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Published dates (RSS): 14 Aug – 11 May

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Business & Finance

Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.

Β· 1 MIN READ Β· Bloomberg Markets
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AI-powered hacking has exploded into industrial-scale threat, Google says

Criminal groups and state-linked actors appear to be using commercial models to refine and scale up attacks Business live – latest updates In just three months, AI-powered hacking has gone from a nascent problem to an industrial-scale threat, according to a report from Google. The findings from Google’s threat intelligence group add to an intensifying, global discussion about how the newest AI…

Β· 1 MIN READ Β· The Guardian Business (UK)
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UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation Business live – latest updates UK politics live – latest updates The cost of government borrowing has crept higher as Keir Starmer’s crucial speech failed to dispel investor “jitters” in the bond markets over political instability combined with fears of rising inflation. The yield, effectively the…

Β· 1 MIN READ Β· The Guardian Business (UK)
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US Stocks Advance on Earnings Momentum Ahead of CPI Reading

US equities notched modest gains Monday as strong earnings reports spurred bullish Wall Street strategists to raise their targets on the S&P 500 this year despite lingering concerns about the duration of the Iran war ahead of a key inflation reading.

Β· 1 MIN READ Β· Bloomberg Markets
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E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

Acquisition would result in combined company serving about 9.6 million households if given regulatory approval Business live – latest updates The German energy group E.ON has agreed to buy struggling UK rival Ovo in a deal that would create Britain’s biggest gas and electricity supplier by number of households served. The combined company will supply about 9.6 million customers, overtaking the…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Advocates decry Trump’s plan to open 24m acres of federal lands to cattle grazing

Opponents say administration’s plan prioritizes big agriculture at expense of wildlife and protected species New legal action aims to head off a Trump administration plan to open up to 24m acres of federal lands to cattle grazing, which opponents characterized as a gift to big agriculture and said could cause a spike in deaths among already imperiled wolves, grizzlies, steelhead salmon and other…

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