WASHINGTON () - Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot. "I think if we try for 2 trillion, we've got a good shot at getting

An intervention by the chancellor to help shore up flagging financial market confidence in the UK economy has been ruled out by the government, amid further declines in the value of the pound. Sterling fell to its lowest level against the dollar since November 2023 early on Thursday, building on recent losses. A toxic cocktail

In 2022, Elon Musk acquired Twitter and made a series of changes to the platform, including changing its name to X and introducing Community Notes, which is a feature that allows users to add context or fact-check potentially misleading posts. This approach differs from Meta’s model, which relies on third-party, independent fact-checking organizations to flag

PA Media Hogg made no comment as he left the court Former Scotland rugby union captain Stuart Hogg has been given a one-year community payback order after he admitted a domestic abuse charge against his estranged wife. The 32-year-old, who is in the process of a divorce, was previously given a five-year non-harassment order and

Jan 9th 2025 T here are normally few thrills to be had from investment-grade bonds, which is just the way it should be. After all, this is lending to the very safest companies. Just now, however, bondholders are throwing a veritable rave. Explore more Buttonwood Stocks Finance Reuse this content

A signed copy of the script for Gavin & Stacey's final episode has raised more than £30,000 for charity. The copy, signed by the show's main cast and director, was donated to a charity raffle by actor Robert Wilfort, who plays Stacey's brother Jason West. His chosen charity, The Theatre Shed, describes itself on its

By Supantha Mukherjee and Philip Blenkinsop STOCKHOLM () - Elon Musk's expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform on Thursday was being watched by the European Commission to check for any spreading of misinformation before next month's German election. The European

Mick Lynch, one of the UK's most influential union leaders in recent history, has announced he is retiring. Mr Lynch is stepping down from the helm of the RMT (Rail Maritime and Transport Workers) union aged 63. He served as general secretary since 2021. Under his leadership, the union waged years of strike action over

Jan 9th 2025 E urope’s divisions were once simple. Fiscal policy and sunshine? That was a north-south carve-up: grey, abstemious north; sparkling, spendthrift south. Migration and wealth? Newcomers were mostly tolerated in the rich west and despised in the poor east. Only the wine-beer-vodka spectrum, which produced a twice-diagonal split, was more complex. When crisis

A signed copy of the script for Gavin & Stacey's final episode has raised more than £30,000 for charity. The copy, signed by the show's main cast and director, was donated to a charity raffle by actor Robert Wilfort, who plays Stacey's brother Jason West. His chosen charity, The Theatre Shed, describes itself on its