BBC · 3h ago
Will I get the £100 energy payment and when will I receive it?
Here is what you need to know about the payment that millions will receive from January.
BBC · 4h ago
Your pay, energy bills and savings: How the Budget affects you
Changes announced by Chancellor John Healey in his first Budget will affect your finances directly. Here's how.
The Guardian · 6h ago
Trump says government to ‘terminate’ Biden-era methane emissions rules
Critics warn of climate danger as president in Texas claims change will save companies and consumers billionsDonald Trump said his administration is “terminating” Biden-era regulations holding oil and gas companies accountable for large leaks of planet-warming methane during a rally in Lubbock, Texas, on Tuesday evening.“Tonight, I’m officially terminating Biden’s expensive and unnecessary methane regulations to save consumers and energy producers,” Trump said, lifting what he called “crippling regulations on methane that caused prices to skyrocket” for small oil and gas operators. The change would save consumers and energy producers $45bn and unlock 210m barrels of oil, he said, which is equivalent to about 10 days of US petroleum consumption. Continue reading...
BBC · 10h ago
You may get the right to find out what your colleagues earn - here's why
Employees should legally be able to find out what their co-workers are earning, the UK's equality watchdog says
The Guardian · 19h ago
Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost-of-living crisisFollow our Australian politics live blog for latest updatesGet our daily political email, free app or daily news podcastAustralia’s headline inflation rate has accelerated to 4.3%, with a key gauge that strips out volatile prices also elevated, sharpening expectations of another interest rate rise next week.The Reserve Bank of Australia’s preferred measure of consumer prices, called underlying inflation, came in at an annual 3.6% to September. Continue reading...
The Guardian · 21h ago
Plan for multibillion-pound Sizewell nuclear plant a ‘terrible deal’ for UK taxpayers, MPs say
The public accounts committee has said the risk to billpayers is ‘extraordinary’The government’s plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk represents a “terrible deal” for the UK taxpayer over the rest of the century, according to the government’s spending watchdog.MPs on the public accounts committee (PAC) have warned the government that the cost of the Sizewell C nuclear reactor could spiral to almost £48bn, leaving bill payers on the hook to provide an extra £9.8bn to construct the plant before 2040 and a further £12bn over its 60-year operating life. Continue reading...
BBC · 22h ago
China's families are now supporting more old people than kids
The latest figures mark a major milestone as Beijing grapples with an ageing population.
The Guardian · 1d ago
San Francisco estate sells for record $10m above listing price as AI boom drives up costs
Eight-bedroom mansion listed at $18.5m sold for $28.5m and has a private garden and three-car garageA San Francisco estate sold for $10m above its listing price this month in a new record for the city as the artificial intelligence boom continues to drive up real estate prices.Located in the city’s tony Presidio Heights neighborhood, the eight-bedroom mansion was listed at $18.5m on 2 October and ultimately sold for $28.5m on 22 October, according to the property’s listing. Continue reading...
The Guardian · 1d ago
The survival of American democracy depends on taxing billionaires
It is essential not just to fund the public goods the nation needs, it is indispensable to restore a sense of fairnessMoney doesn’t buy happiness, we’re told. Even some economists agree. The Nobel prize-winning economists Daniel Kahneman and Angus Deaton once proposed that rising income increased people’s emotional wellbeing only up to a ceiling of about $115,000 in today’s money.They probably hadn’t met many billionaires. The ultra-rich may not pursue happiness in the joyful sense of the word. But they will try every trick in the book to hang on to their stash and woe betide the tax authority that tries to lay a finger on their treasure. Continue reading...
NPR · 1d ago
How Aldi is pushing down grocery prices
The German-owned chain's low prices are winning over shoppers — and pushing competitors to respond.
BBC · 1d ago
Donald Trump's biggest economic problem looks strangely familiar
Donald Trump heads into the US midterm elections with an issue similar to his political foe Joe Biden.
The Guardian · 1d ago
Four takeaways from Anthropic’s potentially record-breaking stock market filing
The AI company’s first public financial disclosures reveal explosive growth, huge costs and risks ranging from cyber-attacks to the limits of safeguardsAnthropic has filed to go public on the US stock market, revealing for the first time the AI research lab’s financials and all the risks – more than 90 pages of them – that might negatively affect its business.The company’s investor prospectus, released on Monday, veers from hyperbolic predictions about AI’s “incredible potential” to existential risks of the technology to the reality of its current business: explosive but incredibly expensive growth. The filing to US financial regulators, known as an S-1, provides the public’s first look at an audited version of Anthropic’s finances. Continue reading...
