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Rachel Reeves faces £5bn fiscal hole after welfare reform U-turn
Chancellor is being pushed to bend her rules on borrowing to fund higher spending
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Starmer guts UK welfare reforms to avoid Commons defeat
Government wins vote but watered down measures will leave a multibillion-pound hole in public finances
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Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A
The home-improvement retailer has been deliberate in its efforts to win the pro contractor market.
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Silicon Valley investor Vinod Khosla predicts AI will replace 80% of jobs by 2030—and take much of the Fortune 500 with it
Tech entrepreneur and investor Vinod Khosla’s prediction of AI automating 80% of high-value jobs by 2030 coincides with a reckoning for Fortune 500 companies.
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Figma files for IPO nearly two years after $20 billion Adobe buyout fell through
The design software startup, helmed by cofounder Dylan Field, moved closer towards one of the most anticipated public offerings of the year.