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Millions of older workers could face a longer wait until they retire amid reports that changes to the state pension age could be brought forward. Currently, the state pension age is due to rise to 68 from 2044 but a report from the Office for Budget Responsibility (OBR) suggests this could take place sooner. It…
New York sued Kalshi Inc.’s trading subsidiary for allegedly running an illegal, unlicensed gambling operation in the state, marking another legal hurdle for an industry that has won support from the Trump administration. Processing Content The suit, filed Friday in state court in Manhattan, alleges that Kalshi’s prediction market exposes state residents – including those…
Workers could boost their retirement pots by thousands of pounds under major government reforms. The Department for Work and Pensions (DWP) has laid out its workplace pensions roadmap for the next three years, aimed at bettering outcomes for savers. The government estimates that, on current trends, those retiring in 2050 will have lower private pension…
Crews recently broke ground on a North Lawndale community, the Trumbull Collection, a group of nine market-rate three-flat apartment buildings. The $6.5 million project will replace eight vacant lots on the 1600 and 1800 blocks of S. Drake Ave. and S. Trumbull Ave. with 27 mid-density homes. The city-backed project is being led by Westside…
Federal Reserve Gov. Christopher WallerBloomberg News Processing Content Key insight: A top official on the Federal Open Market Committee said he will be ready to support rate hikes in the “near term” if inflation measures continue to rise. Expert quote: “When inflation is well above its target and the labor market is near full employment…
The first half of 2026 was disrupted by geopolitics. As we sweat through a sweltering summer, could the climate be the major driver in the second half? Europe’s heatwaves have already had noticeable economic impacts. Barges transporting goods along the Rhine have had to reduce their capacity thanks to lower water levels, while France cut…