Chris Edwards and Yasmeen Kallash-Kyler With spending soaring and debt piling higher, the federal government is driving into a fiscal tornado. The latest figures from the US Treasury show a budget deficit of $1.1 trillion over just the first five months of the current fiscal year, with spending up 13 percent over the same period last year. Spending reforms are long overdue. ...
Canadians upset with President Donald Trump’s tariffs now have an outlet for their anger – a ‘rage room’ business now offers the ability to ‘smash’ the U.S. leader; kind of. Rage Room: Halifax, in the Nova Scotian capital, announced on its website that ‘until the tariffs come off, we understand you might have a little extra rage that you want ...
WASHINGTON — Vice President JD Vance knocked recent globalization efforts that use ‘cheap labor as a crutch’ while simultaneously hampering innovation on the global scale during a Tuesday tech and artificial intelligence speech. ‘Our workers, the populists, on the one hand, the tech optimists on the other, have been failed by this government,’ he said. ‘Not just the government of ...
A bipartisan group of lawmakers is pushing to reform the incentive structure for Pharmacy Benefit Managers (PBMs), arguing that it drives up patient costs by encouraging them to favor higher-priced drugs while withholding potential savings. Led by physician and GOP Iowa Rep. Mariannette Miller-Meeks, the group introduced the ‘Delinking Revenue from Unfair Gouging (DRUG) Act’ on Tuesday, requiring that PBMs ...
The UK government’s decision to integrate artificial intelligence into public sector operations has raised concerns over potential job losses, particularly within the civil service. However, leading software consultancy Scott Logic has argued that the adoption of AI will drive efficiency and open up new opportunities rather than eliminate roles. The civil service workforce has expanded significantly in recent years, now ...
The Justice Department is cracking down on Palestinian militant group Hamas with a new task force aimed at providing justice to the victims of Hamas’ Oct. 7, 2023 attack on Israel. Attorney General Pam Bondi said the group, known as Joint Task Force October 7, would focus on identifying, charging and prosecuting those who conducted the 2023 attacks, which took ...
Angelos Frangopoulos says Ofcom investigation is part of a political campaign against free speech The chief executive of GB News has accused far-left activists of waging a “coordinated political campaign” against the channel after Ofcom launched another investigation into its programming. Angelos Frangopoulos said GB News was facing an “orchestrated attack” by pressure groups seeking to silence the broadcaster, which ...
Jonathan Reynolds will urge Donald Trump’s administration to exempt British steel from punitive tariffs as he embarks on high-stakes trade negotiations in Washington. On Tuesday, the Business Secretary will become the first UK minister to hold direct talks with the new Trump administration, aiming to secure crucial exemptions from the US president’s global tariff regime. Mr Reynolds is set to ...
In today’s fast-paced, digitally-driven world, consumer expectations have evolved significantly. With the rise of the internet, smartphones, and other technological advancements, consumers now demand convenience, speed, and personalised experiences. To meet these growing expectations and stay competitive, businesses across various sectors are adopting new technologies. From artificial intelligence (AI) and automation to data analytics and customer relationship management (CRM) systems, ...
The pound has surged to a four-month high against the US dollar as concerns over Donald Trump’s escalating trade war spark fears of an American recession. Sterling edged up by 0.1% on Tuesday, surpassing the $1.30 threshold for the first time since November, as the US president’s hardline stance on tariffs unnerved global markets. US Treasury Secretary Scott Bessent fuelled ...