Minimum Wage

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World

Lord Mandelson Resigns from House of Lords Amid Deepening Epstein Scandal

Peter Mandelson, the former UK ambassador to the US and a senior Labour figure, has announced his retirement from the House of Lords as pressure mounts over his disclosed ties to the late financier and convicted sex offender Jeffrey Epstein. The move follows Prime Minister Keir Starmer's condemnation and comes as authorities on both sides of the Atlantic review potential misconduct.

Business

Gold's Sudden Plunge: What's Next for Retirees Holding GLD?

Gold's dramatic rally to record highs in late January offered a moment of vindication for retirees using the SPDR Gold Trust (GLD) as a hedge. Its subsequent rapid collapse, however, has reignited a fundamental debate about the metal's role in conservative portfolios, especially against the backdrop of rising Treasury yields.