LONDON (Reuters) – Britain’s government has ended its push to use increases in the minimum wage to narrow the gap between the lowest earners and those on higher pay, offering some relief to employers after this year’s nearly 10% jump. Britain’s minimum wage for workers…
In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it is spending $18.3 billion to buy SRS Distribution, a huge building-projects supplier that counts professional roofers, landscapers and pool contractors as its…
Gold price soars to all-time high of $2,225, defying rising Treasury yields and a robust US Dollar. Fed Governor Waller’s hawkish comments and upbeat US data were no excuse for the advance in Gold and the US Dollar. Market anticipation builds for the upcoming release of the Fed’s Core PCE…
Ethereum co-founder Vitalik Buterin has proposed a new framework to incentivize Ethereum decentralization by penalizing correlated failures among validators. According to the research proposal submitted by Buterin, large-scale staking groups, and organizations have an undue advantage over smaller players, creating an imbalance in the decentralized staking sector. “The theory is…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets:…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the two photos Maddock posted on the platform called X, formerly known as Twitter, showed an Allegiant Air plane. The other…
By Emma Rumney LONDON (Reuters) – Philip Morris International (NYSE:) is preparing…
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WASHINGTON (Reuters) – Some former FTX customers expressed anger and disappointment on…
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USD/JPY hovers at 151.28, with traders wary of potential Japanese market intervention…
POLITICS
View MoreSpeaker Mike Johnson informed Senate Majority Leader Chuck Schumer that the House will send the impeachment articles against Department of Homeland Security Alejandro Mayorkas to the Senate on April 10, according to a letter obtained by CNN, the next step in having an impeachment trial in the upper chamber. The House impeached Mayorkas on February 13 by an extremely narrow margin, making him the first Cabinet secretary to be impeached in almost 150 years. House Republicans impeached Mayorkas last month after failing to do so on their first try, a stunning loss that came about after GOP defections and absence sank the initial floor…
Baltimore was sleeping when the fully laden cargo ship, adrift and without power, slammed into the Francis Scott Key Bridge, bringing it down in seconds. Had the disaster taken place…
Attorneys for Hunter Biden and special counsel David Weiss are set for a courtroom showdown Wednesday over the future of his felony tax indictment. Weiss charged President Joe Biden’s son…
Even before most Americans woke up Tuesday morning to news of the collapse of the Francis Scott Key Bridge in Baltimore, wild conspiracy theories about what supposedly had “really” happened were…
Markets
View MoreInvesting.com – Germany stocks were mixed after the close on Thursday, as gains in the , and sectors led shares…
Finance
View MoreSatellite images show China’s mock-up of Taiwan’s presidential office at a desert training site.It is not the first time China has built such mock ups, which…
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(Reuters) – President Volodymyr Zelenskiy told the speaker of the U.S. House…
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Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. What is Brian Roberts going to do? The Comcast boss is watching an unceasing five-alarm fire rage at 30 Rock, scarring the reputation of NBC News…
Economy
PARIS/SHANGHAI (Reuters) – China’s commerce minister will travel to Europe in April…
Fintech
A millennial manager has received praise online for giving her Gen Z…