• The Federal Reserve maintained interest rates unchanged at its latest meeting but signaled a more hawkish stance, shifting investor sentiment regarding future policy direction.
• Tech sector earnings continued to show strong numbers, though stock market reactions remained mixed, with the S&P 500 rising 1% for the week as equities powered through higher oil prices and a backup in yields.
• Fed Chair Jerome Powell announced he will not retire after his term ends next month, committing to serve as a constructive governor rather than a shadow Fed chair.
Livorno council says residents have complained of foul smell following rise in number of pets Dog owners in an Italian port city will be required to clean up their pets’ urine from public spaces or face fines of up to €500.Luca Salvetti, the mayor of Livorno, on the Tuscan coast, introduced the measure after complaints from residents about the smell of dog urine, particularly in parks and children’s play areas. Continue reading...
Patient safety mechanism which gives patients the right to seek a second opinion having ‘lifesaving impact’, says health secretary‘I am invoking Martha’s rule’: how a woman saved her father from near death in hospitalMore than 500 people have received potentially life-saving care thanks to Martha’s rule, which gives hospital patients the right to seek a second opinion about their health.They were moved to intensive care or a specialist unit after they, a loved one or a member of NHS staff triggered the patient safety mechanism, which the NHS in England began using in 2024. Continue reading...
Electoral Commission is investigating claims money given to MP came from US businessman now convicted of wire fraudUK politics live – latest updatesLabour has called on Robert Jenrick to give up almost £40,000 donated to his campaign to be Conservative leader in 2024 following allegations that the sum came from an impermissible foreign donor now convicted of fraud.The party called for Jenrick to make a donation to charity after the Guardian revealed the Electoral Commission has been investigating claims that £37,500 out of £100,000 given to his campaign by a UK company Spott Fitness ultimately came from a company run by a US-based businessman, Gary Klopfenstein. Continue reading...
Companies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegalSign up for the Breaking News US email to get newsletter alerts in your inboxGeneral Motors is expecting a $500m tariff refund after the US supreme court struck down some of Donald Trump’s most sweeping levies.That has boosted the Detroit automaker’s outlook for 2026. On Tuesday, GM said it’s now looking to rake in $13.5bn-$15.5bn in earnings before interest and taxes this year – up from previous forecasts of $13bn-$15bn. Continue reading...