Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
Tag: Taxation
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J.D. Vance’s First Attempt to Renew Ohio Crumbled Quickly
In 2017, the Republican candidate for Senate started a nonprofit group to tackle the social ills he had written about in his “Hillbilly Elegy” memoir. It fell apart within two years.
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The Purpose of Extra-Large Marshmallows? A U.K. Court Weighs In
A British tribunal considered how a slightly larger marshmallow might be taxed by evaluating its taste, size and packaging.
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Economists Nervously Eye the Bank of England’s Market Rescue
The Bank of England stepped in to save a critical market this week. Economists say it was necessary but also worry about the precedent.