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Cantor nears $3bn crypto venture with SoftBank and Tether
Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Published on: April 22, 2025 | Source:
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Starmer plays up patriotic credentials as local elections in England loom
UK prime minister prepares for tight battle with Nigel Farage’s Reform party for council seats
Published on: April 22, 2025 | Source:Households in England with big gardens should pay more for water, industry says
Trade body to recommend compulsory water meters in forthcoming government review
Published on: April 22, 2025 | Source:Hegseth Delivers What Trump Wants But With Unwanted Controversy
Defense Secretary Pete Hegseth has done most everything so far that President Donald Trump hoped he would — purging the military of its purported “woke” ideology, expanding its role in immigration enforcement and vowing an “America First” approach toward allies.
Published on: April 22, 2025 | Source:Trump says he has ‘no intention’ of firing Jay Powell
US president’s comments come after he has heaped pressure on the Fed chair
Published on: April 22, 2025 | Source:Newsom Wants to Work with Refiners to Keep a Lid on California Gas Prices
Governor Gavin Newsom is urging California’s energy commission to work with the oil industry on maintaining fuel supply and refining in the state, less than a week after Valero Energy Corp. said it is planning to close its San Francisco Bay area refinery.
Published on: April 22, 2025 | Source:In China’s Backyard, Steel Buyer Vietnam Is Trying to Stem a Tide of Cheap Metal
A trade war between the world’s two largest economies has caughtthis Southeast Asian nation in the crossfire.
Published on: April 22, 2025 | Source:Tesla Rallies as Musk Says He’ll Limit Time With Government
Tesla Inc. Chief Executive Officer Elon Musk said he’ll start to pull back “significantly” his work with the US government starting in May. The company’s shares rallied in late trading.
Published on: April 22, 2025 | Source:FirstFT: Vladimir Putin offers to end Ukraine invasion at current front line
Also in today’s newsletter, more than 20 tourists feared killed in Kashmir attack, and JD Vance hails ‘very good progress’ on US-India trade deal
Published on: April 22, 2025 | Source:Carney’s Liberals Hold Narrow Lead With Six Days Left Before Canada Election
Mark Carney’s Liberal Party is holding on to a narrow lead in opinion surveys with less than a week to go before Canada’s election, as US tariff threats remain a top issue in the campaign.
Published on: April 22, 2025 | Source:UK Jewish body launches probe into letter criticising Israeli offensive in Gaza
Board of Deputies of British Jews suspends vice-chair and investigates signatories to criticism of Netanyahu policy
Published on: April 22, 2025 | Source:Trump Says He Has No Intention of Firing Fed Chief Powell
President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates.
Published on: April 22, 2025 | Source:Sam Altman steps down as Oklo board chair, freeing nuclear startup to work with more AI companies
Oklo says its microreactors, called Aurora, have smaller and simpler designs that will range from 15 megawatts to as much as 100 megawatts or more.
Published on: April 22, 2025 | Source:Tidjane Thiam suffers major blow to presidential ambitions in Ivory Coast
Court in Abidjan rules former Credit Suisse CEO should be struck off electoral register, his lawyer says
Published on: April 22, 2025 | Source:Instagram’s co-founder testifies Mark Zuckerberg withheld resources
Kevin Systrom backs US Federal Trade Commission’s case in monopoly trial
Published on: April 22, 2025 | Source:Reeves to Appeal for US Deal at Bessent Meeting in Washington
UK Chancellor of the Exchequer Rachel Reeves will make a personal appeal for a trade deal to US Treasury Secretary Scott Bessent in Washington this week, aiming to “defend British interests” and secure preferential treatment on tariffs.
Published on: April 22, 2025 | Source:US aerospace and defence groups warn of higher costs from Trump tariffs
Sector has largely benefited from tariff-free trade since 1979
Published on: April 22, 2025 | Source:Altman steps down from nuclear group Oklo to avoid conflict of interest
The modular reactor company he funded and led is in talks to deliver energy to OpenAI
Published on: April 22, 2025 | Source:Bessent Offers a Glimmer of Hope as Trade War Shakes Markets
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior Washington correspondent Saleha Mohsin looks at how the trade waris shaking the foundation of US financial dominance. Sign up here and follow us at @bpolitics. Email our editors here.
Published on: April 22, 2025 | Source:IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
The Washington-based IMF, in its World Economic Report, cited intensifying downside risks as it lowered its growth projections.
Published on: April 22, 2025 | Source:US markets rally as Treasury secretary says China trade war is ‘unsustainable’
Scott Bessent tells investors he expects the two countries to reach a deal that would end restrictions on flow of goods
Published on: April 22, 2025 | Source:Bitcoin retakes $90,000 as investors see it as alternative to diving dollar and turbulent stocks
Bitcoin reclaimed the $90,000 level for the first time since March as investors jumped into the crypto for a second day amid turbulence in the stock market.
Published on: April 22, 2025 | Source:10-year Treasury yield is little changed as investors weigh latest trade news
Confidence among investors remained in the doldrums amid stalled global trade talks.
Published on: April 22, 2025 | Source:Amazon and Walmart sellers hoard goods in Canada to wait out tariffs
Third-party vendors are betting that White House will back down on steep China levies
Published on: April 22, 2025 | Source:How Australia’s First-Time Voters Feel About the 2025 Election
“Worried.” “Unfair.” “Frustrating.” Ten young voters have their say.
Published on: April 22, 2025 | Source:Top producer at ‘60 Minutes’ show quits, citing loss of independence
Bill Owens announced his decision in an email to staff as parent company considers settling a lawsuit from Donald Trump
Published on: April 22, 2025 | Source:US tariffs threaten lay-offs at UK’s luxury car plants, industry warns
Aston Martin and other marques that depend on American market may require aid such as furlough schemes, auto chief says
Published on: April 22, 2025 | Source:Brazil’s Lula Says He Doesn’t Want to Choose Between China and US in Trade Fight
Brazil’s Luiz Inacio Lula da Silva has no desire to choose between the US and China as an escalating trade fight between the planet’s two largest economies pushes nations like his own to pick a side.
Published on: April 22, 2025 | Source:Judge Orders 21-Day Notice Before Deporting Accused Gang Members From Colorado
A federal judge in Colorado temporarily blocked the Trump administration from removing suspected Venezuelan gang members from the state under an emergency wartime law, adding to a spate of rulings hindering the government’s deportation initiative.
Published on: April 22, 2025 | Source:Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
Stocks, already recovering from the prior day's sell-off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.
Published on: April 22, 2025 | Source:New York Times Did Not Libel Former Alaska Governor Sarah Palin, Jury Finds
NEW YORK (AP) — The New York Times did not libel former Alaska Gov. Sarah Palin in a 2017 editorial that contained an error she claimed had damaged her reputation, a jury concluded Tuesday.
Published on: April 22, 2025 | Source:New York pension funds put asset managers on notice over climate plans
Comptroller demands credible transition plans aligned with city’s goal to reach net zero by 2040
Published on: April 22, 2025 | Source:About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds
The broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.
Published on: April 22, 2025 | Source:Vladimir Putin offers to halt Ukraine invasion along current front line
US floats recognition of Russian annexation of Crimea as peace plan efforts continue
Published on: April 22, 2025 | Source:Boeing to sell parts of aviation software unit to Thoma Bravo for $10.5bn
Jet maker says deal with specialist technology investor will help group focus on core businesses
Published on: April 22, 2025 | Source: