Planning approvals for new homes at record low, figures show

Former President Donald Trump has requested the U.S. Supreme Court to permit the dismissal of Federal Reserve Governor Lisa Cook. This move raises significant concerns about the independence of the Federal Reserve and could have far-reaching implications for monetary policy and economic stability. Trump's actions are seen as an attempt to influence the central bank's decisions, which could undermine public trust in its operations.

Former President Donald Trump has requested the U.S. Supreme Court to permit the dismissal of Federal Reserve Governor Lisa Cook. This move raises significant concerns about the independence of the Federal Reserve and could have far-reaching implications for monetary policy and economic stability. Trump's actions are seen as an attempt to influence the central bank's decisions, which could undermine public trust in its operations.

Argentina's dollar bonds are facing significant losses, marking their lowest point in a year as pressure mounts on President Javier Milei's administration. This situation is crucial as it reflects the growing economic challenges the country is facing, which could impact investor confidence and the overall financial stability of Argentina.

Argentina's dollar bonds are facing significant losses, marking their lowest point in a year as pressure mounts on President Javier Milei's administration. This situation is crucial as it reflects the growing economic challenges the country is facing, which could impact investor confidence and the overall financial stability of Argentina.

The House of Lords has initiated an inquiry into proposed changes to inheritance tax, particularly focusing on pensions and agricultural property relief. This inquiry raises important questions about the government's plans and whether they can be altered or halted. The outcome could significantly impact families and businesses, making it a crucial topic for public discussion.

The House of Lords has initiated an inquiry into proposed changes to inheritance tax, particularly focusing on pensions and agricultural property relief. This inquiry raises important questions about the government's plans and whether they can be altered or halted. The outcome could significantly impact families and businesses, making it a crucial topic for public discussion.

Next, a leading UK retailer, has warned of prolonged sluggish growth in the economy, attributing this to rising taxes, increased regulation, and government overspending. The company's CEO, Simon Wolfson, expressed concerns about the impact on job opportunities and overall productivity. While they don't foresee an imminent economic collapse, the outlook remains bleak, highlighting the challenges businesses face in a tightening fiscal environment. This situation is significant as it reflects broader economic trends that could affect consumer spending and investment in the UK.

Next, a leading UK retailer, has warned of prolonged sluggish growth in the economy, attributing this to rising taxes, increased regulation, and government overspending. The company's CEO, Simon Wolfson, expressed concerns about the impact on job opportunities and overall productivity. While they don't foresee an imminent economic collapse, the outlook remains bleak, highlighting the challenges businesses face in a tightening fiscal environment. This situation is significant as it reflects broader economic trends that could affect consumer spending and investment in the UK.

Germany's recent approval of the 2025 budget marks a significant shift in its fiscal policy, paving the way for increased spending aimed at stimulating the economy and addressing pressing social needs. This decision is crucial as it reflects the government's commitment to invest in infrastructure, education, and healthcare, which could lead to long-term economic growth and improved quality of life for its citizens.

Germany's recent approval of the 2025 budget marks a significant shift in its fiscal policy, paving the way for increased spending aimed at stimulating the economy and addressing pressing social needs. This decision is crucial as it reflects the government's commitment to invest in infrastructure, education, and healthcare, which could lead to long-term economic growth and improved quality of life for its citizens.

Workers across France are striking in response to proposed budget cuts, a situation that has escalated following the recent collapse of the government. This wave of protests highlights the growing discontent among citizens regarding financial decisions that directly impact their livelihoods. The strikes are significant as they reflect the public's demand for accountability and better governance, making it a crucial moment in French politics.

Workers across France are striking in response to proposed budget cuts, a situation that has escalated following the recent collapse of the government. This wave of protests highlights the growing discontent among citizens regarding financial decisions that directly impact their livelihoods. The strikes are significant as they reflect the public's demand for accountability and better governance, making it a crucial moment in French politics.

The Indian stock market is experiencing a surge in tiny IPOs, reflecting a growing confidence among investors. This trend is significant as it indicates a vibrant economic environment and offers new opportunities for small businesses to access capital. As these IPOs flourish, they not only contribute to market diversity but also empower entrepreneurs, making it an exciting time for the Indian financial landscape.

Wall Street is celebrating as the S&P 500, Nasdaq, Dow, and Russell 2000 have all hit record highs, fueled by optimism over potential Federal Reserve rate cuts. This surge reflects traders' confidence in Corporate America's resilience and growth prospects. In a recent discussion on Bloomberg Businessweek Radio, Aaron Kennon, CEO of Clear Harbor Asset Management, shared insights on what this means for investors and the sustainability of this upward trend in equities. It's an exciting time for the market, and many are eager to see how long this momentum can last.

Fitch Ratings has expressed concerns over Nepal's political unrest, warning that it poses significant risks to the country's economic outlook and credit metrics. This situation is crucial as it could affect investor confidence and economic stability, making it essential for stakeholders to monitor developments closely.

South Korea has introduced new measures to encourage banks to shift their funding from property lending to vital sectors like semiconductors and artificial intelligence. This move is significant as it aims to boost investment in high-tech industries, which are crucial for the country's economic growth and competitiveness in the global market.

Asian shares are set to close a significant week for central banks on a high note, with the Nikkei index reaching a record level. This surge reflects investor confidence and positive economic indicators, suggesting a robust recovery in the region. Such gains are crucial as they can influence global markets and signal a strengthening economy, making it an important development for investors and analysts alike.

Recent documents reveal that LG Energy, a major South Korean company, was utilizing workarounds for US visa regulations even before the Trump administration. This raises concerns about compliance with immigration laws and the ethical implications of such practices. The revelation could impact LG Energy's reputation and its operations in the US, highlighting the ongoing complexities of international business and immigration policies.