Prime Minister Rishi Sunak said British welfare claimants saw a “huge” rise in their benefits this year, and signalled that real-terms cut could be on the cards ahead of the general election.
UK Prime Minister Rishi Sunak said he would attend the United Nations COP28 climate change conference in the UAE this winter, though warned against a “hair shirt” approach to green policies.
New York Mayor Eric Adams asked agencies to submit proposed annual budget cuts of 5% by November as the city seeks to manage the financial burden of taking in a wave of 110,000 migrants.
Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just yet. Next week will help determine if they’re right.
Companies storming the bond market at record-breaking pace made one thing clear: They don’t expect rates to stay elevated for long.
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.
Ukraine is prepared to file a complaint at the World Trade Organization if Poland introduces a unilateral ban on Ukrainian grain, said Deputy Economy Minister Taras Kachka.
London added a new twist to the skyscraper stair-climb races held in many cities — allowing the runners to zipline from the finish line.
Group of 20 leaders agreed on a joint statement including compromise language on Russia’s invasion of Ukraine that won praise from the US and its allies but drew bitter criticism from Kyiv.
Former Google CEO Eric Schmidt has backed out of purchasing a superyacht that’s been abandoned in Antigua for over a year, after the sale became mired in lawsuits.
