ConnexionUS stocks slide as tech jitters return
Weak private sector jobs data adds to nerves over elevated valuations for AI-linked companies
Vue lecture
UBS to liquidate funds with substantial First Brands exposure
Swiss bank grapples with $500mn of exposure to First Brands across its investment arms
Force AI firms to buy nuclear-style insurance, says Turing winner
Turing Prize winner urges governments to require tech groups to cover catastrophic outcomes and fund safety research
Bank of England keeps rates on hold at 4% in knife-edge decision
Central bank signals possible cut as soon as next month
Nancy Pelosi to retire from politics
US Democratic party titan will stand down after nearly 40 years
It’s no surprise mistakes were made — prisons are in chaos
Erroneous releases are bound to occur with sentencing guidelines in flux and guards overworked and undertrained
Tesla shareholders to vote on Musk’s $1tn pay deal
World’s richest man has warned he will quit if investors fail to back the largest pay package in history
AI pioneers claim human-level general intelligence is already here
Tech leaders say systems now rival human intelligence in key tasks, further fuelling the superintelligence debate
The inescapable logic of Labour’s choices
Starmer and Reeves should lean in to what the Budget reveals about this tax-and-spend government
Brussels opens probe into Deutsche Börse and Nasdaq over derivatives
Commission concerned about possible collusion in listing, trading and clearing of financial instruments
BoE keeps rates on hold at 4% in knife-edge decision
Bank signals possible cut as soon as next month
The US can’t force Asian countries into its trade camp
Trump’s deals with Malaysia and Cambodia will not turn them into economic satellites in a cold war of commerce
Accounting firm BDO and two former partners fined £6mn for misconduct
UK regulator finds failings allowed a senior manager’s dishonest action to go undetected for several years
JPMorgan hit with record fine from German finance watchdog
BaFin imposes its highest ever penalty of €45mn on European arm of Wall Street bank
Why Rachel Reeves won’t raise income tax
An unpopular government cannot afford to be branded dishonest by the public
Milei defies calls to float Argentine peso freely
Libertarian president vows to double down on transformation of country’s economy
Think-tank linked to Reform UK says Britain is heading for debt crisis
Former Tory minister John Redwood and City executive Mark Dowding contribute to CFABB report
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance
Are bubbles good, actually?
On Jeff Bezos’s defence of AI mania
KPMG axes ‘busy season’ overtime pay for junior auditors
Big Four firm says move reflects better management of workloads
Leverage creeps into gilts market as insurers seek to boost returns
Use of derivatives to enhance bets on UK government bonds raises parallels with strategies that fuelled 2022 meltdown
Reeves poised to unveil Budget plan for EV drivers to pay per mile charges
Chancellor looks to offset forecast sharp drop in government revenue from fuel duty
Snap shares jump after $400mn deal with AI start-up Perplexity
Social media group will integrate the artificial intelligence search engine within its app
Putin signals Russia may start nuclear weapons tests in response to Trump
Russian president asks officials to draft proposals amid fears of a new atomic arms race
