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Medicaid billing allowed to resume for Planned Parenthood after being cut off
Defunding, mandated in Trump’s 2025 policy, has been blamed for closure of clinics as well as reduction in screenings for cancer and STDsPlanned Parenthood and two smaller regional abortion providers are resuming billing Medicaid for services other than abortion after being cut off for most of a year.The defunding, which was mandated in Donald Trump’s big tax and policy in July 2025, has been blamed in the closure of multiple clinics as well as a reduction in the number of Planned Parenthood pat...
Trillion-dollar gamble: Does the AI boom risk repeating the dot-com crash?
Central banks globally are raising concerns about the long-term viability of extensive AI investments. Historically, breakthrough technologies garner funding that exceeds mere financial benefits. Companies are pouring trillions into AI systems and sophisticated computing solutions. The BIS advocates for a careful approach, emphasizing the difference between innovation and assured future earnings. It's essential for regulators to scrutinize AI's financial frameworks and the associated systemic ri...
Budget Energy to increase prices by 9.5% for some customers
Budget Energy to increase prices by 9.5% for some customersImage source, Getty ImagesImage caption, Customers on fixed-price tariffs will not be affected.ByLili BusbyBBC News NIPublishedJust nowBudget Energy is the latest energy provider to increase its prices, with a 9.5% hike announced for some customers next month.The increase will apply to to its residential electricity unit rates and standing charges for customers on variable tariffs, effective from 4 August.Customers on fixed-price tariffs...
Major Chinese car brand faces chaos as UK importer collapses with immediate effect
A Chinese car brand could be forced to exit the UK market after its importer abruptly ceased operations with immediate effect.Skywell dealers have been impacted by the closure of Innovation Automotive, which has ceased trading, impacting the future of the Chinese automaker.Innovation Automotive announced that it would be ending operations, pointing to a need for huge investments to compete in the UK car market.The company appointed 16 Skywell dealers across England and Wales over the last two ye...
India's economy passed the Iran war test. Could El Nino spoil the party?
Economists say that the world’s fastest growing economy may even end up clocking a 7% GDP growth number this year. But, domestically a poor monsoon caused by El Nino is painting a grim picture for inflation. Is the worst really over for the Indian economy?
Chinese billionaire warns as Japan, South Korea & others move into ‘super-aged’ status
Asian nations face a demographic crisis with declining birth rates and aging populations. James Liang warns this trend could diminish innovation and human oversight of artificial intelligence. Governments are implementing pro-family policies, but their effectiveness remains uncertain. Even India's fertility rate has fallen below replacement levels globally. A shrinking workforce may cede control to advanced AI systems.
High-spending online gamblers to face financial risk checks
High-spending online gamblers to face financial risk checksImage source, Getty ImagesByEmma SimpsonBusiness correspondentPublishedJust nowGamblers who spend more than £1,000 online in a 24-hour window will have to undergo a financial risk assessment, the industry regulator has announced.The Gambling Commission said this would also apply to anyone spending over £3,000 in a rolling 90-day period. Under-25s will have lower thresholds.The assessments will be based on data held by credit reference ag...
China trains Belt and Road technical talent
China is training a new generation of engineers and technicians from Belt and Road partner countries through its “New-Quality Technician" Vocational Skills Training Program. In Suzhou, participants from Indonesia and Laos are gaining hands-on experience in advanced manufacturing and automation. CGTN's Wang Tianyu has the story.
أثرياء العرب: كيف جمع 5 من أغنى المليارديرات ثرواتهم في زمن قياسي!
شاهد كيف استطاع أغنى 5 مليارديرات عرب تحويل الأفكار إلى ثروات طائلة! لن تصدق الأرقام والمفاجآت التي سنكشفها في هذا المقال.
How to secure regular income from your savings: Our guide to cashing in with investment trusts - and the best options for your money
If you are after a regular income from savings, investment trusts can be a neat solution. But due to how they're set up, they tend to perform better than regular funds investing in the same assets.
