DraftKings CEO Jason Robins said parents should talk with their children about gambling addiction, describing how he approaches the subject with his own family.
DraftKings CEO Jason Robins says parents should talk with kids about gambling addiction
Source: CNBC
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The Guardian2 outlets
Budget 2026 live: Healey delivers first budget of Burnham’s government
Chancellor warns of ‘global economic storms’ threatening UK economy Budget 2026: key points at a glance Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said: The chancellor said he will be talking to Ofgem about how they get rid of the charge on electricity as well, but that is ‘trickier’ apparently and will take longer. Continue reading...
CNBC2 outlets
FEC campaign finance system offline days before midterms after hackers reportedly target site
An FEC email said a 'bad actor' tried to breach its systems as the US prepares for its most expensive elections ever.
CNBC
New Zealand dollar tanks after central bank defies markets' near-certainty it would hike rates
The currency has lost almost 5% against the U.S. dollar in six months.
CNBC
Trump jokes $5,000 would buy 'a hamburger and maybe a small dessert' at Mar-a-Lago as affordability looms over midterm
Trump's joke comes as Americans say in polls they believe that Democrats would do a better job than Republicans at address concerns about affordability.
The Guardian
GSK shares dive as weaker sales and mounting costs unnerve investors
British pharma company reports declining profits amid weaker vaccine sales and looming patent loss for blockbuster HIV drug Business live – latest updates Shares in GSK slid on Wednesday despite the UK drugmaker reporting better than expected financial results, as investors were unnerved by weaker vaccine sales, restructuring charges and its overall outlook. Britain’s second-biggest pharmaceutical company reported a 19% decline in pre-tax profit to £1.9bn in the July to September quarter and £318m of restructuring charges, with more to come. Continue reading...
The Guardian2 outlets
Budget 2026: key points at a glance
John Healey is announcing his financial update – here are the main points, with political analysis Budget 2026 live – latest updates John Healey starts by saying that his budget is “delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home”. Healey says he will meet the fiscal rule that day-to-day spending must be covered by tax receipts, and the investment rule that government debt, defined as public sector net financial liabilities, must be falling as a percentage of GDP in the third year of the forecast. The government will have £15bn of headroom in 2029-30 and £20bn in 2030-31, according to the Office for Budget Responsibility, the government’s forecaster. Government borrowing will be 4.2% of GDP this year, 3.4% next year, then 2.9%, 2.1% and 1.8% by 2030-31, the OBR says. Predictions of slowing growth were wrong, Healey says.