Markets are treating the UK as if it’s a developing economy after the government’s plan for tax cuts deepened the risk of ‘policy disaster,’ top economist Paul Krugman says

REUTERS/Brendan McDermid “British markets aren’t acting like those of an advanced country,” Paul Krugman said in an op-ed for the NYT on Friday. After announcing tax cuts last week, the pound plunged in value, a sign markets are losing confidence. That’s because cutting taxes to spur growth is a “zombie” idea, Krugman said, which could…

Investors say these 21 proptech startups are the most promising in their fields — and can even survive a housing downturn

Annie Case of Kleiner Perkins, Nima Wedlake of Thomvest Ventures, Chris Yip of RET Ventures, Merritt Hummer of Bain Capital, and Daniel Fetner of Alpaca. Kleiner Perkins; Thomvest Ventures; RET Ventures; Bain Capital Ventures; Alpaca; fonikum/Getty; Anna Kim/Insider Insider asked 11 venture-capital investors to identify the top up-and-coming proptech startups. Investors nominated real-estate tech companies…

Pennsylvania Democrat says having all-octogenarian House leadership has put him at ease about the president running in 2024: ‘To me, Joe Biden is young’

US President Joe Biden takes a selfie with supporters after speaking at a Democratic National Committee event at the headquarters of the National Education Association on September 23, 2022 in Washington, DC. Samuel Corum/Getty Images Democratic Rep. Brendan Boyle said he’s fine with having an 80-plus year old Biden running in 2024. “I serve in…

The British pound will fall below the US dollar by year-end unless the UK government forces a U-turn on its latest fiscal tax cuts, Nomura says

A UK 10 pound note featuring Queen Elizabeth II’s image lies alongside a US dollar bill. Photo Illustration by Matt Cardy/Getty Images The British pound is set to trade below the US dollar by the end of November, according to a note from Nomura.The firm said it has high conviction the pound will continue to…

UK warns TikTok of £27 million fine over child privacy violations

TikTok isn’t just facing financial penalties in the US over claimed child privacy breaches. The UK’s Information Commissioner’s Office (ICO) has warned TikTok that it might face a £27 million (about $29.2 million) fine after the watchdog determined that the social network may have broken data protection law by “failing to protect” kids’ privacy between…

Fire TV Stick 4K Max vs Fire TV Stick 4K vs Fire TV Stick vs Fire TV Stick Lite: Which stick is best for you?

The Amazon Fire TV Stick range enables you to access and stream a variety of content, including Amazon’s own, but also through apps such as Netflix, Apple TV+, Disney+, BBC iPlayer and Now. Amazon now has four HDMI streaming sticks and they all look similar. Each stick plugs directly into your TV via HDMI and…

See the stunning award winning photos from the Astronomy Photographer of the Year awards

Perhaps more than any other type of photography, astronomical photography is just insanely impressive – the degree of patience and control required to get good photos of the night sky, let alone distant stars and planets, is hard to overstate.  That’s one of the reasons why there are awards dedicated entirely to astronomy photographs. The…