Business and Economy

Business and Economy Latest News

UK govt changes budget rules to borrow more for investment
UK govt changes budget rules to borrow more for investment
by  AFP

UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment in the centre-left government's maiden budget, but warned of tax rises and spending cuts. Reeves confirmed that "taxes will need to rise" in the budget, without revealing many details on which taxes will be included.

Sales of new US homes at highest level in over a year
Sales of new US homes at highest level in over a year
by  AFP

Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates. The rate was higher than a consensus of analysts expected.

Energy

Money

Industry

Technology

Economy