UK wage growth has slowed and unemployment has climbed to its highest level since the pandemic lockdowns ended, according to official figures released today. Data from the Office for National Statistics (ONS) showed that regular pay, excluding bonuses, grew by 5.2% in the three months to April. That marks a dip from 5.5% in the previous period and comes in ...
More than 100 Democrats voted against a House GOP-led resolution to condemn the accused terror attack in Boulder, Colorado. It passed 280-113, with 75 Democrats joining Republicans to vote for the bill. Six lawmakers, five Democrats and one Republican, voted ‘present.’ The legislation was introduced by Rep. Gabe Evans, R-Colo., last week in response to the attack. But Democrat lawmakers ...
President Trump’s relationship with Tesla and SpaceX CEO Elon Musk, which appeared to publicly blow up last week as the two feuded in public, took a softer tone on Monday when Musk responded to a clip of the president on X. ‘We had a great relationship and I wish him well — very well, actually,’ Trump said on Monday in ...
House Homeland Security Committee Chairman Mark Green, R-Tenn., is departing Capitol Hill early, he announced on Monday. Green said he is leaving Congress for the private sector after the House votes again on President Donald Trump’s ‘big, beautiful bill’ in the coming weeks, in a statement first obtained by Fox News Digital. ‘It is with a heavy heart that I ...
Jennifer J. Schulp On June 10, the House Financial Services Committee and the House Committee on Agriculture will hold markups on the “Digital Asset Market Clarity Act of 2025,” aka the “CLARITY Act.” Consideration of this bill has been a sprint, with a discussion draft released just over a month ago and the bill introduced with bipartisan cosponsors less than ...
President Donald Trump on Monday confirmed he spoke with Israeli Prime Minister Benjamin Netanyahu regarding Iran and the ongoing negotiations. In speaking to reporters after the call he said he reiterated to Netanyahu Washington’s push to make a deal avoid direct conflict. ‘We’re trying to make a deal so that there’s no destruction and death. And we’ve told them that, ...
Chris Edwards A Washington Post investigative piece confirms what we’ve been saying for years at Cato about federal housing subsidies. The $14 billion a year low-income housing tax credit (LIHTC) drives cost inflation in “affordable” housing projects. The WaPo article focuses on subsidized DC projects with costs ranging from $700,000 to $1.3 million per unit, as shown in the table. ...
For small and medium-sized enterprises (SMEs) in London, managing Value Added Tax (VAT) obligations is both a legal necessity and a strategic financial consideration. With the UK’s VAT landscape becoming increasingly complex, especially under initiatives like Making Tax Digital (MTD), the expertise of seasoned VAT return accountants in London is invaluable. Firms such as GM Professional Accountants specialize in guiding ...
Iran’s refusal to play ball with the United Nation’s nuclear watchdog, which is charged with monitoring all nations’ nuclear programs, has meant the body cannot verify whether Tehran’s program is ‘entirely peaceful’ despite the regime’s claims. Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, on Monday issued a warning statement that the agency has not only long ...
There are a few very different setups unfolding this week, which are worth a closer look. Two software-related names that are struggling to reclaim their winning ways. And one lovable and reliable stock is wagging its tail in the spotlight. Let’s break it down. Adobe (ADBE): Mind the Gaps Adobe Systems, Inc. (ADBE) has been a heartbreaker for investors over ...