FTSE 100 today: Stocks rise ahead of ECB rate decision
Welcome to Michael Kramer's pick of the key market events to look out for in the week beginning Monday 8 June.
Data
Air traffic chaos and compensation: 'Shutdown cost us more than £1,000'
Catie and Phil Allen should have been enjoying their first holiday in two-and-a-half years. Instead, they are at home ringing round for refunds that won't be paid.
ECB Hikes Interest Rates by 25bp to Bring Deposit Rate to 2.5%
European Central Bank (ECB) Executive Board member Isabel Schnabel said on Tuesday that the ongoing conflict in the Middle East, persistently high energy costs, and surprisingly strong Eurozone economic performance mean…
U.S. producer prices rise by 0.4% month-on-month in August
The U.S. Labor Department's August Producer Price Index (PPI) release is the primary focus for New York equity markets on Sept. 10. The prior session saw rising U.S. Treasury yields and surging oil prices chill investor…
U.S. stock futures tick up after Wall St falls on higher yields; PPI, CPI awaited
Russian President Putin says Russia has blocked a large enemy force in eastern Ukraine and it keeps striking Ukrainian ports and energy facilities; is preparing massive strikes on Ukraine's energy targets
Primark finally set to launch home deliveries
Primark has said it plans to launch a home delivery service in Britain, four years after it made its first foray into e-commerce.
JP Morgan: Toto, I Don’t Think It’s the Fed Anymore
The upward march in bond yields continues to drive the market narrative. But the logic has shifted. The initial move began in the early summer with a Federal Reserve that investors initially perceived as hawkish, but a …
AI is becoming harder to control – can humans stay in charge?
AI agents went on an uncontrolled hacking spree, leaving some in the industry worried
The one thing you need to do to succeed - according to top bosses
For some bosses, it's less about having the perfect CV and more about the way you think, the questions you ask and whether you're prepared to take a chance.
Tax banks to give some households energy bill cut, unions tell Burnham
The TUC says a bank surcharge should be reversed - and estimates it would raise £9bn over four years.
Tax banks to cut energy bills, unions tell Burnham
The TUC says a bank surcharge should be reversed - and estimates it would raise £9bn over four years.
Brent tops $100 for first time since May as U.S.-Iran military action escalates
NEW YORK—Oil prices shot past $100 a barrel Wednesday as fighting between the U.S. and Iran escalated, threatening to increase costs for consumers and businesses worldwide.
Apple unveils its first folding iPhone
Apple has revealed its first folding iPhone with a starting price of $2,000 (£1,475).
Air traffic failure was avoidable, says transport secretary
A technical failure of the UK's air traffic control system that has caused widespread flight chaos was avoidable, according to the Transport Secretary.
Is Warsh Setting Up a Policy Error?
Bill Dudley started his career on Wall Street at Goldman Sachs as its chief U.S. economist, notably advising bond traders on the economy and inflation, and what the Federal Reserve would be likely to do on interest rate…
Anthropic researcher believes more than 10% chance AI 'could kill all humans'
A top safety researcher at Anthropic has warned that AI is advancing so quickly he believes there is a greater than 10% chance it "could kill all humans" within the next decade.
What are my rights if my flight is cancelled or delayed?
Thousands of air passengers have seen their travel plans disrupted after an air traffic control problem grounded nearly 2,000 flights across the UK.
Petrol prices rise by 5p over a week as Iran war sends oil higher
The average price of unleaded petrol has risen by 5p a litre in the space of a week, according to the RAC, which warned there was "no sign of any relief" for drivers.
China CPI inflation rebounds in Aug, PPI accelerates as energy prices surge
Data from the National Bureau of Statistics (NBS) show that in August, affected by factors such as changes in international market prices and seasonal increases in food prices, the Consumer Price Index (CPI) shifted fro…
Cowboy builder tore my home apart and disappeared off the face of the Earth with £14k
A rogue builder tore Sheri Ingram's home apart and "disappeared off the face of the Earth" with £14,000.
I'm 27 and I've already written my will - here's why
But Erin Atkinson has already decided what should happen to her money and belongings when she dies.
Singaporean man pleads guilty in US to massive crypto heist
A Singaporean man pleaded guilty on Tuesday to a racketeering conspiracy charge in the US for organising one of the biggest ever cryptocurrency thefts.
US slaps import ban on Canadian alcohol, motorbikes and other goods
The US is banning a slew of Canadian products, including alcoholic spirits, dairy goods and motorbikes, as its neighbour's retaliatory tariffs on American goods come into force.
Should promotion depend on how workers use AI?
It's in Duncan Trevithick's interest to be good at using AI at work - if he can use it to get more tasks done, faster, he'll qualify for a bonus at the end of the year.