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US Treasury Secretary Scott Bessent said his risky US gamble on Argentina’s currency has paid off. Bessent said American financial support had been repaid and the US no longer held any Argentine pesos in its exchange stabilisation fund. The US had purchased the then-plunging currency last year in an effort to stave off further turmoil…
The number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world’s largest economy drew to a close. Employers added 50,000 jobs in the final month of 2025, according to Labor Department data, which was fewer than expected. But the unemployment rate dipped…
Elon Musk’s platform X has limited image editing with its AI tool Grok to paying users, after it came under fire for allowing people to make sexualised deepfakes. There has been a significant backlash after the chatbot honoured requests from users to digitally alter images of other people by undressing them without their consent. But…
The government has urged the regulator Ofcom to use all its powers – up to and including an effective ban – against X over concerns about unlawful AI images created on the site. Ofcom’s powers include the ability to obtain a court order to prevent third parties from helping the Elon Musk-owned platform from raising…
Joe FayTechnology Reporter Getty Images Excel remains popular despite being 40-years-old In the 1990s some computer games had a “boss key” that allowed staff to call up an Excel spreadsheet if they needed to look like they were working. Now bosses might frown upon a worker caught labouring over a spreadsheet. Excel, owned by Microsoft,…
High street shops, pharmacies and music venues have called on Rachel Reeves to axe the looming increases to business rates for them as well as pubs. The government is expected to announce a climbdown on the increases to business rates bills faced by pubs in England in the coming days. Landlords and pub owners have…
The boss of Greggs said there was “no doubt” hugely popular appetite suppressing drugs have led to people looking for “smaller portions”, affecting the company’s bottom line. People are also looking for “protein and fibre”, and generally healthier options, Roisin Currie said, adding the bakery has been introducing products to tap into that market. Greggs…
Some islanders are struggling to heat their homes in cold temperatures, a homeless charity boss has warned. The Shelter Trust chairman Mike Powell said he was concerned some people were “effectively rough sleeping at home” because they could not afford energy bills. “We think with more cold months likely to come the problem will become…
The government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs. In the coming days the government is expected to say it will make changes to how pubs’ business rates are calculated, resulting in smaller rises to bills. Treasury officials say they have recognised the financial difficulties…
