Reeves must raise tax and cut spending, markets say

Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty Images U.K. Finance Minister Rachel Reeves is walking a tightrope as her critical Autumn Budget looms, as pressure mounts to appease voters, shore up public finances and convince money markets…

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Japan travel stocks sink as China-Japan spat deepens

Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Japan’s tourism-exposed stocks fell on Monday as tensions with China intensified after Beijing issued a travel and study alert for Chinese citizens considering going to Japan. Beauty and cosmetics firm Shiseido, which…

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Trump asks DOJ to probe Jeffrey Epstein dealings with Clinton, JPMorgan

President Donald Trump on Friday said that he is asking the Department of Justice to investigate relationships between notorious sex offender Jeffrey Epstein and former President Bill Clinton, JPMorgan Chase, former Treasury Secretary Larry Summers, billionaire tech investor Reid Hoffman, and others. Trump’s statement comes as he faces renewed pressure over his own past friendship…

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