Business & Markets
- Uber launches UK's first robotaxis with a driver - here's what it's like to ride in one
The ride-hailing app has launched 15 self-driving taxis, but they will have safety drivers inside.
- Almost half of households do not see benefits of economic growth, report says
Analysis has found a "stark" gap in the spending power of households in the north and south of England on average.
- 'I don't even like them': How much should you give to office gift collections?
Office whip-rounds are a staple of working life but they can raise a lot of awkward questions.
- How Victoria Beckham turned her fashion firm around and made it profitable
The pop star formerly known as Posh Spice has taken nearly two decades to turn a profit.
- Why wait? Business grads buying firms to install themselves as CEO
Impatient to be the boss of an established company they are borrowing money to fund their purchases.
- B&Q and Five Guys among firms that paid staff below minimum wage
More than 600 companies underpaid staff, with £4m returned to workers, according to the government.
- NBA suspends Clippers owner Ballmer for one year in Kawhi Leonard salary cap probe
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
- The Guardian view on Kemi Badenoch and the economy: a plan stuck in the Tory comfort zone | Editorial
The Conservative leader’s choice of a new shadow chancellor shows a lack of insight into the reasons why the party was defeated at the last election To outlast a prime minister always counts as some kind of achievement for an opposition leader, although Kemi Badenoch cannot claim credit for Sir Keir Starmer’s down…
- Netherlands moves billions in gold to London in 'crisis preparedness' move
The Dutch central bank removes some of its gold reserves from the US and Canada, saying it is because of "increasing geopolitical unrest".
- Ben Jennings on the rise of datacentres in Britain – cartoon
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- Southwest to debut airport lounges in four cities, with more to come
The airline is partnering with Chase on the effort, saying it wants to build on that company's Sapphire Reserve Lounge Network.
- Burnham beware, the bond markets will demand proper answers in the budget | Nils Pratley
Fair to say the current sell-off is international, but the PM has said little yet to make investors rethink the UK’s status It’s too soon to say the bond markets have turned on Andy Burnham. Tuesday’s spike in gilt yields, taking the UK’s 30-year borrowing costs to their highest level since 1998 , was part of an intern…
- Sadiq Khan fined over untaxed car falsely registered in his name
London mayor’s office says he is ‘victim of a scam’ after conviction under fast-track system where magistrates can decide outcomes in seconds Sadiq Khan’s office has revealed he was the victim of a scam that led to him being fined for failing to tax a car that did not belong to him. The London mayor was found guilty la…
- Uber to cut over 3,000 jobs in major global restructuring
The company says cutting roles would make its operations "simpler and faster".
- The $1 Trump coin: legal tender, depending on what you mean by legal
Various laws and 250 years of tradition prevent the likeness of living people from appearing on currency. Donald Trump and Scott Bessent don’t want you to worry about that This was originally published in This Week in Trumpland. Sign up to receive it in your inbox every Wednesday Two hallmarks of Donald Trump ’s second…
- Uber to cut 3,300 corporate jobs in management overhaul
Company says it is slashing 10% of its workforce to make operations ‘simpler and faster’ • Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm Uber plans to cut its global workforce by about 10% as part of a major restructuring, slashing about 3,300 corporate jobs. The boss of the US-base…
- Ford's production of highly profitable Super Duty trucks hits 20-year high as it recovers from supplier fires
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
- Russian airspace becoming unsafe for commercial airlines, Zelenskyy says
Ukraine president says aviation industry needs to take account of growing number of Ukrainian drones in Russia Volodymyr Zelenskyy has declared that Russia’s airspace is becoming unsafe for commercial airlines, as Vladimir Putin promised to increase strikes against Ukraine’s energy facilities in the run-up to winter. T…
- BP seeks to end years of boardroom turmoil with appointment of new chair
Ian Tyler, already in role on an interim basis, is tasked with shifting strategy to refocus on fossil fuel extraction BP has appointed a new chair after a months-long search triggered by the controversial ousting of Albert Manifold , seeking to draw a line under years of boardroom turmoil at the UK oil and gas company.…
- Tim Cook handed $47m package for new role as executive chair of Apple
Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech company Tim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor as chief executive. Cook, who handed over to John Ternus on Tuesday, wi…
- Lords call for AI 'kill switch' powers in UK
Its backers say it would provide a "vital safety net" against runaway AI systems such as those from OpenAI and Anthropic.
- Architect of UK’s AI strategy joins Anthropic amid conflict of interest warning
Matt Clifford will stay as chair of government funding body for tech projects alongside his senior role at US firm The architect of the UK government’s AI strategy has joined the US startup Anthropic in a senior role a year after stepping down from his Downing Street post. Matt Clifford, a successful tech investor, was…
- Range Rover launches first fully electric model
The vehicle is being built at JLR's manufacturing plant in Solihull, in the West Midlands.
- American Airlines continues premium push with redesigned Boeing planes
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
- UK government does not know what datacentres are being used for, FoI request shows
Lack of information raises fears over environmental impact of the AI boom The UK government does not know what the country’s datacentres are being used for despite fears over the growing environmental impact of the AI boom. When asked in a freedom of information (FoI) request who was using the largest sites and what fo…
- Andy Burnham clashes with Kemi Badenoch at his first PMQs - video
The prime minister was pressed on borrowing costs and spending during an exchange with the leader of the opposition at his first PMQs since taking office. Burnham spoke about the need to get welfare down and expressed his willingness to work with Tories on this Continue reading...
- Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
- Former boxer to host annual school uniform giveaway
Ex-Commonwealth lightweight champion Tommy Coyle is running the event in Hull for the seventh year.
- Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move
Ahead of a crucial budget, four countries’ experiments offer a mixed verdict on how to tax bumper profits The countdown is on. Two months out from Andy Burnham’s inaugural autumn budget, bank executives are wringing their hands over whether the government will target their bumper profits with fresh taxes. The chancello…
- Blackout risk rises as heatwave stresses largest US electric grids
US energy department warns of potential for outages in PJM Interconnection, serving 67 million from DC to Chicago The risk of power outages is expected to escalate across a broad swath of the United States on Wednesday as intense heat will test the capacity of electricity supplies serving millions of homes and busi…
- VAT cuts won't lower prices for customers, say NI hospitality leaders
A Londonderry hotel manager said it would be "disingenuous" to suggest a VAT cut would help lower prices
- Trump’s ridiculous bullying of Canada is backfiring | Robert Reich
The US president’s need to assert dominance is igniting patriotism abroad and a backlash at home What do bullies do when someone stands up to their bullying and punches them in the face? They look for someone weaker to bully who won’t punch back. Presumably that’s why Donald Trump has now taken on Canada , after Iran p…
- Freelancers are getting buried with ‘soulless’ AI slop cleanup: ‘It’s a shame we need to do it’
As more companies turn to AI, they’re hiring freelancers to clean up its mistakes rather than create original work Lisa, a freelance graphic designer based in Spain, noticed a shift in her work after the release of ChatGPT in 2022. She went from receiving slow one-off jobs creating logos and packaging to an onslaught o…
- Why are UK borrowing costs rising and what does it mean for me?
Some government borrowing costs have hit their highest level for 28 years - what does it mean for you?
