LA politicians want to mandate prosperity. The $30 minimum wage proves they can’t
If you want to understand why businesses are leaving California, investors are looking elsewhere and common-sense economics seems to have disappeared from public policy, look no further than Los Angeles.In a move that should surprise absolutely no one familiar with California politics, Los Angeles leaders approved a plan to push hotel and airport worker wages to $30 per hour. Supporters call it the "Olympic Wage," arguing that workers should benefit from the economic activity generated by the 20...
Why the economics makes this the craziest world cup ever
Why the economics makes this the craziest world cup everJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorBBCFootball World Cups are rarely completely politics-free but never has the beautiful game navigated a geopolitical high-wire act of this kind. The main host is at war with a participant, whose team must commute in on match days from another country.Add to that the quite astonishing coincidence of the US, Canada and Mexico, the three co-hosts of the 2026 World Cup, bein...
UK defence funding crisis has been a long time coming
John Healey’s complaint is that Starmer sat on this problem for months before making a derisory offerUK politics live – latest updatesJohn Healey’s resignation as defence secretary on Thursday was a long time brewing, though in the end the denouement was swift. It leaves an already weak Keir Starmer without a defence strategy less than a month before a Nato summit and an unresolved row about spending as Donald Trump threatens to restart the bombing of Iran.On Monday, No 10 finally told Healey ho...
Trump Says ‘I Love The Inflation’ After It Reaches 3-Year High
BreakingBusinessTrump Says ‘I Love The Inflation’ After It Reaches 3-Year HighBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorJun 10, 2026, 12:49pm EDTToplinePresident Donald Trump said “I love inflation” after it rose to a three-year high earlier Wednesday amid the Iran war and surging gas prices—his latest dismissal of Americans’ economic concerns.President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Offi...
Furious Mormons riled up in religious spat after they were left off Trump's new categorization of Christians
Furious Mormons riled up in religious spat after they were left off Trump's new categorization of Christians SPECIAL OFFER: Sign up to our weekly US politics newsletter and get three FREE months of DailyMail+ HERESee more Daily Mail on Google - save us as a Preferred SourceBy VICTORIA CHURCHILL, US POLITICAL REPORTER Published: 20:42, 7 June 2026 | Updated: 20:42, 7 June 2026 e-mail View comments
The Nowak murder has lit a match under British politics. This is how we got here
The Nowak murder has lit a match under British politics. This is how we got hereJust nowShareSaveAdd as preferred on GoogleLaura KuenssbergSunday with Laura KuenssbergBBCHenry Nowak's mum and dad were being shown round the Victorian maze that is the Houses of Parliament when they heard politicians talking about their 18-year-old son's murder.They were being taken on a tour of the labyrinthine building in between meetings with Conservative leader Kemi Badenoch and their appointment at Downing Str...
Could Americans Build Wealth Through AI? Why Trump May Be Considering Equity-Sharing Scheme
BreakingBusinessCould Americans Build Wealth Through AI? Why Trump May Be Considering Equity-Sharing SchemeByAlison Durkee,Forbes Staff. Alison is a senior news reporter covering US politics and legal news.Follow AuthorJun 06, 2026, 06:30am EDTToplineThe Trump administration is in talks with AI companies about potentially acquiring a stake in them in order to distribute equity to the American public, multiple outlets report, marking a step forward toward what’s known as “universal basic capital,...
Trump admin. floats tariffs on 60 trading partners after forced labor probe
Politics Trump administration floats tariffs on 60 trading partners — including China, U.K., EU — after forced labor probes By Joe Walsh Joe Walsh Senior Editor, Politics Joe Walsh is a senior editor for digital politics at CBS News. Joe previously covered breaking news for Forbes and local news in Boston. Read Full Bio Joe Walsh June 3, 2026 / 2:46 AM EDT / CBS News Add CBS News on Google The Trump administration has unveiled proposed tariffs of 10% or more on dozens of countries accused of fai...
