Jack Fenwick Political reporter Treasury advisers tasked with finding government waste have identified spending on accommodation for people such as asylum seekers as their top priority. The Office for Value for Money (OVfM), which has 15 members of staff and reports directly to the chancellor, was launched in October. But a Treasury response to a
Tech stocks soared Wednesday morning after a better-than-expected inflation report injected the market with a little optimism and extended yesterday’s AI stock rebound. Shares of Tesla (TSLA) were up 7% in recent trading, leading the Magnificent Seven stocks higher. AI chip maker Nvidia’s (NVDA) stock jumped 6%, while Meta (META) advanced 3%. Amazon (AMZN) rose
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Summary President Trump’s erratic trade policies and contradictory statements have caused significant market volatility and investor uncertainty. A sustained bear market could trigger a recession, undermining Trump’s agenda and weakening his negotiating power globally. The poorly executed trade policy rollout has compounded an expected economic slowdown, with early signs of damage in select companies like
Investigative Reporter Katie LaGrone explains the little known, rarely talked about consequence of medical insurance denials- doctors walking away from performing certain procedures. “IT’S BECOME ALMOST IMPOSSIBLE TO DO THIS WORK ANYMORE.” For more than 20 years, Dr. Andrew Rosenthal has helped make breast cancer patients in Palm Beach County feel whole again. “Starting back
American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States. Franklin Templeton’s XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an
D-Wave Quantum Inc. QBTS and SkyWater Technology SKYT shares are trading higher following a notable achievement in quantum computing. The companies announced that D-Wave’s Advantage2 annealing quantum computer prototype, fabricated by SkyWater, has achieved computational supremacy in quantum simulation. This development was published in Science, a journal of the American Association for the Advancement of
An operation to rescue hundreds of people taken hostage when a train was hijacked by a separatist militant group in remote south-west Pakistan has continued into its second day, with dozens killed in the onslaught. On Wednesday, Pakistan’s security services claimed to have rescued about 190 people who were being held captive after militants from
Russian state media and pro-war bloggers shared videos on Wednesday showing Russian troops raising flags in the town of Sudzha in the southwestern Kursk region. A Telegram channel linked to Russia’s Airborne Troops published a short aerial video showing soldiers unfurling a Russian flag alongside unit banners in Sudzha’s central square early Wednesday. Around the
A surfer was killed by a shark being described as “massive” Monday in Western Australia. Steven Payne, 37, of Melbourne was in the area with his partner and dog as part of a six-month traveling holiday, the Canberra Times reports. He was surfing at the remote Wharton Beach when he was seen in distress in