Elon Musk Gets $29B Tesla Deal...
Tesla is betting $29 billion that Elon Musk is still the only man who can drive its future. Tesla has granted CEO Elon Musk a colossal $29 billion (£21.7 billion) in restricted stock—equivalent to 96 million shares—as part of a bold bid to retain his leadership during the company’s high-stakes shift from electric vehicles to AI and robotics. The award comes just months…
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FCA to consult on car finance...
Some victims of the car finance scandal could be in line for compensation despite the UK Supreme Court partially overturning a judgment calling for redress on Friday (1 August), according to the Financial Conduct Authority (FCA). The FCA confirmed that it will consult on an industry-wide compensation scheme for people who bought motor finance that failed to provide customers with…
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Crypto ETNs are approved for UK...
UK-based retail investors will be able to buy cryptocurrency exchange-traded notes (crypto ETNs) – with safeguards in place to ensure that products aren’t missold – following new rules from the Financial Conduct Authority (FCA) which come into play later this year. Cryptocurrencies are popular among UK retail investors. Some of the top stocks on Interactive Investor’s platform over recent months…
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Council tax bills in worst hit...
Council tax bills in some parts of the UK could rise by as much as £500 by 2029/30, according to analysis of government plans. There will be 28 areas where bills will be over £3,000 in 2029/30, the TaxPayers’ Alliance has found, with bills for Band D – the middle of the council tax bands – coming in at an…
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Half of Baby Boomers to fall...
Only half of UK Baby Boomers – the generation born between 1946 and the early 1960s – are financially equipped for retirement, according to new analysis. The remainder are expected to fall short of the pension savings they need to sustain their current lifestyle in retirement or achieve a moderate standard of living. Georgina Yarwood, senior investment strategy analyst at…
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Alex Karp: can Batman save America?
Earlier this year, the co-founder of America’s most controversial intelligence-tech company, Palantir, published a book, The Technological Republic – a distillation of a lifetime’s philosophical musing and a call to arms. The “treatise”, written by Alex Karp – often billed in the company’s mythology as the liberal yin to co-founder Peter Thiel’s hard-right libertarian yang – urges Silicon Valley to…
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Top ‘tin hat’ stocks for cautious...
With Bloomberg projecting a $2 trillion hit to global GDP from Trump’s tariffs by 2027, some fund managers believe investors are underestimating the long-term drag from protectionism and geopolitics. Yet there is a certain type of company that could thrive regardless. Despite markets touching all-time highs, anecdotally a number of fund managers are quietly holding big cash positions – a…
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Trump’s tariffs are here to stay
We were probably wrong about tariffs. Yes, of course, they were always a bad idea and still are. Anything that interferes with our ability to freely trade with each other will make us poorer, with less choice and lower quality goods and services. After the Trump administration’s “reciprocal” tariff bomb blew up in its face, in April, we thought tariffs…
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Carl Dean’s $20M Legacy & Inside...
Carl Dean Net Worth: The Untold $20 Million Fortune of Dolly Parton’s Husband. At the time of his passing on March 3, 2025, Carl Dean—the longtime husband of music icon Dolly Parton—had an estimated net worth of $20 million, according to Marca, reflecting a lifetime of private business success and financial independence. While Carl Dean’s $20 million fortune is substantial…
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AllUnity Unveils EURAU: New European Stablecoin...
AllUnity, a European digital payments infrastructure provider, has launched a new fully-reserved euro-denominated stablecoin, dubbed ‘EURAU’. EURAU has officially launched on the Ethereum blockchain, and AllUnity says it plans to expand to additional blockchain networks later this year. The stablecoin is compatible with a wide range of Ethereum-based wallets and protocols and can be used for 24/7 instant cross-border settlements.…
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