Conservative MPs have criticized the UK government for reversing its decision to remove all EU legislation from UK law by the end of 2023. Business and Trade Secretary Kemi Badenoch confirmed the move on Wednesday, stating that it was necessary to remove the so-called sunset clause as it posed a risk of “legal uncertainty.” However,
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Migrants rushed across the US border hours before pandemic-related asylum restrictions were set to expire on Thursday. They feared that new policies would make it far more difficult to gain entry into the United States. Border Patrol agents were told to begin releasing some migrants with instructions to appear at an immigration office in the
U.S. News & World Report has released its latest “Best Medical Schools” rankings for the academic year 2023-2024. The rankings have undergone several changes in methodology, including an increase in the weightage given to outcome measures and a decrease in the emphasis on reputation and selectivity. The rankings have also been affected by some high-profile
In a move to tame stubbornly high inflation, the Bank of England raised interest rates by 25 basis points. The Monetary Policy Committee voted in favor of the quarter-point increase, taking the main bank rate from 4.25% to 4.5%. The headline consumer price index rose by 10.1% in March, driven by high food and energy
The Senate Banking Committee is holding a hearing to discuss the bipartisan bill that would allow the cannabis industry to access traditional banking services. The hearing, titled “Examining Cannabis Banking Challenges of Small Businesses and Workers,” will hear testimony from lawmakers on both sides of the aisle, including Sens. Jeff Merkley, D-Ore., and Steve Daines,
The International Monetary Fund (IMF) has always been averse to the growth of cryptocurrencies and similar digital assets. Recently, the IMF has cautioned Zimbabwe against implementing a gold-backed digital asset to stabilise its economy against the fluctuating US dollar. The financial body fears that this could disrupt the existing financial system in the country. Instead,
Consumer electronics retailer Best Buy has announced that it will revamp its membership program, TotalTech, due to decreased demand for electronics. The program will be renamed My Best Buy Memberships and will consist of three tiers. The new lower-priced option will offer exclusive discounts and access to popular products. Revenue Expectations and Cost Reduction Measures
The New York Jets will begin their 2021 season on Monday Night Football against the Buffalo Bills. The game will be played at MetLife Stadium and will mark the first Monday night appearance for coach Robert Saleh. The Jets last played a season opener at home in prime time on September 11, 2011, where they
The Bank of England (BOE) has defended its decision to upgrade the UK’s growth forecast, which it called its “biggest upgrade” ever. BOE Governor Andrew Bailey said the change reflected the rapidly shifting economic landscape. The bank had previously predicted the longest-ever recession in the country, but now believes that the UK will not enter
The Indian Government recently issued a notice to Meta’s messaging platform WhatsApp regarding a surge in international scam calls. In response, WhatsApp assured its users that it prioritizes their safety and privacy. The messaging platform offers features like ‘Block’ and ‘Report’ to prevent unwanted calls or messages. Additionally, WhatsApp claims to have improved its AI