UK Embraces Chinese Automakers as Exports Surge and Prices Stay Competitive
Brits are increasingly turning to Chinese-made cars as pricing and technology drive demand, with the UK market opening to cheaper, well-equipped models.
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Great Wealth Transfer Could Be Over $100 Trillion or $36 Trillion, Visa and Cerulli Say
Visa and Cerulli publish conflicting projections on the great wealth transfer: Visa projects about $36 trillion from boomer wealth to Gen X and millennials...
Five Headaches Andy Burnham Will Face as Prime Minister
BBC Verify outlines five major policy challenges Burnham will confront as prime minister, including welfare reform, defence funding, social care, housing supply, and youth...
British Steel Nationalised To Protect Virgin-Steel Capability And UK Supply
The UK has nationalised British Steel to safeguard virgin-steel capability, protect thousands of jobs, and give policymakers time to decide the plant’s future amid...
Kalshi Defends Itself as World Cup Bets Surge, But labels Itself A Financial Product Not a Sportsbook
Kalshi positions itself as a federally regulated financial product with bettors wagering against each other, not against a house, amid a World Cup betting...
Federal Reserve Seeks the “Secret Sauce” Behind Wisconsin Tool Maker Snap-on
Fed officials visited Snap-on in Kenosha, Wis., to study how a century-old toolmaker sustains growth through customization, a robust franchise network, and strong domestic...
China Objects To British Steel Nationalisation, Warns Of Impacts On UK Relations
China opposes the UK’s decision to nationalise British Steel, arguing it strains bilateral ties as London assumes control of the Scunthorpe operation to protect...
States Sue to Block Paramount-Warner Bros. Discovery Merger
California and a coalition of states filed a lawsuit to block Paramount Global’s planned $111 billion acquisition of Warner Bros.
High Street as a Window on Britain’s Political Instability: BBC Investigation Rewritten for Markets
A BBC investigation follows High Street crime and store vacancies across Britain, linking visible illicit activity and empty units to political shifts and consumer...
Trump Media To Sell Fast Feed Of Key Posts To Wall Street
Trump Media is launching Truth API, a paid service providing instant updates from key Truth Social accounts to Wall Street firms.
IRS Raises Gas Mileage Deduction Rate Amid Fuel Price Surge
The IRS announced midyear changes to the standard mileage deduction, increasing business use to 76 cents per mile and medical/moving rates to 23.5 and 23.5
Dimon Urges Calm Over AI Job Fears and Stresses Reskilling Path
JPMorgan Chase CEO Jamie Dimon urged a calm view of AI’s impact on jobs, stressing that technology has historically created opportunities and retraining is...