Despite what the UK right will tell you, appeasing bond markets has actually led to instability | Andy Beckett
Austerity has benefitted bond traders but impoverished British society and led to the rise of populism. Is it right that we carry on adhering to their interests?Should politics always be dominated by economics? Should questions about how governments and voters pay for things – whether by earnings, taxes or borrowing – be settled before we consider the wider consequences?In an anxious capitalist democracy such as Britain, with a modern history of patchy economic success and intermittent but recur...
Will France Be a Top European Hub for AI Infrastructure? | The Pulse 6/1
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Ozan Tarman, Deutsche Bank, Global Macro Vice Chair; Jasmine El-Gamal, Averos Strategies, Founder and CEO. (Source: Bloomberg)
Stocks Hit Record on AI Rally | The China Show 6/1/2026
Bloomberg: The China Show is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
The US is becoming impossible to live in
Welcome to Trump’s America, The i Paper’s World Insight series presenting the sharpest, deepest thinking on an era-defining shift in history and politics, investigating how Donald Trump and his administration have changed the US and the world – and where we go from here. Life in America has become frustratingly, dauntingly expensive. And voters are feeling the pinch. Consumer prices are nearly 23 per cent higher than they were five years ago, according to the Bureau of Labor Statistics. T...
Wall Street Week | Britain’s Debt Problem, Poland’s Economic Boom
This week, the UK’s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting costs. Plus, is Poland is one of the world’s fastest-growing economies, but it faces challenges to keep up its rapid rate of growth. Later, war in the Middle East and US tariffs are simultaneously tightening global aluminu...
No tax charges filed in SPLC probe after IRS lawyers found informant program lawful
Exclusive Politics No tax charges filed in Southern Poverty Law Center probe, after IRS lawyers determined informant program legally structured, sources say By Sarah N. Lynch Sarah N. Lynch Senior Justice Department Reporter Sarah N. Lynch is the senior Justice Department reporter for CBS News, based in Washington, D.C. Read Full Bio Sarah N. Lynch Updated on: May 29, 2026 / 2:49 PM EDT / CBS News Add CBS News on Google Federal agents previously investigated the Southern Poverty Law Center's pai...
Markets Cheer Truce Hopes as Oil Falls | Insight with Haslinda Amin 05/29/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Kalshi Adds Index Tracking Republican, Democratic Power Shifts
Kalshi Inc. launched an index that tracks the changing balance of power in US politics, the first product the prediction-market platform has created beyond its popular event contracts.
Minimum wage rise has made it difficult for employers to hire young people, says Alan Milburn – UK politics live
Government-commissioned report on young people not in employment, education or training to be published by review chair Milburn todayGood morning. For the second day in a row, the Westminster news is dominated by the thoughts of a leading Labour figure from the Tony Blair. But this time it’s an intervention commissioned, and welcomed, by Keir Starmer’s government. Alan Milburn, who has health secretary under Tony Blair, once seen as a future PM, and later chair of the Social Mobility Commisson,...
CXMT Eyes China's Biggest IPO Since 2022 | The China Show 5/28/2026
Bloomberg: The China Show is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Google employee accused of making over $1.2M by insider trading on Polymarket
Politics Google employee accused of making over $1.2M on Polymarket through insider trading By Joe Walsh Joe Walsh Senior Editor, Politics Joe Walsh is a senior editor for digital politics at CBS News. Joe previously covered breaking news for Forbes and local news in Boston. Read Full Bio Joe Walsh May 27, 2026 / 11:00 PM EDT / CBS News Add CBS News on Google A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting...
Ayushman Bharat, Education Policy Discussed At Delhi Workshop For Lawmakers
Healthcare reforms, implementation of the National Education Policy (NEP) 2020 and the growing role of digital communication in politics dominated discussions at a workshop attended by nearly 80 MPs and MLAs in the national capital on Monday.