Since 2012
Could you keep the markets calm and your MPs happy as you pull the economic levers to deliver a budget?
On 26 November, Rachel Reeves will deliver this year’s budget to parliament. As in all years, the chancellor has to strike a balance between:
Raising the money needed to fund the services that voters demand.
Keeping taxes at levels that are acceptable to voters.
Persuading the government’s creditors in the bond markets that it will continue to be able to pay its debts.
Leading US stock markets tumble less than 24 hours after strong results from chipmaker Nvidia sparked gains Fears of a growing bubble around the artificial intelligence frenzy resurfaced on Thursday as leading US stock markets fell, less than 24 hours after strong results from chipmaker Nvidia sparked a rally. Wall Street initially rose after Nvidia, the world’s largest public company, reassured investors of strong demand for its advanced data center chips. But the relief dissipated, and technology stocks at the heart of the AI boom came under pressure. Continue reading… Source link
One reader reveals that a man she trusted to make investments for her in bitcoin vanished with her money, in response to an article on romance scams Re your article (‘I opened up like a giant elevator’: the seven sly, savage stages of a £100,000 romance scam, 11 November), in January 2017 I met a man who was both charming and entertaining. He knew all about bitcoin cryptocurrency and told me why I should invest in it. In fact, he said: “I will add you to my portfolio, then you will get more for your investment because wealthy people…
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times Source link