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‘Affordability? For who?’ Voters decide between helping homeowners or public services
Florida voters are deciding on Amendment 3, a ballot measure that would dramatically cut property taxes for homeowners but could reduce funding for public services including schools, infrastructure, and social programs.
From Bitcoin to Binance: Crypto terms and what they mean
The cryptocurrency industry employs specialized terminology that often confuses the general public. A guide explains key concepts including Bitcoin, blockchain technology, crypto exchanges, and other digital asset mechanisms.
Budget to include £1bn for social and affordable housing
The government will allocate over £1bn for social and affordable housing in England as part of its 10-year homes programme, along with increased powers and funding for regional leaders.
Budget 2026: No more fat to trim for ‘squeezed middle’
As Chancellor John Healey prepares his first Budget, middle-income households report persistent financial strain with no remaining spending cuts available to manage anticipated mortgage increases and rising living costs.
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Myanmar military strike kills 14 people at a Buddhist monastery, opposition group says
Myanmar’s military conducted an airstrike on a Buddhist monastery in the central Sagaing region, killing 14 people participating in a meditation retreat, according to opposition groups and residents.
UK petrol price hits Iran war high, adding to pressure on households
UK petrol prices reached 160p per litre, the highest level since November 2022, as Middle East tensions escalate and oil prices rise amid stalled peace efforts.
Axe stamp duty? How Andy Burnham could change property tax
Greater Manchester Mayor Andy Burnham is exploring property tax reforms to fund social care and defense spending, with officials considering replacing council tax and stamp duty with a land or property value tax.
IRS clarifies ‘no tax on overtime’ deduction rules. What workers need to know
The IRS has clarified rules for claiming the ‘no tax on overtime’ deduction, which allows eligible workers to deduct up to $12,500 in overtime premiums for the 2026 tax year.
Bond yields are climbing. Here’s what that means for mortgages and other consumer borrowing
Bond yields have climbed to 19-year highs, pushing mortgage rates and other consumer borrowing costs higher amid persistent inflation concerns that exceed Federal Reserve targets.
Premium bonds: more chance of win as NS&I ups prize fund rate again
NS&I is raising premium bond prize fund rates to 4.35% annually starting in September, improving winning odds to 21,000-1 and adding approximately 308,000 more prizes each month.
Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump
Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s strong debut at the annual meeting and first-quarter operating earnings jumping 18%.
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
Peloton reported its first annual net profit in fiscal 2026, but shares fell nearly 13% after the company projected sales would decline in the coming year as price increases cycle through.
Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
Airbnb stock surged 9% after reporting second-quarter earnings and revenue that exceeded analyst expectations, with strong third-quarter guidance citing robust demand worldwide.
World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion New Taiwan dollars, up 44.7% year-on-year, as artificial intelligence chip demand remained robust.
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media reported a second-quarter net loss exceeding $238 million on revenue below $2 million, primarily due to declines in digital assets and cryptocurrency holdings.
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave shares rose 14% in extended trading after the AI infrastructure provider reported quarterly revenue that doubled year-over-year, driven by accelerating demand for data center chips.