Business / Finance
Chancellor John Healey to end standing charges on household gas bills, as City expects a quiet budget – business live
Rolling coverage of the latest economic and financial newsWhat to expect from John Healey’s first budget: who wins, who pays?Abolishing the standing charge doesn’t mean that every…
John Healey to end standing charges on gas bills for 23m homes
As budget looms, chancellor says he will ask Ofgem to remove ‘unfair and outdated’ fixed daily fee in 2027 or soon afterBusiness live – latest updatesJohn Healey is abolishing sta…
Trump’s farmworker pay cut moved $2.5 billion a year from workers to growers. A judge says it’s illegal, and back pay could follow
The Labor Department has until Dec. 30 to replace the rule covering nearly 400,000 seasonal farm jobs. If it misses the deadline, pay snaps back to Biden-era rates.
Mark Cuban took off his watch the day he became a millionaire: ‘I wanted to be able to control my own time’
The now-billionaire said his first big payday wasn’t about luxury. It was about getting control of his own time.
Don Kohn’s infamous ‘death march’ hikes were referenced in Kevin Warsh’s Jackson Hole speech—now the Fed veteran is weighing the chairman’s path ahead
"The hiking ... was an important chance to trade ideas, find out what's going on inside another central bank, what they're thinking about."
Obama mocked Trump’s gold White House as a Cheesecake Factory. The chain just posted a record quarter
Trump, the White House, and Treasury Secretary Scott Bessent have rushed to defend the chain, and its longtime designer has weighed in. Meanwhile, sales jumped 15% and the stock h…
Bitget CEO Gracy Chen aims to enter the U.S. market in 2027, with or without the CLARITY Act
Hopes to pass the CLARITY Act died last month, following concerns by U.S. Senate Democrats over potential conflicts-of-interest.
Americans are expected to spend a record $13.5 billion on Halloween—pushing one in four revelers into debt
Gen Zers and parents are among the most likely to borrow. “It's really important to make the kids feel good,” said Neil Saunders of GlobalData
Anthropic’s S-1 reveals two areas where OpenAI could have the upper hand, experts say
OpenAI's consumer business and its accelerating revenue will likely tell a different financial story—and possibly a better one.
Despite a $150 million net worth, Quentin Tarantino refuses to give a ‘penny’ of his fortune to his mother: ‘No house, no Cadillac’
Despite having two Oscars and a $150 million fortune, Quentin Tarantino has vowed his mother will never see a penny of it—all because of a vow he made at 12.
Trump’s immigration policy is so harmful to talent that Anthropic mentioned it as a risk factor in its historic IPO
The company said its revenue per employee jumped about 371% in one year.
Free haircuts project aims to inspire other stylists
Georgia Chappels runs free community haircuts to help those feeling the impact of rising costs.
Parents turn to costume swap to cut Halloween costs
One mother said Halloween outfits are "completely extortionate" as families pick up free alternatives.
Pre-loved clothes project sells items for 50p
The Echo project was partly set up in response to the cost of living crisis, say organisers.
Cash grants for groups helping with money and debt
Grants are offered to groups helping people with cost-of-living financial pressures.
What to expect from John Healey’s first budget: who wins, who pays?
Struggling households, new homebuyers and small shops stand to gain, while banks and online marketplaces could face higher levies John Healey will present his first budget on Wedn…
Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC
The company said the accounting correction will cut reported assets by $92.2 million at the end of 2025 after bitcoin held on Biconomy could not be withdrawn.
Bithumb hacked through employee system as South Korean financial firms face cyberattacks
The breach hit an internal employee system that Bithumb says is separate from its trading platform, while the exchange is still determining whether customer information was expose…
Bitcoin nears $81,000 ahead of Fed decision as ZEC jumps 8%
Majors outpaced bitcoin across the board as tech stocks extended a climb.
Robinhood’s Tenev warns US tokenization uncertainty deters ‘serious assets’
Robinhood CEO Vlad Tenev says tokenized equities need more than a temporary SEC exemption to flourish in the US.
Luxury cruise passengers stranded in Cambodia due to soaring fuel costs
The Villa Vie Odyssey suspends its voyage and is working with passengers on "temporary living arrangements".
Coinbase says user funds are safe after third-party vendor exposes customer contact info
The crypto exchange says an incident at analytics firm Amplitude exposed some customer contact information, but insists its own systems were not breached.
Do we really need to be prepping for disaster? – podcast
Food security expert Prof Tim Lang and prepper and YouTube influencer Ana talk about the government’s new campaign encouraging the public to store three days’ worth of basic suppl…
Bithumb discloses data leak after internal system breach: Report
The breach impacted its in-house mobile system, used by employees for work and information sharing.