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Related media - News 24 hours LONDON — UK Finance Minister Rachel Reeves said on Friday that the newly elected Labour government aims to be the most growth-oriented and business-friendly administration the country has ever seen. In an interview with CNBC, Reeves stressed that improving the living standards of ordinary Britons and increasing investment in public services depend on wealth creation. “This will be the most pro-growth, pro-business Treasury this country has ever seen,” Reeves, the Chancellor of the Exchequer, told CNBC’s Steve Sedgwick in a remote interview. “I will work with businesses to ensure we are doing everything we…

Related media - Recent news The U.S. economy posted robust growth in the second quarter, driven by strong consumer and government spending, along with a significant increase in inventories, according to an initial estimate from the Commerce Department released Thursday. From April to June, real gross domestic product (GDP), which measures the value of all goods and services produced, grew at an annualized rate of 2.8% after adjusting for seasonality and inflation. That beat the 2.1% growth forecast by economists polled by Dow Jones and improved from the 1.4% growth in the first quarter. The first of three estimates highlighted…

Related media - Recent news NASA has announced that Boeing’s Starliner spacecraft will remain docked with the International Space Station (ISS) until August as the agency and Boeing address issues that arose early in the mission. The Starliner capsule, named "Calypso," has been in space for more than 50 days, carrying NASA astronauts Butch Wilmore and Suni Williams. Originally scheduled for an early return, the mission faced several delays as NASA conducted necessary ground tests before approving the spacecraft's reentry. In a recent press conference, Steve Stich, NASA's commercial crew manager, said that despite significant progress, the agency is not…

Related media - News 24 hours Corey LaJoie, currently 28th in the NASCAR Cup Series standings, will not return as the driver of the No. 7 Spire Motorsports car at the end of the 2024 season. LaJoie, who has a contract with Spire Motorsports through next year but is now free to explore other opportunities, confirmed the news to FOX Sports, following an initial report from The Athletic. “I will not be driving the No. 7 next year,” LaJoie said. “I am very proud of the role I have played in helping Spire become a competitive team, but unfortunately, my…