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Latest news from trusted sources around the world

Economy Bloomberg
Bloomberg Money 6/12/2026

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Chanos & Company President & Founder Jim Chanos …

Economy Financial Times
US-Iran peace deal text agreed, says Pakistan’s PM

Senior American official says both sides expect to sign agreement in coming days

Economy Financial Times
Football will eclipse politics at this World Cup

Goals, talent and diversity are set to drown out controversy off the pitch

Economy Financial Times
The strategic dilemmas behind Britain’s defence spending mess

At the heart of the debate is not just how much the UK should spend on the military, but what types of threat it faces …

Economy Financial Times
SpaceX’s IPO is a display of Musk’s dominance

His unrivalled grip on the public imagination has transmuted into Wall Street gold

Economy Financial Times
Warsh and learn

We will understand more about new Fed chair Kevin Warsh when he oversees his inaugural rate meeting on Wednesday

Economy Financial Times
Artist David Hockney dies aged 88

Celebrated painter was known for works including the ‘Swimming Pool’ series

Rival Space Stocks Tumble as Investors Race Toward Musk’s IPO
Economy Bloomberg
Rival Space Stocks Tumble as Investors Race Toward Musk’s IPO

SpaceX’s long-awaited initial public offering triggered a selloff across rocket, satellite and space-linked companies Friday.

Economy Financial Times
EU to extend carbon border levy on metal products to prevent evasion

List expanded to almost 400 imported items with significant amount of steel or aluminium

Economy Financial Times
Sooner or later, America is going to have to reckon with the …

There is a bigger political constituency for fiscal consolidation than many think

Economy Financial Times
The Palantir controversy is a block on NHS progress

Better patient outcomes are at risk in the backlash against American tech

Economy Financial Times
Oil touches three-month low after Trump says US close to Iran deal

Stocks and government bonds make gains on hopes energy shock will ease

Economy Financial Times
SpaceX is cheap on a price-to-cosmos ratio

Terrestrial valuations don’t apply when it comes to Elon

Ken Leech Pleads Guilty to Obstructing SEC Probe Into Trades
Economy Bloomberg
Ken Leech Pleads Guilty to Obstructing SEC Probe Into Trades

Ken Leech, the former co-chief investment officer at Western Asset Management Co., pleaded guilty to lying to regulators during an investigation into his trading as …

From London to Sydney, Traders Ready to Watch SpaceX’s Debut
Economy Bloomberg
From London to Sydney, Traders Ready to Watch SpaceX’s Debut

Investors and retail traders from across the US and around the world were glued to their screens on Friday as Elon Musk’s SpaceX started trading …

Credit Traders Unwind a $20 Billion Wartime Short in Europe
Economy Bloomberg
Credit Traders Unwind a $20 Billion Wartime Short in Europe

Credit investors have given up their wartime hedges on European companies.

Korea Pension Fund’s Pivot Amplified Stock Swings, Barclays Says
Economy Bloomberg
Korea Pension Fund’s Pivot Amplified Stock Swings, Barclays Says

A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s stock market and added pressure on the …

Sleep Number Files for Bankruptcy Sale to Sleep Country Canada
Economy Bloomberg
Sleep Number Files for Bankruptcy Sale to Sleep Country Canada

Mattress maker Sleep Number Corp. has agreed to merge with Sleep Country Canada through a court-supervised process after years of weak demand and mounting financial …

Economy Financial Times
Whither SpaceX? Who knows

¯\_(ツ)_/¯

Economy Financial Times
ECB stands ready to raise rates again, says Bundesbank boss

Joachim Nagel signals rate-setters will keep ‘all our options open’

SpaceX Jumps in First Trades Following Record $75 Billion IPO
Economy Bloomberg
SpaceX Jumps in First Trades Following Record $75 Billion IPO

Shares of SpaceX jumped in their first day of trading on Friday after Elon Musk’s company made history with a $75 billion IPO that instantly …

Economy Financial Times
Flutter to quit London in another blow to UK market

Sports betting company cites high costs and low trading levels in its decision

Economy Financial Times
‘The world still comes to London’ – Hermès goes big on its …

Sixth-generation heirs Axel and Pierre-Alexis Dumas on luxury retail, brand mythology and building a ‘family home’

ECB Ready to Hike Again in July If Necessary, Nagel Says
Economy Bloomberg
ECB Ready to Hike Again in July If Necessary, Nagel Says

The European Central Bank is prepared to raise interest rates for a second straight meeting next month if the shock from the war in the …

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