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Oct 31 2024BUSINESS

Businesses Brace for Impact: UK Budget Raises Taxes, Spurs Inflation

British businesses are feeling the pinch after the UK's Finance Minister, Rachel Reeves, announced a tax-hiking budget. The biggest change is an increase in National Insurance (NI) payroll tax for employers. This will rise from 13. 8% to 15% from April 2025 and will start at a lower income threshold

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Oct 30 2024FINANCE

The Stock Market's New Darlings: Snap, Reddit, and Alphabet

Imagine starting your day like millions of people: waking up, commuting to work, and scrolling through social media. You laugh at cute cat pictures on Reddit, search for random facts on Google, and watch funny cat videos on YouTube. These routine activities might seem unrelated to stocks and finance

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Oct 30 2024POLITICS

Musk and Paulson's Budget Cut Plan: Will It Work?

Elon Musk, the founder of SpaceX and Tesla, along with hedge fund manager John Paulson, has a big idea for the U. S. budget if former President Donald Trump is re-elected. They want to slash spending by a massive $2 trillion. Musk's plan involves creating a government efficiency commission that he w

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Oct 30 2024FINANCE

Tax Hikes Push Up UK Borrowing Costs

UK government borrowing costs hit their highest level since the Labour party took charge. This happened after Finance Minister Rachel Reeves announced big tax increases in her first budget. Right after the news broke at 12:30 p. m. , the yield on 10-year UK government bonds jumped by as much as 7 ba

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Oct 30 2024FINANCE

Labour's Plan: Sin Taxes and Budget Moves

Britain's new Labour government is set to increase taxes on 'sin' items like alcohol, cigarettes, and gambling in its upcoming budget. This move is expected to bring in billions of pounds. These industries are often targeted because they're unpopular and won't have many defenders. However, experts w

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Oct 30 2024POLITICS

Chicago's Budget Crisis: A Chance to Improve Police Department

Chicago is in a budget crunch, and tough decisions are on the horizon. But this could be an opportunity to fix some long-standing issues in the Chicago Police Department (CPD). For starters, CPD needs to upgrade its technology systems and facilities. The department is struggling to meet reform manda

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Oct 29 2024EDUCATION

Educators in D230 Schools Wait for New Contract: What's the Hold-up?

Imagine trying to start your school day without a clear plan. That's what the educators at Andrew, Sandburg, and Stagg high schools have been dealing with for over 50 days! The Dist. 230 Federation of Teachers and the CCSD 230 Board of Education have been busy trying to agree on a new multi-year con

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Oct 28 2024POLITICS

UK's New Budget: What to Expect

On September 23, UK Finance Minister Rachel Reeves spoke at the Labour Party Conference in Liverpool, hinting at the upcoming budget. This is Labour's first budget in 15 years, and it's causing a stir. Will there be tax hikes or spending cuts? Reeves hinted at a change in debt rules to free up funds

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Oct 28 2024FINANCE

China's Big Budget Meeting: What to Expect

Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c

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Oct 27 2024TECHNOLOGY

Discover Big Savings on OnePlus Buds 3 with Amazon's Latest Deal

Hey, tech lovers! Ever thought you could snag a decent pair of wireless earbuds under $70? Well, the OnePlus Buds 3 are here to prove you right! Right now, Amazon has a sweet deal that'll save you 31% on these bad boys. That's a whopping $31 off their usual price, bringing them down to under $70. Pr

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