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      ‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

      Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.

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      Championship play-off final: Hull or Middlesbrough stand to gain £200m

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      Royal Albert Hall illuminated for Films in Concert series, showcasing iconic movie scenes and live orchestral performances

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US Senate

  • US Senate passes government funding bill to avoid shutdown

    Politics

    The US Senate has rushed through the final passage of a bipartisan plan that would temporarily fund federal operations and disaster aid. Facing a government shutdown deadline, the restructured bill dropped President-elect Donald Trump’s demands for a debt limit increase into the new year. House Speaker Mike Johnson had insisted Congress would “meet our obligations” [...]

  • Trump won’t end ‘double taxation’ of Americans overseas, accountancy firm warns

    Politics

    Donald Trump’s presidency is unlikely to mean a tax break for Americans living in the UK despite his pledge to end the system of so-called ‘double taxation’, an accountancy firm has warned. The Republican President-elect said during his campaign that he would reform the taxation of millions of US citizens overseas if he were re-elected [...]

    Donald Trump is unlikely to reform taxation on Americans living overseas, an accountancy firm has warned.
  • Senators demand investigation into F1 as Andretti pick up Symonds

    brewing

    Six serving senators from the United States have said Formula 1’s refusal to accept Andretti’s bid to become the sport’s 11th team could breach American antitrust laws and are calling for an investigation. In a letter, seen by The Athletic, to the chair of the US Federal Trade Commission Lina Khan and assistant attorney general [...]

    Six serving senators from the United States have said Formula 1’s refusal to accept Andretti’s bid to become the sport’s 11th team could breach American antitrust laws and are calling for an investigation.

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