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Reeves plans ‘pensions megafunds’ to boost investment
UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has told the BBC. The government is set to reveal plans to merge the UK’s local government pension scheme, a group of funds which together manage £354bn in investments, into a handful of “pension megafunds”. It…
Jamie Lee Curtis, Who Endorsed Kamala Harris, Quits X Following Trump Victory
Hollywood star Jamie Lee Curtis, who endorsed Kamala Harris’ unsuccessful bid for the White House, is the latest left-wing elite to quit X/Twitter following President-elect Donald Trump’s resounding victory on election day. Jamie Lee Curtis appears to have nuked her X account early Wednesday. The actress posted a screenshot of the deactivated account to her…
Kevin Stefanski Calls Jedrick Willis’ ‘Business Decision’ Not to Play a ‘Poor Choice of Words’
Cleveland Browns left tackle Jedrick Willis did not endear himself to Browns fans when he claimed he made a “business decision” not to play in the team’s Week 7 divisional matchup against the Bengals before being benched. Now, his head coach is coming to his defense. In an interview with Daryl Ruiter of 92.3 The Fan in…
Dem Sen. Murphy: We Failed to See GOP Was Largely Telling People ‘We Can Control Our Borders’
On Wednesday’s broadcast of MSNBC’s “All In,” Sen. Chris Murphy (D-CT) said that Democrats failed to see that much of the Republican Party’s focus on immigration “was about telling Americans that they are not at the mercy of forces beyond their control, in this case, increased global migration, that we can control our borders.” Murphy…
VW launches $5.8bn tie-up with Tesla rival Rivian
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge from VW of $5bn. Shares in the US electric vehicle (EV) maker jumped more than 9%…
Dem Rep. Torres: Biden Showed ‘Incompetence’ on Immigration Because He Catered to ‘Far-Left Elites’
On Tuesday’s broadcast of MSNBC’s “Morning Joe,” Rep. Ritchie Torres (D-NY) stated that “the Biden administration demonstrated incompetence in managing the migrant crisis,” President Joe Biden “had the unilateral ability to issue an executive order restricting migration at the border, and he waited two-and-a-half years,” because the order “was unpopular among far-left elites who have outsized…
WATCH: Mississippi State Trooper Brutally Punches Fan Who Got Too Close to Lane Kiffin
The Ole Miss Rebels shocked the college football-watching world with their upset win over then-third-ranked Georgia on Saturday, and the fans rushed the field to celebrate. However, one of those fans got too close to Rebels head coach Lane Kiffin, and he ate a punch from a state trooper for his trouble. As thousands of…
Judges Criticize Google’s ‘Disturbing’ Practice of Suppressing Evidence in Antitrust Cases
Google has been accused by multiple federal judges of engaging in tactics to conceal and destroy internal communications that could be used against the company in ongoing antitrust lawsuits. One judge called Google’s suppression of evidence “the most serious and disturbing” he had seen in his career as a judge. Mercury News reports that in a series…
What does Musk’s withdrawal from Taiwan mean?
According to Reuters, Musk asked SpaceX’s Taiwanese suppliers to move their production operations outside Taiwan for “geopolitical considerations.” Although Musk did not confirm the authenticity of the news, at about the same time, Taiwanese media reported that the head of SpaceX supplier Taiwan Jingpeng Industry said that he had received a clear notice from Space…
Bitcoin price tops $87,000 for first time amid ‘Trump pump’
Price has more than doubled in a year as traders hope Trump will favour crypto when he returns to White House The price of bitcoin has risen above $87,000 for the first time as it benefited from traders’ hopes that Donald Trump will favour cryptocurrencies when he returns to the White House. Bitcoin reached a record high of $87,198,…