Category: tough
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Reeves faces tough choices as fiscal headroom vanishes, raising tax hike fears
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Economists have warned that Chancellor Rachel Reeves has exhausted the temporary store of 9.9 billion pounds, which may force her to raise the income tax to cover unexpected economic shocks. The National Institute for Economic and Social Research (NIESR) said that slow growth and high interest rates have already eliminated…
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Tough EU regulations removing popular cars from Israel
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The auto industry is preparing to meet emissions and safety regulations in the new European Union, which has entered into force today. Manufacturers are obliged to sell new vehicles in the European Union to “empty” pollution models, and to equip all models with new safety systems, including identifying the road…
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US Interior Secretary Deb Haaland reflects on tough choices during a historic tenure
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Breadcrumb links PMN BMN Business Article writer: Associated Press Susan Montoya Bryan Posted on January 19, 2025 • 6 minute read You can save this article by registering for free here. Or log in if you have an account. Article content ALBUQUERQUE, N.M. (AP) — It started to get real…
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US Interior Secretary Deb Haaland reflects on tough choices during a historic tenure
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Breadcrumb links PMN BMN Business Article writer: Associated Press Susan Montoya Bryan Posted on January 19, 2025 • 6 minute read You can save this article by registering for free here. Or log in if you have an account. Article content ALBUQUERQUE, N.M. (AP) — It started to get real…
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UK sees record wave of business closures amid tough environment
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Britain has recorded its highest number of company closures in two decades, with the last quarter of 2024 seeing 198,046 companies removed from the official register. This figure, revealed by research firm Bowhurst, exceeds levels last reached in 2021 and in the wake of the 2008 financial crisis. Henry Worwood,…
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Thyssenkrupp steel head prepares staff for ‘tough’ cuts By Reuters
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FRANKFURT (Reuters) – ThyssenKrupp’s (ETR:) steel division’s new head told a German newspaper that its 27,000 steelworkers should prepare for deep cuts, paving the way for a large number of layoffs. “Strict cuts are necessary. We have to become more profitable,” said Dennis Grimm, spokesman for the executive board of…
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Maryanne Ochola: The CEO who’s a sunshine, even through tough times
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Marian Ochola walks in the sunlight. Managing Director, Endeavor Kenya, is a magnetic force of energy. She knows all about pain too. The story unfolds: While losing her father; She was losing her marriage too. But she didn’t lose her smile. I stop to think about the courage it takes…
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Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports By Reuters
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(Reuters) – Southwest Airlines Co warned its employees it will soon make tough decisions as part of a strategy to restore profits and face demands from activist investor Elliott Investment Management Inc, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to…
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Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports By Reuters
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(Reuters) – Southwest Airlines Co warned its employees it will soon make tough decisions as part of a strategy to restore profits and face demands from activist investor Elliott Investment Management Inc, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to…
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DOT, POL, XRP, ADA face a tough rival expected to rise from $0.03 to $15 by end of 2024
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. A new digital asset poised to rival DOT, POL, XRP, and ADA, with an expected rise from $0.03 to $15 by the end of 2024. Cryptocurrencies like DOT, POL, XRP,…
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DOT, POL, XRP, ADA face a tough rival expected to rise from $0.03 to $15 by end of 2024
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. A new digital asset poised to rival DOT, POL, XRP, and ADA, with an expected rise from $0.03 to $15 by the end of 2024. Cryptocurrencies like DOT, POL, XRP,…
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Stocks claw back after tough September start
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Gasoline prices have been trending lower as oil prices have fallen and gasoline futures (RB=F) are nearing three-year lows. The average price of gasoline at the pump on Wednesday hit a six-month low of $3.32 a gallon, about $0.49 less than exactly a year ago, according to AAA data. “Coinciding…
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Smotrich’s 2025 budget plan: Tough measures to pay for war
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Finance Minister Bezalel Smotrich today presented his plan for the 2025 budget. “I pledge to do everything I can to achieve the deficit target of 4%,” Smotrich said. Smotrich outlined measures to achieve this, including freezing public sector salaries, tax brackets, allowances and pensions, increasing income tax on the lowest…
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The S&P 500 is having a tough time with 5640
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Why it’s tough to make the ‘hero trade’ here
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Nasdaq Weekly This is a good place to jump into a lot of things. There are plenty of times when strong hands intervene in the market; the economy isn’t that bad, there’s no financial crisis, and companies are still making money. The Fed is lagging behind, but it has more…
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Njuguna Ndung’u takes a breather after tough run at Treasury
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For Njuguna Ndung’u, his dismissal along with 21 other cabinet ministers two weeks ago marked the end of one of his most difficult tenures as national treasurer. Professor Ndung’u, a quiet economist, took over as Treasury Minister when the country was facing one of its worst dollar shortages, and as…
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Trouble for China hedge funds? Reuters: Brace for upheaval from tough new rules
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Housing inflation remains the big question but answers are tough
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There are those who say housing inflation in the United States is a problem that will never go away. Below is a recent chart from Apollo, highlighting the rise in US home prices as well as rent. Does anyone else see a problem here? Granted, the rental numbers and equivalent…