Markets, finance, economy.
160 articles
Government remains confident in under-pressure Martin Rolfe but transport secretary believes glitch was avoidableHow have you been affected by UK air traffic disruption?The head of the air traffic control provider Nats has been given a week to report back on the reasons for a…
OpenAI wanted to see if its agents could solve a long unsettled math problem. After gobbling billions of tokens, it found a solution.
Decision by carmaker, which is battling Trump tariffs and fallout from cyber-attack, labelled a ‘body blow for workers’Nils Pratley: Jonathan Reynolds is right, Jaguar Land Rover doesn’t warrant use of public moneyJaguar Land Rover has announced thousands of job cuts in a “body…
The new leadership is trying to maintain both confidence and the promotion of economic animal spirits.
As many as 4,000 positions could go over two years after cyber-attack and US tariffs take tollThousands of workers at Jaguar Land Rover (JLR) will be offered redundancies after Britain’s largest car manufacturer had its revenues slashed by falling sales, a cyber-attack and…
Dame Angela Eagle warns the weather event could lead to extreme storms this winter.
OpenAI's Astra model can order food, list items on eBay, and create games. Its demo has some users comparing the AI to the dystopian world of "WALL-E."
Experts warn low storage levels could push up gas prices further, leaving households with higher bills.
Good Good's CEO and president are out in the latest twist at the beleaguered YouTube golf collective. Read a memo seen by Business Insider.
Resolution Foundation argues that UK’s internationally low ‘tax wedge’ must rise to pay for defence ambitionsThe chancellor, John Healey, must be prepared to raise taxes for middle earners if he wants to fund significantly higher defence spending, the Resolution Foundation…
Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey facesBusiness live – latest updatesThe chancellor’s headroom against Labour’s fiscal rules could be almost halved at his first budget if the current global bond…
Anthropic tightened its AI security and paused some programs after Claude models accessed three organizations' systems without permission in April.
Disha Lamba, who left her job at CVS Health in New York to move back to India, felt like she was giving up a lot when she left the US.
Venezuelan interim president says the unusual agreement will help revive her country's economy.
Venezuelan interim president says the unusual agreement will help revive her country's economy.
Rolling coverage of the latest events in global financial markets, the economy and major corporate movesIn the metals market, supply fears have pushed the zinc price up to a four-year high.Zinc, which is used to galvanise steel, hit $3,955 a metric tonne this morning, its…
Nvidia has held talks to acquire Hugging Face for more than $13 billion as the chip giant expands its AI dealmaking.
A household using a typical amount of gas and electricity will pay £60 a year more, regulator Ofgem says.
Millions of households will be affected by an increase in the energy price cap by regulator Ofgem.
Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley DruckenmillerScott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former…
PM Mark Carney says ‘we got attacked’ as tariffs come into force on items from hockey sticks to tongue depressorsThe lesson from Canada’s collapsed trade talks with the US: negotiation may be futileDonald Trump has hit back at Canada after a breakdown in negotiations plunged the…
Industry body Energy UK says the current support for households most in need does not go far enough.
The struggling firm said it had improved its performance but missed regulator-set delivery targets.
Brands are capitalizing on the AI data center hate. Just look at the new ad starring Jason Kelce for Garage Beer and Liquid Death.
Government assessment warns of supply shock that could leave homes and businesses without gas within a decadeGreat Britain risks running out of gas in the 2030s despite its growing clean energy sources, unless ministers take “unprecedented” action to guard against a future gas…
Firm wants to run up to 20 daily journeys to Europe but it must get additional approval for overseas tracks.
The government says it is considering cutting the new electric car sales target from 80% to 50% by 2030.
Luigi Mangione is facing the possibility of life in federal prison for stalking charges related to the killing of UnitedHealthcare CEO Brian Thompson.
The rise of AI watermarking makes me wonder: aside from students and creative writers, how much do people care if their AI use is outed?
Imports this year now account for 14% of the market amid claims vehicles are being dumped in the EU and UKChinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.Against a backdrop of…
AI was supposed to kill developer jobs. Atlassian's latest results suggest it's creating more software builders, not fewer.
The incident raised questions about how a disrupted power supply can have such a widespread impact.
A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.
The advertising watchdog said Jaded London's marketing email made smoking seem appealing.
Fresh attacks on alternative shipping routes have left tankers facing an increasingly complex situation, analysts say.
Incidents of fuel being taken without payment have risen by a fifth in five months, according to industry analysis.
The actual presentation of FIFA's plan to part-privatise the World Cup raises many more questions than it answers.
Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading.
