Business

Economic experts Art Laffer and Steve Moore unpack the state of the U.S. economy under President Donald Trump on ‘Kudlow.’ The U.S. Court of International Trade ruled Wednesday that President Donald Trump overstepped his authority over tariffs under the International Emergency Economic Powers Act (IEEPA). “The Constitution assigns Congress the …

Chancellor Rachel Reeves has announced plans to increase pension pots by £6,000 for millions of workers by ensuring funds cut costs and have more freedom to invest.She today confirmed that the Government will require smaller multi-employer Defined Contribution pension schemes to join forces and create “megafunds”, each with at least …

Tarang Amin on e.l.f cosmetics e-commerce growth E.l.f. Beauty recently signed a definitive agreement to acquire celebrity skincare brand Rhode, founded by Hailey Bieber, in a $1 billion megadeal. The agreement includes $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, …

M&S shoppers will be disappointed to see the price of an everyday shopping staple has jumped up. A customer contacted the shop chain over social media this morning (May 28) after they were dismayed to find the price of the milk they regularly purchase had gone up from £1.45 to …

President Donald Trump discusses cuts to Medicaid, saying “we’re not touching anything.” House Republicans’ proposal to implement stricter Medicaid work requirements is designed to strip out waste, fraud and abuse from the widely used healthcare program, but the changes could see millions of Americans booted from their benefits in the …

The Chancellor is in a bind. UK borrowing costs are rising fast, markets are getting twitchy, and Labour is edging towards a crisis. Last week, I reported that UK borrowing costs had hit the highest since the financial crisis. It’s actually worse. Thirty-year gilt yields have now climbed to their …

Vice President JD Vance touts the Trump administration’s pro-crypto policies at an annual bitcoin conference. Vice President JD Vance on Wednesday delivered remarks at a bitcoin conference to highlight the Trump administration’s policies related to cryptocurrency and digital assets. Vance attended the Bitcoin 2025 Conference in Las Vegas and highlighted how …

Online fraud is on the rise again, with criminals increasingly using stolen card details and tricking victims into revealing one-time passcodes, according to new figures from UK Finance. The banking industry body recorded 3.13 million cases of unauthorised fraud in 2024 – a 14% increase on the previous year. Losses …

The ADL and its affiliate JLens are putting forward a proposal calling on Meta to issue a detailed report on its handling of hateful content. A shareholder proposal sponsored by the Anti-Defamation League (ADL) affiliate JLens has the backing of Institutional Shareholder Services (ISS) and Glass Lewis & Co.  Both …

While savings  interest rates are generally falling, Virgin Money is offering people keen to regularly put away cash a competitive 6.5% AER. Virgin Money’s Regular Saver Exclusive rate is fixed until May 2026, and people can save up to £250 per month. Regular savings accounts typically require people to deposit …