GMO 7-Year Asset Class Forecast: May 2024

The Telegraph
Labour must slash their own lavish pensions if they really believe in public ‘service’
It now looks like a dead-cert that next month Rachel Reeves will become our new chancellor.
The Telegraph
Western incompetence is handing aerospace dominance to China
Regulators have concluded Boeing should face criminal charges over safety issues on the 737. It is being sued over a mid-air blowout. And design faults have left a pair of astronauts stranded in space.
Insider Monkey
The Wealthiest Person in Norway
We recently compiled a list of the 12 Wealthiest People in Norway and in this article, we will look at the richest person in Norway. Norway’s Economy: An Outlook Norway is a highly developed country with a rather small yet robust economy. It is one of the richest countries in the world with a GDP per […]
Eastern Daily Press
Banking hub opens in town after Lloyds closure
A permanent banking hub has opened in Downham Market's High Street after Lloyds closed the west Norfolk town's last bank three months ago.
The Northern Echo
Two jobs up for grabs at Beamish Museum - here's how to apply
Beamish Museum welcomes around 800,000 visitors every year - and is hiring for new staff to keep the attraction ticking over.
The Telegraph
Restaurants want British waiting staff. They just can’t get them
When Yotam Ottolenghi slashed the opening hours at some of his London restaurants last year, the celebrity chef blamed an inability to recruit enough staff.
The Guardian
Unpaid UK carers ‘face financial hit that can last decades’
Loss of income, curbs on benefits and soaring bills are piling pressure on people caring for family members
CNN Business
Here’s what it means when a company like Boeing faces criminal charges
Criminal charges against a corporation, like the ones the Justice Department is considering bringing against Boeing, would be a serious blow, worsening the company’s already precarious financial situation and further damaging its battered reputation. But it wouldn’t necessarily result in past or current executives facing prison time.
Reuters
Texas wins court block on Biden overtime pay rule
(Reuters) -A federal judge in Texas on Friday temporarily blocked a Biden administration rule from taking effect that would extend mandatory overtime pay to 4 million salaried U.S. workers. U.S. District Judge Sean Jordan in Sherman, Texas, said the U.S. Department of Labor rule that is set to go into effect on Monday improperly bases eligibility for overtime pay on workers' wages rather than their job duties. Jordan, an appointee of Republican former President Donald Trump, blocked the Labor Department from applying the rule to state workers in Texas pending the outcome of a legal challenge by the Republican-led state.
Hereford Times
Can you identify this Hereford scene from yesteryear?
IF you live in Herefordshire, you have probably been in this building at one time or another... but where is it?
TechCrunch
Following raft of consumer complaints, Shein and Temu face early EU scrutiny of DSA compliance
Ultra-low-cost e-commerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union's digital services regulation, the Digital Services Act (DSA), but on Friday the Commission announced it's sent a bunch of requests for information (RFI) to both platforms vis-à-vis to their compliance with various requirements of the law. The DSA is the bloc's recently rebooted online rulebook which aims to raise standards on digital services including marketplaces -- with lawmakers touting the regime as their tool of choice to shrink consumer risks in areas like the sale of illegal or dangerous goods.
BuzzFeed
Financial Experts Are Sharing Their Best Advice For Your 20s, 30s, 40s And Beyond
Here's what personal finance experts recommend you do with your money from your 20s to your 80s.
The Northern Echo
How smart are you? Take this pub quiz to find out
Find out how good your general knowledge is with our quiz that will get you ready for your next trip to the pub.
Yahoo Finance
Cheat sheet: What you need to know about about the great car dealer software hack
After numerous dealerships across Canada and the US reported system outages, CDK Global revealed it had been the victim of a cyberattack. Here's what you need to know.
Business Insider
A millennial making $350,000 a year through overemployment says he only worked 50 hours a week
A Texas-based millennial who's making $350,000 secretly working two remote jobs says he only worked 50 hours a week.
Barrons.com
JPMorgan CEO Dimon Urges Employees to Make Political Donations, Memos Show
Jamie Dimon sent a memo to workers asking them to consider contributing to the bank’s political action committee.
Reuters Videos
U.S. Supreme Court limits Jan 6. obstruction charge
STORY: The U.S. Supreme Court raised the legal bar on Friday for prosecutors pursuing obstruction charges against January 6th rioters.In a 6-3 decision, the court threw out a lower court's ruling that had allowed a charge of corruptly obstructing an official proceeding against a former police officer......the congressional certification of President Joe Biden's victory over Trump that the rioters sought to prevent.The justices directed the lower court to reconsider the matter.They took a narrow view of the statute - ruling that obstruction charges must include proof that defendants tried to tamper with or destroy documents.The ruling is a potential boost for Trump who was hit with the obstruction charge as part of a four-count criminal indictment in a case brought last year by Special Counsel Jack Smith.One former federal prosecutor told Reuters the higher bar wouldn't stop Smith from pursuing obstruction charges against Trump.The campaign of Democratic President Joe Biden said in a statement that the court’s ruling “does not change the fundamental truth that Donald Trump will always put himself over our democracy."While U.S. Attorney General Merrick Garland on Friday said he was disappointed by the decision but indicated it would not affect the cases of the vast majority of the more than 1,400 defendants charged for their actions on January 6th.
CNN Business
Tractor Supply Co. backtracks on DEI roles and goals
Tractor Supply Company has eliminated its diversity, equity and inclusion initiatives as part of what the retail chain says is a push to distance itself from “nonbusiness activities” after conservative backlash from some of its customer base.
TechCrunch
HubSpot says it's investigating customer account hacks
Marketing and sales software giant HubSpot said on Friday that it’s investigating a cybersecurity incident. On Friday, rumors of some kind of cyberattack against HubSpot began circulating on social media. When reached by TechCrunch on Friday, HubSpot's chief information security officer Alyssa Robinson said in a statement that the company “identified a security incident that involved bad actors targeting a limited number of HubSpot customers and attempting to gain unauthorized access to their accounts.”
Simply Wall St.
We Take A Look At Why Masterflex SE's (ETR:MZX) CEO Compensation Is Well Earned
Key Insights Masterflex's Annual General Meeting to take place on 5th of July Total pay for CEO Andreas Bastin includes...

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8 UK holiday home businesses you could buy now

GMO 7-Year Asset Class Forecast: May 2024

Latest stories

Labour must slash their own lavish pensions if they really believe in public ‘service’

Western incompetence is handing aerospace dominance to China

The Wealthiest Person in Norway

Banking hub opens in town after Lloyds closure

Two jobs up for grabs at Beamish Museum - here's how to apply

Restaurants want British waiting staff. They just can’t get them

Unpaid UK carers ‘face financial hit that can last decades’

Here’s what it means when a company like Boeing faces criminal charges

Texas wins court block on Biden overtime pay rule

Can you identify this Hereford scene from yesteryear?

Following raft of consumer complaints, Shein and Temu face early EU scrutiny of DSA compliance

Financial Experts Are Sharing Their Best Advice For Your 20s, 30s, 40s And Beyond

How smart are you? Take this pub quiz to find out

Cheat sheet: What you need to know about about the great car dealer software hack

A millennial making $350,000 a year through overemployment says he only worked 50 hours a week

JPMorgan CEO Dimon Urges Employees to Make Political Donations, Memos Show

U.S. Supreme Court limits Jan 6. obstruction charge

Tractor Supply Co. backtracks on DEI roles and goals

HubSpot says it's investigating customer account hacks

We Take A Look At Why Masterflex SE's (ETR:MZX) CEO Compensation Is Well Earned