Thames Water’s junior bondholders have accused the troubled utility’s senior creditors of attaching “predatory” conditions to a £3bn emergency loan, which they claim is an attempt to “sidestep” ...

The benchmark 10-year yield was 0.07 percentage points higher at 4.68 per cent, its highest level since May last year, while the policy-sensitive two-year Treasury yield was up 0.03 percentage points ...

The quits rate, an indicator of confidence in the labour market’s strength, declined to 1.9 per cent.

Is the US stock market too high? It’s extremely rare for the S&P 500 to return 20 per cent or more for two years in a row. It happened in the past two years, with the S&P 500 up 24.2 per cent in 2023 ...

The Canadian dollar, known as the loonie after the bird that graces it, got its wings clipped in 2024. Growing domestic political turmoil — Justin Trudeau announced on Monday that he would step down ...

Shares in vaccine developers jumped on Tuesday after the US reported its first human death from the H5 strain of bird flu. Moderna’s stock rose 6 per cent, Novavax gained more than 12 per cent and ...

Starting in the US, Meta will move to a so-called “community notes” model, similar to the one employed by Elon Musk’s X, which allows users to add context to controversial or misleading posts. Meta ...

Lord Ben Houchen’s Teesworks regeneration project should be investigated by the National Audit Office for not meeting public value-for-money standards, according to an internal Whitehall ...

Also in today’s newsletter, Trump bestie Dana White joins Meta’s board and private equity welcomes the new administration ...

Lumon employees grapple with newfound information about their alter egos in Apple TV+’s striking, superlative series ...

Italian premier accused of currying favour with world’s richest man at expense of European satellite initiative ...

Quantitative tightening is still under way, but the question of what central bank balance sheets should look like in the long run is now live — and, for the first time in recent history, each ...