EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan

Signage for SBI Funds Management Ltd. at a news conference in Mumbai, India, on Thursday, July 9, 2026. Bloomberg | Bloomberg | Getty Images India’s biggest public market offering this year, SBI Fund Management, has garnered bids worth 2.97 trillion rupees ($30.7 billion), underscoring the liquidity available in the market ahead of the much larger…

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters Silicon Valley leaders from Elon Musk to OpenAI CEO Sam Altman have hyped the deflationary effects of the artificial intelligence boom. “Intelligence too cheap to meter is well…

12:01 AM, 11th September 2026, 2 days ago Residential property tribunal cases jumped 56% year on year during the quarter in which the Renters’ Rights Act came into force, according to analysis of Ministry of Justice (MoJ) figures. Savills says 4,613 cases were received between April and June, compared with just under 3,000 during the…

Key insight: The Federal Reserve Board and Federal Reserve Vice Chair for Supervision Michelle Bowman are being sued over the agency’s handling of the notice-and-comment rulemaking process for its latest Basel III capital proposal.  Expert quote:  “The APA’s fundamental purposes, including ensuring that the public has a meaningful opportunity to participate in the rulemaking process…

California family offices with clients at or near the $1 billion net worth threshold should be monitoring Proposition 40, the 2026 Billionaire Tax Act, which has qualified for the Nov. 3 ballot and could impose a one-time tax of up to 5% on the net worth of certain California residents if approved by voters. Although…