Business

Who is Stephen Miran, Trump’s short-term Fed pick?US President Trump has appointed economist Stephen Miran to the Federal Reserve Board for a short-term role lasting until January 2026. A staunch advocate of tariffs and rate cuts, Miran’s nomination could influence future monetary policy as Trump looks to reshape the Fed’s direction — especially with Fed chair Jerome Powell’s term set to expire in May 2026Stephen Miran, chairman of the Council of Economic Advisors, walks at the White House, June 17, 2025, in Washington, DC, US. File Image/AP

OpenAI launches ChatGPT-5 model for all users: What are the big upgrades from GPT-4?OpenAI on Thursday unveiled GPT-5, the latest version of its artificial intelligence (AI) chatbot. Describing it as smarter, faster and ‘a lot more useful’, the company said the model offers improved capabilities in areas like writing, coding and health care. The new ChatGPT version features notable upgrades in reasoning, safety and the way it responds to questionsGPT-5 has been released more than two years after GPT-4. Image: X/@OpenAI

Polycab & CNBC-TV18 Present: Infra Safety – Powering India’s Electrical Future Podcast featuring Puneet Bhatnagar, Director, Tech Four EngineeringAt a time when India is investing heavily in smart and sustainable infrastructure, this conversation is a timely reminder that innovation must go hand-in-hand with safety

What do we do about the non-doms?

The chancellor has declined to rule out raising taxes on gambling after a thinktank said the move could raise £3.2bn for the public coffers and cover the cost of lifting 500,000 children out of poverty.

The chancellor has declined to rule out raising taxes on gambling after a thinktank said the move could raise £3.2bn for the public coffers and cover the cost of lifting 500,000 children out of poverty.

The Bank of England has cut interest rates for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher this year.

The Bank of England has cut interest rates for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher this year.

Councillors have given the green light for the introduction of a 7% visitor levy for Aberdeen.

The backer of one of Britain’s biggest home improvement specialists is plotting a sale that would close the door on one of the longest ownership periods in the private equity industry’s history.