- This data has helped fight workplace discrimination for 60 years. The Trump administration plans to delete it
Enforcing civil rights without these reports will be difficult for the Equal Employment Opportunity Commission, pushing US agency closer to Trump’s agenda, experts warn The US civil rights agency mandated to protect equal rights for workers is set to stop collecting data on the demographic makeup of companies – which f…
- Thames Water, I refuse to pay the sewage charge in my bill while you pollute Britain’s rivers and coastlines | Jenny Jones
I will calmly read all the threatening letters and await the court case against me. But I will take a stand even if our government won’t I can’t even remember when I decided to stop paying the sewage element of my Thames Water bill. It might have been after reading this headline from the Guardian in July 2025: “ Seriou…
- Barclays faces complaint over backing for power plant near world’s largest mangrove forest
Bangladeshi complainants allege Rampal power station’s pollution and climate risks threaten the Sunderbans, a world heritage site Barclays Bank is facing a formal complaint over its financial links to a coal-fired power station near the Sundarbans, the world’s largest mangrove forest and home to millions of people in B…
- Range Rover launches its first electric vehicle, with starting price of £154,070
Fully electric SUV unveiled after year-long delay and will be built at Jaguar Land Rover’s plant in Solihull Range Rover has launched its first electric vehicle – a year later than planned – offering a greener option for fans of gargantuan British-made SUVs who are also conscious about the climate crisis. Due to be bui…
- Ryanair warns air fares in Europe will jump next year if oil price stays high
Budget carrier says airlines could go bust as it cuts passenger targets to reduce exposure to ‘unhedged winter oil’ Ryanair has warned that air fares in Europe will jump next year if the oil price remains high and that some airlines could go bust. The Irish budget carrier has cut its passenger target for the year to 31…
- Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budget The global government bond sell-off resumed on Wednesday, driving up the UK’s borrowing costs and exacerbating the challenges facing John Healey as he prepares his first budget. The yield – effectively the interest rat…
- Fake 10 Downing Street listing on Booking.com highlights security failures
Consumer watchdog Which? set up and accepted payment for fake listing for ‘1 bed apartment in heart of London’ Successive politicians have clawed their way past colleagues over the years to call the residence home. Yet in an offer that probably seemed too good to be true, the property site Booking.com has been accused…
- Britain is OK with public ownership, but only by foreign powers. Why?
Arthur Downing, author of Power and the People: A History of British Energy, says all-encompassing rapid transition will need a mutualised system Have you ever wondered why it is that most houses in the UK are reliant on gas boilers? Not what’s stopping more people from replacing them with heat pumps, but instead why a…
- Almost half of world’s farmers poisoned by pesticides every year, experts find
Study reveals that pesticide poisoning kills 11,000 people each year, with India accounting for nearly 60% of fatalities Almost half of the world’s farmers are poisoned by pesticides every single year, a study has found. Using publicly available data from 2006-2023, the study, which was commissioned by Pesticide Action…
- My autistic son lives in fear of bailiffs from Ovo breaking into his flat
He doesn’t have an account with them, but is being bombarded with demands for money and threats of debt collectors My autistic son has been bombarded for years by letters to his home from OVO Energy addressed to “The Occupier”, with demands for money and threats of debt collectors. He is supplied by Scottish Gas. He wa…
- Andy Burnham has already made a mistake that will cost him his premiership: he lost his nerve over political donations | George Monbiot
Being subservient to the interests of the wealthy now means that his hands are tied, and he will be unable to tackle Britain’s most pressing issues Damn the electorate. They’re so impatient . No sooner do they get a new leader than they want another one. Those ingrates are already starting to grumble about Andy Burnham…
- Apple Maps renames Lake Ontario as Lake America after Trump order
The iPhone maker follows rival technology giant Google in relabelling the Great Lake.
- Fake 10 Downing Street listing exposes 'unfit' Booking.com, says consumer group
Booking.com said the "limited test" was "not a true reflection of the experience of millions of listings or reviews".
- UK long-term borrowing costs highest since 1998 ahead of October Budget
Higher borrowing costs have piled fresh pressure on Andy Burnham ahead of his first Budget.
- Will self-flying planes transform the skies?
Autonomous crop-spraying aircraft are leading the way in pilot-free flying.
- Kids eat free and loyalty points - six ways to eat out but not break the bank
The cost of dining out is getting increasingly hard to swallow - but clever planning can get you cheaper deals.
- Stan Kroenke agrees to buy MLB's Angels, valuing team and regional network at $4 billion
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC's most recent list of the world's most valuable sports empires.
- Who is John Ternus, Apple’s new CEO?
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profits Tim Cook stepped down as CEO of Apple on 31 August. John Ternus, a longtime company veteran, succeeded him the next day as the company’s new chief executive. Cook has…
- Private equity keeps picking off London-listed firms – and Westminster barely notices | Nils Pratley
Bodycote is the latest FTSE 250 industrial company set to fall to an overseas bidder, despite the government’s talk of ‘reindustrialising’ The UK is in the business of “reindustrialising”, says the prime minister. If we are, an increasing portion of the activity will be under foreign ownership. Tuesday brought yet anot…
- How one of the largest investors in student housing is playing this school year
Mike Gordon of Harrison Street Asset Management said funding cuts and enrollment trends are making specialization more vital than ever.
- US borrowing costs hit fresh highs over inflation fears
The effective interest rate on 10 years rose to 4.79%, its highest level since January 2025, as oil prices surged.
- Andy Burnham pays tribute after Keir Starmer says he is stepping down as MP – video
In his first address to the House of Commons as prime minister, Andy Burnham paid tribute to his predecessor, Keir Starmer, who announced he was standing down as MP for Holborn and St Pancras. The Labour leader praised the former PM for his achievements, saying Starmer took the party 'from one of its worst defeats to i…
- Goodyear burning rubber and cash as turnaround plan continues
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
- France targets Shein and Temu with fast fashion fees
The levy on "ultra-fast fashion" items could reach almost €20 per garment by 2030.
- I climbed the career ladder and got my dream job at 30 - then I hit burnout
Just after Jo Hooper landed her dream role at 30, she struggled with burnout and had to take time off work.
- Livestream shopping is gaining steam in the U.S., thanks to apps like TikTok and Whatnot
Whatnot and TikTok are tapping into its potential livestream shopping in the U.S. after a decade of massive success in China.
- OneRail launches AI platform with Nvidia for retailers to make faster delivery decisions
Last-mile delivery company OneRail is launching a new platform with Nvidia to use AI to help retailers make faster and more efficient delivery decisions.
- Ikea cuts prices as customers struggle with rising cost of living
The Swedish retailer has seen revenue decline as the rising cost of living reduces people's ability to buy new furniture.
- Toyota's hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
- AI could cause global economic downturn, Andrew Bailey warns G20
The governor of the Bank of England warned of AI's “volatility” caused by energy shocks from the US-Iran war.
- Shein valued at $26bn after long-awaited stock market debut
The firm's Hong Kong listing on Tuesday comes after a years-long quest to sell shares in New York and London.
- What does Andy Burnham's home town think of him as PM? – video
In the Warrington suburb of Culcheth, people are hopeful about what one of their own can achieve as the first northern prime minister in half a century. The Guardian's Richard Partington, who also grew up in the quiet suburb halfway between Manchester and Liverpool, gets the thoughts of local people on the new prime mi…
- ‘I feel like I’m grieving’: staff on the devastating fallout of widespread layoffs at Xbox
Last month, Microsoft’s gaming division told its workforce it was cutting 3,200 jobs, which some say will have big ramifications for game development – as well as taking a huge personal toll On the morning of 6 July, an email went out from Asha Sharma, the chief executive of Xbox, to all of the division’s employees aro…
- From milk to sausage rolls: how vending machines could help tackle UK ‘food deserts’
Selling direct to public helps squeezed farmers control prices and improves access to food in rural areas Fizzy drinks, packets of crisps and bars of chocolate: for decades, vending machines were known as a place to grab a quick snack. Now one family of farmers is trying to change that by bringing vending machines offe…
- Could this humble sea sponge clean up the world’s ports?
