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I run the UK's biggest bank, here are five ways to manage your money

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To play this video you need to enable JavaScript in your browser. This video can not be played Figure caption, Why the UK's biggest bank boss has a problem with influencers By Yasmin Rufo Business reporter Published 9 July 2026, 00:10 BST Charlie Nunn is CEO of Lloyds Banking Group - the UK's biggest bank providing one in four current accounts - meaning he has a deep insight into customers' spending, saving and borrowing. Here are his top tips on how to manage your money from saving to avoiding scams. 1. Automate your savings Nunn says the key to building up savings is to automate putting money aside. This means regular saving will stop being a decision or action you have to keep taking - and putting off. "If you're able to carve out a little bit and put it somewhere else where you won't have access to it and be able to spend it, I think that's the easiest way to start having a saving mindset," he says. That could mean setting up a standing order from...

China may struggle to fund Xi Jinping’s tech ambitions

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How much is AI hacking your emotions?

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Disinformation and deepfakes are known risks but biased LLMs could also be used to influence public opinion 🔥 EXCLUSIVE PARTNER OFFER 1PC Baofeng UV 5RMINI Wireless Frequency Reading Walkie Talkie AM Long Range Multi-Band Type-C Charger Ham Radio Special Price ⚡ Flash sale! Get the best deals on AliExpress today. Hurry, stocks are limited! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/806d4eb3-fe0b-496f-804a-b4a444e94896 © EcoNews DZ — Global Economic & Financial News

MSCI and UBS form partnership for private markets platform

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Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets

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U.S. investors are getting a new way to buy into the memory boom. SK Hynix , the second most valuable company in South Korea, behind only Samsung, is slated to begin trading on the Nasdaq on Friday. The market debut, coinciding with the company's hefty expansion plans for the U.S., comes after a more than sevenfold increase in its stock price over the past year, a rally that's lifted SK Hynix's market cap to about $1 trillion. Many Americans don't know the name SK Hynix, but they've likely had plenty of exposure to the company's products. Along with Micron and Samsung, SK Hynix is one of three primary makers of computer memory used in laptops and phones sold by companies such as Apple and Dell . Memory has long occupied a sleepy corner of the semiconductor market. That's changed dramatically over the last couple years as surging demand for artificial intelligence has upended the industry, creating severe shortages for the chips and sending prices to a...

Trump says Iran called to make a deal after U.S. strikes; adds it's unclear if war is back on

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U.S. President Donald Trump said Wednesday evening that he does not know whether Washington and Iran are returning to a full-fledged war, but told reporters that Iran "badly" wants to make a deal to cease escalating hostilities in the Middle East. Trump flew back to Washington, DC, via the U.K. on Wednesday. Speaking to reporters on board Air Force One as he departed the U.K.'s Mildenhall Air Force Base, the president said American forces had "just hit [Iran] very hard." "I say we hit them 20 to 1 every time they hit us, we're going to hit them 20, and we did it last night," he said. "They did a little something today, but it was really retribution for last night when they hit, we hit back much harder." When asked whether the U.S. and Iran are returning to full-scale military conflict, Trump responded: "I don't know," before adding that if the war resumed the U.S. would "win it very quickly." "We have many wa...

Why electric cars cost more to insure - and what's being done about it

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By Theo Leggett Business correspondent Published 9 July 2026, 00:09 BST It's hot and bright beneath the high intensity lights in a cavernous crash and safety testing laboratory, hidden away in a business park outside Newbury. A siren blares and a disembodied voice counts down: "Three, two, one." A small white car trundles into view, rolls across the floor, and bumps into a barrier set against the wall. As crash tests go, this one is hardly spectacular. There is no torn metal or flying glass. At just 6mph, it replicates the kind of annoying prang you might well get in a car park or at a traffic light. But raise the slightly bent bonnet to look underneath, and it's a different story. This is an electric vehicle (EV) a Dacia Spring and the hidden damage is significant. As senior test engineer Sean Hoad points out, the high-voltage charging port, mounted at the front of the car is badly broken, as are components it's attached to. "This is all one big unit, meani...