Airport’s bars and restaurants also unable to serve drinks to passengers because of lack of running waterA water supply failure at Gatwick has left passengers without access to working toilets or bars and restaurants.Passengers posted online that they were unable to get hot…
After Google fined €890m by EU, US president said Brussels was ‘robbing’ American companies and taxpayersWhat to know about Trump’s new tariffs on more than 80 countriesDonald Trump has threatened the European Union with additional and “substantial” tariffs after Brussels…
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’ The board of the UK warehouse landlord Segro has U-turned and said it would be willing to accept a £14bn takeover by Segro’s bigger US rival, Prologis, in a deal that would be one of…
Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-MandebMiddle East crisis live – latest updatesBusiness live – latest updatesThe price of oil has breached the $95 a barrel mark for the first time in six weeks as the escalating Middle…
Thousands of new parents fail to claim child benefit until it is too late to receive some of the money, HMRC says.
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilersAndy 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…
The SF mayor sent a letter to state regulators asking that AV companies stop "relying on live events to test unproven operational capabilities."
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…
Some of the nation's oldest bars, taverns, and saloons date before the US even declared independence. See each state's oldest bar.
The chief executive of Wild reveals what happens behind the scenes of social media posts.
Despite returning to profit after hiking bills 40%, the deeply troubled company is far from out of the woods.
AI spending ballooned as companies pushed workers to use more tokens. Chamath Palihapitiya says CFOs may soon feel the hangover.
LAPD will not renewed its agreement with Flock Safety, citing concerns over "civil liberty" and a lack of clarity over terms regarding privacy.
AI is reshaping Big Tech hiring. Engineers now make up a larger share of hires as design, product, and marketing roles shrink.
University of Chicago Law School has announced a laptop ban to foster independent thinking amid AI's rise in legal education and practice.
Serbian man reportedly saved by wife hanging on to his legs after window shattered on journey from GreeceA passenger on a Ryanair flight was reportedly almost sucked out of a window after it shattered in mid-air during a journey from Greece.The man was said to have been lifted…
Billionaires and tech leaders, including David Zaslav and Bob Iger, meet in Sun Valley for the annual Allen & Co conference.
Neso asks for extra supplies from electricity generators to cope with added demand on Thursday nightGreat Britain’s energy system operator has warned that “extreme temperatures” could hit power supplies on Thursday night, as the UK entered its third heatwave of the year.The…
Exclusive: Latest Guardian revelation about gift from cryptocurrency tycoon comes as Reform UK leader forces byelectionThe £5m gift to Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers who were concerned it may have been laundered…
Former worker at Metropolitan on Park Lane in London says he had to share tips with managers and other staffA Mayfair casino is facing legal action from a former waiter who says he was not given a fair share of tips.The former worker at the Metropolitan Mayfair – part of the…
Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major…
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the monthSign up for the Breaking News US newsletter emailUS job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau…
Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’The EU’s car industry has called for the UK to be fully included in new “made in Europe” rules that threaten to shut out British manufacturers from their biggest…
The president's crypto income far outpaces his earnings from real estate and Trump-themed items such as watches.
Seasoned cruisers told Business Insider how to make the most of your first cruise, like what to pack and when to book excursions and reservations.
I'm a travel consultant who loves visiting Europe. My top summer travel recommendations are Hvar, Comporta, and Gozo, an island near Malta.
Passengers report being stuck on grounded planes in sweltering conditions as severe weather causes travel disruption across EuropeEurope heatwave: latest updatesThunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports, leaving passengers…
Though the person in charge of the country will change, the fiscal issues remain the same.
Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’Business live – latest updatesThe US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third…
Exclusive: Productive State policy paper envisages state regaining control of basics to make life affordable, in fleshing out of ManchesterismAndy Burnham’s government should reverse 40 years of privatisation with a long-term plan to take over failing utilities in…
JD Vance dedicated his new memoir, "Communion," to his wife, Usha Vance. Here's what the book says about their relationship.
Supplier Agratas sacks its main building contractor on the government-backed project amid a budget mismatchJaguar Land Rover faces the risk of delays to the first deliveries of electric car batteries from a £5.2bn government-backed factory in Somerset after construction…
Sales agreements will be legally binding sooner and making sellers provide more home information up front are part of the planned changes.
Analysis showed how much the UK could have grown if it had not exited the EU.
Andrew Bailey says ‘still inflationary pressure in pipeline’ despite US and Iran nearing peace deal as interest rates kept on holdBusiness live – latest updatesThe governor of the Bank of England has warned consumers to expect higher costs this year as a result of the conflict…
The Transport Secretary was aiming to reduce the backlog to seven weeks by the autumn.
