Carter-Ruck lawyer for OneCoin ‘cryptoqueen’ prevails over watchdog
SRA had accused Claire Gill of improperly threatening a victim of fraud with litigation
Shares in data centre property group Fermi nearly halve after tenant pulls funding
Stock price of company co-founded by ex-US energy secretary Rick Perry fell as much as 46%
Businesses Are Cashing In on Trump’s Tax Cuts
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.
The quiet rise in the tax burden for UK businesses will hit workers and consumers too
William Barton/ShutterstockMany businesses in the UK saw the 2025 budget as a tightening of the screw in a period of already difficult conditions. While the government insists it is not raising taxes on companies overall, disquiet among businesses could have an impact on jobs, wages and the wider economy.
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions on Rate Cuts
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.
IFDP Paper: Economic Diversity and the Resilience of Cities
François de Soyres, Simon Fuchs, Illenin O. Kondo, and Helene MaghinWe develop a framework to assess how economic shocks affect local labor markets and worker welfare, with a focus on city-level economic diversity. Using detailed worker flow data across cities, sectors, and occupations, we construct theory-consistent welfare measures. Our approach combines a dynamic discrete choice model with a dual representation that captures both direct effects and the insurance value of local economic diversity.
‘JPMorgan has crossed a line’: How Altice’s debts ensnared US banking giant
US bank stepped into messy confrontation between billionaire Patrick Drahi and aggrieved Wall Street funds
FEDS Paper: Artificial Intelligence Innovation by Financial Innovators: Evidence from US Patents
Jean Xiao TimmermanThis paper examines the evolution of artificial intelligence (AI) patent rates (i.e., the number of AI patents/number of firms of the same type) and concentration metrics (i.e., the Herfindahl-Hirschman Index (HHI) and Gini coefficient) among financial market participants from 2000 to 2020.
Donor-advised funds have more money than ever – and direct more of it to politically active charities
Using investment accounts for charitable gifts could be influencing giving in unexpected ways. sesame/DigitalVision Vectors via Getty ImagesCharitable giving in the United States has changed significantly in recent years.
Eurogroup presidency hailed as pinnacle of recovery as OPEKEPE hearings descend into turmoil
The election of Finance Minister Kyriakos Pierrakakis as president of the Eurogroup has been welcomed by forces across the political spectrum in Greece as the final recognition of the country’s comeback from the financial crisis.
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