Why the world’s best-performing stock market this year fell into bear territory

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South Korea's stock benchmark, Kospi , has gone from being the world's hottest equity market to entering bear territory within a few weeks, highlighting how investors have soured on artificial intelligence plays and underscoring concentration risks. The Kospi fell more than 5% on Wednesday, which brought it 20% below its June 19 record high, according to LSEG data. It closed slightly higher on Thursday in choppy trading. "South Korea's recent drawdown has been driven by heightened AI skepticism on the part of global investors, coupled with extreme market concentration," said Manishi Raychaudhuri, CEO of Emmer Capital. The speed of the reversal brings to light a central feature of this year's rally: South Korea's outsized dependence on the AI trade. Chipmakers Samsung Electronics and SK Hynix accounted for more than half of the Kospi's weighting as of June, data provided by Emmer Capital showed. That extreme reliance has both lifted and sunk the index....

Fed meeting minutes to show 'family fight' over rates. The squabble could drag on for a while

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Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there. In fact, there have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down. Rather, the central bank's Federal Open Market Committee tends to move in rate cycles, where it adjusts policy multiple times over a period to meet whatever goal it seeks to accomplish. "A lot of people are talking about one rate increase. The committee does not generally do that. I mean, what's the point of that?" former St. Louis Fed President Jim Bullard told CNBC on Monday. "So, usually it means a tightening cycle, and I think markets are trying to sniff that out right now." Markets will get more clues Wednesday about the Fed's policy direction when the committee releases minutes from its June 16-...

Stocks making the biggest moves premarket: United Airlines, Micron, Chevron & more

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Stocks making the biggest moves premarket: UAL, MU, CVX Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Energy stocks Shares of energy companies were boosted as U.S. oil prices surged after President Donald Trump said the ceasefire with Iran is over. Diamondback Energy jumped more than 3%. APA Corporation and Occidental Petroleum were rising more than 2.5%. Chevron was up more than 2% in premarket trading, while Exxon Mobil rose 1.5%. Cruise lines, airlines Meanwhile, companies that are exposed heavily to fuel prices fell as oil rose. Carnival Corporation was off 3.5%, while Norwegian Cruise Line tumbled 3%. United Airlines also fell 3%, while Delta Air Lines declined nearly 2%. SpaceX The stock bucked the sell-off trend in premarket trading on Wednesday as it rose just under 0.5%, rebounding slightly from it's more than 6.5% decline on Tuesday. SpaceX at Tuesday...

Ukraine’s drone playbook is wreaking havoc in Russia — and upending where NATO wants to invest

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Ukraine's drone attacks have been dominating headlines about its war with Russia and upended NATO's investment thesis. Having boosted drone production and capabilities in four years of war, Ukraine has stepped up its attacks on Russian energy infrastructure and military assets, targeting high-profile oil refineries in major cities as part of a sustained push to cut off Russia's energy revenues . Defense experts and strategists have described its drone campaign as pivotal in helping to stall Russia's military momentum, while also warning that Kyiv's deep-strike successes have drastically raised the risk of escalation. Earlier this week, Ukraine marked what appeared to be one of the country's deepest attacks on Russian territory in the war so far. Plumes of black smoke were seen billowing from a key oil refinery in the city of Omsk on Tuesday, prompting Ukrainian President Volodymyr Zelenskyy to declare that the country's upgraded drone capabilities hav...

Europe’s economy is a mess. Its stock markets are a steal

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Rivian Learns the Power of the Hot Stock Force: Selling It

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Rivian Learns the Power of the Hot Stock Force: Selling It Thornton McEnery Tue, July 7, 2026 at 10:02 AM PDT 2 min read RIVN NVDA TSLA UBER Rivian Learns the Power of the Hot Stock Force: Selling It - Moby BREAKING NEWS Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Congratulations to Rivian, which on Tuesday experienced its first genuine public Tesla moment, and we don't mean full self-driving. The EV maker's shares plunged more than 10% in early trading after it announced a public offering of 75 million Class A shares, worth roughly $1.51 billion at Monday's close of $20.14. The timing was, let's say, seasoned. Rivian stock had climbed 19% last week, then tacked on another 8.1% Monday, at which point management looked at the rally, looked at the checkbook, and decided the shareholders wouldn't mind chipping in. This is a rite of passage. Rivian has p...

