Business News

Washington state's new 'historic' millionaire tax aims to tap the wealth of Gates, Bezos & other tech billionaires. Will it succeed where past efforts failed?

New analysis reveals how capital gains tax discount and negative gearing rules have turbocharged debt-fueled property speculation, contributing to the housing affordability crisis.

GM lays off workers and idles plant as electric truck demand craters due to tariffs and reduced federal incentives, forcing automakers to scale back EV production plans.

Homes England partners with Aviva in a landmark £100 million investment to rapidly build thousands of new homes and mixed-use developments across the UK.

National Housing Bank and Aviva partner to construct thousands of high-quality family homes in Liverpool, Manchester, and other UK cities, revitalizing communities and regional economies.

Gas prices in the US have reached a new high, crossing the $4 per gallon mark for the first time since 2022 as the ongoing conflict with Iran continues to impact fuel costs.

The Charity Commission has launched a statutory inquiry into the Gorgias Charitable Trust, freezing the organization's assets due to accounting concerns. The investigation aims to address financial transparency issues.

UK's competition watchdog CMA announces far-reaching measures to spur innovation and choice in the critical business software and cloud services markets.

Homes England has announced the launch of the National Housing Bank, a landmark initiative to accelerate the delivery of new homes and mixed-use developments across the UK.

Unilever is in advanced talks to merge its food business, including Hellmann's and Knorr, with US-based McCormick in a $60 billion deal. The new entity will give Unilever majority control.