Finance

No shrinking violet: Vanda Electrics promises to make flower-inspired Dendrobium hypercar a reality, with a little help from Williams in the UK

No shrinking violet: Vanda Electrics promises to make flower-inspired Dendrobium hypercar a reality, with a little help from Williams in the UK

When you think of hypercars you probably think of Italian manufacturers – Ferrari, Bugatti, Lamborghini, or Pagani – or iconic UK brands – McLaren or Aston Martin. Probably not Singapore, though.

But this extraordinary concept claims to be the first …

by July 2, 2017 0 comments Finance
Treasury Secretary Mnuchin warns Congress on debt ceiling

Treasury Secretary Mnuchin warns Congress on debt ceiling

Never mix up the debt and deficit again

Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday.

That’s because the current debt …

by July 1, 2017 0 comments Finance
Senate bill would cut Medicaid spending dramatically

Senate bill would cut Medicaid spending dramatically

This state line divides the Medicaid debate

Federal support for Medicaid would shrivel even more over time under the Senate bill, likely forcing states to tighten enrollment, cut benefits or reduce provider rates, the Congressional Budget Office found.

Spending would …

by June 30, 2017 0 comments Finance
Economic slowdown confirmed as households rein in spending amid rising inflation and falling incomes

Economic slowdown confirmed as households rein in spending amid rising inflation and falling incomes

There were fresh concerns about the UK economy today after growth in the dominant services sector was revised down and savings and spending by squeezed households kept falling.

Figures released by the Office for National Statistics paint a worrying picture …

by June 30, 2017 0 comments Finance
Even the middle class would feel GOP squeeze on nursing home care

Even the middle class would feel GOP squeeze on nursing home care

This state line divides the Medicaid debate

Alice Jacobs, 90, once owned a factory and horses. She raised four children and buried two husbands.

But years in an assisted living facility drained her savings, and now she relies on Medicaid …

by June 29, 2017 0 comments Finance
DAILY BRIEFING: Entrepreneurial jobseekers launch more than 105,000 businesses with government backing

DAILY BRIEFING: Entrepreneurial jobseekers launch more than 105,000 businesses with government backing

BUSINESS BACKING Entrepreneurial jobseekers have launched more than 105,000 businesses with backing from the New Enterprise Allowance scheme, which provides a business mentor and financial support for up to six months.

LOSS POSTED Pension takeover firm Xafinity lost £12.8 million …

by June 29, 2017 0 comments Finance
White House-media relations at breaking point as Spicer searches for replacement

White House-media relations at breaking point as Spicer searches for replacement

Five months into Donald Trump’s presidency, White House-media relations are hanging by a thread.

The White House is facing daily criticism from the news media over its decision to reduce the frequency of press briefings and hold some of those …

by June 23, 2017 0 comments Finance
What the Samsung S8 means for the iPhone 8

What the Samsung S8 means for the iPhone 8

First Look: Samsung’s Galaxy S8

Months before Apple could release a new iPhone that’s all screen, glorious screen, Samsung beat it to the punch.

Samsung (SSNLF) unveiled its latest smartphone on Wednesday, the Galaxy S8. The sleek phone’s standout features …

by June 19, 2017 0 comments Finance
Only sub-£40,000 zero-emissions cars are exempt from tax under new rules: Here are five of the best tax-free models you can buy

Only sub-£40,000 zero-emissions cars are exempt from tax under new rules: Here are five of the best tax-free models you can buy

Only zero emissions new cars are now exempt from having to pay car tax as part of a revised government strategy to limit pollution – or to increase revenue from motorists, depending on your point of view.

That means any …

by June 18, 2017 0 comments Finance
Will Under Armour get a Steph Curry bump again?

Will Under Armour get a Steph Curry bump again?

5 stunning stats about Under Armour

The Golden State Warriors have won the NBA title for the second time in three years. And Under Armour, the athletic apparel company endorsed by Warriors’ star Steph Curry, is starting to once again

by June 13, 2017 0 comments Finance