Interest rates expected to be held again by Bank of England
UK interest rates are expected to be held at 3.75% for a fifth time by Bank of England policymakers.
Regulation
Meta misses earnings forecasts after Zuckerberg media push to promote AI
Mark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday.
Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case
The post Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case appeared first on Coinpedia Fintech News
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US interest rates held for fifth time in a row
US interest rates have been held for the fifth time in a row by the Federal Reserve.
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 9 â 3 vote:
TfL brings case worth up to £1bn against carmakers over Ulez compliance
Transport for London is pursuing a potential £1bn legal action against car manufacturers over vehicles that it argues should not have been allowed to drive freely in the capital’s clean-air zone.
SEC Ready to Provide Crypto Rules if Clarity Act Flounders: Chair Atkins
The SEC will write crypto market rules itself if Congress fails to pass the Clarity Act, chairman Paul Atkins said. The agency is "ready, willing, and able to come out with rules" covering the same ground, he told CNBC …
What happens here has a big impact on your money
Las Vegas is in a tourism slump. Hotel occupancy and air travel are down, and many local hospitality employees are experiencing layoffs or cuts in their hours. What's driving this downturn, and can Sin City bounce back?
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Rogue OpenAI agent that hacked startup tried to attack other firms
OpenAI has revealed that a cyber-attack carried out by a rogue AI agent had more than one victim.
Lib Dem MP calls for investigation into Reform deputy leader’s £80,000 loan
Richard Tice has been referred to parliament’s standards watchdog over an undeclared loan of nearly £80,000 from Nigel Farage’s aide George Cottrell .
BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals
BMW is planning to cut as many as 8,000 jobs in Germany, according to reports, in the latest sign of Europe’s largest carmakers reducing costs under pressure from Chinese rivals.
Greggs sales jump as iced matcha lattes and chicken rolls become heatwave hits
Iced matcha lattes and a bigger range of salads and chicken rolls helped Greggs to boost its sales during the string of summer heatwaves, as the bakery chain continues to expand across the UK.
IPL’s value soars past $20bn to rival NFL as one of world sport’s biggest brands
The Indian Premier League’s value has surged to an estimated $20.6bn (£15.5bn), boosted by ownership deals involving two of its biggest franchises, according to a report by the investment bank Houlihan Lokey.
Hungary repeals crypto checks as first MiCA license is granted
Hungary removed mandatory third-party checks for crypto conversions as CoinCash received authorization to provide digital asset services under MiCA.
Concacaf joins criticism of Fifa plan to sell off World Cup stakes to private investors
Concacaf has joined Uefa in criticising Fifa’s plan to sell off stakes in the World Cup to private investors.
ECB wage tracker at 2.7% in Q1 2027, indicating stable negotiated wage pressures
The European Central Bank (ECB) wage tracker, which covers active collective bargaining agreements, indicates negotiated wage pressures with smoothed one-off payments of 2.3% in 2026 (based on a coverage of 44.3% of emp…
Heathrow passengers face higher fares as airport can recover early expansion plan costs
Heathrow passengers face decades of higher fares after the airport was given permission to recover early costs from developing its expansion plan.
Datacentre projects could face fees for grid access to ease connection queue, Ofgem says
Datacentre projects in Britain will be forced to put down significant upfront fees to secure an energy connection under proposals to ease an electricity grid logjam .
Adolescence or The Traitors? Netflix neck-and-neck with BBC as British viewers’ go-to
Netflix is neck-and-neck with the BBC as the default service Britons turn to when they switch on their TV, according to research.
UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts
Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran war keeps oil prices and inflation high.
EBay and ex-executives to pay $55.7m to couple sent cockroaches in harassment campaign
Bloggers David and Ina Steiner were stalked by eBay executives over their critical coverage of the company
Wall Street veteran Don Wilson says regulators are getting perps all wrong
Perpetual futures have become one of crypto's defining financial products, but DRW CEO Don Wilson says much of what people think they know about them is wrong.
Labour MP suing Elon Musk’s xAI says chatbot added own fake abusive content
A Labour MP who is taking legal action against Elon Musk’s xAI company over fake sexualised images created by Grok says the AI tool was instructed to operate with “no restrictions on adult sexual content or offensive co…
Fifa accused of ‘selling the soul of football’ over $20bn World Cup commercial rights sale plan
Fifa has announced plans to sell the commercial rights to its tournaments, including the World Cup, to private investors in a controversial move that triggered an immediate backlash from Uefa and leading European clubs .