U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images The cuts were poorly received by financial markets and a scrapping of the 45% tax paid on incomes over £150,000 ($166,770) was …

A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough stance could come at a price. Already, falling stock markets have wiped out more than $9 trillion in wealth from U.S. households. Fed Chairman Jerome Powell also warned the central bank’s upcoming …

A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising concerns over the Swiss bank’s financial health, the Financial Times reported, citing people involved in …

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters With an ugly September in the rear-view mirror, it’s tempting for investors to make impulsive decisions. The three major indexes ended the month with sizeable losses, rocked by spiking bond …

Russian paramilitary groups are raising funds in cryptocurrency using messaging app Telegram, according to research published by TRM Labs. Matt Cardy | Getty Images News | Getty Images Pro-Russian groups are raising funds in cryptocurrency to prop up paramilitary operations and evade U.S. sanctions as the war with Ukraine wages …

It’s also great to see young professionals embracing India’s startup ecosystem, with 56% of all hires in the top 25 startups being aged below 30. Nirajita Banerjee Managing editor, LinkedIn News India “Edtech has also made its mark in the list,” she said, naming companies like upGrad, GrowthSchool and Classplus. …

Dragos Condrea | Istock | Getty Images A bipartisan bill in the House aims to fix a costly enrollment mistake that some older adults make when they transition to Medicare from an employer-based health plan. Under current rules, workers age 65 or older who leave their job but keep their …

Peter Dazeley | Getty Images For many federal student loan borrowers, strategizing repayment is critical, given that payments, interest and collections — paused since March 2020 — are expected to resume after Dec. 31. This is true even as nearly 45% of borrowers, or close to 20 million people, would …

Americans are willing to spend a good amount of money on their favorite sports teams. Tickets for Super Bowl LVI sold for an average of around $9,500, according to TicketIQ, for example. And this fall, 33% of Americans are anticipating going into debt after splurging on their favorite teams. That’s …

When it’s raining outside and thunder follows, it’s likely that lightning is pretty close behind and there are some places you shouldn’t be for your own safety — mostly outdoors. “When thunder roars, go indoors and stay there for 30 minutes after the last clap of thunder,” the National Weather …