether he thought Jerome Powell’s behavior surrounding the renovations of the Federal Reserve building was a “fireable offense,” President Donald Trump …
Read More »State Pension could be ‘frozen’ as triple lock comes under threat | Personal Finance | Finance
The long-term future of the State Pension Triple Lock is once again under scrutiny, as experts warn it may no longer be sustainable amid rising costs and an ageing population. Under the Triple Lock policy, the State Pension increases each year in line with whichever is highest: average earnings growth, …
Read More »PGA set to return to Trump course for first time since 2016: report
Check out what’s clicking on FoxBusiness.com. The PGA Tour is set to return to one of its old homes. According to Sports Business Journal, Trump Doral in Miami will host a PGA event for the first time since 2016 next year. The outlet reports that the event will take place …
Read More »Women ‘left behind’ in retirement money as quarter lacking | Personal Finance | Finance
UK women are lagging behind in their understanding of pensions compared to men. As a result, despite having a longer average lifespan, women often retire with less than their male counterparts. The Get Britain Pension Ready campaign has unveiled alarming data highlighting this issue, with a mere 8% of women …
Read More »JPMorgan CEO Dimon: US economy resilient but significant risks persist
RBC Capital Markets Managing Director Gerard Cassidy discusses bank performance and investor positioning on The Claman Countdown. JPMorgan Chase CEO Jamie Dimon on Tuesday said that while the U.S. economy has stayed strong through the second quarter of this year, there remain potential stumbling blocks to the economic outlook. Dimon said …
Read More »Full list of Reeves’ reforms including bank accounts and mortgages | Politics | News
Rachel Reeves has unveiled a raft of reforms that she hopes will boost investment in the UK economy and therefore kickstart more growth. The “Leeds reforms” – which the Chancellor says “represent the widest set of reforms to financial services for more than a decade” – include tweaks to major …
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