White House correspondent Andrew Feinberg relies on support from donors to ask tough questions and hold those in power accountable. Nationwide’s £2.9 billion takeover of Virgin Money has been approved by UK regulators, creating a combined group with millions of customers and staff. The deal, set to be finalized on October 1, will result in the rebranding of Virgin Money as Nationwide within six years.
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The Stock Market Crashed When Tariffs Were Announced. Wall Street Experts Say This Will Happen Next.
The S&P 500 fell 19% after President Trump announced significant tariffs on April 2 but has since recovered slightly due to a 90-day pause on the most aggressive duties. Experts anticipate short-term volatility and uncertainty, with a 45% chance of recession within a year, while long-term consequences may include reduced economic growth and living standards. Analysts warn that these tariffs could represent a major policy mistake, leading to economic fragmentation and lasting harm, especially to...
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