Unveiling the Wealth: How the Richest Arab Billionaires Built Their Empires
Prepare to be amazed as we uncover the incredible journeys of the richest Arab billionaires. From oil barons to tech moguls, these visionaries transformed fortunes into legends, amassing wealth that changes the landscape of global economics.
Half of Americans struggle to afford groceries and gas, exclusive poll finds
About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the GuardianNinety-five per cent of Americans believe the US is suffering an affordability crisis, as many report trouble with the rising cost of groceries and gas, according to an exclusive new poll conducted for the Guardian.The survey, conducted by Harris Poll, paints a bleak picture of how people feel about the US economy amid the war in Iran and ahead of...
BoE plans to ease capital rules despite fears on AI stability threat
Bank of England financial policy committee members voice concern on trimming lenders’ financial buffersBusiness live – latest updatesThe Bank of England is planning to loosen capital requirements for major UK lenders, even as policymakers expressed concern about the threat to financial stability from rapid AI developments and debt-fuelled stock investments.The central bank said on Tuesday it was looking to remove and loosen some rules introduced after the 2008 financial crisis that determine the...
House prices hit fresh highs in Spain and Portugal. What's behind it?
In Spain and Portugal, the housing market is hitting new highs, with property prices climbing steeply and leaving many potential buyers priced out. The surge is driven by a mix of high demand and scant supply. Although mortgage approval rates are increasing, challenges like rising borrowing costs and stricter lending rules in Portugal pose risks.
One million more UK homeowners set to face higher mortgages
One million more UK homeowners set to face higher mortgagesImage source, Getty ImagesByKevin PeacheyCost of living correspondentPublishedJust nowThe impact of the Iran war means a million more homeowners face higher mortgage bills than the Bank of England had previously expected.Just over five million homeowners should expect their monthly mortgage repayments increase by the end of 2028, according to Bank forecasts.That compared to four million projected by the Bank in December.However, the Bank...
Meet 'Project 2029' — and its war on the annoyance economy
Remember Project 2025? Democrats are building their own governing blueprint, and one proposal takes aim at the "annoyance economy": robocalls, endless hold times, hidden fees and other everyday frustrations.
Microsoft Xbox layoffs: CEO says 'We lost 64 cents on every dollar'
Microsoft's Xbox division is eliminating approximately 3,200 jobs as part of a major business restructure. The company is resetting its strategy after experiencing slower-than-expected growth and rising costs. Xbox is also simplifying its management structure, reducing layers from fourteen down to five. Four studios, including Compulsion Games, will move to new independent ownership. Xbox expects to return to growth in 2027 and entertain over a billion people daily.
Thames Water creditors ‘will bid for company even if it is nationalised’
Group of 100 investors still discussing £10bn rescue proposal with officials from regulator Ofwat, says reportBusiness live – latest updatesThames Water’s creditors are willing to pursue their bid for the debt-laden company even if the next likely prime minister, Andy Burnham, brings it into temporary nationalisation.The group of 100 institutional investors, which hold about £14bn of Thames’s senior debt, are still discussing its £10bn rescue proposal for the struggling company with officials fr...
From fake WA stock tips to bogus trading apps: List of investment scams flagged by MHA
The ministry of home affairs (MHA) has warned citizens against a surge in online investment scams, saying cybercriminals are increasingly using messaging platforms such as WhatsApp and Telegram to lure victims with promises of quick, high and guaranteed returns.
Suspecting wife's fidelity, Karnataka man kicks infant, throws baby to floor during fight
A father has been arrested in Bengaluru for allegedly killing his infant daughter. The child died after her father reportedly kicked and threw her during an argument. Initially, the parents claimed the baby had fallen accidentally from a cot. Post-mortem examination revealed severe internal injuries inconsistent with a fall. Police are now searching for the mother who is currently absconding.
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