5 charts showing how ‘dumb money’ is transforming the stock market, as retail traders smas
Retail trading activity set records in May and June — and the propensity of that cohort to buy the dip has looked pretty smart.
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Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stockBusiness live – latest updatesThe boss of Currys has said supplies of air conditioning and fans are “tight” ahead of another UK heatwave, expected next week, after a boom
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage r
Rolling coverage of the latest economic and financial newsJust in: Default rates on UK credit cards have risen, and the situation is expected to get worse.New data from the Bank of England has found that default rates for total unsecured lending, including credit card defaults, r
US employers added just 57,000 new jobs in June, lower than expected
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
Palantir’s stock bounces back as analyst cheers company’s unique AI advantage
The software company’s shares have gotten off to a strong start this month following a weak run in June. O recorte ajuda a contextualizar a pauta dentro de Carreira.
Elon Musk posted twice as often on UK race and immigration as about SpaceX in IPO run-up
Guardian analysis of X feed shows how keen world’s richest person was to air his views and ‘interfere’ in British politics Elon Musk posted about race and immigration in the UK on his social media network X twice as often as he did about SpaceX, which he also owns, in the run-up
Bipartisan bill fails to protect US consumers from datacenters’ true costs, critics warn
Experts say Ratepayer Protection Act ‘posing as a consumer protection measure’ and will raise prices on working peopleThe bipartisan Ratepayer Protection Act, designed to shield individuals from soaring electricity prices amid the datacenter boom, would fail to meaningfully prote
UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after att
Rolling coverage of the latest economic and financial newsShares in ITV are down 6% this morning, making it one of the worst performers in London’s stock market, as investors digest the announcement yesterday that it agreed to sell its broadcast and streaming business to Comcast’
M&S invests in fridges that can cope with weather as hot as 45C
Retailer admits it struggled in June heatwave and also had to order more ice-cream to keep pace with demandMarks & Spencer is investing in refrigeration equipment that can cope with weather as hot as 45C as the climate crisis is expected to drive regularly higher temperatures in
Bond traders are watching this tracker to figure out the real odds of Fed rate hikes
A Fed gauge of wage growth is due to be updated on Friday, followed by a June reading on consumer inflation next Tuesday.
It was the world’s hottest stock market. Now South Korea’s stock market has entered bear-m
The cumulative impact of several different narratives – competition, sustainability, excessive leverage, international outflows- has sapped the Korean market of its upward mobility since clocking up a record high in June.
Crude prices rise as U.S. launches strikes on Iran shortly after cancelling its license to
Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.