Up to one-third of British jobs could be taken over by robots by the early 2030s, impacting 10 million Britons but with women less likely to face redundancy, a UK study showed. The research, by accountancy firm PricewaterhouseCoopers LLP, found 30 percent of UK jobs could face automation compared to 38 percent in the United […]
Tag: business news
White House Denies Giving Merkel A Bill For NATO
President Donald Trumpreportedly handed German Chancellor Angela Merkel a bill for around £300 billion ($374 billion) for the money her country “owed” Nato for defending it, a report said on Sunday, a claim that was flatly rejected by the White House. The Times, a U.K.-based publication, cited unnamed sources that claimed Trump handed Merkel a […]
The President’s Approval Ratings Continue To Fall
President Donald Trump’s approval rating has hit a new low, according to the latest Gallup poll. As of Sunday at 1 p.m. ET, Trump’s approval rating has sunk to 37 percent, while those who disapprove of the president’s job stands at 58 percent. His approval rating stood at 45 percent one week prior. The Gallup […]
Despite Trump Boasts, Job Numbers Identical To Obama
President Donald Trump on Friday flipped his approach to the government’s employment report, celebrating the kind of strong showing he dismissed as phony under President Barack Obama. The Labor Department reported that the economy created 235,000 jobs in February, above the 190,000 consensus, allowing the president to claim that business enthusiasm over his approach to […]
Trump Delays New Travel Ban
President Donald Trump was barely in office when he signed an executive order restricting immigration from seven Muslim-majority nations. There was not a moment to waste, he said, because any delay would allow the “bad dudes” to rush into the U.S. Then federal courts struck down his ban. The White House said a new version […]
Iraq Removed From Trump’s Travel Ban List
President Donald Trump’s new immigration order will remove Iraq from the list of countries whose citizens face a temporary U.S. travel ban, U.S. officials say, citing the latest draft in circulation. Trump is expected to sign the executive order in the coming days. Four officials told The Associated Press that the decision followed pressure from […]
Obamacare Is Going To Be Around Longer Than Antincipated
And you thought Obamacare was going to be dead by next year. Two new actions by the Trump administration suggest that the Affordable Care Act may be around for at least a little while more — if not longer. Both moves underscore the difficulty Republicans face in undoing that health-care reform law, as well as […]
Trump Says Anti-Semitism Has To Stop After Uptick In Threats
President Donald Trump on Tuesday condemned anti-Semitism in his strongest terms so far after criticism that he failed to respond specifically to recent threats at Jewish community centers. “I will tell you that anti-Semitism is horrible, and it’s going to stop and it has to stop,” Trump told MSNBC in an exclusive interview, saying he […]
Ethics Office Wants White House To Punish Conway
An independent government ethics office has urged the White House to probe and potentially discipline President Donald Trump’s advisor Kellyanne Conway for comments she made supporting Ivanka Trump’s clothing line. In a letter released Tuesday, Office of Government Ethics Director Walter Shaub told deputy White House counsel Stefan Passantino that Conway appeared to breach a […]
2 Easy Fixes For A Common Social Security Problem
Feel like you need to take a mulligan on your Social Security strategy? More than one-third of retirees decide to claim their benefits as soon as they can, at age 62. Retirees may have good reason to be worried. The program’s trust fund is projected to run out of money in 2030, meaning there won’t […]
Social Security Could Be Short 11 Trillion Dollars
President-elect Donald Trump has said he will preserve Social Security, though if he and Congress do nothing to fix the funding, the financial reckoning will be huge — as much as $11.4 trillion down the road. The last time Congress changed Social Security in a significant way with a series of benefit cuts and payroll […]
China Doing Business With The Taliban
The Taliban say they’re giving China the green light to restart a $3 billion mining project, but Afghanistan’s legal government says the militant group is just blowing smoke. “The Islamic Emirate of Afghanistan directs all its Mujahideen to help in the security of all national projects that are in the higher interest of Islam and […]