Author: Daniel snow

Speaker of the House Mike Johnson, R-La., talks with the media after the House Republican Conference meeting on a plan to fund the government and avert a shutdown in the U.S. Capitol on Friday, December 20, 2024.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesThe Republican-controlled U.S. House on Thursday advanced U.S. President Donald Trump’s tax and spending megabill, after a dramatic night of voting that was nearly derailed by Republican defections.The House voted 219-213 to move the bill forward.The step to begin final debate marks a win for Republican leadership seeking to deliver on Trump’s second term policy agenda. U.S.…

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Britain’s Chancellor of the Exchequer Rachel Reeves and Britain’s Defence Secretary John Healey visit Wellington Barracks, in central London, on March 26, 2025.Stefan Rousseau | Afp | Getty ImagesAll eyes are now on the U.K.’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability, after the extraordinary sight of the country’s finance minister crying in parliament on Wednesday.U.K. bond yields spiked and the pound sank against the dollar and euro as Prime Minister Keir Starmer failed to back Chancellor Rachel Reeves during a question and answer session in the House of Commons. Tears…

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A Nike store in Hanoi, Vietnam, on July 3, 2025.Nhac Nguyen | Afp | Getty Images If I had to choose between having a job and paying less for Nike shoes, you’d see me running barefoot to the office. Wednesday’s market moves, however, suggested that Wall Street preferred the cheaper shoes.  The U.S. economy lost private sector jobs in June, the first time hiring had contracted since March 2023, according to payrolls processing firm ADP. It’s even more startling because a Dow Jones survey of economists had pegged job numbers to expand by 100,000.Meanwhile, U.S. President Donald Trump announced on…

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Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI.Sopa Images | Lightrocket | Getty ImagesLONDON — ElevenLabs, a London-based startup that specializes in generating synthetic voices through artificial intelligence, has revealed plans to be IPO-ready within five years.The company told CNBC it is targeting major global expansion as it prepares for an initial public offering.”We expect to build more hubs in Europe, Asia and South America, and just keep scaling,” Mati Staniszewski, ElevenLabs’ CEO and co-founder, told CNBC in an interview at the firm’s London office.He…

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