Category: News
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You’re not ‘working people’, Keir Starmer tells landlords & shareholders as PM draws battle lines signalling major tax hikes in Budget
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Prime Minister Sir Keir Starmer has sparked controversy by suggesting landlords and shareholders do not fall under his definition of “workers” as Labor prepares for one of the biggest tax rises in modern history. As Chancellor Rachel Reeves prepares to unveil her first Budget next week, the government is expected…
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Trump Pitches Detroit Renaissance While Biden Courts Labor Vote
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Breadcrumb links BMN Business Donald Trump and Kamala Harris are moving through “blue wall” states expected to decide the outcome of the US election, and are betting on high-profile events over the weekend to help push voters to the polls on November 5. Article writer: Bloomberg News Riley Griffin, Jenny…
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Trump Pitches Detroit Renaissance While Biden Courts Labor Vote
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Breadcrumb links BMN Business Donald Trump and Kamala Harris are moving through “blue wall” states expected to decide the outcome of the US election, and are betting on high-profile events over the weekend to help push voters to the polls on November 5. Article writer: Bloomberg News Riley Griffin, Jenny…
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The Artificial Intelligence (AI) Market Size Could Reach $826 Billion by 2030. Here Are 2 Companies That Are AI Stars.
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It’s been a great year like 2024 Artificial Intelligence (AI) stocks, it’s entirely possible that 2025 will be better. There is still a lot of momentum and a lot of positive catalysts on the horizon that could stimulate further growth. This is a market that most major players believe will…
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Joe Rogan Trump interview: Eliminate income taxes, rely on tariffs
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Former President Donald Trump expressed support for eliminating income taxes and replacing the revenue with tariff receipts. During a three-hour episode of The Joe Rogan Experience Friday nightThe Republican front-runner criticized companies that move production from the United States to other countries and threatened them with huge tariffs. He added…
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Cost of running government rises by Sh12bn despite austerity pledge
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The cost of running public offices under the national government rose by about Sh12 billion in the first quarter of the current financial year despite austerity measures announced following the collapse of a new, higher tax plan. Latest data from the National Treasury showed that state ministries, departments and agencies…
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Equal pay lawsuits threaten to cost retailers millions as legal pressure mounts
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Some of Britain’s biggest retailers face the prospect of paying millions in damages due to a wave of equal pay lawsuits, many of which are underpinned by controversial litigation funding arrangements. Last month saw the latest development in a long-running legal case against Asda, with tens of thousands of employees…
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Climate Activism Is No Longer a Young Person’s Game
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Breadcrumb links BMN Business A growing number of pensioners are joining the climate fight, and they’re not afraid of being caught. Article writer: Bloomberg News Olivia Rodgard Posted on October 26, 2024 • 6 minutes read You can save this article by registering for free here. Or log in if…
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With $218k in My IRA at 67, Should I Start Withdrawals to Avoid Bigger RMDs?
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SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I will be 68 soon and plan to wait until I can claim Social Security at 70 to get the maximum monthly benefit. I also plan to retire at the end of the year,…
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With $218k in My IRA at 67, Should I Start Withdrawals to Avoid Bigger RMDs?
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SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I will be 68 soon and plan to wait until I can claim Social Security at 70 to get the maximum monthly benefit. I also plan to retire at the end of the year,…
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How Kamala Harris made her millions—and it’s not from politics
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Compared to Wall Street tycoons, bosses don’t get it I paid a lot While he was in power. Candidates are supposed to be in for a game of “serve country,” more gray, and a book deal in the cards. But Kamala Harris won’t necessarily rely on the potential new salary,…
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Credit Bank to pay trader Sh1.7m in bizarre identity theft saga
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Credit Bank has been ordered to pay Sh1.7 million in compensation to a merchant and non-customer who was wrongly listed as a loan defaulter in a bizarre stolen identity case four years ago. High Court Judge Lawrence Ntheja Mugambi said the bank violated Paul Mosambi Mwatu’s human dignity and integrity…
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Consumer confidence dips ahead of Labour’s first Budget as concerns over tax rises grow
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UK consumer confidence fell in October, as pessimism about the upcoming Budget outweighed optimism caused by lower inflation, according to the latest GfK Consumer Confidence Index. The index fell by one point to -21, recording its lowest reading since March, and highlighting the challenges the Labor government faces in boosting…
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After Years of Blackouts, South Africa is Suddenly Keeping the Lights On
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Breadcrumb links BMN Business Chronic power outages have crippled the economy and disrupted politics for more than 15 years. Then, seven months ago, they just stopped. Article writer: Bloomberg News Paul Burkhart Posted on October 26, 2024 • 5 minute read You can save this article by registering for free…
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The Best High-Yield Oil Stock to Invest $1,000 in Right Now
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If you’re looking at oil and natural gas stocks, there’s one thing you should expect — volatility. Oil prices are known to fluctuate dramatically, and often quickly. Any investor who invests his money, whether it is $100, $1,000, or $100,000, should be prepared for periods of weakness because they will…
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HF eyes Sh5.9bn in rights issue to boost capital, lending
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Listed lender HF Group is seeking to raise Sh5.9 billion through a rights issue to boost its capital and lending. The cash call will see the bank issue 1.49 billion new shares at three per person, with each share priced at Sh4 apiece, reflecting an 11.5 percent discount to the…
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Over 80% of UK small business owners fear Autumn Budget could harm growth plans
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A new study has revealed that 86% of UK small business owners are concerned that potential tax rises and policy changes in the upcoming Autumn Budget could hinder their growth. Key concerns include potential increases in income tax, VAT and National Insurance, as well as higher costs arising from regulatory…
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Shiba Inu Investors Turn Bearish Amid Massive SellOffs At $0.000018, But This Could Be Good News
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Shiba Inu investors turned bearish amid a wave of selling, which halted trading Meme coin pool The price level exceeds $0.000018. Cross-chain analytics platform Santiment provided insights into why this bearish sentiment is positive for the Shiba Inu ecosystem. Shiba Inu investors turn bearish amid selloff Shiba Inu investors have…