Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
Middle East IPOs fall by a third as post-pandemic boom fades
Companies in the region have raised $6.5bn this year so far, down from $9.9bn in 2024
Law firms hire record number of City partners as US players expand aggressively
London law firms hired 668 partners in 2025, up 21% on last year
Big US banks add $600bn in value as deregulation spurs gains
Moves to allow higher leverage and overhaul stress tests have driven increase in market capitalisation
Whether it’s a ‘productivity puzzle’ or the ‘British disease’, the UK economy has been underperforming for decades
Maridav/ShutterstockHistory does not repeat itself, but it rhymes – and economic history is no exception. In 1964, a Labour government came to power in the UK with a pledge to curb inflation and to deliver growth. The growth plans were short lived. In 2024, in a cost-of-living crisis, Labour again won an election with a promise to “kick-start economic growth”. Only 18 months in, and plans have stalled again.
What if we taxed what people spend, not what they earn?
FXQuadro/ShutterstockWhen people talk about tax fairness, the focus is almost always on income. How much the rich earn, how heavily that income should be taxed, and how to make sure lower earners are protected. But there is an older idea that is quietly starting to get attention again. What if taxes were based not on what people earn, but on what they spend?
Banks and traders race to capitalise on gold’s historic rally
Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses
Trump Administration Downplays A.I. Risks, Ignoring Economists’ Concerns
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth.
PM stands firm on festive blockades as farmers demand policies, not policing
As Greeks set out from the cities for the festive season, their journeys have been slowed by continuing farmers’ blockades on national roads – a disruption caused by the political confrontation between the government and the agricultural community.
Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
Greece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday.
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