Martin Lewis urges Rishi Sunak to extend £20 a week Universal Credit boost to millions on old benefit system
MARTIN Lewis will urge Rishi Sunak to extend the £20 a week Universal Credit boost to the millions of people that are on the old benefits system.The
The Sun · 2 hours ago · By Levi Winchester
EMERGING MARKETS-China, Indonesia lead Asian stocks lower as U.S. yields rise again
* Malaysia leaves interest rates unchanged at 1.75% * China stocks fall over 2%; Taiwan, S.Korea closed over 1% lower By Nikhil Nainan March 4 (Reuters) - China and Indonesia led a sell-off in Asia's emerging stock markets on Thursday as U.S. Treasury yields rose again,...
Reuters · 13 hours ago · By Nikhil Nainan
Tory corporation tax cuts didn’t boost investment, says Rishi Sunak
Years of business tax cuts have not increased investment, Rishi Sunak has said, unravelling decades of Conservative orthodoxy.The chancellor defended his plans to raise corporation tax to 25 per cent
www.thetimes.co.uk · 9 hours ago · By Henry Zeffman, Chief Political Correspondent
Rishi Sunak will need to increase taxes by £15bn more to control debt, says Resolution Foundation think tank
Rishi Sunak will need to raise taxes by another £15 billion, or cut spending by an equivalent amount, to bring the national debt under control by the middle of the decade, the Resolution Foundation
www.thetimes.co.uk · 12 hours ago · By Philip Aldrick, Economics Editor
Rising bond yields spook world shares as investors look to Powell
Resurgent worries about rising U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell will address concerns about the risk of a rapid rise in long-term borrowing costs.
Reuters · 21 hours ago · By Hideyuki Sano
Budget Spring 2021: Cost of pandemic will be paid back by 'many governments over many decades'
The stamp duty cut will continue until the end of June, with the nil rate band set at £250,000 - double its standard level - until the end of September, the Chancellor Rishi Suank said.
Daily Mail · 20 hours ago · By Jack Wright
U.S. Treasury Yields Extend Climb After Powell’s Comments
The Fed chairman said the central bank’s current policy stance is appropriate, disappointing some investors who had been hoping that he might signal greater concern with the recent increase in Treasury yields.
Wall Street Journal · 2 hours ago · By Sam Goldfarb and Sebastian Pellejero
Asian Shares Track Wall St Decline as Bond Yields Rebound
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
U.S. News & World Report · 14 hours ago
Illinois' long-term debt balloons to more than $300B
Illinois’ long-term debt has passed a grim milestone. Rating firm Moody’s Investors Service announced Wednesday that Illinois’ adjusted net pension liabilities (ANPL) spiked 19% in 2020 to $317 billion. The figure was $261 billion in 2019.
Washington Examiner · 7 hours ago
A financial transaction tax may be aimed at hurting Wall Street. But it will hit Main Street investors instead
In the wake of the GameStop stock trading frenzy, the Biden administration recently said it's worth evaluating the impact of a tax on financial transactions, which would include the purchases and sales of stocks, bonds and derivative contracts, such as options and futures. Some claim such a tax could stabilize markets and raise revenue. They say it's a simple and easy way to raise billions of doll...
CNN · 7 hours ago · By Opinion by Fred Tomczyk for CNN Business Perspectives
BUZZ, the ETF of Social-Media Darlings, Drops in Trading Debut
The exchange-traded fund doesn’t include GameStop or AMC, but it does have Tesla, DraftKings and other stocks frequently talked up on Reddit and Twitter.
Wall Street Journal · 58 minutes ago · By Michael Wursthorn and Sebastian Pellejero
Britain Lifts More Curbs on 'Dark' Trading to Limit Stocks Brexodus
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money.usnews.com · 3 hours ago
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