Senate Democrats now have their plan to extend expiring Obamacare subsidies, but it’s unlikely that Senate Republicans will give it the green light. Senate Minority Leader Chuck Schumer, D-N.Y., unveiled Democrats’ plan to prevent the subsidies from expiring by the end of this year on Thursday. Senate Democrats’ strategy, which mirrors the option on the table put forth by House Democrats, would extend the subsidies for three years with no tweaks or reforms. ‘I’m announcing...
Secretary of War Pete Hegseth ‘acted within his authority’ by sharing sensitive details about Houthi strikes over Signal, Armed Services Chairman Roger Wicker said after viewing a report from the Pentagon Inspector General (IG). ‘It is clear from the reports that the Secretary acted within his authority to communicate the information in question to other cabinet level officials,’ the Mississippi Republican said in a statement. ‘It is also clear to me that our senior leaders...
Britain is on the cusp of an entrepreneurship surge that could reshape the workforce and inject billions into the economy, according to new research revealing that one in ten adults plans to start a business within the next year, the equivalent of more than 5 million people. The findings, published in the Entrepreneurship Revolution report from Block and Public First, paint a picture of a UK increasingly powered by independent enterprise, side-hustles and digital-first microbusinesses....
Here we go again. After a resounding 99–1 defeat in the Senate earlier this year, the Big Tech oligarchs are hard at work doing what they do best: trying to sneak a massive corporate giveaway into must-pass legislation in the dead of night. This time, they’re targeting the National Defense Authorization Act, a bill essential to our military and national security, as the vehicle for decade-long AI amnesty. Or another must-pass bill, if the NDAA...
Absent direct military action, President Donald Trump is running low on options amid his standoff with Venezuelan President Nicolás Maduro, according to experts. Strikes near Venezuelan waters aimed at drug traffickers, sanctions and a $50 million bounty have so far been unsuccessful in forcing Maduro, whom the U.S. has designated as a leader of the Tren de Aragua drug cartel, to step down from power. After repeated threats, adversaries may now view a lack of...
Two of London’s oldest and most storied food markets, Smithfield and Billingsgate, are set to begin a new chapter in the Docklands after the City of London Corporation confirmed Albert Island as their future home. The decision marks a dramatic turnaround after both markets appeared destined for closure last year when rising costs forced the Corporation to abandon a £740 million relocation plan to Dagenham. At the time, traders feared the historic meat and fish...
Mercedes-Benz has placed a significant vote of confidence in the UK’s advanced manufacturing sector after confirming a £20 million partnership to develop high-performance electric vehicle technology, creating 150 skilled jobs across Northamptonshire and Oxfordshire. The German manufacturer will invest £10 million of its own capital, matched by a further £10 million from the UK government, to develop next-generation high-power drive systems for electrified and hybrid performance cars. Crucially, the work will draw on Formula 1...
The Bank of England has warned that the global race to build artificial intelligence infrastructure is increasingly being fuelled by debt, creating a growing risk to financial stability if the current AI boom turns into a market correction. Governor Andrew Bailey said valuations of AI-driven technology companies were now approaching levels last seen during the dotcom bubble in the US, and levels not seen since the financial crisis in the UK and EU. The Bank’s...
Selling beyond your home market sounds simple until real customers start paying in currencies your system barely understands. A smooth global checkout relies on more than showing the right symbol or converting a total at the last second. It depends on tools that read regional habits, manage shifting rates and keep the payment step feeling familiar no matter where the shopper sits. When those pieces line up, the process feels effortless. When they do not,...
The U.S. Institute of Peace has been formally rebranded as the Donald J. Trump Institute of Peace, marking the latest step in the president’s months-long effort to dismantle the congressionally created agency. The name change comes after a turbulent year for the organization, which the Trump administration has sought to shut down while shifting its authority to the Department of Government Efficiency (DOGE). The institute has been fighting the move in federal court, but layoffs...
