CNBC
21 hours ago
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Berkshire trails red-hot S&P 500 by biggest margin so far this year
Berkshire's widely held B shares are now running 16.3 percentage points behind the benchmark index year-to-date, the biggest gap so far in 2026.
CNBC
21 hours ago
Palace was given emails about Andrew’s trade envoy activities six years ago, report says
Emails appearing to show Mountbatten-Windsor shared confidential information were handed to Buckingham Palace in 2020, says BBCEmails handed to Buckingham Palace six years ago appear to show that Andrew Mountbatten-Windsor shared confidential information while he was a government trade envoy, it has been reported.The BBC said on Saturday that an archive of more than 30,000 emails was handed to the lord chamberlain, the most senior officer in the royal household, in 2020. Continue reading...
The Guardian
22 hours ago
Why $1bn in Balkans energy contracts are going to an obscure company connected to Donald Trump
Guardian investigation shows how US presidency blurs line between policy and enrichment of American ruling family and those around itOn a graffitied Sarajevo backstreet, a path leads past an overgrown patch of garden to a white door. Beyond is the registered office of a company that is on the brink of winning contracts worth more than $1bn.AAFS Infrastructure and Energy is close to securing a concession to build and operate a pipeline across the Balkans to allow fossil gas shipped from the US to replace supplies that come from Russia. “This could be the most important infrastructure project ever in Bosnia and Herzegovina,” says one of the country’s top officials, who, like others, asks to remain anonymous to discuss sensitive negotiations. Continue reading...
The Guardian
22 hours ago
US garbage incinerators are failing to eliminate ‘forever chemical’ air pollution, experts warn
The virtually indestructible Pfas waste puts largely low-income neighborhoods at risk, public health advocates sayThe nation’s garbage incinerators are largely failing to eliminate Pfas “forever chemicals” air pollution, and are putting people in largely low-income neighborhoods at risk, public health advocates and independent experts warn.The powerful waste management industry is increasingly pushing incinerators as a solution to virtually indestructible Pfas waste, and a new industry trade group report alleges Minnesota’s incinerators are reducing their forever chemical emissions by 99.6%. Other incinerator operators have made similar reduction claims. Continue reading...
The Guardian
22 hours ago
Analysis: An end to the Iran war may be just the beginning of a new era of U.S. inequality
Stocks have boomed while consumers have paid the costs of high energy prices.
CNBC
22 hours ago
Meta has struggled at selling anything other than ads. Will AI be different?
Meta is making a major push to expand its business beyond online advertising, but past efforts show that success is far from guaranteed.
CNBC
22 hours ago
Will Gen Z be the generation to revive moviegoing?
Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters.
CNBC
22 hours ago
Inflation won Trump the presidency, but could cost him the midterms
Trump’s pursuit of policies that drive up prices, including tariffs and war, might be punished in November’s electionsFor such an uncannily successful politician, Donald Trump exhibits a perplexing political myopia. His most recent own-goal was endorsing Ken Paxton, a state attorney general, against four-term senator John Cornyn in the Republican primary for Senate in Texas. Trump’s endorsement helped push the ethically compromised Maga firebrand over the top, to run against popular Democrat James Talarico in November, complicating the Republicans’ chances to keep the seat.But what truly screams “I want us to lose the midterms” is what Trump is doing about inflation, which is becoming his most vulnerable issue. According to a New York Times/Siena poll of registered voters earlier in May, Trump’s approval on handling the cost of living is underwater by 42 percentage points, poorer than his rating on handling the economy (minus 31 points) and the unpopular war in Iran (minus 34 points). Continue reading...
The Guardian
23 hours ago
‘Maybe it’s because we love the sesh’: how Wales is bucking Britain’s pub-closing trend
At least six new pubs and taphouses have opened in recent months, including the Pig & Swill in Cardiff On a hot Thursday evening in Canton, a buzzy Cardiff neighbourhood, a steady stream of people in sunglasses, shorts and dresses went back and forth between bar and garden at the city’s newest pub, the Pig & Swill.Next door, in Victoria Park, the splash pad was still heaving with families making the most of the tail-end of the May heatwave. Many parents and carers stopped by for takeaway pints and small plates. Continue reading...
The Guardian
23 hours ago
Americans echo Pope Leo’s concerns about AI: ‘It threatens workers, privacy and human life’
Guardian readers in the US spoke of fears about unregulated AI in response to the pope’s encyclical warning about the risks of the technologyIn his first major papal text since assuming leadership of the Catholic church last year, Pope Leo issued a stark warning about the rise of artificial intelligence this week, denouncing the “culture of power” driving the AI age.Calling for the “most rigorous” ethical constraints on AI – which he described as one of the greatest threats facing humanity today – the first US-born pope also warned of “new forms of slavery” emerging through the digital economy. Continue reading...
The Guardian
23 hours ago
Hegseth praises Asian allies for 'burden-sharing,' calls out China's role in the region
Hegseth said that China cannot impose its hegemony on U.S. partners and allies in the region.
CNBC
23 hours ago
Looming Iran peace deal shows how Trump’s maximalist goals have shrunk
Sobering reality for president after three-month odyssey that threatens to take him back to where he startedAfter the hubristic beginnings came the reality.The road travelled since the most momentous foreign policy decision of his presidency seems to have delivered Donald Trump to a sobering destination: that Iran has been the nemesis of several US presidents before him for a reason and is an adversary not to be taken lightly. Continue reading...
