DWP Announces 2025/26 Pension Changes: What UK Pensioners Need to Know
State Pension rates are rising by 4.1% for the tax year 2025/26, taking the full new State Pension to £230.25 per week. These changes are part of the triple lock guarantee and the adjustments extend to other benefits like Universal Credit. Tax treatment of state pensions remains unchanged and voluntary contributions can fill gaps in National Insurance until April 2025.
U.S. Stocks Reach New Heights with Unprecedented Rally After Tariff Pause
In a remarkable turn of events, U.S. stocks surged on April 9, 2025, following a 90-day suspension on most proposed tariffs. This led to one of history's biggest one-day stock market rallies, with the Dow gaining 7.9% and the Nasdaq soaring 12.2%. Despite escalated tariffs on China, the U.S. markets regained ground, particularly benefiting sectors like airlines.
Bybit Faces Historic $1.5 Billion Crypto Heist by North Korea's Lazarus Group
Bybit was targeted in an unprecedented crypto heist, losing $1.46 billion from its Ethereum cold wallet. North Korea's Lazarus Group exploited vulnerabilities in Bybit's multisig signing process, deceiving employees, including CEO Ben Zhou, into approving illegitimate transactions. The stolen funds were swiftly laundered. Bybit, however, quickly replenished its reserves, maintaining stability in user asset balances.
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