The "trillion pound" oil fund the government believes Britain could have built

BBC - Oct 21, 2026

For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.

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Oct 21, 2026

Alaska’s Journalists Join Forces to Cover the Midterms

The state’s challenging geography and newspapers’ broader economic struggles have stretched reporters in Alaska, just as its competitive U.S. Senate race has grabbed national attention.

Oct 21, 2026

Civil servant admits he 'made mistakes' juggling five government jobs

Kashim Chowdhury was contracted for 183 hours a week, more than the number of hours in seven days.

Oct 21, 2026

Musk: SpaceX, Tesla merger a 'good idea'

Elon Musk said Tuesday that his two companies, SpaceX and Tesla, have formed independent special committees to discuss the potential merger, calling it "a good idea." "I think it would be a good idea, but it's really up to the special committees of both companies," Musk told investors on a conference call, according to a...

Oct 21, 2026

U.K. Approves Long-Stalled Jackdaw Gas Drilling Project in the North Sea

The project will lessen the country’s dependence on imported energy, though environmental advocates say it undercuts a pledge to reduce carbon emissions.

Oct 21, 2026

Investors 'almost certainly' in midst of AI bubble: Ken Griffin

Billionaire investor Ken Griffin said Tuesday that investors are dealing with an artificial intelligence bubble, as companies rack up debt to satisfy the demand for data centers and models. “There’s almost certainly bubbles within this moment in time. And any radical transformation of our economy is generally intertwined with a bubble,” Griffin, the founder of...

Oct 21, 2026

SpaceX Boosts the A.I. Rally

Tech stocks are up after the rocket and artificial intelligence company beat earnings estimates — and Elon Musk confirmed it is weighing a deal with Tesla.

Oct 21, 2026

Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge

The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.

Oct 21, 2026

Inflation and government borrowing highest for a year ahead of next week's Budget

Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).

Oct 21, 2026

The next Senate class will decide Social Security's fate. Can they meet halfway to save it?

The 2027 Senate class will be the first delegation in more than four decades forced to address Social Security’s potential insolvency. The federal program is poised to run out of funds by 2032, triggering a 22-percent cut in benefits for tens of millions of Americans unless lawmakers act. Some bipartisan consensus has emerged among Senate...

Oct 21, 2026

How higher bond yields are threatening the AI-fueled stock rally

Bond yields in the U.S. have risen this year, slowing down a stock market that has risen for years on the back of the AI build-out. After consistently rising, with a few exceptions, from late March through mid-August, the S&P 500 is down nearly 90 points from Oct. 7. The Nasdaq composite, meanwhile, is down...

Oct 21, 2026

Senator Asks 4 Accounting Giants to Describe Malta Tax Advice

Ron Wyden, ranking Democrat on the Senate Finance Committee, is investigating the firms over their role in helping corporations dodge billions in taxes.

Oct 21, 2026

A Battle for Control of India’s Biggest Business Empire

A boardroom fight, an attempted veto and government intervention have plunged the Tata Group, one of India’s most revered institutions, into a fight over its future.