Finance
'I was asked if I was a crier': Your worst job interviews revealed
Bad job interviews can be horrible to experience in the moment, but there is a lot they can teach us about the world of work
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Finance
The latest published reporting in this category.
Finance
Salon, internet’s oldest general interest publication, shuts down after 31 years
Website known for politics, arts and culture coverage announces closure just weeks before anniversary Salon, one of the early internet’s pioneering publications, is closing after more than three decades, the outlet announced on Thursday. “It’s difficult to find the right words for the end of something that has meant so much to so many people. Salon was never just a website,” Salon said in a statement. “It was an idea about what journalism could be, born at a moment when the internet was still a largely unexplored frontier.” Continue reading...
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Finance
Nasdaq sees worst day in 19 months as investors bet on AI slowdown after Democrats’ election triumph
Nearly $2tn shaved off Nasdaq value as worries of curbs to AI datacenters ripple across bourses The Nasdaq share index had its worst day in 19 months after slumping 5.5% on Thursday amid growing signs that the artificial intelligence industry will face tougher regulation because of the midterm election results. As Wall Street sustained widespread losses, the Nasdaq composite tumbled into “correction territory” – more than 10% below its recent record high – with more than $2tn shaved off its value by the end of trading Thursday. The tech-heavy index had its biggest one-day fall since Donald Tru
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Finance
Google, Meta and TikTok sue California to block law protecting children from addiction risk
Law bans social media platforms from providing minors features such as autoplay that lead to compulsive use Google, Meta and TikTok have sued California to block enforcement of a new state law intended to limit the risk of addicting children under 16 to social media platforms. The law, known as Assembly Bill 1709, prohibits such platforms from offering underage children “psychologically exploitative features” that could lead to compulsive use, such as providing personal recommendations and sending videos through autoplay features. It also requires the deletion of children’s accounts with t
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Finance
Deep-red Kansas votes for change as patience wears thin with Trump: ‘The economy is really taking a beating’
Bills have soared in rural state buffeted by tariffs and war in Iran – and Democrat Adam Hamilton’s stunning upset shows how deep economic frustrations run Linda Olson always does her homework before voting – a trait she inherited from a family invested, and interested, in politics. Her father was a photographer who took portraits of political leaders in Washington, while her grandparents were farmers who cared deeply about their industry. In 2024, Olson’s research led her to Donald Trump. She trusted that the then-former president would improve their economic realities in Junction City, Kansa
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Finance
Bomb threats disrupt dozens of flights across Europe, raising hybrid war fears
Planes forced into emergency landings or diversions two days after hoax alerts affected air travel Why have more than 30 European flights been hit by bomb threats this week? Hoax bomb threats have disrupted at least 34 flights across Europe this week, with some forced to make emergency landings, as questions mount over an apparently coordinated effort to cause chaos for travellers. At least 25 bomb threats affected flights on Thursday between Italy, Ireland, the UK, Spain, Bulgaria, Romania, Poland, Finland, Austria, Denmark, Belgium, Portugal, France, Greece, Serbia and Czechia. Continue read
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Finance
Bank of England raises interest rates to 4%, the first increase for more than three years
Base rate increases from 3.75% and Bank governor signals another rise in near future to combat rising inflation Analysis: Interest rate rise in midst of cost of living crisis will leave many incredulous The Bank of England has raised interest rates for the first time in three years and warned of another increase to combat inflationary pressure unleashed by the Iran war. Eight members of the Bank’s monetary policy committee (MPC) voted for the rise, which takes the base rate from 3.75% to 4%. The ninth member, Catherine Mann, preferred a more dramatic half-point increase. Continue reading...
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Finance
Why have more than 30 European flights been hit by bomb threats this week?
With flights disrupted, how concerned should you be about your travel plans? More than 30 planes have been subjected to security alerts or diversions this week, with at least 25 more bomb threats on Thursday disrupting civil aviation across Europe. What do we know so far, and how concerned should you be about your travel plans? Continue reading...
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Finance
Channel 4 axes Married at First Sight UK after rape allegations
Decision made in wake of two reviews ordered following two allegations of rape and one of sexual misconduct during filming Channel 4 has axed its money-spinning reality show Married at First Sight UK, after female participants made allegations of rape and sexual misconduct during its production. The broadcaster announced the decision following two reviews ordered after two women alleged they were raped during the filming of MAFS and a third alleged she was subjected to a nonconsensual sex act. Continue reading...
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Finance
First-time homebuyers remain scarce, but a record share of them pay all cash
A new report finds generational wealth is widening the divide between homebuyers and those priced out. The median age of first-time buyers also remains at a record high.
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Finance
BT cuts almost 8,000 jobs amid sweeping cost-saving programme
Telecoms group reports £1.1bn pre-tax profit in six months to end of September and share price touches five-year high Business live – latest updates BT has cut almost 8,000 jobs since the end of March as it pushes ahead with sweeping cost reductions across the business. The telecoms group said its workforce had fallen by 7,731 to 90,000, excluding staff in its international business, which is being spun out in a joint venture with the US telecoms company Verizon. It had a workforce of about 130,000 people, including contractors, two years ago. Continue reading...
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Finance
Debt of poorest countries at record $9.4tn high, World Bank data shows
Cost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows. The UK government is preparing to champion a “new drive on debt” as part of its presidency of the G20 next year – a move the prime minister, Andy Burnham, has linked to confronting the legacy of slavery. Continue reading...
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