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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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30.10 / 17:09
markets
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Did King Charles ignore his doctor's advice? His medical team is worried that he skipped cancer treatment during Australia and Samoa tour
While his team had expected him to rest post-tour for a health assessment, King Charles has moved ahead with plans for upcoming royal engagements. During a traditional Ava ceremony in Samoa, he referenced his health, telling attendees he hoped to “survive long enough” to return, reflecting on his connection to the region. Also Read: Ironheart: Release date revealed, cast, streaming platform and more
30.10 / 17:09
UPS
Racing
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Election
2020
Colleges
Trump vs Harris: How the US electorate splits ahead of Election Day
Donald Trump and Democrat Kamala Harris has divided the U.S. electorate along lines of gender, race and education, with Trump improving his standing among men — particularly Hispanic men — while Harris' support has surged among women, helping her cut away at the Republicans' longstanding edge with white voters. The following figures draw from an analysis of more than 14,000 responses by registered voters in Reuters/Ipsos polls conducted in October of this year and in the same month of 2020. The numbers have levels of precision between 2 and 6 percentage points. * Among women, Harris led Trump this month by 12 percentage points: 50% to 38%. By comparison, Biden led Trump by 5 points among women voters in October 2020. Some respondents in the polls said they were unsure how they would vote, or that they might pick a third-party candidate or not vote at all.
30.10 / 17:09
UPS
Strategy
stars
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Relationships
Sophie Turner opens up on challenges with Joe Jonas, moving to England, and impact of Roe v. Wade reversal
In a candid profile with Harper’s Bazaar for the 2024 Women of the Year edition, actress Sophie Turner reflected on her relationship with Joe Jonas, sharing insights on their recent split and her emotional journey through marriage, motherhood, and moving back to England. Though once a fairytale romance, her marriage to Jonas Brothers singer Joe Jonas ended after four years, as Turner’s recent comments shed light on how their once-glamorous, high-profile relationship gradually faced mounting challenges.
30.10 / 17:09
markets
Reuters
Analysis
Research
Trade
Experts
reports
Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay
Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+ may delay a planned oil output increase. After falling more than 6% earlier in the week on the reduced risk of wider Middle East war, Brent crude futures gained $1.81, or 2.5%, to $72.93 a barrel by 11:30 a.m. EDT (1530 GMT). U.S. West Texas Intermediate crude rose $1.85, or 2.8%, to $69.06.
30.10 / 17:09
Strategy
Celebrity
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pop
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Justin Timberlake and Jessica Biel going through a rough patch; their 12th wedding anniversary wasn’t romantic at all
wedding anniversary of Justin Timberlake and Jessica Biel wasn't romantic despite a tough patch. The customary presents to commemorate 12 years of marriage are silk or exquisite linens. However, Jessica Biel and Justin Timberlake would have been content with a private evening, as quoted in a report by In Touch. During his October 4 performance in Montreal, the 43-year-old pop star shouted out to his wife on their anniversary, while Jessica, 42, blew kisses at him from offstage.
30.10 / 17:07
UPS
Provident
Target
Autumn Budget 24: AIM rallies following introduction of 20% IHT rate
According to data from the London Stock Exchange, AIM was up 3.8% at the time of publication at 743.2p following a close at 715.8p on Tuesday (29 October). AIM shares have historically enjoyed tax relief from IHT, given that investors held them for at least two years. Autumn Budget 24: Chancellor Reeves sets 20% IHT rate on AIM shares However, following months of speculation that AIM shares would be the target of an IHT raid, the chancellor revealed at the Autumn Budget that she will provide a 50% relief, meaning the effective rate on inheritance tax will stand at 20% rather than t...
30.10 / 16:45
information
OBR: Undisclosed spending pressures led to 'materially different' Spring Budget forecasts
A review published by the UK's independent fiscal watchdog today (30 October) found that if the withheld information had been shared before the Budget, it would have led to a different assessment of 2024-25 departmental spending. The underspend assumption of £2.9bn would «very likely» have been dropped, leading to a «materially higher» spending forecast. However, the OBR noted it is not possible to judge exactly how much higher. Autumn Budget 24: Government to raise taxes by £40bn to plug UK's fiscal hole Had the OBR been fully informed of the pressures during the March forecast p...
30.10 / 16:45
economy
Updates
Autumn Budget 24: OBR upgrades UK economic growth to 1.1% in 2024
Based on data from the Office for Budget Responsibility (OBR), Reeves said the forecast for Britain's GDP was higher than the 0.8% predicted by the OBR in March. However, the updated figure was slightly lower than the Bank of England's latest prediction of 1.1%. The latest data for 2024 matches the consensus forecasts among economists, while Capital Economics was expecting GDP growth to hover at 1% for 2024. According to the OBR, the UK economy is predicted to grow 2% in 2025, 1.8% in 2026, before declining to 1.5% in 2027 and 2028. Autumn Budget 24: Government to raise taxes b...
30.10 / 16:45
markets
reports
Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom
According to data from MarketWatch, the FTSE 100 rose by almost 0.4% to over 8,200 as Reeves spoke, a level that has since declined to around 8,174 at the time of reporting. Meanwhile, the FTSE 250 has risen by 1.1% since markets opened this morning (30 October) after falling earlier on Tuesday (29 October). During the chancellor's speech, sterling strengthened against the dollar to above $1.3, having dropped below $1.295 earlier today. Smaller companies also received a boost as the FTSE AIM All Share index rallied by around 3.8% over the course of the chancellor's speech, accord...
