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Published dates (RSS): 14 Aug – 26 Jun

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Business & Finance

Record profits, terrible service: something’s got to give for US consumers

Experts say consolidation and market power have left consumers paying more for less How do people in the US describe customer service in 2026? When Delta Airlines charged Marie Duggan, an economic historian visiting Oaxaca, Mexico, $1,200 to change a scheduled flight to the United States, she was so angry she cancelled and booked a cross-border night-time bus ride instead. Duggan thought Delta’s…

Β· 1 MIN READ Β· The Guardian Business (US)
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‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies

The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in power A “centaur”, in automation theory, is a person assisted by a machine, and a “reverse centaur”, hero of Cory Doctorow’s new book, The Reverse Centaur’s Guide to Life After AI , is a “human who is conscripted into acting as an assistant to a…

Β· 2 MIN READ Β· The Guardian Business (UK)
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‘A real difference’: how community hubs help local people fight rising living costs

More locations are offering debt advice, health services, cafes, social activities and support under one roof Shortly before lunchtime in a London community centre, older visitors are chatting over coffee and crosswords as young families drift in and out. Kitchen volunteers from the Real Junk Food Project are preparing lunch at a “pay as you feel” cafe, using food that would otherwise have ended…

Β· 1 MIN READ Β· The Guardian Business (UK)
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‘A total, utter nightmare’: small businesses on Brexit, 10 years on

Cheesemakers, farmers, exporters and wine merchants say red tape, lack of vision and rising costs mean they have stopped trading, sold up or retired early Out of pocket, out of business, retired early. These are the tales of the “sunlit uplands” experienced by small-to-medium-sized businesses across Britain after Brexit. Between 16,000 to 20,000 businesses stopped exporting to the EU altogether,…

Β· 1 MIN READ Β· The Guardian Business (UK)
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HMRC announces 22% tax on cash interest held in stocks and shares Isas

Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on interest on cash savings held in a stocks and shares wrapper. Savers and investors can currently deposit up to £20,000 a year in Isas, which offer the chance…

Β· 1 MIN READ Β· The Guardian Business (UK)
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US AI stock sell-off shakes markets from Wall Street to Asia

Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index closed 2.2% lower on Tuesday. The S&P 500 was also down…

Β· 1 MIN READ Β· The Guardian Business (US)
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Will California’s billionaire tax proposal make it to ballots?

Despite more than double the needed number of signatures to qualify for ballot, there’s uncertainty it’ll make it to voters Hi and welcome to TechScape. Nick Robins-Early and Dara Kerr here, filling in for your usual host Blake Montgomery who is out on vacation. We’ll be talking about the fight over a proposed billionaire tax in California, the UK’s social media ban and SpaceX making a big buy in…

Β· 1 MIN READ Β· The Guardian Business (US)
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RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich

The former Federal Reserve chair was a smart guy – but he had a huge blind spot. Here’s what I wish I’d said to him Alan Greenspan has died at the age of 100. My students don’t recognize his name, but you probably do. When he was chair of the Federal Reserve – for more than 18 years, from 11 August 1987 to 31 January 2006 – he not only ran the US (and most of the world’s) economy but was also in…

Β· 1 MIN READ Β· The Guardian Business (US)
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