US President Donald Trump is expected to announce economic deals totaling more than $10 billion during his trip this week to the UK, senior US officials said. The visit will include a science and technology partnership that is believed to include billions of dollars in new investment. Trump and UK Prime Minister Keir Starmer are also set to unveil a defense technology cooperation agreement. Talk of replacing Starmer as leader of the Labour Party has spilled into the open, but the lack of a plausible replacement may keep the rebels at bay for now. Plots against the prime minister have dominated the headlines in Britain following the messy departures of his deputy, the ambassador to the US and, yesterday, his strategy chief. Photographer: Simon Dawson Lynn Forester de Rothschild is exploring a sale of a significant minority stake in The Economist Group, marking the first ownership shake-up in a decade at the 182-year-old magazine read by both the political and business elite. A sale process for around 20% in voting shares could kick off in the coming weeks and fetch about £200 million to £400 million, according to people familiar with the matter. Wall Street’s main regulator said it is prioritizing a proposal from Trump to reduce the frequency of earnings reports after the president called for an end to quarterly disclosures. The Securities and Exchange Commission said in a statement that it is pursuing the suggestion to “further eliminate unnecessary regulatory burdens on companies.” A US appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now. The 2-1 ruling came hours before the start of the Fed’s highly anticipated Sept. 16-17 meeting to vote on interest rates. Trump could still ask the Supreme Court to step in. Meanwhile, the Senate confirmed Stephen Miran, the president’s economic adviser, to the Fed board. |