30.10 / 16:45
Ten key takeaways from Autumn Budget 2024
Government to raise taxes by £40bn to plug UK's fiscal hole Delivering the Labour Party's first fiscal event since 2010, Reeves told MPs that taxes will be raised by £40bn, one of the largest increases in a generation. Autumn Budget 24: Labour raises lower and higher rates of capital gains tax with immediate effect The chancellor said Britain had inherited broken public finances and public services from the previous government, and pointed once again to the so-called £22bn ‘black hole' in public finances allegedly left by the Conservatives. «Any chancellor standing here today wou...
30.10 / 16:45
Autumn Budget 24: ISA regime left untouched despite financial services agenda pledge
The Treasury set out that annual subscription limits will remain at £20,000 for individual savings accounts, £4,000 for Lifetime ISAs and £9,000 for Junior ISAs and child trust funds until 5 April 2030. Autumn Budget 24: Labour raises lower and higher rates of capital gains tax with immediate effect In the Budget document, the government also confirmed the scrapping of the Great British ISA, introduced by former chancellor Jeremy Hunt back in his Spring Budget in March. This was supposed to give retail investors an additional £5,000 annual allowance to invest in British companies. ...
30.10 / 16:45
Autumn Budget 24: Labour hikes employers' National Insurance by 1.2%
Labour has moved forwards with an employers' NI hike of 1.2% in the Autumn Budget to 15%, with the threshold lowered and changes to employment allowance. The threshold at which employers pay NI will drop from £9,100 a year to £5,000. «I know that this is a difficult choice. I do not take this decision lightly,» Reeves said. «We are asking businesses to contribute more, and I know that there will be impacts of this measure felt beyond businesses too, as the OBR has set out today.» The employment allowance will increase from £5,000 to £10,500. The chancellor said this should mean 865,00...
30.10 / 16:45
Action
economy
Boxing
country
Autumn Budget 24: Reeves' 'tough' Budget not as bad as feared despite UK ushering in largest tax hikes in a generation
For the first time in 14 years, Labour had a chance to put into action its economic vision for the country, which Reeves said aimed to «restore stability to our economy and to begin a decade of national renewal, to fix the foundations and deliver change through responsible leadership in the national interest». «The only way to drive economic growth is to invest, invest, invest,» she declared from the despatch box. «There are no shortcuts. And to deliver that investment, we must restore economics, stability and turn the page.» Autumn Budget 24: Government to raise taxes by £40bn to ...
30.10 / 16:45
Autumn Budget 24: Non-dom status abolished from April 2025
Announced in the Autumn Budget today (30 October), Chancellor Rachel Reeves says she will remove the «outdated concept» of domicile from the tax system from April 2025. She says she will introduce a new, residence-based scheme with «internationally competitive arrangements» for those coming to the UK on a temporary basis. The move will remove the 50% discount on foreign income in 2025/26, apply inheritance tax, set the capital gains tax rebasing date at 5 April 2017, and extend the Temporary Repatriation Facility from two to three years. The Office for Budget Responsibility said th...
30.10 / 16:45
UPS
Autumn Budget 24: Income tax threshold freeze to be lifted in 2028/29
In the first Labour Budget for 14 years, Chancellor Rachel Reeves says economic stability must be restored. But extending the income tax freeze would hurt working people, the chancellor said. Reeves, the UK's first female chancellor, has already confirmed that the National Living Wage will rise in April, with rates for over-21s set to go up to £12.21 an hour, an increase of 6.7%. In addition, the National Minimum Wage will rise for people aged between 18 and 20 years old from £8.60 to £10. Apprentices will get the biggest pay bump, with hourly pay increasing from £6.40 to £7.55. ...
30.10 / 16:01
UPS
FIVE
Gap
security
show
inclusion
reports
Homeownership, pension plans playing big role in Canada’s wealth gap
Statistics Canada’s latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what’s owned by Canada’s richest families.
30.10 / 16:01
CRA
Election
wellness
reports
Bare trust tax filing rules are getting another exemption, CRA says
The Canada Revenue Agency is getting out ahead of the confusion stoked by an eleventh-hour reversal on bare trust tax reporting requirements last year.
30.10 / 15:33
UPS
CEO
Gap
show
country
innovations
Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared
LONDON — Britain's Labour government on Wednesday announced plans to raise the rate of capital gains tax on share sales, news that offered some relief for technology entrepreneurs who feared a more intense tax raid on the wealthy.
30.10 / 15:29
Aviat
SUN
love
Photos
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jazz
Tracing the footsteps of F. Scott and Zelda Fitzgerald on the French Riviera
Subscribe to enjoy similar stories. The Bar Fitzgerald in the Hôtel Belles Rives qualifies as one of Europe’s most sybaritic literary shrines. Resembling the interior of a Jazz Age ocean liner and filled with stylish art-deco furniture, it is perched above the glittering waters of Cap d’Antibes, offering voluptuous views across the French Riviera to Cannes.
30.10 / 15:09
markets
Citi
Provident
Digital
Platform
Metro
exclusive
Space World group to raise funds for new fibre ventures
Subscribe to enjoy similar stories. Space World group is evaluating various routes to raise funds to channel into new ventures Constl and Ranext that will offer fibre connectivity between data centres and in-building plug-and-play fibre network for internet services providers. Founder Ankit Goel told Mint in an exclusive interaction that the company will go to market in the next three to six months to raise funds but was yet to decide the route it would take and the equity it intended to dilute.
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