Black Thursday

Former Chancellor of the Exchequer Kwasi Kwarteng is sticking by the "general direction" of his mini budget that crashed the UK economy, but admits that he has regrets Kwasi Kwarteng said the "general direction" of his mini-budget was right (Image: AFP via Getty Images) Kwasi Kwarteng claims the "general direction"…

This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. As kids, most of us learned how to play an on-the-fly version of chicken: two players are on a collision course that can be avoided only if…

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The economy crash, the NHS crisis, Covid and the invasion of Ukraine don’t explain why we’re doing worse than similar nations, so Rishi Sunak will struggle to escape the grave Prime Minister Rishi Sunak may 'struggle' to escape the grave (Image: Tejas Sandhu/SOPA Images/REX/Shutterstock) Buried but not yet dead, senior…

As the economic downturn brings the astronomical level of investor hype over semiconductor startups back to Earth, some venture-backed companies think now is the right time to build for the next boom period, while others stumble and crash. Global venture capital funding for semiconductor startups reached new heights in 2020…

Richard Beddow is the founder and former chair of the South African Association of Treasury Advisors, and is currently the Managing Director at ForexPeople SA. If you’re taking advice or are considering the purchase of a financial investment – whether it be crypto assets, foreign exchange, insurance or retirement product…

The Labour leader told the Commons: “The failure of the last 12 years and the chaos of the last 12 weeks are compounded by the decisions he is taking now. He won’t follow Labour’s plan to scrap non-dom status. Instead, we have got an NHS staffing crisis. “He won’t follow…

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Autumn Statement: Key announcements from Jeremy Hunt Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info House…

Photo: Donna Gibbs (Shutterstock) With crashing stock markets and soaring consumer prices, the economy is certainly struggling. And yet the “recession” label hangs in the air, not yet an official description for the current state of the economy—in the U.S. and around the world. One of the reasons it’s hard…