The chicken liver sponge has sailed through a test of its ability to filter pollutants in a harbour in Spain’s Costa Brava In the polluted waters of Marina Palamós on Spain’s Costa Brava, Manuel Maldonado, a sponge biologist, noticed something unusual last month: red starfish had started settling in the area. Nearly tw…
- My abusive and aggressive partner left me but O2 insists I meet him in person
I need to take him off my family account, but it says the only way is for him to join me for a joint call with O2 My partner packed up and disappeared with his children while I was out with friends. I was left having to foot all our bills, including rent, which has made me financially stressed. We had a family plan wit…
- ‘A huge learning curve’: apprentices on the benefits and pitfalls of vocational training
While many young people have found jobs and built careers, some have struggled to complete their courses The crisis in the youth employment market, with almost a million young people not in education, employment or training (Neet) across the UK, has placed fresh emphasis on ways of getting employees into the workforce.…
- Child trust fund firms face review over efforts to find who owns £1.5bn worth of pots
Exclusive: FCA pressures firms to do more to sort 760,000 accounts as watchdog urges families to use free tracking service Child trust fund providers are being put under the spotlight to check they are treating savers fairly and doing all they can to reunite young people with lost accounts. The Financial Conduct Author…
- Feeling nostalgic for summer? How to beat the back-to-work blues
Going back to work after a summer holiday can be tricky - here are a few tips to make it easier.
- UK houses near top state secondary schools cost £40,000 more, research reveals
Premium of nearly 10% paid by housebuyers comparable with cost of a cheaper private school over seven years A house near a top state secondary school costs an extra £40,000 on average, according to research that reveals education premiums that rank alongside some private school fees. The average property in a postcode…
- Amazon rigged $20bn worth of ad prices, US lawsuit alleges
Amazon responded to the lawsuit, arguing the US Federal Trade Commission "misunderstands" their ad market.
- Trump strikes new drug pricing deals with nine midsized drugmakers
The string of deals builds on the Trump administration's push to link the nation's drug prices to cheaper ones abroad.
- Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
- Hyundai has grown more than any automaker in the U.S. — and it's not done yet
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
- Victoria Beckham's company makes its first profit after 18 years
Beckham's fashion and beauty business makes a £7.3m operating profit after years of losses.
- Burnham’s bumpy ride ahead: PM’s in-tray full of dilemmas as parliament returns
Labour leader faces tough decisions on issues such as North Sea drilling, electoral reform and defence spending After a relatively cheery summer in which he announced a range of eye-catching cost of living policies, Andy Burnham may find his return to parliament this week to be a rude awakening. While the new prime min…
- The 'choose your own adventure' earnings: Why retailers are handling tariff refunds so differently
Retailers have diverged on how they've reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.
- Manhattan's luxury rental market is booming, with units reaching $100,000 a month
New York City brokers said they've seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records.
- It’s time to get shirty about the short life of the football top
With millions of club shirts going to waste every season, a radical recycling rethink is needed When Joanna Czutkowna buried a Manchester United jersey, a cotton T-shirt and a wool-cotton jumper in her Lancashire farm and dug it up a year later, the video went viral. The T-shirt had disappeared, apart from the seams (s…
- 'My parents won't lend me £10k but helped my brother': When families play financial favourites
So-called financial favouritism can cause jealousy and resentment long into adulthood. Here is how experts say you can avoid it
- FDA approves daily HIV pill from Gilead designed to simplify treatment for some patients
The new pill is also aimed at people who are doing well on a single-tablet regimen, including Biktarvy, and want to switch to a new treatment.
- How Taylor Farms became integral to America's food supply system
Taylor Farms and other suppliers have become larger and more integral to the U.S. food system, complicating foodborne illnesses such as cyclosporiasis.
- Imax says it's open to a sale. Why is no one buying?
Imax's stock and box office are breaking records, but studio conflicts and a soaring valuation complicate the list of who could bid for the company.
- Overcooked? Why robotic pizza makers are failing
A string of failures has sapped confidence that robots will take over production at pizza restaurants.
- Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.
- Family offices are making a bullish bet on the stock market, according to CNBC Family Office Portfolio Tracker
The data includes the portfolios of hundreds of family offices, representing a total of $1.4 trillion in assets.
- What the Buss family Lakers dispute can teach the wealthy about trusts
Jeanie Buss, governor of the Lakers, is contesting her siblings' decision to sell the family's remaining stake in the NBA team.
- American Airlines adds batch of new international routes on its XLR planes
American is adding seven routes to its 2027 schedule, with the majority heading to smaller European cities from its Philadelphia hub or from New York City.
- How Dolly Parton's business savvy helped her succeed far beyond the charts
While country music and films brought her fame, her entrepreneurial zeal brought her fortune.
- Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Paramount Skydance's acquisition of Warner Bros. Discovery is stalled due to an antitrust lawsuit, leaving WBD in limbo during a pivotal moment for media.
- Firms scramble for battery power in Spain and Portugal
After last year's massive power failure Spanish and Portuguese firms are buying battery back ups.
- Investor competition for commercial real estate sees strongest growth in a year
Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according to JLL.
- Dick's Sporting Goods stock falls 30% as retailer misses expectations, cites 'challenging' footwear market
Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.
- Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it
An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.
- HHS plans new FDA deputy commissioner roles for technology and drugs, sources say
HHS plans to name two deputy commissioners for technology and drugs, said two sources familiar with the matter.
- United Airlines adds 2027 flights spanning Sardinia to Okinawa. Here's what it says about travel today
United is betting big on premium, international travel with a host of new routes.
- Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines "for a very long time" even with the rise of EVs.
- Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
Lego CEO Niels Christiansen told CNBC the company is seeing strong sales at both ends of the pricing spectrum.
- Drought leaves 'barely any apples' to make cider
Some orchards are harvesting just a 10th of their usual crop, and facing an uncertain future.
- 'What you see is what you pay' - why some US restaurants are banning tips
Tips are central to US dining culture but some eateries think that they are unfair.
- How landscape gardening is being electrified
The switch to quieter electric equipment is not going as fast as some would like.
- Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
- Why a modest US interest rate rise won’t change much for most businesses
Rates may rise, but don’t be too concerned – a small increase is unlikely to change major decisions on investment or hiring With the appointment of a new Federal Reserve chair, the latest concern is that interest rates will go up in the next few months. That decision will depend on many factors, including inflation , j…
- AI is destroying the internet. Math is our only hope.
The rise of autonomous AI agents necessitates the utilization of zero-knowledge proofs, argues Brian Trunzo, chief growth officer at Succinct Labs.
- Kraken says simpler options can unlock crypto's next derivatives market
The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.
- Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.
- Are money and soft power draining World Cup football of its magic? | Richard Partington
Fifa’s orchestration of incompatible or frankly absurd corporate sponsorship suggests the balance may have tipped too far It’s almost all over. No more hydration breaks, no more obligatory pans of the TV cameras to Hollywood A-listers, or dread of the crushing inevitability of English disappointment. The Fifa World Cup…
- After fixing its engine problems, Rolls-Royce is turning to its next big challenge
The aerospace giant is seeking UK government support for its re-entry into the huge narrowbody jet market In a 100-year-old hangar at Rolls-Royce’s factory in Derby, aircraft engines lie on their noses as technicians strip them down after a couple of years circling the world. Cranes lift and flip the engines, before en…
- Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins
Project Eleven says it has funded a proof that lets a wallet's own key-derivation path stand in as ownership after quantum computers can forge its signatures. It runs in 243 milliseconds on a laptop.
- Fifa gives fraud ‘an open door’ with betting, says Council of Europe chief
Fifa deal with prediction market company under fire Balogun reprieve showed ‘rules bend under pressure’ Fifa has been accused of providing an “open door to fraud” and allowing political influence to cast doubt on the integrity of the World Cup in a stinging rebuke by the Council of Europe’s secretary general. In an ope…
- Restoring Britain’s health to 2014 levels could add 2% to GDP, thinktank says
Health Foundation paper argues health is an economic asset and improving it could generate £72bn for public finances Restoring the deteriorating health of the UK’s population to the level of 2014 would boost GDP by 2% and generate a £72bn dividend for the public finances, research suggests. A paper by the Health Founda…
- Here be dragons: does moving power to the north work?
