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Brent crude rises over $85 a barrel after US carries out third night of strikes against IranGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Oil prices rose more than 2% after the conflict in the Middle East worsened, with the US carrying out a third consecutive night of strikes against Iran. Two tankers came under fire in the strait of Hormuz.Stasis has taken over markets as investors wait for the latest twist in the Iran confl

I’ve been asked to put away the dog bed – and even my shower gel. Surely prospective buyers should know that I’ll take all my mess with me when I leaveTrying to sell a house is pretty much a once-a-decade event for me, so I shouldn’t be surprised that times have changed. When I sold my first flat in 2006, the norm was actively anti-tidy. Obviously you’d spirit away food waste and animal detritus, maybe you’d put a lid on your laundry basket, but the market was overheated; everything wa

New Trump administration rules would undermine longstanding research practices. It’s death by a thousand cutsA politician who aims to gradually privatize and ultimately destroy an institution funded by tax dollars – say, a public school system or public transportation network – may choose to do so by strategically disinvesting resources from that institution until it becomes barely functional, leading users to look elsewhere to meet their needs. Eventually, the user-base of the public

The former England midfielder is everywhere at this World Cup, having reached a popularity in the US other Brits have rarely achievedWatch US television for any length of time and the endless spume of adverts will eventually separate into three distinct types.The first are adverts for units of generic food-substance, each one essentially the same hand-sized grenade of glossy and salted micro-minced matter; but each also with its own industrialised repertoire of colours and noise and pa

Thinktank urges prospective prime minister to reclaim UK’s role as an international leader on developmentInfluential backbenchers are calling on Andy Burnham to reclaim Labour’s leadership on international development and chart a course back to spending 0.7% of national income on overseas aid.In a collection of essays to be published soon by the New Economics Foundation (NEF) thinktank, MPs lay out proposals for a Burnham-led government to rethink foreign policy. Continue reading...

The High Pay Centre revealed the excesses of CEO wages. But then anti-diversity winds blew in from across the AtlanticShock ricocheted around the world of social research this week with the sudden news of the imminent closure of the High Pay Centre (HPC). Founded in 2011 by the former Guardian business editor Deborah Hargreaves to focus on analysis of extreme pay at the top and the widening pay gap between CEOs and their average employees, its closure feels like the death of an idea.Ot

Experts say cuts have hindered the response to DRC’s Ebola outbreak and resulted in ‘significant numbers’ of deathsElon Musk has an Ebola problem. SpaceX stock dropped precipitously after its initial public offering, and Tesla faces a wave of lawsuits. But instead of focusing on his companies, Musk has posted frequently on X about the US Agency for International Development (USAID), which he helped dismantle – or, in his words, feed into the woodchipper – last year.“Elon’s USAID crash-