The Guardian
1 day ago
Trump’s ‘art of the deal’ is nowhere to be seen with Iran | Mohamad Bazzi
The self-proclaimed master dealmaker can’t seem to stop sabotaging his own negotiationsFor weeks, Donald Trump has tried to find a way to end the war he started with Iran – a deal that would allow him to declare victory and move past the conflict before it causes severe damage to the global economy and sinks Republican chances in the US midterm elections. But the self-proclaimed master dealmaker can’t seem to stop sabotaging his own negotiations or to acknowledge that Iran is now in a better position to demand concessions than it was before the war.Over the Memorial Day holiday, Trump skipped his eldest son’s wedding in the Bahamas and canceled plans to spend the weekend at his New Jersey golf club. The last-minute changes heightened speculation that Trump was ready to unveil a deal to end the war. Trump then announced that he would hold a cabinet meeting on Wednesday at Camp David, the presidential compound in Maryland that has been the site of historic diplomatic summits and pronouncements. But that meeting was moved back to the White House, as it became clear that Trump had not been able to close a deal he could announce with great fanfare at Camp David. Continue reading...
The Guardian
1 day ago
Trump ends Iran meeting without announcing ‘final determination’ on deal
Trump's Truth Social statement left unclear which of his conditions are already part of a deal that negotiators are working on to pause the U.S.-Iran war.
CNBC
1 day ago
‘That’s why we work in finance – so one day we can afford air-con’: Britain’s unequal heatwave
While some found this week’s heat a breeze, many in poorer areas face health risks in furnace-like homesTravelling from his air-conditioned flat to the air-conditioned Elizabeth line to his air-conditioned office, 27-year-old banker Aykhan found this week’s heatwave a breeze.Smiling while grabbing lunch in the shopping centre under the gleaming One Canada Square skyscraper in Canary Wharf, he said he’d been sleeping very well over the last few days. “It’s a new flat, the air-con is great, my bedroom is cool.” Continue reading...
The Guardian
1 day ago
Arrive three hours before flight home, airline boss tells UK holidaymakers
Wizz Air CEO Yvonne Moynihan also advises passengers to carry portable chargers and water due to lengthy queues.
Bbc.com
1 day ago
U.S. support for Taiwan reaffirmed by members of Congress even after Trump called arms sales a 'negotiating chip' with China
President Donald Trump has referred to $14 billion in arms sales to the island, which has been approved by Congress, as a "negotiating chip" with China.
CNBC
1 day ago
On-street EV charging in UK is postcode lottery as drivers face council objections
Despite government pledges, more than 20 authorities will not allow gullies, citing safety, legal and parking concernsThe energy secretary, Ed Miliband, has said charger gullies to connect electric cars parked on streets will help cut costs for drivers, yet millions of UK households may be unable to use the simple technology because their local councils will still not allow charging cables to cross the pavement.Despite government promises to “slash red tape” and make it easier to put in gullies, more than 20 local authorities appear to be holding out against them. Continue reading...
The Guardian
1 day ago
Resident group’s objections to bar and restaurant licences ‘destroying Soho’s reputation’
Soho Society, funded by Westminster council, is ferociously opposing all new proposals, venue owners sayA society of residents funded by the council could “destroy Soho’s reputation on the international stage” as London’s entertainment district by ferociously objecting to all new bar and restaurant licences, operators in the area have said.The Soho Society, a group of residents established in 1972 aimed at “preserving the character of Soho”, voted in its AGM on Thursday for a new licensing mandate, meaning it will challenge all new applications for bars and restaurants in the area, including renewals of existing licences. It will also object to any venue that wishes to open beyond “core hours”, which Westminster council decrees end at 11pm. Continue reading...
The Guardian
1 day ago
Gluten-free basics ‘now a luxury’ as price of a small branded loaf nears £4
People with coeliac disease say inflation and shrinking ranges are making food staples unaffordableGluten-free versions of everyday staples such as bread and biscuits are becoming a luxury, with shoppers complaining that a “decent” small loaf now costs nearly £4.Consumers have always paid a premium for these specialist foods, making any price increases a source of concern, particularly for people who follow a gluten-free diet for medical reasons. Continue reading...
The Guardian
1 day ago
A broken economy and an emboldened regime: Iranians abandoned to endure fallout from war
Some Iranians hoped foreign intervention would unseat the regime but instead the US-Israel war has damaged livelihoods and strengthened those in powerAs Donald Trump swung this week between threats of new military action against Iran and predictions that a lasting ceasefire deal was imminent, many Iranians were left exhausted and gripped by uncertainty.Despite the partial lifting of an internet shutdown that began when the war started on 28 February, fears of worsening repression at home have also fuelled pessimism about the future among some of those to whom the Guardian spoke. Continue reading...
The Guardian
1 day ago
‘How can you have a Ferrari without any vroom?’: electric model shocks owners’ club
Suggestion the Luce EV should be stripped of prancing horse logo shows strength of feeling from Ferrari fansFor passionate enthusiasts, Ferraris are not merely cars but works of art. The emotion stirred by their classic red curves is, they say, akin to standing before a Michelangelo sculpture, while the sound of the engine revving evokes a sensation comparable to listening to the music of Giuseppe Verdi or Giacomo Puccini.Which is why the sight of the Italian carmaker’s first fully electric car, the Luce EV, unveiled this week, left many fans aghast. Continue reading...
The Guardian
1 day ago
How a borough in Merseyside is bucking the UK's youth unemployment trend
Could personalised early intervention help prevent under-16s falling into the Neet trap?
Bbc.com
1 day ago
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