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Nvidia to invest $5bn in rival Intel
Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
Jerome Powell: World central bank chiefs declare support for US Fed chair
Central banks across the world have joined together to declare that they stand in “full solidarity” with the Federal Reserve’s chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European Central Bank and the Bank of Canada are among 11 senior bankers who have signed…
What are tariffs, how do they work and why is Trump using them?
Getty Images US President Donald Trump has introduced tariffs on goods reaching it from countries around the world. Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy. But he has also used the taxes to make other demands, and has…
Trump moves to ban home purchases by institutional investors
Danielle KayeBusiness reporter Houston Chronicle via Getty Images A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. US President Donald Trump has said he will move to ban big corporate investors from buying single-family homes, in a bid to make housing more…
Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS
Michael Sheils McNameeBusiness reporter EPA Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said. Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet…
