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Stock market gains minted nearly 1 million new millionaires in 2025, new UBS report says
Global personal wealth surged by 10.8% in 2025, the biggest jump since 2017, according to UBS.…
High-end camping and a capital raise: AutoCamp is banking on summer travel to fuel growth
AutoCamp offers Airstream suites, polished cabins, fire pits, design-forward amenities and access to iconic outdoor destinations.…
Premier Lacrosse League plans to bring in team owners by 2028 'or soon thereafter,' co-founder says
Paul Rabil told CNBC he's banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on PLL.…
US Job Market Makes Slower but Steady Gains, June Employment Data Shows
Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy.…
Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen
Ford reports it assembled over 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.…
Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter
Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.…
Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.…
Americans are paying record prices for steak. Here's why demand isn't cracking
Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.…
Latest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure
The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.…
How to bag a bargain flight
Finance expert Laura Pomfret shares her top tips for finding cheaper flights, from spotting rare error fares to knowing the best time to book. Plus, why airline bundles aren't always the bargain they …
FCA ordered to partly suspend car finance compensation scheme
Court orders financial watchdog to halt parts of £9.1bn scheme until challenges are heard, delaying payoutsBusiness live – latest updatesThe UK’s financial watchdog has been forced to partly suspend i…
Why the expected fight over the North American trade deal never kicked off
The US has confirmed it will not extend the agreement for another 16 years, but stopped short of more dramatic action.…
World Cup boom falters as US hospitality jobs fall in June
There had been early signs of a jobs boom from the tournament, but hospitality jobs declined in June.…
Jeff Bezos' family office backed five AI startups in June
Bezos Expeditions is now the most active family office investor thus far this year, per data from Fintrx.…
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the monthSign up for the Breaking News US newsletter emailUS job growth slowed in June as employers added 57,0…
Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
Councils and schools urged to do more as figures show there is no information on whereabouts of 32,100 ‘Neets’Business live – latest updatesThe government has urged councils and schools in England to …
Car finance compensation payments delayed until next year
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.…
Why the Jobs Market Has Wall Street and Washington on Edge
A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday.…
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit systemBusiness live – latest updatesRyanair has warned of “queue chaos” this summer at EU airport…
All the whey up! How a dairy byproduct became the star of the ‘proteinmaxxing’ boom
As GLP-1s drive the current protein craze, a supplement once only taken by powerlifters is now so popular US producers are struggling to keep upFor generations, the Meives family made cheese. Tony Mei…
Fans in short supply as next UK heatwave approaches, says Currys
Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stockBusiness live – latest updatesThe boss of Currys has said supplies of air conditioning and …
Why Gen Z are taking mini-retirements
Many young people are choosing to spend money they would otherwise put into a pension, on trips now.…
Google must pay €4.1bn fine for using Android to 'block' rivals
A Google spokesperson said the judgement "fails to recognise" the firm's "significant investment to ensure Android remains open."…
Billionaire to invest £35bn in small modular nuclear reactors roll out across UK
Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 yearsA consortium led by the billionaire industrialist Michał Sołowow has announced plans to buil…
Jaguar’s Electric Future: Curves Are Out, and Blunt Is In
The storied British automaker is going all-electric, and this fall it will unveil its new flagship, with deliveries coming next year. The strategy is distinctive but risky and has drawn some prominent…
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’Battle lines are being drawn between City bosses and trade unions over a possibl…
U.S. job market slows in June
Employers added 57,000 jobs in June, the Labor Department said on Friday, as jobs growth slowed from the previous two months, while the unemployment rate ticked down to 4.2%.…
OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report saysBusiness live – latest updatesOpenAI is reportedly in early stage talks to give a 5% st…
Why is Nigel Farage being paid so much to promote a gold bullion company?
Reform UK leader was paid £270,000 for 12 hours’ work – but who is behind Direct Bullion and what does it do?Tell us: have you invested in gold through a specialist bullion company?Despite the demands…
