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JPMorgan Chase deployed $5 billion into defense and manufacturing startups in the first year of its security initiative, exceeding expectations and suggesting potential expansion beyond the planned $10 billion decade-long commitment.
Official minimum wage rates increased for 2.7 million workers, with the National Living Wage for those 21 and over rising to £12.71 per hour.
Chancellor John Healey will present Labour’s first Budget on 28 October, outlining tax and spending plans while navigating constraints from pre-election pledges and fiscal rules.
US battery startups are developing sodium ion technology to compete with China’s dominance in battery manufacturing, targeting large-scale energy storage applications and seeking to build domestic supply chains.
Levi Strauss raised full-year profit guidance buoyed by tariff refunds, but lowered revenue expectations following a disappointing quarter marked by flat direct-to-consumer sales.
Alberta will hold a referendum on October 19 on pursuing independence, with economists and officials divided over whether separation would boost or harm the province’s economy.
