UK plans to create pension megafunds with aim of unlocking $100 billion for investment
LONDON (AP) — British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and ...
Japan's economy grows for a second straight quarter on the back of consumer spending
TOKYO (AP) — Japan’s economy eked out an annual rate of 0.9% growth in the July-September period as consumer spending held up, government data showed Friday. The world’s fourth-largest economy grew ...
Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
WASHINGTON (AP) — A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — was ...
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Trump Chooses Anti-Vaccine Activist Robert F. Kennedy Jr. As Health Secretary
President-elect Trump expected to nominate anti-vaccine activist Robert F. Kennedy Jr as head of the Department of Health and ...
Powell 'certainly' intends to stay at Fed until chairmanship ends
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal. Reserve, while making it clear the central bank is not "in a hurry" to lower interest rates.
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Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in on Nov. 7. (AP Photo/Mark Schiefelbein) · ASSOCIATED PRESS Last week, the Fed cut rates by a ...
European committee takes a second look at Alzheimer's drug and now says it should be approved
A European regulatory committee now recommends approval of the Alzheimer’s treatment lecanemab a few months after rejecting the drug.
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Satire Publication The Onion Buys Alex Jones' Infowars at Auction With Sandy Hook Families' Backing
Satirical news outlet The Onion acquires Alex Jones' Infowars in bankruptcy auction, backed by Sandy Hook families seeking ...
Tesla stock falls 4% as Trump trade fades, EV tax credits come under threat
Tesla ( TSLA) stock fell as much as 4.7% on Thursday as the stock's post-election gains faded amid a cooling of the Trump trade and a new report from Reuters that suggested EV tax credits could be cut ...
Swiss chocolatier serves up Middle Eastern flavors as ‘Dubai chocolate’ craze hits Europe
“It’s a good thing if more people start to like chocolate and regularly eat chocolate — it expands the market in places like Asia and the Middle East,” said Roger Wehrli, the director of ChocoSuisse, ...
Medical King recalls 222,000 adult bed assistance rails after one reported death
The CPSC says those nine recalls, along with two other product warnings, have been associated with serious injuries and a total of 18 reported deaths. Among other bed rail recalls issued over the last ...
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Food prices worried most voters, but Trump's plans likely won't lower their grocery bills
About 7 in 10 voters-- including 70% of women and 63% of men -- said they were very concerned about the cost of food and groceries, according to AP VoteCast, a survey of more than 120,000 voters. Only ...