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MPs brand UK financial regulator 'incompetent'
Nov 25, 2024, 11:13 PM
A report by a group of MPs and peers called for the Financial Conduct Authority to be overhauled.
Trump threatens China, Mexico and Canada with new tariffs
Nov 25, 2024, 8:09 PM
The president-elect said he plans to impose 25% tariffs on Mexico and Canada and an additional 10% on China on his first day in office.
Trump says he will issue executive order to charge Canada, Mexico 25% tariff on goods upon taking office
Nov 25, 2024, 7:04 PM
President-elect Trump on Monday promised to charge tariffs on Canadian, Chinese and Mexican goods in response to illegal immigration and illicit drugs.
Trump Plans Tariffs on Canada, China and Mexico That Could Cripple Trade
Nov 25, 2024, 7:51 PM
The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.
U.S. Says Google Is an Ad Tech Monopolist, in Closing Arguments
Nov 25, 2024, 1:37 PM
The two sides made their final cases to a federal judge Monday in a trial over the tech giant’s dominance in technology that sells ads online.
The ‘Rocket Docket’ Judge Who Will Decide the Fate of Google’s Ad Technology
Nov 25, 2024, 11:12 AM
The ruling by a federal judge, Leonie Brinkema, in an antitrust case over Google’s advertising technology could add to the internet company’s woes.
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
Nov 25, 2024, 7:33 PM
President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social.
Cash for job centres and mental health services to boost workforce
Nov 25, 2024, 7:14 PM
The government reveals a £240m investment plan to increase the number of people working in Britain.
AI spurs 'revolution' for some visually impaired people
Nov 25, 2024, 7:07 PM
AI services that can describe pictures and scenes are helping the visually impaired.
Wall Street issues its most bullish S&P outlook yet for 2025
Nov 25, 2024, 4:47 PM
Deutsche Bank chief global strategist Binky Chadha has a 2025 year-end S&P 500 target of 7,000 as he believes the US economy will continue to expand over the next year.
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Nov 25, 2024, 6:39 PM
Ashley Buchanan will be the third chief executive of the department store chain since 2018.
Stock futures inch higher on Monday after Dow closes at another record: Live updates
Nov 25, 2024, 6:02 PM
The Dow Jones Industrial Average hit a fresh all-time high and closed at another record on Monday.
Elon Musk has big return-to-office plans for federal employees and he’s saying the quiet part out loud
Nov 25, 2024, 4:14 PM
The Tesla billionaire and co-head of the Department of Government Efficiency says he wants workers in the office five days a week.
This CEO fired 90% of his staff for missing a morning meeting. He stands by the choice
Nov 25, 2024, 3:53 PM
‘Firing those individuals was the right move for our organization, and we are stronger than ever,’ the CEO later wrote on LinkedIn.
Stock market today: Dow leaps 400 points to fresh high as Wall Street cheers Trump's pick of Scott Bessent
Nov 25, 2024, 4:00 PM
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Walmart must pay nearly $35M to truck driver after accusing him of fraud, firing him
Nov 25, 2024, 3:33 PM
Walmart was ordered this week by a California jury to pay a former employee nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him.
Tesla excluded from EV buyer credits in California proposal
Nov 25, 2024, 3:04 PM
(Bloomberg) -- Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision aimed at spurring greater competition that’s likely to draw the ire of Elon Musk.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge
Do You Use Online Betting Markets? Tell Us About It.
Nov 25, 2024, 12:30 PM
The New York Times is covering the rise of online betting markets. We want to hear about the experiences of people who use them, either for recreational purposes or as a source of income.
Stock market today: Dow, S&P 500 jump after Trump picks Scott Bessent for Treasury
Nov 25, 2024, 3:05 PM
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Macy's says employee 'intentionally' hid up to $154M in expenses
Nov 25, 2024, 12:16 PM
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.
Fiery DHL cargo plane crash in Lithuania seen on video
Nov 25, 2024, 11:49 AM
A DHL cargo plane crashed near an airport in Lithuania early Monday, killing a Spanish crew member and injuring three others on board, officials said.
Stock market today: Dow jumps after Trump picks Scott Bessent for Treasury
Nov 25, 2024, 12:35 PM
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses
Nov 25, 2024, 11:25 AM
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of millions of dollars of expenses.
S&P 500 seen reaching 6,600 next year by strategists at RBC, Barclays
Nov 25, 2024, 10:45 AM
Strategists see falling inflation, resilient economic growth, and rising earnings driving further returns for the S&P 500 in 2025.
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
Nov 25, 2024, 10:06 AM
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.
Macy's says worker hid more than $130m in costs
Nov 25, 2024, 10:01 AM
An employee "intentionally" concealed expenses related to package deliveries, the retailer says.
Macy’s Discovers Employee Hid Millions in Delivery Expenses
Nov 25, 2024, 9:40 AM
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Nov 25, 2024, 9:36 AM
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a New York Times story in August.
Stock market today: Dow, S&P 500, Nasdaq jump after Trump picks Scott Bessent for Treasury
Nov 25, 2024, 9:34 AM
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
Nov 25, 2024, 8:23 AM
"I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday.
Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses
Nov 25, 2024, 8:03 AM
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of millions of dollars of expenses.
Stock market today: Dow, S&P 500, Nasdaq jump after Trump picks Scott Bessent for Treasury
Nov 25, 2024, 9:34 AM
Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.
Barclays fined £40m over 'reckless' Qatar fundraising
Nov 25, 2024, 6:34 AM
The UK's financial watchdog says investors did not have all the information they should have had.
Americans hosting Thanksgiving to spend 19% more than last year: report
Nov 25, 2024, 6:00 AM
Inflation is continuing to strain American households, as LendingTree found Thanksgiving hosts plan to spend 19% more than last year on food, drinks and decor for the party.
US economists more upbeat, see Trump tax cuts extended: NABE
Nov 25, 2024, 6:00 AM
The outlook for the U.S. economy is improving according to a group of leading economists and investors can thank the Federal Reserve and the incoming Trump administration.
Flooding: What are my rights if my home, car or work is affected?
Feb 10, 2020, 8:46 AM
Your rights explained as residents and businesses count the cost of flood damage.
How Trump Could Upend Electric Car Sales
Nov 25, 2024, 5:03 AM
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Budget tax rises will make it harder to hire, says CBI
Nov 25, 2024, 3:14 AM
The head of the CBI will say tax rises seen at the Budget "must never again simply be done to business".
Tourism tax: Wales' plans for charge on visitors to be published
Nov 24, 2024, 5:47 PM
Visitors might pay a charge when staying overnight in Wales under plans to be outlined later.
Treasury to give Scotland £300m as tax hike compensation
Nov 25, 2024, 1:43 AM
UK government says SNP have "no more excuses", though Scottish ministers claimed the move would cost them £500m.
DHL Cargo Plane Crashes Near Airport in Lithuania, Killing 1
Nov 25, 2024, 1:28 AM
The crash near Vilnius Airport sparked a fire in a residential area, an airport official said. Four people were on board.
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Nov 25, 2024, 1:22 AM
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.