UK banks are closing more than 1,000 accounts every day – The Guardian
Banks are closing more than 1,000 accounts every working day, according to new data that has fuelled the growing row over so-called “debanking” and prompted...
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UK house prices record biggest annual drop since 2009 – The Financial Times
UK house prices have recorded the largest annual drop in 14 years as rising mortgage costs pile pressure on the property market, according to data...
Cryptocurrencies fall to open August, bitcoin dips under $29,000 – CNBC
The crypto market came under pressure as the new month kicked off, with investors weighing the risks of the latest DeFi hack and another federal...
Europe Returns to Timid Growth, but Bigger Headwinds Loom – WSJ
Rising borrowing costs and stagnating Chinese demand for European goods could pave the way for another miserable economic winter for the eurozone this year....
What if Germany stopped making cars? – The Economist
“The future of the VW brand is at stake.” When Thomas Schäfer, the mass-market marque’s newish boss, gave a presentation to his management team in...
Working from home is full of surprises – The Financial Times
At Amazon they walked off the job. At Starbucks and Walt Disney they launched petitions. At Google they demanded a rethink. This is how workers at...
Europe’s economy is growing again as inflation continues to fall – CNN
The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year. Gross domestic product across the...
Crypto Market Unnerved by DeFi Exchange Curve’s Sinking CRV Token – Bloomberg
A tumble in the native token of key decentralized cryptocurrency exchange Curve Finance sapped sentiment toward digital assets on concern that the episode could lead to wider...
Meta prepares chatbots with personas to try to retain users – The Financial Times
Facebook owner Meta is preparing to launch a range of artificial intelligence-powered chatbots that exhibit different personalities as soon as next month, in an attempt...
Why the Drivers of Lower Inflation Matter – WSJ
Competing effects of central banks, healing supply chains affect recession odds. Recent good news on inflation has ignited a debate over how much central banks’...