Macroeconomic indicators, trade, and labour markets.
Global tech stocks are experiencing a significant sell-off, particularly in the chip sector, while mortgage rates are rising in the UK and US due to renewed Middle East tensions.
Why it matters
This story highlights increasing global economic volatility, with significant implications for investor portfolios, consumer borrowing costs, and international trade relations, signaling potential headwinds for economic growth.
The article highlights the growing crisis in UK retirement savings through personal stories of individuals struggling to build pension pots. Factors like the high cost of living, precarious employment, and past economic shocks are preventing nearly half of working-age adults from saving adequately, raising concerns about future financial security.
The nationwide figure of a 0.4% decrease in manufacturing employment hides considerable variation across US states. The FRED map shows state-specific numbers for manufacturing employment as of May 2026, with some states growing and others declining.
Two teenage hackers, part of the "Scattered Spider" collective, were jailed for a 2024 cyber-attack on Transport for London (TfL). They gained "keys to the kingdom" access, causing £39m in damages, stealing commuter data, and disrupting services, underscoring cybercrime's severe economic and societal impact.
The $14.8bn acquisition of Delivery Hero by Uber will significantly expand Uber's global footprint in food delivery and mobility services, particularly across Asia, Latin America, and the Middle East. The deal is structured to avoid antitrust concerns by excluding markets where Uber already dominates, reflecting the industry's post-pandemic drive for consolidation to manage high opera…
Updated as new stories ingest
Oil prices have surged after the US launched strikes against Iran and revoked sanctions waivers, reversing a recent decline to pre-war levels and threatening global energy market stability.
Technical issues with the EU's entry-exit system have caused massive congestion on Dover's roads, with concerns of traffic chaos as the port of Dover faces its biggest test yet of new EU border controls.
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