38 h. ago I was secretary of labor. Trump’s bizarre tariff scheme won’t revive American jobs | Robert Reich

Manufacturing and coalmining aren’t the way to make America great again. Here’s what would actually restore good-paying jobsOn Sunday night, the US announced that it was cutting tariffs on Chinese imports from 145% to 30%, for 90 days, and the Chinese are dropping tariffs on US goods from 125% to 10%, also for 90 days.The stock market soared on the news. (Anyone with inside knowledge of the deal could have made a killing.) Continue reading...

Politics

40 h. ago A driving program rebuilding community for Haitians in Ohio: ‘Things are getting better’

Landmark driving simulators are improving road safety and helping Springfield immigrants targeted by Trump officialsSlowly and carefully, Betina, who came from Haiti to Ohio in 2021, navigates a Toyota SUV between five traffic cones in a parking lot north-west of Springfield.Betina, who works for a produce processing company, has never driven before. But now, four years into life in Springfield, she has grasped the challenge of learning to drive. Continue reading...

Politics

40 h. ago How driving lessons are helping Ohio’s Haitians: ‘Things are getting better’

Landmark driving simulators are improving road safety and helping Springfield immigrants targeted by Trump officialsSlowly and carefully, Betina, who came from Haiti to Ohio in 2021, navigates a Toyota SUV between five traffic cones in a parking lot north-west of Springfield.Betina, who works for a produce processing company, has never driven before. But now, four years into life in Springfield, she has grasped the challenge of learning to drive. Continue reading...

Politics

43 h. ago How YOU can invest to cash in on the bombshell trade deal between China and the US: ANNE ASHWORTH

The trade deal between the US and China has sparked a wave of optimism on stock markets around the world - leaving many savers and investors wondering if they can cash in.

Economics

51 h. ago Here's how YOU can cash in on the bombshell trade deal between China and the US by our investment guru ANNE ASHWORTH

The trade deal between the US and China has sparked a wave of optimism on stock markets around the world - leaving many savers and investors wondering if they can cash in.

Economics

61 h. ago Cobalt firm taps in to electric car boom with £174m London stock market float

Cobalt firm taps in to electric car boom with £174m London stock market float  The Guardian

Economics

62 h. ago Stock market goes berserk on China trade deal as S&P 500 set to wipe out Liberation Day losses: Live updates

Donald Trump is sure to send the stock market rebounding after a flurry of major announcements on Sunday. 

Economics

64 h. ago FTSE 100 lags behind Europe in stock markets’ response to US

US stocks are set to open higher later on Monday, while Europe’s major markets are all up in trading

Politics

5 d. ago ‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI

CrowdStrike CEO announces 5% of workforce to be slashed globally, citing artificial intelligence efficiencies created in the businessThe cybersecurity company that became a household name after causing a massive global IT outage last year has announced it will cut 5% of its workforce in part due to “AI efficiency”.In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike’s chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business. Continue reading...

Politics

6 d. ago Pension funds should invest more in UK equities, investors tell ministers

Downing Street meeting looks at ways to revive sentiment towards London stock market

Economics

7 d. ago Disney reveals location of new theme park in 'thrilling' moment for daredevils

The new resort will be situated in the United Arab Emirates as a collaboration between Walt Disney and a local leisure and entertainment company and will be just 50 minutes from Dubai

Politics

7 d. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

8 d. ago Court clash between Meta and NSO ends in $168m defeat for spyware firm

Damages awarded after earlier ruling found NSO unlawfully exploited a bug in WhatsApp to spy on usersMeta Platforms won a $168m verdict against the Israeli surveillance firm NSO, the company said Tuesday, capping a six-year arm-wrestling match between the US’s biggest social-networking platform and the world’s best-known spyware company.Meta had already won after a December ruling found that NSO had unlawfully exploited a bug in its messaging service WhatsApp to plant spy software on its users’ phones. On Tuesday, a jury in California ruled that NSO owed Meta $444,719 in compensatory damages – and $167.3m in punitive damages, Meta said. Continue reading...

Events

8 d. ago Deliveroo takeover: What is DoorDash and what will the sale mean for customers?

Here, the PA news agency looks at what the takeover will mean for customers, staff, and the London stock market.

Economics

9 d. ago Peg o’ My Heart review – Hong Kong’s disordered dream life is focus of Lynchian thriller

Set in the aftermath of the 2008 crash, Nick Cheung’s film follows a loose-cannon psychiatrist through a city deranged by stock-market stormsAn immolated teenager flailing in a run down tenement. A doubledecker bus suspended above a calm sea bay. A dishevelled middle-aged couple frolicking down a high street, caught in their own private musical. There’s an irrepressible fountain of dream imagery erupting out of Nick Cheung’s fourth feature, which imagines Hong Kong after the 2008 financial crash as a nightmarish inland empire awash in outrage, anguish and guilt. “Other people’s money!” crows one investor – but the real business here is other people’s dreams.Loose-cannon psychiatrist Dr Man (Terrance Lau) is under censure from his bosses for investigating his patients’ private lives. Maybe it’s his own uneasy dreams that motivate him to trespass, though a new bizarre case gives him added cause to go the extra mile. A narcoleptic taxi driver admitted to hospital after nodding off and ...

Science

1 week ago How the stock market made back all its losses after Trump escalated the trade war

It felt much longer, but the U_S_ stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”

Politics

1 week ago My British bitcoin holding company had its IPO two weeks ago and shares have doubled

The Smarter Web Company launched its IPO with a price of 2.5 pence per share, raising £1million through its IPO alone.

Politics

1 week ago Trump’s Truth Social posts make no sense – what do they say about his mentality?

The president’s little used social media platform offers him a forum for his nonstop haranguing and score-settlingNo political leader has used social media quite like Donald Trump. But his recent posts on Truth Social, the social media platform he founded in 2021, have become increasingly bizarre: the president using the lack of scrutiny afforded by the platform’s small user base to truly let loose.In the hundreds of “Truths” since he took office, Trump has variously used Truth Social to reimagine himself as a king and to urge Americans to “BE COOL!” as the stock market tanked in the wake of his trade war, the president’s seemingly random use of capital letters, punctuation and inaccurate spelling consistent across the messages. Continue reading...

Politics

1 week ago America says it’s Trump’s economy (despite his constant blaming of Biden)

Donald Trump has consistently blamed Joe Biden for the turbulent stock market after the president triggered a global trade war with his tariffs

Politics

1 week ago Wall Street and European markets finish week on a high after US jobs report

FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figuresMarkets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in April, offering a glimmer of hope that the world’s largest economy was in a better-than-feared position to withstand the fallout from Donald Trump’s tariffs.On Wall Street the S&P 500 was up 1.5% and the Dow Jones rose 1.3% by early afternoon on Friday, while European markets closed sharply higher after official figures showed the US workforce grew by 177,000 last month. Continue reading...

Politics