The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans are edging closer to overall control of Congress after having already secured the presidency and a majority in the Senate. On the campaign trail the president-elect pledged to make the US “the crypto capital of the planet”. The value of
US shares hit record highs on Wall Street and the dollar posted its biggest gain in eight years as Donald Trump was re-elected to the White House in a historic win. Bitcoin also hit an all-time high, following Trump’s election promise to prioritise the volatile crypto currency. Investors were, however, betting that Trump’s plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest
Getty Images The average UK house price reached a record high last month, according to Halifax. The UK’s largest mortgage lender said the average price hit £293,999 in October, surpassing a peak of £293,507 that was reached in June 2022. Halifax said it expected prices to continue to rise at a “modest pace” for the next few months. However, it warned that mortgage costs could remain “higher for longer” following
Reuters A thick blanket of smog has derailed normal activity for most people Smog starts slow. At first, you cannot see it but you can smell it. It smells like something is burning. And it intensifies as the temperature drops. Then the smoke and fog start to envelop you and the city around you. Now you can see it. You are walking through the smoke, a thick ceiling of it
