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Market-friendly chancellor prospects – TD Securities

TD Securities’ James Rossiter discusses UK political developments and their market implications, focusing on the race for the next Chancellor under expected Prime Minister Burnham. The report highlights the shift away from Ed Miliband toward more market-friendly candidates Yvette Cooper and Shabana Mahmood, outlines near-term policy priorities on devolution and cost of living, and notes potential future tweaks to UK fiscal rules relevant for Gilt markets.Chancellor race and fiscal outlook”Credible reports to well-placed UK political…

Finance news

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Business

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Meta sued over AI use in layoffs targeting workers on medical, parental leave

A group of 26 Meta employees sued the tech giant over accusations that it used AI-powered software to choose people for mass layoffs, disproportionately targeting workers with disabilities or those who took medical, parental or family leave. The lawsuit, filed in federal court in Oakland, California, on Monday, alleges that the…

Markets

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Taco Bell takes extra cyclospora precautions while CDC investigates outbreak

Taco Bell is taking a more aggressive approach to protecting against cyclospora than federal health officials currently recommend, temporarily pulling some ingredients from select restaurants while the CDC investigates a multistate outbreak.The fast-food chain told Business Insider on Tuesday it has “voluntarily and temporarily” removed certain ingredients from menus at…

Investing

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