Edwards Air Force Base said the B-52 went down during a routine test mission and believes the crash to be 'not survivable.'
Experts warn the impact of the war will continue to affect the global economy for months to come.
Exclusive: devolving tax is part of plans to give local areas more power in areas including justice, health and educationMinisters are considering handing over billions of pounds raised by business rates to regional mayors as part of one of the biggest shake-ups of the English…
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
The cancellation of the Knicks' game watch party outside Madison Square Garden sparked a feud between NYC Mayor Mamdani and owner James Dolan.
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans…
Anthropic faces backlash as Mythos-based models intentionally limit help for AI research, raising transparency and ethical concerns.
Cold storage and logistics body warns food supplies at risk from fuel shortages, cyber attacks and extreme weatherMinisters have been accused of being complacent about the risks to vital supplies of food into the UK amid concerns over fuel shortages, cyber attacks and extreme…
Jack Clark tells BBC's Newsnight AI could get to the point where it develops without human input.
Sam Altman, Palmer Luckey, Bryan Johnson, and other Silicon Valley elites face off in a murder-mystery game on a new online show from Founders Fund.
It comes after the US Supreme Court struck down many of US President Donald Trump's previous duties in February.
CBS News correspondent Scott Pelley is out at "60 Minutes" after over 30 years. He recently took aim at Bari Weiss and new top producer Nick Bilton.
Some reports have linked the incident to recent cases of high-profile Instagram accounts being hijacked.
The backlash to Ferrari's new EV, the Luce, has been good for one collector, stirring fan passion and driving up the value of classic Ferraris.
The brand's first EV has been heavily criticised, with some saying it has abandoned Ferrari's roots.
Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor saysThe Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK’s growth rate stays weak, its governor, Andrew…
I ordered burgers from staple Midwest chains Culver's, Freddy's, and Sonic. After tasting and reviewing all three, one stood out as the best burger.
Y Combinator cofounder Paul Graham wrote that founders were emailing him in a "hard-hitting journalistic style" — which he considers a clear AI tell.
Brent crude futures down 6% to lowest level in two weeks and stock markets riseOil prices fell below $100 a barrel on Monday and stock markets rose on hopes that the US and Iran are inching closer to a peace deal.Brent crude futures, the global oil benchmark, were down 6% to…
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
Wait times of more than two hours reported at terminal for cross-Channel ferry to FranceFrench police have temporarily suspended extra EU border checks at the port of Dover as thousands of holidaymakers face long delays in the hot weather.Waiting times of more than two hours…
Trump's immigration policy limits green card status adjustments, causing confusion and debate among lawyers, advocates, and policy experts.
Musk's rocket-maker and satellite internet provider will trade under the ticker SPCX
Transport secretary Heidi Alexander blames Conservative government for ‘obscene increase in times and costs’Business live – latest updatesThe HS2 high-speed railway will now cost up to £102.7bn and trains will not start running between London and Birmingham until as late as…
Ryanair CEO Michael O'Leary is in discussions for a new contract would give him share options possibly worth around $300 million.
Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as Britain enters a renewed period of…
My son arranges his own playdates by phone, and watching him do it has changed how I think about independence.
Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
Flying by air will get more expensive as oil prices remain high after the US and Israel's conflict with Iran.
CEO admits talks with Chery as other European carmakers discuss plans with Chinese firms to share factory spaceBusiness live – latest updatesNissan’s chief executive has confirmed he would consider building cars for other manufacturers at the UK’s largest car factory in…
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership changeLong-term UK borrowing costs soared to the highest level in almost three decades on Tuesday as fears about a change of Labour leadership triggered investor jitters and…
Researchers at the University of Toronto found Canadian visits to US cities fell by nearly half in the year following the start of Trump's trade war.
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week.
The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.
Seasoned staycationers share their favourite spots as Airbnb and Booking.com say interest in UK stays are up on last year.
An international air body suggests wider acceptance of US-grade jet fuel could help to head off any supply problems.
BREAKING
The banking industry is entering its most revolutionary era ever. From digital banking infrastructure and global financial connectivity to AI-driven finance and cross-border trade solutions, the future of banking is transforming faster than most businesses realize. This article explores how modern financial innovation is changing global banking forever and why companies must adapt to remain competitive in the new financial world.
In college, I bought a cheap van and lived out of it while working and using campus resources to save money on housing costs and graduate debt-free.
The unmanned aircraft can drop off 100 parcels a day within a 12km radius of Amazon's hub.
Airlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.