Andy Burnham’s recent promise to create a ‘No 10 North’ echoes BBC’s successful Out of London plan When the BBC first announced its intention to move a significant chunk of its operation to Salford in Greater Manchester – the “ Out of London ” plan, as the then director general Mark Thompson called it in 2004, with a f…
- ‘Good growth in every postcode’: Burnham’s economic to-do list in seven charts
From industrial strategy and defence to housing and living costs, we lay out the challenges facing the new PM Andy Burnham becomes prime minister as Britain contends with a series of global economic shocks and years of weak growth in living standards, fuelled by underinvestment and deep regional divisions. Before his a…
- ‘We noticed a login from a new device’: the message from fraudsters targeting your X account
They are out to steal your password to commit further fraud such as crypto scams or phishing attacks You have had an X account for years, since it was known as Twitter. When an email arrives about a new login from a location nowhere near where you live, alarm bells begin to ring. “We noticed a login to your account fro…
- Inside Zcash's new node that targets Visa-scale privacy at 50,000 transactions per second
The new Zakura client is the first live piece of a plan to take Zcash from roughly one private transaction per second to payment-network scale.
- Bank of England to stop accepting bonds linked to coal for key loans
Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuel Climate campaigners have declared a victory after the Bank of England said it would no longer accept bonds linked to one of the most polluting industries on the planet for key loan arrangements. The ban, which comes in…
- US regulators miss GENIUS Act’s one-year deadline for final stablecoin rules
The delay does not postpone the law’s Jan. 18, 2027 effective date, leaving regulators and stablecoin issuers with a compressed implementation window.
- France orders country's internet service providers to block Polymarket
The regulator cited concerns over addictive mechanics, a lack of self-exclusion tools, and a high volume of French users bypassing previous financial restrictions.
- Bitcoin Japan, which holds no bitcoin, taps EVO Fund in planned $60 million raise to finally buy some
A prior December raise instead funded stakes tied to SpaceX and Figure AI, which the company says are its two AI infrastructure investments to date.
- Crypto executives say digital native generations may never need a bank account
teakhouse Financial co-founder Adrian Cachinero says digital-native generations may rely less on banks, while Binance says younger users are already driving crypto adoption in emerging markets.
- DOG Mode explains Bitcoin's next governance fight
Leonidas' DOG Mode client challenges Bitcoin's default relay policies, reopening a philosophical debate over censorship, free markets and who really governs the network.
- Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked stablecoins account for about 90% of Brazil's crypto transactions.
- Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away
About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth.
- Massive bitcoin call spreads target $72,000 by month end, right when the Fed meets
Large traders are betting on a BTC price rise to $72,000 by the end of the month, latest options market flow suggests.
- UNI burn poised to grow as Uniswap governance votes on v4 fees and Robinhood Chain expansion
Both proposals route new fees into the UNI burn system created under December's "UNIfication" overhaul, with voting open from July 19 through July 26.
- Tokenization has become a strategic priority for 84% of financial firms
A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets where digital and traditional assets coexist.
- Cuba edges toward breakdown as power cuts and US meddling push society to brink
As Cuba swelters under six-month oil blockade imposed by US, tempers are fraying and unrest is growing When Cuba’s national grid collapses, as it did for the third time in 10 days on Tuesday, a collective groan spreads across its cities and people wonder, again, whether the island’s antiquated electricity system may so…
- The Paramount-WBD merger: bad news for Hollywood, great news for Tennessee? | Dave Schilling
Yet more consolidation means one less studio, inevitable redundancies and a blow to this city’s cultural heritage There are simply too many companies in the world. Apple, Google, Amazon, Ryanair. I’m probably forgetting some. How could I not? There are so many companies . Thankfully, here in Hollywood, we’re culling th…
- Andy Burnham considers radical shake-up to cut energy bills
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilers Andy Burnham is considering radical plans that could cut household energy bills by £130 a year and make running a heat pump cheaper than a gas boiler. In his speech on Friday as he became the new Labour le…
- Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter
Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy The scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn…
- Poultry sector growth plan risks UK national security, campaigners warn
Government’s food security push is said to rely on animal feed imports with vulnerability to supply chain shocks The government’s planned poultry sector growth plan is a risk to national security, campaigners have warned. Earlier this month, the environment secretary, Emma Reynolds , told the Groundswell agriculture fe…
- Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
CEO’s pay packet surges to £791,000 as union says public ‘sick of obscene pay’ and bosses ‘feathering own nests’ Wessex Water awarded its chief executive an above-inflation pay increase even as the company was banned from paying bonuses because of sewage spills, it has emerged. Ruth Jefferson received a 14% base salary…
- Six political headaches Andy Burnham must tackle in his first weeks as PM
From dealing with Trump to easing cost of living, the incoming prime minister is mulling his approach to contentious issues When Labour was preparing for power in 2024, Keir Starmer’s then chief of staff, Sue Gray, compiled what one Labour official called her “shit list” – a dossier of immediate fires the government wo…
- London Underground users should know about toxic dust risk, whistleblower says
Former tube network cleaner says tribunal vindicated his health concerns, including about asbestos, that could affect public A London Underground worker who was unfairly sacked after whistleblowing about his concerns over exposure to asbestos and other toxic dust has said he wants all tube passengers to know about the…
- Bank of America taps new leaders to bridge crypto, AI and traditional finance
Sonali Theisen was named head of BofA's global digital assets platform, while Kevin Milsom was tapped to serve as head of AI transformation
- CryptoQuant says Strategy still needs disciplined bitcoin buying and selling framework
CryptoQuant said Michael Saylor's Strategy still needs still needs clearer rules for when to buy and sell bitcoin.
- FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since repayments began in 2025.
- Trezor exec pushes back on ZachXBT claim that hardware wallets are ‘complete garbage’
"I do not advise using them for important tasks like signing transactions or storing funds," ZachXBT wrote this week.
- Nigel Farage says questions over his finances are part of ‘coordinated pile-on’
Reform leader says he’s been ‘demonised’ since revelation he received £5m from billionaire before election Nigel Farage has accused people raising questions about his financial backing of “demonising” him as part of a “coordinated pile-on” to stop Reform UK. In one of his first speeches since the opening of two parliam…
- Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
Polymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.
- Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
- Berry tough: Ribena seeks to make hardier blackcurrants to beat extreme weather
£200,000 investment comes after harvests in Britain hit by wet winter, spring frost and hail, then heatwaves The owner of Ribena is to invest £200,000 in helping blackcurrant bushes withstand stress after extreme weather put a squeeze on this year’s UK harvest. That harvest is now under way in the berry’s main growing…
- Bitcoin slides toward $63,000 as Coinbase premium stays negative for a record 60 days
Bitcoin fell near $63,000 as chip stocks sold off, the Coinbase premium stayed negative a record 60 days, and ETF flows remain thin.
- South East Water warns over survival as funds dry up
Supplier to 2.4m customers says it doesn’t have enough money to last beyond July 2027 South East Water has warned there is “material uncertainty” over its survival, after a disastrous year in which the lossmaking company paid millions of pounds in fines and its chief executive was forced out. The water supplier to 2.4…
- Cardano hands core development to outside teams in decentralization push
Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.
- Intercity rail passengers face summer disruption amid slashed services and strike votes
East Midlands Railway cancels trains on Midland mainline, as drivers on LNER and Avanti West Coast ballot Intercity rail travellers face potential disruption this summer across Great Britain’s three north-south mainlines, with drivers voting on strike action on two lines and timetables slashed on the other owing to mal…
- Bitcoin ETFs could mirror gold’s history of ‘spectacular gains’ and ‘painful drawdowns,’ analyst says
Bloomberg ETF analyst Eric Balchunas compared IBIT’s short time above $100 billion with GLD’s precipitous rise in 2011.
- Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
- Amazon Web Services customers receive bills for up to $1.5tn after global glitch
One UK man whose bill is usually less than £1 says he ‘almost had a heart attack’ when he saw £5.8bn invoice People always suspected big tech was greedy, but not quite like this. Patrons of Amazon Web Services have been landed with panic-inducing monthly bills running as high as $1.5tn for subscriptions that usually co…
- Apple dethrones Nvidia to regain title of world’s most valuable company
Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligence Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple was last valued at $4.88t…
- Galaxy Digital puts its name on Texas Tech football stadium in 15-year partnership
The deal's financial terms were not disclosed, but Yahoo Sports reported the agreement is worth more than $70 million.
- How Burnham’s team could reshape the Bank of England
Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differently When Louise Haigh – then a lowly backbencher – wrote a policy prospectus for the leftwing Renewal journal back in May, it contained a little-noticed nugget: a rethink of the Bank of England’s…
- Beijing’s message to the world’s tourists: come here and judge China for yourselves | Zichen Wang
By relaxing visa rules, Beijing has two things on its mind – boosting its economy and improving its self-image Walk through central Beijing today and one thing quickly becomes apparent: foreigners are back. They are taking photos outside the Forbidden City and sitting in cafes around Gulou and Sanlitun. The shift is vi…
- Hot tubs and £80 rosé: how the mud-soaked British festival got a luxury makeover
Struggling industry seeks to capitalise on Gen Z’s willingness to spend on experiences and comfort It had always been the great British festival way: greasy burgers and warm beer, retch-inducing toilets and the descent into dishevelment as roughing it takes its toll. But a generation of festivalgoers has emerged who ar…
- Japan's SBI Group is building Asia's first cross-border digital asset empire
The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.
- SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako following MAS approval
SBI Holdings acquired Singapore's Coinhako after MAS approval, folding the licensed exchange into its expanding digital asset network.
- Crypto-style derivatives reach AI compute ahead of planned CME and ICE futures: Bernstein
Crypto-style perps and prediction markets hit AI compute ahead of CME and ICE, with regulated GPU futures targeted for late 2026.
- Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark
Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.
- AI frenzy losing steam leaves bitcoin less volatile than South Korean stocks
Your day-ahead look for July 17, 2026
- ‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court
Attorneys general from 12 states are suing to block the Paramount-Warner Bros deal they say violates antitrust law A last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111bn deal they say viol…
- Live markets: Bitcoin returns to $63,000 as Nasdaq trims large early loss
A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 level it reached on this week's soft inflation print.
- Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto
Crypto fell as AI stock fatigue and U.S.-Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.
- Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization
Brian Chesky regained control of his account and told any new crypto followers he would be a "disappointing follow".
- Taiwan sentences BitShine crypto exchange ringleader to 22 years in $39 million fraud case: reports
The defendant reportedly led a criminal group that operated under the guise of BitShine, which was once registered with the FSC.
- UK gang jailed over $5.4 million crypto scam posing as police
The gang impersonated police officers and used convincing fake police websites to steal more than £4M in cryptocurrency from eight victims.
- Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds
Japan's Nikkei had its worst day since March. Ether is still the only major holding a gain on the week, barely.
- This $28 million ether market bet aims to profit from pure market chaos
The mega trade aims to profit from a potential surge in ether price turbulence.
- China ‘strongly dissatisfied’ with nationalisation of British Steel
Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of Commerce China’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government intervened to prevent the closure of its steelworks in Scuntho…
- Andy Burnham’s difficult first cabinet – a visual guide to the options and dilemmas
The Makerfield MP enters No 10 as prime minister on Monday. But who will he choose to join him at the table? Keir Starmer is expected formally to resign as prime minister on Monday morning at Buckingham Palace, with Andy Burnham being invited to take on the role shortly afterwards. Once back in Downing Street mid-morni…
- ‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
Exclusive: Watchdog asked to look into how James Watt got data of ex-crowdfunders he invited to join buy-back bid James Watt, the BrewDog founder who sold the debt-laden “punk” brewer earlier this year , is the subject of complaints to the UK’s data privacy watchdog linked to his surprise bid to buy the company back, t…
- USDT vs USDC: Comparing the Two Largest Stablecoins
USDT and USDC are stablecoins pegged one-to-one to the U.S. dollar, each backed by reserves covering every token in circulation. Tether’s USDT is the largest stablecoin, with the deepest liquidity across global exchanges. Circle’s USDC is the second-largest, with Circle staking its reputation on being a publicly traded…
- ‘Bizarre choice’: business and Labour puzzle over Shabana Mahmood as future chancellor
The home secretary, favourite to take over at No 11, has minimal economic credentials and many MPs would prefer Ed Miliband Andy Burnham last month promised the UK he would bring “good growth in every postcode and hope in every heart” when he is installed as prime minister. Britain’s industry leaders also have a hope i…
- Agencies issue joint statement on handling of highly sensitive information during bank examinations
Agencies issue joint statement on handling of highly sensitive information during bank examinations
- A priority for the next chancellor: boost the London stock market
Politicians need to see there’s something worth boosting. The current hollowing-out is not healthy Another day, another takeover bid for a UK-listed company. In fact, Thursday saw three in one gulp. Bath-based Rotork, which makes safety valves for pipelines, is falling to Swiss group ABB for £4.1bn. Gooch & Housego…
- Sadiq Khan given seat in Lords, as Starmer creates 26 new peers days before he leaves No 10 – as it happened
This blog is now closed, you can read more on this story here Couples could legally marry in forests, on beaches, at sea or in their gardens under new proposals, the Press Association reports. PA says a government consultation announced today , covering rules in England and Wales, could help cut the costs of weddings a…
- Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank
Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank
- How green is Andy Burnham? Britain’s next PM faces tough climate decisions
Heatwaves, high energy prices, calls for reindustrialisation and North Sea drilling are all high on the to-do list Wildfires cast a pall of smoke this week over Greater Manchester , whose former mayor Andy Burnham stands on the threshold of No 10. Amid three UK heatwaves so far this year, which have killed thousands of…
- UK economy grew by 0.1% in May despite impact of Iran war
Rise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics show The UK economy returned to growth in May, despite the impact of the Iran war on energy costs, official figures show. The Office for National Statistics said GDP rose 0.1% in May, in line with economists’ forecasts, after a…
- China’s economy grows at 4.3%, one of its lowest rates on record
Worse-than-expected figures for three months to June come amid concerns over lopsided economy Business live – latest updates China has posted worse-than-expected growth figures for the three months to June as its economy expanded by just 4.3% – one of its lowest quarterly readings on record. The rate, which came in und…
- Labour should ditch triple-lock pensions promise, says OECD
Organisation’s experts say pledge puts pressure on UK public finances and ‘adds significant fiscal risks’ Labour should ditch the triple-lock pensions promise to help tackle the UK’s straitened public finances, the Organisation for Economic Cooperation and Development has urged. In its latest survey of the UK economy,…
- Labour must stop just writing a cheque for benefit claimants, says McFadden
Exclusive: Work and pensions secretary signals possible reform to welfare as ministers await key reviews Labour must stop “simply writing a cheque” for health and disability benefit claimants and will provide more job support instead, the work and pensions secretary has said. Pat McFadden said the government was prepar…
- AI may be the toughest challenge Anthony Albanese faces this term. Guardrails are urgently needed | Peter Lewis
Coherent decision-making and internal accountability are critical to meeting this manic moment Anthony Albanese promises fast-track approvals for datacentres to shore up AI investment The University of Sydney was the natural setting for Anthony Albanese to lay out his vision for how Australia should confront the profou…
- Minutes of the Board's discount rate meetings on June 8 and June 17, 2026
Minutes of the Board's discount rate meetings on June 8 and June 17, 2026
- Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by $0.70 compared with 2025 Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics. The consum…
- Trump forced to refund billions in tariffs – The Latest
The US government has been forced to pay billions in refunds to companies that were hit by Donald Trump’s ‘liberation day’ tariffs. The US has paid out $81bn (£61bn) this fiscal year after the supreme court ruled the tariffs were illegal. Lucy Hough speaks to international editor Chris Michael – watch on YouTube Contin…
- Oil price jumps as US-Iran clashes raise odds of interest rate rises
Energy prices later stabilise after Trump abandons plan for 20% levy on traffic through strait of Hormuz Oil and gas prices jumped and expectations of interest rate rises in Europe increased on Tuesday after the US carried out a third night of military strikes against Iran . However, they later eased back after Donald…
- China’s monthly car exports top 1m for first time as overall trade soars
Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn Business live – latest updates China’s monthly car exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%. Official Chinese customs data s…
- Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy
- Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.
Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.
- Minutes of the Federal Open Market Committee, June 16-17, 2026
Minutes of the Federal Open Market Committee, June 16-17, 2026
- Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
- Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.
- Federal Reserve issues initial findings from its 2025 triennial payments study
Federal Reserve issues initial findings from its 2025 triennial payments study
- Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
- Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
- Bedtime blues: London ‘killing off nightlife’ as UK city with strictest licensing rules
Manchester, Birmingham and Leeds are experiencing after-hours boom as a result of more lenient rules London has the earliest council-mandated bedtime of any other city in the UK as a result of policies in nightlife districts that oppose any new bar or restaurant opening past 11pm. These strict restrictions on pubs and…
- Boats, bankers and borders: five symbols that sum up Brexit a decade on
What do the touchstones of the referendum debate tell us about the complex legacy of Britain leaving the EU? Ten years ago the UK voted 52% to 48% to leave the European Union, triggering a long and tortuous political process. It took until 1 January 2021 for the country to sever its links to the single market and custo…
- Schwab to join prediction markets race with S&P 500 event-based options: WSJ
The planned offering would let customers bet on index moves as Coinbase and Robinhood expand in the sector.
- TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
- City investors fear Labour leadership battle could push up UK bond yields, as UK borrowing jumps in May – as it happened
UK budget deficit is running higher than forecast; borrowing costs rise after Makerfield byelection as US-Iran talks are called off Shares in UK water companies are dropping in early trading, as Andy Burnham’s byelection win raises the prospect of nationalisation. United Utilities , which provides water and wastewater…
- Heathrow third runway GDP yield may be 90% less than previous estimates
Department for Transport analysis suggests tiny economic boost would be outweighed by up to £62.5bn in trade-offs The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, government analysis shows, while the overall trade-off from the bigger airport could set the UK back by as muc…
- The rise of the luxury barbecue: the UK’s new outdoor cooking obsession
Sales of high-end barbecues are booming as hotter and longer summers increase appetite for alfresco dining Burned sausages, limp salads and undercooked chicken legs you live to regret; the British barbecue has historically been a sorry affair. But a slew of fancy equipment the price of a secondhand car is revolutionisi…
- Two Texas brothers admit to $8 million crypto robbery after holding family at gunpoint, face up to 20 years in prison
Brothers Isiah and Raymond Garcia pleaded guilty to an armed $8 million crypto robbery and kidnapping in Minnesota.
- What could US-Iran peace deal mean for UK household costs?
The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens Around the world, markets reacted with relief this week to news that Donald Trump had signed a draft peace deal with Iran that promised to reopen flows of oil and gas from the Gulf to global buyers. There ar…
- The UK’s social media ban for under-16s has just empowered big tech | Taylor Lorenz
Age verification means that the sector’s biggest players will now have access to information that will only make them richer and more powerful This week, the UK announced a wide-ranging ban on social media that will soon block users from communicating or accessing information on apps such as X, Instagram, YouTube, Face…
- Hormuz disruption will continue until 80 mines blocking route are cleared
Tanker owner trade body says centre of strait will stay shut for ‘some time’, and vessels forced to hug Omani coast risk running aground The centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. Several vess…
- GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin
GoMining unveiled a software development kit and programmable access for its bitcoin payment protocol GoBTC Pay, allowing merchants to accept BTC for everyday purchases.
- ‘It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings
Guardian readers in the US share concerns about how the SpaceX IPO and AI boom affect their retirement accounts Elon Musk became the world’s first trillionaire last week after SpaceX debuted on the stock market with a valuation of $1.77tn. Millions of Americans could soon become indirect investors in SpaceX and other e…
- Venice’s new mayor seeks to raise day-tripper fee to up to €50
Simone Venturini says proposal aimed at discouraging arrivals in ‘periods of heightened tourist pressure’ Venice’s new mayor has said he hopes to raise a controversial entrance fee for day-trippers to the lagoon city to as much as €50 (£43). Simone Venturini, the rightwing former tourism councillor who was elected as m…
- Fifa urged to drop Saudi oil giant Aramco as activists target World Cup
Fifa has defended its Aramco sponsorship, saying revenues are reinvested back into football at all levels As scorching temperatures beat down on World Cup soccer games across North America, climate activists – including former and current professional athletes – are calling for Fifa and other professional sporting orga…
- Franklin Templeton proposes new ETFs that turn corporate dividends into bitcoin
Your day-ahead look for June 19, 2026
- Base targets June 25 mainnet launch for Beryl upgrade and new B20 token standard
Base's Beryl upgrade introduces the B20 native token standard, cuts withdrawal delays to 5 days, and activates on mainnet June 25.
- Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day
Concerns about STRC, the dividend-paying preferred stock from Strategy continue to dominate market sentiment.
- ‘Most difficult day in the history of digital credit’: Strive CEO says leverage liquidation drove STRC and SATA selloff
STRC and SATA, designed to trade near a $100 par value, fell significantly on Thursday before partially recovering.
- Ethereum could face core development ‘funding crisis’ within nine months, says former EF contributor
Former EF contributor VanEpps warned Ethereum could face a core development funding crisis within 3-9 months after CIP expired.
- Franklin Templeton files for ETFs that reinvest stock dividends into bitcoin
Franklin has filed for two new ETFs that would reinvest stock dividends into BTC, with an expected effective date as early as Sept. 1, 2026.
- Hot weather behind rise in retail sales in Great Britain in May
Sales rose 1.2% on back of demand for items such as fans and paddling pools, says Office for National Statistics Retail sales bounced back to growth in May as record hot weather spurred sales of fans and paddling pools, while online purchases also soared. The Office for National Statistics (ONS) said the volume of reta…
- Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
Matt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded.
- Microsoft found malware that hijacks crypto wallets and spreads through USB sticks
The software intercepts shortcut files and directs them to install a worm that harvests private keys from the Windows clipboard and inserts its own destination wallet addresses when it detects a transfer.
- Trump’s Iran deal could place his legacy in the hands of Tehran
He lambasted Jimmy Carter during the 1980 hostage crisis; now Trump’s presidency could be similarly blemished It began with the fate of hostages. Donald Trump’s first recorded foray into politics was sparked by the 1979 takeover of the US embassy in Tehran, which saw 52 American diplomats held incommunicado for 444 day…
- KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears
International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contract KPMG has admitted to another breach of ethics after its staff leaked Optus’ confidential information to colleagues bidding for an audit contract with Telstra. The consulting firm’s executive…
- On the trail of the dotcom queen: how Julie Meyer left a pattern of unpaid bills, missing funds and broken dreams in her wake
Investigation: The entrepreneur was once the toast of London’s tech scene, a ‘global leader of tomorrow’ who starred on Dragons’ Den and promised untold riches for the startups she championed. But people she worked with in the last decade, from Malta to Switzerland, describe a very different reality Julie Meyer is sitt…
- What Is the CLARITY Act? The Crypto Market Structure Bill Explained
The CLARITY Act, formally the Digital Asset Market Clarity Act, is a proposed U.S. cryptocurrency market structure bill that would establish a federal framework for how digital assets are issued, traded and regulated in the United States. The bill focuses on digital asset regulation, including how crypto firms should c…
- What Happens When Bitcoin Reaches 21 Million Supply?
