Bond Market Shudders as Tax Bill Deepens Deficit Worries
Financial markets are looking for more “fiscal discipline” from Washington, a top official at the Federal Reserve warned. Source: Original News
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Federal agents descend on the suspect’s apartment building in Chicago.
Source: Original News
Republicans Pass Strictest Medicaid Work Requirement They Have Ever Put Forward
A new hurdle for poor Americans, approved by the House, would cause millions to lose coverage, including many who are working but can’t meet reporting rules. Source: Original News
Starmer announces U-turn on winter fuel payment cuts
The move follows political pressure in recent weeks after Labour losses at England’s local elections. Source: Original News
M&S website back online, allowing users to browse
After going down overnight, the website is open for browsing again, but online orders remain suspended after the recent cyber attack. Source: Original News
‘World’s greatest designer’ Jony Ive joins OpenAI to ‘reimagine’ computers
The man who designed the iPad, iMac and iPhone will try to come up with a new generation of products for the AI era. Source: Original News
Nike to raise prices as firms face tariffs uncertainty
The US sportswear giant says its price increases are part of “seasonal planning”. Source: Original News
Tax rise warning after higher-than-expected UK borrowing
Government borrowing hit £20.2bn in April, leading analysts to say the prospect of tax rises later this year is increasing. Source: Original News
House Passes Trump’s Domestic Policy Bill, Overcoming Last-Minute Resistance
The victory for Republicans came after Speaker Mike Johnson made concessions to holdouts in several factions and President Trump pressured the party to fall in line. Source: Original News
Funding Cuts Are a ‘Gut Punch’ for STEM Education Researchers
More than half of the National Science Foundation grants terminated since April fund programs that would help students train in science, engineering and math. Source: Original News