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Trump temporarily blocked from firing Fed governor Lisa Cook
A federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
Japan is facing a dementia crisis – can technology help?
Suranjana TewariAsia Business Correspondent, Tokyo BBC Scientists at Waseda University in Tokyo are developing caregiving robots Last year, more than 18,000 older people living with dementia left their homes and went missing in Japan. Almost 500 were later found dead. Police say such cases have doubled since 2012. Elderly people aged 65 and over now…
Should more be done to tackle ghost jobs?
Megan LawtonBusiness reporter AFP via Getty Images One UK study found that 34% of advertised vacancies didn’t really exist The phrase “ghost jobs” might sound like something from Halloween, but it refers to the practice of employers advertising vacancies that don’t exist. In some cases the positions may have already been filled, but in others…
Rachel Reeves backs off from plans to raise income tax rates in Budget
Chris Mason,Political editor and Kate Whannel,Political reporter House of Commons Chancellor Rachel Reeves has decided against raising income tax rates at the Budget later this month. In recent weeks, Reeves had given strong indications she would increase the tax – a move that would have broken Labour’s election manifesto promise not to raise “the basic,…
Leonardo helicopter deal to go ahead after Reeves intervention
Unite called on the government to push ahead with publication of its Defence Investment Plan, to clarify the future of other contracts including the replacing of old fighter jets with new Typhoons, fitted with Rolls Royce engines, and a further commitment to military satellites built in Portsmouth and Stevenage.
