Los Angeles after the fires: ‘You can only live in a disaster zone for so long’
The city is pushing to rebuild areas devasted by wildfires. But the costs and the mounting risks of future disasters are hard to overcome
I.R.S. Commissioner to Quit as Trump Takes Office
Mr. Trump has said he plans to nominate Billy Long, a former Republican congressman, to the role.
Tennessee drops BlackRock ESG suit after asset manager agrees concessions
State’s attorney-general had accused $11.6tn fund manager of breaching consumer protection rules
US stocks on track to post best week since Trump’s election win
Easing underlying US inflation pressures and strong bank earnings ‘emboldened the bulls’ on Wall Street
How the bonus season now unfolds on Wall Street
The past dramas of ‘comp days’ have given way to more sanitised procedures
Why improving social housing could be remarkably simple (and affordable)
Tragedies in social housing, such as the Grenfell Tower fire in 2017 and the death of toddler Awaab Ishak due to damp living conditions in 2020, remain shocking. As a coroner commented at the time, “How in the UK in 2020 does a two-year-old child die as a result of exposure to mould?”
Remote Work for Civil Servants Faces a Challenge Under Trump
Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.
UK watchdog warns watering down regulation will cause more failures
Financial Conduct Authority chief commits to ‘deep reforms’ on mortgage rules and anti-money laundering checks to help boost economic growth
Calls for Rachel Reeves to quit as chancellor are overblown – but they highlight what her real problems are
Barely six months after the UK general election, Chancellor Rachel Reeves’ political opponents are calling for her to resign. Former prime minster Boris Johnson cast one of the first stones with a post on X about “Rachel from accounts”.
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giants
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