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Revised UK welfare reforms to push 150,000 into poverty
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Watering down the government’s flagship welfare changes will cost taxpayers £2.5bn, work and pensions secretary Liz Kendall admitted on Monday, as...
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Longtime Bessemer investor Mary D’Onofrio, who backed Anthropic and Canva, leaves for Crosslink Capital
Mary D’Onofrio, who led Bessemer Venture Partners’ investments in unicorns including Anthropic and Canva, has left to join Crosslink Capital, Fortune has exclusively learned. D’Onofrio will lead Crosslink’s crossover fund, focusing on Series B-plus investments in AI vertical software and infrastructure.“The...
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US dollar suffers worst start to year since 1973
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US dollar is headed for its worst first half of the year since 1973, as Donald Trump’s trade and economic...
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GoFundMe Exec on women’s philanthropic giving and the platform’s new investment product
– Funding the future. Even when they are not the breadwinners, women tend to make many of their households’ financial decisions, including charitable giving. And with the impending great wealth transfer, in which women in particular are expected to...
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Impossible Metals Appoints Mike Regan as Chief Growth Officer to Lead Capital Strategy and Growth
Article contentSAN JOSE, Calif. — Impossible Metals, the underwater robotics company unlocking sustainable critical minerals from the deep ocean, has appointed venture investor and strategist Mike Regan as its Chief Growth Officer.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now...
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Canada scraps tech tax to advance trade talks with Donald Trump
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldCanada has scrapped a digital services tax that targeted US technology companies, in an effort to smooth trade negotiations...
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Ministers face showdown on UK welfare reform as concessions fail to quash rebellion
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government faces a crunch vote on its controversial welfare reforms, with ministers refusing to say if concessions by them...
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Senate GOP restores Medicaid cuts to Trump tax package
Senate Republicans restored major Medicaid cuts to Donald Trump’s signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.Spending cuts to the health insurance program for the poor and disabled partially offset revenue losses from tax cuts...
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Stocks eye fresh highs as tax cuts advance in Senate while Trump balks at extending tariff deadline
Jason Ma -
U.S. markets are poised for new highs as President Donald Trump’s legislative agenda of tax cuts and spending priorities cleared a key hurdle in the Senate, even as he also cast doubt on trade talks.Futures for the Dow Jones Industrial Average...
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Republicans struggle to pass Trump’s ‘big, beautiful bill’ as debate drags on
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldRepublican lawmakers were on Sunday struggling to find the votes to pass Donald Trump’s landmark tax and spending bill...