The biggest loser on election night was the supreme leader of Iran, Ali Khamenei. The Tehran regime has spent years plotting Donald Trump’s assassination, only to see him return to the Oval Office with greater popular support than ever. Trump knows that he had Khamenei on the ropes when his first term ended. ‘Iran was broke under Donald Trump,’ the ...
The incoming Senate Republican Conference will meet to hold secret ballot elections for several leadership positions on Wednesday morning, including the successor of Senate Minority Leader Mitch McConnell, R-Ky., who will lead the Republican majority next year. At 9:30 a.m., the conference for the 119th Congress will select a new leader, Republican whip, conference chair, Republican policy committee chair, vice ...
Romina Boccia For nearly 90 years, a widespread misconception has shaped how Americans view Social Security. Many believe that their payroll taxes are saved in a trust fund, to be drawn down when they retire. But in reality, Social Security has never operated as a savings system. Instead, it functions as an income transfer program, where the taxes collected from today’s ...
The Post Office has announced potential closures of 115 Crown Post Office branches, placing up to 1,000 jobs at risk in a significant restructuring aimed at reducing losses. The proposed changes may lead to franchise arrangements with third-party operators like WHSmith taking over affected branches. However, this shake-up has drawn sharp criticism from unions and community advocates. The Communication Workers ...
HMRC will reduce the interest rate it charges on late tax payments to 7.25% from 18th November, following the recent cut in the Bank of England’s base rate. However, this reduction highlights a stark disparity: taxpayers will receive only 3.75% interest on tax refunds, leaving a 3.5% gap in favour of HMRC. The revised interest rates apply to new tax ...
Celebrating the best in British business, the Lloyds British Business Excellence Awards last night honoured entrepreneur and style icon Trinny Woodall with its prestigious Inspiration Award. London’s Grosvenor Hotel set the scene for an evening celebrating Britain’s business elite at the Lloyds British Business Excellence Awards. With twenty categories spotlighting the country’s most innovative and resilient businesses, the ceremony’s highlight ...
House Republicans are gathering behind closed doors Wednesday to elect their leaders in the next Congress. Speaker Mike Johnson, R-La., Majority Leader Steve Scalise, R-La., and Majority Whip Tom Emmer, R-Minn., are all running for their current roles again with no stated challengers as of Tuesday afternoon. National Republican Congressional Committee Chair Richard Hudson, R-N.C., is also running for another ...
Just over a week after his sweeping election victory, former and future President Trump returns to the White House on Wednesday. Trump is returning to 1600 Pennsylvania Ave., his first time back in nearly four years, at the invitation of the man he knocked out of the 2024 White House race: President Biden. The two presidents will sit down in ...
Elon Musk, who was selected by President-elect Donald Trump to head the Department of Government Efficiency (DOGE) with former Republican presidential candidate Vivek Ramaswamy, shared some insight on X on Tuesday into how the department will operate. Musk said that the department will take suggestions and concerns from everyday Americans regarding how the government spends money. ‘Anytime the public thinks ...
Barclays has introduced the Business Prosperity Index, a new quarterly report offering a detailed view of UK business performance and growth opportunities. Created with the Centre for Economics and Business Research (Cebr), the index combines data from over one million Barclays business clients—including lending, cash flow, and international payments data—and survey insights from 1,000 business leaders, providing a comprehensive gauge ...