Bitcoin has a maximum supply of 21 million coins, a limit written into the network’s code by its creator, Satoshi Nakamoto. Once all 21 million bitcoin have been mined, no new bitcoin will ever be created. Regardless, the network is expected to keep operating much the same as it does today. Instead of mining newly [&he…
- UK borrows more than expected as impact of Iran war takes toll
May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader Business live – latest updates The UK borrowed a higher-than-expected £23.3bn in May amid the economic fallout of the Iran war, underlining the fiscal pressures facing Andy Burnham if he takes over as Labour leader. In figures…
- This major Makerfield victory has made it inevitable: it’s now time for Keir Starmer to step aside | Neal Lawson
Andy Burnham’s positive vision has struck a powerful blow to Reform – but the PM risks diminishing the impact by clinging on in No 10 Neal Lawson is director of the cross-party campaign organisation Compass That tingle of emotion you felt when you awoke today? That is the long-lost feeling of progressive hope. That it…
- Telegram questioned by Ofcom after arsonist who targeted Starmer-linked properties recruited on app
Exclusive: Telegram urged to clarify how it detects illegal incitement after attacks were coordinated using app Telegram is facing questions from Ofcom over how it detects and prevents illegal incitement after a Ukrainian man was found guilty of carrying out arson attacks on a car and property associated with Keir Star…
- MPs urge Fujitsu to make ‘immediate’ payment to Post Office Horizon victims
Liam Byrne, who chairs Commons business committee, says too many operators are still waiting for redress The Japanese tech company at the centre of the Post Office IT scandal is facing calls from a parliamentary committee to make an “immediate” payment towards the compensation bill for victims. Fujitsu supplied the fau…
- CFTC, SEC request public comment to clarify definition of ‘swaps’ amid CME lawsuit
CME Group sued the CFTC on Thursday over the agency's decision to classify perpetual futures as futures contracts rather than swaps.
- XRP falls 3% after losing $1.15 support as breakout attempt fades
Heavy selling pushed XRP back below a key support zone, reinforcing a downtrend that has repeatedly stalled rallies near $1.25.
- Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.
- Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.
- Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
Crypto dropped across the board on Friday in holiday-thinned trading, giving back the week's gains. With oil down 9% and the Iran deal signed, the question turns to whether this cycle gets an altseason at all.
- Kalshi holds early IPO talks with investment banks: report
The prediction markets platform raised $1 billion in a Series F round in May, bringing its valuation to $22 billion.
- Burnham brings in top economists before possible leadership run
Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets Makerfield byelection – latest updates Three economic heavyweights have been brought in to advise Andy Burnham as he attempts to reassure the markets before his return to parliament and possible challenge t…
- Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market
The disclosure of additional amendments typically reflects potential communication with the SEC and progress in the launch process.
- Fidelity launches GENIUS-aligned money market fund for stablecoin issuers
The fund invests exclusively in eligible reserve assets permitted for stablecoin issuers under the GENIUS Act.
- Strategy’s preferred stock STRC continues to trade under $90 as trading volume jumps
Strategy's preferred STRC stock closed again under $90 for the second consecutive day at $88.59, having drifted as low as $82.50.
- CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions
Bitcoin transactions below 0.01 BTC now make up about 80% of all daily transactions, up from about 44% in 2023, CryptoQuant said.
- New Texas power grid allocation framework could lift bitcoin miners turned data center operators
The Electric Reliability Council of Texas says data centers account for nearly 90% of the 438 GW of large-load demand in the state.
- Sen. Gillibrand’s son is building a perps exchange that wants dual CFTC, SEC oversight: report
The American Perpetuals Exchange Corporation raised $30 million at a $300 million valuation, Fortune reported on Thursday.
- Rep. Steil introduces bill to block lawmakers from placing prediction markets bets on public policy issues
Rep. Bryan Steil introduced legislation aimed at preventing lawmakers and their families from profiting from bets on political outcomes.
- CFTC enters settlement with former Celsius CEO, imposes a permanent trading ban
The CFTC said it has settled its case against former Celsius CEO Alexander Mashinsky, who is currently serving a 12-year prison sentence.
- Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.
- Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.
Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.
- Another FTSE 100 firm falls to private equity. Where are the new listings? | Nils Pratley
You can’t complain Intertek’s £10bn takeover happened – the problem is the lack of arrivals in the other direction It would be a stretch to describe the £10bn-ish takeover of Intertek as a landmark event for the London stock market or the FTSE 100 index. This is not an Arm Holdings moment – the purchase of that Cambrid…
- The Guardian view on OnlyFans: revelations of abusive middlemen merit MPs’ attention | Editorial
Reports of agents taking 50% of women’s earnings undermine the company’s rhetoric of empowerment Since its launch a decade ago, and throughout its journey to becoming one of the UK’s most successful internet startups, OnlyFans – which was valued at more than £3bn in April – has presented itself as a vehicle for co…
- UK could keep special pre-Brexit terms if it rejoined EU, Michel Barnier says
Exclusive: Former chief Brexit negotiator says staying out of euro and Schengen area would be ‘perfectly possible’ ‘Cynical to get power’: Michel Barnier on Boris Johnson, Brexit and the EU’s future Michel Barnier has said Britain could regain its special terms if it rejoined the EU and claimed it was becoming clearer…
- Bank of England governor warns UK public to expect higher costs this year
Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold The governor of the Bank of England has warned consumers to expect higher costs this year as a result of the conflict in the Middle East, despite falling oil prices as the US and Iran sig…
- City & Guilds scraps mass redundancies and offshoring UK jobs to Greece
PeopleCert had been planning to cut about 400 jobs in £22m savings drive at training body it bought last year The vocational training body City & Guilds has guaranteed that plans for mass compulsory redundancies and the offshoring of hundreds of UK jobs to Greece will no longer go ahead. The proposal to remove abou…
- U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.
- Heathrow third runway likely to affect health of millions nearby, official report warns
Expansion could also harm access to housing, education, healthcare, open spaces and transport, analysis says Construction of a third runway at Heathrow is likely to have significant adverse effects on the health and wellbeing of up to 3 million people living nearby, an official report has said, as the government launch…
- Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
Wang's departure follows the resignation of fellow co-executive director Tomasz Stańczak and marks the latest in a string of high-profile exits at the EF.
- Not so empty nesters: record-high number of US adults under 35 live at home, new data says
Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions A record number of the US’s young adults were living with their parents last year, according to new data from Realtor.com , as high housing costs pushed the milestone of independent living out of reach. A th…
- Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened
Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”, knocking its shares in early tra…
- ‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds
Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers The environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has f…
- Crypto for Advisors: Trading the bitcoin cycle
Bitcoin’s 4-year cycle makes DCA costly. Learn why a cycle-smart strategy is essential for advisors to better manage volatility and maximize client returns.
- Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company
Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company
- Algorand unveils roadmap to achieve quantum resistance by 2028
The announcement reflects a crypto's growing recognition that adopting quantum-resistant cryptography could take years, requiring changes not only to user wallets but also to core protocol infrastructure.
- CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower from Wednesday.
