UK mini budget cuts taxes and borrows hard as recession hits

London CNN Business – a huge gamble by the UK government with the aim of saving Economy out of recession And promote long-term growth sent pound drop Friday. Announcing the biggest tax cuts in 50 years, Finance Minister Kwasi Quarting said at the same time as spending was boosted, the government needed a “new approach … Read more

LIV Golf: Golf legend Greg Norman pressed behind closed doors in a ‘lively’ Republican debate over the Saudi-backed LIV Tour

CNN – Greg Norman, head of the Saudi-backed controversial Leaf golf tourfaced some conservative criticism Tuesday after he met a group of Republican House of Representatives behind closed doors on Capitol Hill. Norman, who was on a trip to Washington as part of a PR effort to sell lawmakers about the benefits of the PGA … Read more

Rail strike looms and the economic damage it may cause

New York CNN Business – a freight rail strikeAnd the economic disruption it can cause, is getting closer and closer to reality. While two other rail unions reached tentative agreements with the railroad department on new contracts on Tuesday, the two most important unions — which represent the engineers and conductors who make up the … Read more