Three ways the LNG market could crack before winter

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Facing Potential Smartphone Weakness and Tough Competition, Qualcomm Stock’s Outlook Is Not Particularly Strong

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Facing Potential Smartphone Weakness and Tough Competition, Qualcomm Stock’s Outlook Is Not Particularly Strong Larry Ramer Tue, July 7, 2026 at 8:19 AM PDT 3 min read QCOM C A photo of a corporate Qualcomm sign by JHVEPhoto via Adobe Stock Qualcomm (QCOM) has multiple, potential, strong, positive catalysts due to its exposure to the fast-growing auto chip and Internet of Things (IoT) sectors. Still, since the firm is facing tough competition in these areas, its catalysts may not turn out to be as powerful as some expect. Meanwhile, high flash-memory prices could put a big dent in the company's revenue from smartphone sales in the shorter term. Since smartphone sales in the company's last completed fiscal year generated about 63% of its overall revenue, the shares' overall outlook in the short-to-medium term is quite uncertain. Indeed, Citi is cautious about the company's short-term outlook, as the bank recently placed "a downside Catalyst Watch" on the name ...

Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation

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Michael Burry of "The Big Short" fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment , anticipating regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks. Burry said Wednesday he purchased a full-sized position split roughly 60% in Flutter and 40% in DraftKings, buying Flutter at about $107 a share and DraftKings in the low-$26 range. He said he could eventually increase each holding into a full standalone position. DraftKings one year The investor, who rose to prominence for predicting the U.S. housing crash in 2008, said both companies are attractive businesses whose shares have been weighed down by the rapid expansion of prediction markets. Those platforms have increasingly offered event-based contracts, which the U.S. Commodity Futures Trading Commission asserts is under its jurisdiction. The federal agency is currently engaged in legal action against multiple...

Trump’s surprise Ukraine shift steadies nervous Nato allies

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A summit that threatened new acrimony among the allies ended with free guns and ‘love in the room’ 🔥 EXCLUSIVE PARTNER OFFER QCY Crossky C50 Open Ear Wireless Earbuds Bluetooth 6.0 Comfort Clip On Sports Earphone 4 Mic AI Clear Call Bass Boost Headphone Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/907c26d7-9c1e-4bac-8da0-28216445d860 © EcoNews DZ — Global Economic & Financial News

Trump to mark U.S. 250th anniversary with campaign-style rally on National Mall

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U.S. President Donald Trump marks the country's 250th anniversary on Saturday with a political rally on a fenced-off National Mall in Washington, capping a weeks-long celebration that has been widely criticized as divisive. Across the United States, Americans plan to celebrate the patriotic holiday with fireworks and parades. Philadelphia, where the Declaration of Independence from Britain was signed 250 years ago on July 4, 1776, will offer free cupcakes and a six-hour pop-music concert, while New York will feature tall ships from around the world. In the nation's capital, Trump will place himself at the center of the celebration. The president has billed his evening appearance at the city's iconic monuments as "the most spectacular TRUMP RALLY of them all," accompanied by military flyovers and a supersized fireworks display. Washington's annual July 4 celebration typically draws hundreds of thousands of people, who this year will have to contend with steppe...

Francis Fukuyama: The problem of equality

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Jim Cramer Says “For the First Time in Ages, I Like Having a Position in Moderna”

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Jim Cramer Says For the First Time in Ages, I Like Having a Position in Moderna Syeda Seirut Javed Sat, July 4, 2026 at 7:30 AM PDT 3 min read MRNA ^GSPC Moderna, Inc. (NASDAQ: MRNA ) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation . Cramer highlighted the stock's significant gains during the year, as he said: If you look at the market's best performers year to date, nearly all of them are either companies that sell hardware into the data center or companies that sell hardware to the hardware makers. But there's one solitary exception in the top 15: Moderna, the biotech company best known for its COVID vaccine. Right now, Moderna's the 12th best-performing stock in the S&P 500, up 146% year to date. Now, that is pretty impressive The truth is, after spending years lost in the post-COVID wilderness, this company's now got a lot going for it. I think the rally's for real. I think...