The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich
The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control
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SEC Appoints John Moses as Director of the Office of Investor Education and Assistance
Washington, D.C.--(Newsfile Corp. - June 12, 2026) - The Securities and Exchange Commission has appointed John Moses as Director of the agency’s Office of Investor Education and Assistance, which provides services and r…
Read more →Can Starmer’s late-night World Cup openings help Britain’s struggling pubs?
While venues could stay open until 2am, rising costs remain a far bigger concern for many landlords
Read more →Is Fifa allowed to make AI athletes? – video
Moving into 2026, the global sports industry is evolving and the lens through which it may be viewed is widening. The industry—inclusive of leagues, teams, federations, mega-events, media partners, investors, and more—i…
Read more →‘A long lunch is what we’re good at’: London bistro above a pub wins UK restaurant of the year
Bouchon Racine is old school, for lovers of traditional French cooking and boozy afternoons – it even aims to stop taking bookings online
Read more →Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget
Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing
Read more →‘This is what I was born for’: the drought-ridden Colombian town that took on Coca-Cola Femsa – and won
While La Calera faced severe water rationing, local springs were being drained by the drinks giant’s franchise. So the residents fought back
Read more →A solar-powered rubbish-eating boat? The vessel chomping plastic waste out of the sea
Guided by floating barriers, the Interceptor has already stopped more than 143,000lbs of rubbish from entering the Pacific from one LA river
Read more →After SpaceX’s huge IPO, Americans’ financial future will be bound to AI
They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios
Read more →SpaceX to list on US stock market today after raising $75bn in largest IPO ever – business live
Rolling coverage of SpaceX’s record-breaking initial public offering, after Elon Musk’s company is valued at $1.77tn in share offering
Read more →UK economy shrank by 0.1% in April as Iran war held back growth
The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.
Read more →Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?
From Diane Keaton’s bowler hats and polka dot scarfs, to Gene Hackman’s used paint brushes, to Terence Stamp’s love letters from Jean Shrimpton and even Matthew Perry’s black leather wallet (his credit cards and AAA mem…
Read more →Record number of young people fear long-term unemployment
Young people in England are increasingly “losing faith in their futures” according to a report, as record numbers fear long-term unemployment.
Read more →Changes to collateral eligibility in the Sterling Monetary Framework - Market Notice 11 June 2026
This Market Notice covers changes to the Bank’s collateral eligibility framework for the Sterling Monetary Framework (SMF). This is in the context of supporting the transition to a repo-led, demand-driven operating fram…
Read more →Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot
Read more →Federal Reserve Board announces final rule that establishes data standards for certain information collections
The Federal Reserve Board on Thursday announced a final rule that establishes data standards for certain information collections submitted to financial regulatory agencies. In addition to the Board, the standards have b…
Read more →SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)
On June 11, 2026, the Securities and Exchange Commission (SEC) proposed amendments to Regulation NMS that would rescind Rule 611 (the trade-through rule) and Rule 610(e) (the prohibition on locking and crossing quotatio…
Read more →Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer
Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake
Read more →China’s Jingye seeks compensation from UK over British Steel takeover
Sources say firm is asking for more than £1bn in row that could put pressure on two countries’ relationship
Read more →Ryanair investigated over charging parents to sit with their children
Budget airline describes inquiry as ‘bogus’ as watchdog says it is only large carrier flying from UK to impose charge
Read more →Home Office contractor investigates claims of staff racism and hate speech
Whistleblowers from Mitie allege some employees have made offensive remarks or liked abusive social media posts
Read more →Young, ambitious and out of work: ‘I’ve gone from Oxford to zero jobs. It’s a bit of a fall’
About 1 million 16- to 24-year-olds are not in employment, education or training – and the obstacles they face are bigger than ever. Those unemployed for a year or more explain how they are coping
Read more →Into the HyperVerse: inside a crypto scheme that cost investors millions of dollars – documentary
When Guardian Australia senior reporter Sarah Martin heard a friend’s hairdresser had invested in a cryptocurrency scheme called HyperVerse and potentially lost all her money, she decided to investigate. She soon found …
Read more →UK minister defends changes to student loans as criticism mounts
Lucy Rigby tells MPs heavily subsidised system gives the government the right to alter terms of existing agreements
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