The UK government has made growing the economy its main priority in an effort to boost living standards.
In her Spending Review on Wednesday, Reeves prioritised long-term investments over day-to-day spending.
She said the latest figures on the economy were “clearly disappointing” but added she was “determined to deliver”
» Read more about: UK economy shrunk in April as tax rises and US tariffs kicked in »
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
» Read more about: NVIDIA (NVDA) Gets Buy Rating as AI Data Center Demand Surges Past $50 Billion »
The action was stronger in the bond market, where Treasury yields eased after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet.
U.S. consumers had to pay prices for food, gasoline and other costs of living that were 2.4% higher overall in May than a year earlier.
» Read more about: Wall Street's rally stalls as US stocks dip for their 1st loss in 4 days »
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $108,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 61 (Greed) out of 100,
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Personal Finance
The Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) is one of the most popular ETFs for a reason: it’s a low-cost, well-diversified basket of blue chips with a far more generous yield (currently just shy of 4%) than the S&P 500 (just over 1%).
» Read more about: Why I’m Considering SCHD ETF for Dividends – What Am I Missing? »
June 12, 2025 / 13:07 IST
The newly formed mutual-fund arm of Jio BlackRock Asset Management has appointed Rishi Kohli as its chief investment officer,
» Read more about: Jio BlackRock said to hire Rishi Kohli as CIO of mutual-fund unit »
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Real estate has long been a go-to asset for building wealth in America, offering income through rent and potential gains through appreciation.
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as President Donald Trump’s sweeping tariffs began to ripple through the world’s biggest economy.
» Read more about: US inflation edges up as Trump tariffs flow through economy »