Political/General News
- Market
$1.9 trillion coronavirus aid package set to clear House late tonight
House Democrats hope to clear President Joe Biden’s $1.9 trillion economic package late Friday and send it on to the…
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This CPAC ‘golden calf’ Trump statue is spurring backlash of Biblical proportions
This is pure Twitter gold. The 2021 Conservative Political Action Conference (CPAC) kicked off in Orlando this week with someone…
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Consumer sentiment improves slightly in late February, but Americans still have big doubts about the economy
The numbers: Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of…
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London’s left behind as England’s 15 least vaccinated areas located in the capital
The 15 areas in England to have vaccinated the lowest proportion of adults so far are all in London. The…
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BA owner calls for digital vaccine passports to kickstart travel, boost ailing industry
The International Airlines Group, which owns British Airways, has called on the government to introduce digital Covid-19 vaccine passports so…
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EU to roll out digital vaccine passports to restart travel within the bloc
Leaders of the European Union have agreed that a “digital vaccination certificate” is necessary to allow travel within the bloc.…
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$15 minimum wage won’t make it into Biden’s $1.9 trillion COVID relief package — but lawmakers have other options
Democratic lawmakers pushing to increase the federal minimum wage to $15 an hour were elated when President Joe Biden included…
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Why the Brexit battle over London’s derivatives dominance may drag on for years
The battle for London’s trading and clearing of derivatives is heating up. But it probably won’t be settled any time…
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Covid has ravaged the UK’s finances — can Chancellor Rishi Sunak fix this?
Balancing the UK’s fiscal policies over the next year will be an unforgettable challenge for Chancellor Rishi Sunak. The keeper…
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Biden orders airstrikes against Iran-backed militia in Syria
WASHINGTON — The United States launched airstrikes in Syria on Thursday, targeting facilities near the Iraqi border used by Iranian-backed…
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Why the Bank of England needs a monetary framework review to keep policy at the frontier
The Bank of England has built an enviable reputation as a central bank at the forefront of modern policymaking. This…
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‘We would have to resist very firmly’: BoE’s Bailey braces for €84tn Brexit battle for London’s derivatives crown
The Bank of England governor Andrew Bailey issued a warning about how the Brexit battle for London’s financial crown could…
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Vanguard, BlackRock singled out for $170bn coal exposure
Vanguard and BlackRock, the world’s two largest asset managers, have been singled out for having the highest exposure to the…
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St James’s Place to axe 200 jobs after Covid hit to profits
St James’s Place, the UK listed wealth manager, plans to axe 200 jobs following an almost 40% drop in pre-tax…
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Positive news on COVID vaccines weighs against concerns over new variants
The COVID-19 vaccine developed by Pfizer Inc. and German partner BioNTech SE has proved to be as effective in the…
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Jefferies backtracks on staff jab plan after memo demanded ‘verification of vaccination’
US investment bank Jefferies has backtracked on a policy that would have required all of its staff to receive a…
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Global travel uncertain, UK’s transport secretary warns, as EU discusses vaccine passports
Travel should be able to resume on 17 May but it is dependent on “lots of factors, many of which…
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AXA takes €1.5bn hit from Covid-19 claims
Insurance giant AXA took a €1.5bn hit due to claims as a result of the global pandemic that took hold…
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Dow ends shy of 32,000 milestone, books record as Powell testimony awakes bulls on Wall Street
The Dow Jones Industrial Average on Wednesday closed at a record, just shy of the 32,000 milestone, after Federal Reserve…
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The new USPS trucks are delivering strong reactions — here are some first-class responses
These new mail trucks don’t have everyone’s stamp of approval. The U.S. Postal Service (USPS) has rolled out a preview…
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This stock fund may be for you if you want to sleep well at night and still make money
Just about every financial adviser recommends that individual investors avoid timing the stock market. That advice can go in one…
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Citi’s Leo Arduini: ‘European players are back big time’
Leo Arduini was skiing in Italy last February when he realised just how much of a threat Covid-19 would pose…
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J&J’s COVID-19 vaccine nears authorization as FDA says it has no ‘specific safety concerns’
The Food and Drug Administration said that Johnson & Johnson’s single-dose COVID-19 vaccine candidate has no unexpected safety concerns, in…
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These are the stocks helping to tank the high-flying ARK Innovation ETF over the past week
(Updates story with closing prices for Feb. 23.) The Ark Innovation ETF has been a top performer. But there are…
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HSBC plans 40% office space cut as Covid shifts bank to flexible working
HSBC is cutting its global office space by up to 40%, as the vast remote working programme over the course of the…
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Billionaire philanthropy is a ‘PR scam,’ says CEO who raised his workers’ minimum pay to $70,000
He’s not buying what America’s billionaires are selling. The CEO known for increasing his employees’ base annual pay to $70,000…
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Lockdown lift to allow gatherings by Easter, open schools on 8 March
Prime Minister Boris Johnson will set out his roadmap today to ease pandemic restrictions that have been in force for the…
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Roadmap to lift UK’s third lockdown: Here’s the timeline plus what you can and can’t do
Prime Minister Boris Johnson has set out plans to “cautiously but irreversibly” lift the UK out of its third national lockdown,…
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U.S. death toll atop 500,433 as Biden calls for unity, face masks and vaccination ‘when it’s your turn’
Just one day after the U.S. recorded half a million deaths from the coronavirus-borne illness COVID-19, the death toll hit…
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Working from home set to continue until June under lockdown exit roadmap
Mass working from home will continue until June at the least under a roadmap to exit lockdown laid out by…
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‘A necessity, not a token’ – What it’s like to be LGBTQ+ in fintech and the City
As the City tries to become more diverse, companies are considering who to turn to for answers. In 2021, diversity…
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Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks
A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to…
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Billionaire fund manager Alan Howard takes stake in British bitcoin startup
Billionaire hedge fund mogul Alan Howard and a selection of current and former Goldman Sachs partners are among the backers…
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Coronavirus cases in London drop to 1 in 125 positive tests in mid-February
One in 125 people in London tested positive for Covid-19 on 12 February, the Office for National Statistics estimated in…
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Invesco tops ‘dog funds’ list for sixth time
Invesco has topped a twice-yearly list of worst-performing investment funds for the sixth time running, with almost a dozen of…
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UK to review Covid certificates in a move towards reopening venues
The UK government will conduct a review into the potential role of Covid-status certification in helping venues reopen safely as…
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City of London to halt the removal of slavery-era statue
The removal of a statue depicting a former London lord mayor from the 18th century has been halted, after a…
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