- Alchemy's AI-driven identity and payment service gains access to Visa network
The AgentCard integration with Visa Intelligent Commerce allows AI agents built on models from any provider, including OpenAI or Anthropic, to effect commercial transactions.
- Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
- Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.
- Americans are spending $800 just to cool their homes. We are at a breaking point | Mark Wolfe
While the stock market booms for the rich, cost of living is soaring for everyone else Since 2020, the stock market has more than doubled. Americans who own substantial financial assets are reveling in economic success. For everyone else, the economy feels very different. This summer, the average family will spend near…
- UK vacancies fall to lowest for five years as wages grow faster than expected
Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April The number of UK job vacancies fell to its lowest level for five years as businesses cut back on recruitment, official figures show, despite signs the labour market has been more resilient to the Iran war than feared. T…
- Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market Brexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research shared with the Guardian shows. With the UK’s future relationship with…
- Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement
- Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
- UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese UK house price inflation has picked up while rents are rising at a slower pace, according to official figures. Average monthy private rents rose at an annual rate of 3.3% to £1,383 in My, down fro…
- Surprisingly benign UK inflation data signals a softer Iran war hit than feared
Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc UK inflation stays at 2.8% as slowing food prices offset transport costs As soon as Iran choked off oil supplies through the strait of Hormuz at the start of March, there were…
- UK inflation stays at 2.8% as slowing food prices offset rising transport costs
May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates Analysis: benign data signals a softer hit than feared UK inflation unexpectedly remained at 2.8% in May, as rising energy costs caused by the Iran conflict were offset by slower increases in food prices. The unchang…
- Starmer vows new sanctions on Russia and nuclear energy support for Ukraine
G7 told ‘we will stand with Ukraine for as long as it takes’, with Russia’s finance networks and shadow fleet targeted Keir Starmer has vowed to “choke off” Russian revenue with further sanctions and to provide hundreds of millions of pounds worth of energy support for Ukraine, as he met world leaders in France for the…
- Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough
Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crude Analysis: Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens Global oil prices have tumbled to a three-month low and stock markets closed at a record high amid fresh hopes that a US-Iran peac…
- City & Guilds bosses awarded themselves millions in bonuses, investigation finds
Report finds Kirstie Donnelly and Abid Ismail paid bonuses ‘without authorisation or knowledge’ of superiors The two most senior executives at City & Guilds awarded themselves millions of pounds of bonuses “without authorisation from, or knowledge of” their superiors, an internal investigation into last year’s £166…
- Backlash against ‘short-termist’ UK plans to weaken EV sales targets
Charging industry and electric vehicle manufacturers say measure could cost jobs and harm UK automotive sector The UK government’s plans to further weaken electric car targets have provoked a furious backlash from the charging industry and the electric car brand Polestar, which would lose out from the changes. The gove…
- Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened
Rolling coverage of the latest economic and financial news Oil prices tumble amid hopes strait of Hormuz will soon reopen European stock markets have hit a record high at the start of trading, as relief over the US-Iran peace deal ripples across global markets. The pan-European Stoxx 600 index has jumped by 0.9% to 639…
- The right wants money for defence. It should start with MoD wastefulness – or even the pensioner triple lock | Polly Toynbee
There is nothing left to be squeezed from disabled people or families, yet some continue to bang the same old drum What’s it to be, warfare or welfare, social or military spending, guns or butter? Hermann Göring coined that phrase calling for re-armament, “Guns will make us powerful, butter will only make us fat.” In h…
- EU trade deficit with China reaches record €1bn a day, data shows
Import and export figures come as European leaders prepare to meet this week to address growing imbalance The EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day, according to official trade data, fuelling concerns over the future of Europe’s “industrial backbone”. The gap between the EU’s imports fr…
- Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles Oil prices hit three-month low and markets rally After more than 100 days of the greatest recorded disruption to the world’s energy supplies, the global oil and gas markets have breathed a sigh of re…
- Fox strikes $22bn deal for Roku to fuel streaming push
Deal gives network access to more than 100m households using Roku streaming platform Fox Corp is buying Roku in a cash-and-stock deal valued at about $22bn in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced…
- ‘It’s more exciting than ketchup!’ How chilli crisp became the hottest condiment – and how to make your own
This crunchy, spicy wonder has made a fortune for its Chinese creator – and inspired hundreds of British-Asian versions. Time to get tasting … Walk down the specialist aisle in most British supermarkets and you will find a red jar with the kindly face of a middle-aged Chinese woman staring back at you. Branded Lao Gan…
- US and UK central banks expected to keep interest rates on hold amid Iran peace deal
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressures Central banks in the US and UK are expected to leave interest rates on hold this week as the peace deal in the Middle East is predicted to ease inflationary pressures. The US Federal Reserve is expected to hold its be…
- Listen to manufacturers and unions: high electricity prices are killing industry | Nils Pratley
Make UK and TUC are right – ministers need a proper strategy to cut energy costs before there are more closures Britain ‘faces deindustrialisation’ without relief from high energy prices The manufacturing lobby group Make UK and the Trades Union Congress have picked a bad moment to plead for urgent relief for the natio…
- From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
The Standard of Living by James Graham traces economist’s influence on British politics and culture After exploring the rise of Rupert Murdoch and the emergence of Gareth Southgate’s England team , James Graham has turned his attention to one of the most important political figures of the 20th century: John Maynard Key…
- Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent
UK billionaire’s fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already own The retail billionaire Mike Ashley has launched his second takeover bid in a week, attempting to snap up the Australian footwear business Accent Group days after announcing a tilt at Hugo Boss. Ashley’s Fras…
- Australia’s Sigma drops out of talks to buy UK’s Boots
End of discussions on takeover estimated at $10bn extends uncertainty for 177-year-old British chain The Australian pharmaceutical group Sigma Healthcare has dropped its pursuit of the UK retail chain Boots, abandoning a takeover estimated to be worth $10bn (£7bn). Sigma, a wholesaler and retailer, said on Monday that…
- Macron frames Évian G7 agenda in hope Trump will stay for whole summit
US president left last meeting early, but world leaders aim to end Ukraine war and push for resolution in Gaza and Iran Emmanuel Macron, the host of the G7 summit in Évian-les-Bains, has framed an agenda to make it as palatable as possible to his guest of honour, but the French president has no idea if Donald Trump, a…
- How Brexit has made Britain poorer – in charts
Forecasters were wrong about an immediate recession but right that we would be worse off outside the EU As the 10th anniversary of the Brexit vote approaches, the verdict on Britain’s economic performance is clear: voting to leave has resulted in severe costs for households and businesses. The immediate recession predi…
- The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman
A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality Andy Burnham and Wes Streeting have sought to blunt the Green leader Zack Polanski’s popularity with a hint that a government run by either of them, should they win a Labour leadership race, would favour a tax o…
- Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened
One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society SpaceX’s shares will be supported by a number of “forced buyers”, such as tracker funds. Richard Hunter, head of markets at interactive investor, explains: The Nasdaq index ha…
- US consumer sentiment improves in June due to easing gas prices
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows Easing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, a…
- Oil prices plummet as Trump claims he is close to US-Iran deal
Brent crude falls as optimism rises that strait of Hormuz could reopen over the weekend Global oil prices fell on Friday to lows not seen since the first week of the Iran crisis after Donald Trump claimed he was close to reaching a peace deal with Tehran. The price of Brent crude began to tumble from about $93 a barrel…
- Federal Reserve Board announces final rule that establishes data standards for certain information collections
Federal Reserve Board announces final rule that establishes data standards for certain information collections
- Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.
Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.
- Agencies remove additional references to reputation risk
Agencies remove additional references to reputation risk
- Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank
Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank
- Minutes of the Board's discount rate meeting on April 20 and 29, 2026
Minutes of the Board's discount rate meeting on April 20 and 29, 2026