
Bank of England Rejects Coal Bonds
Bank of England coal-bond rules exclude thermal-mining issuers from collateral and add transition-risk haircuts from October 31.

Financial Markets Reporter
Tom Bennett covers cryptocurrency, stocks, and macroeconomic trends. With a background in economics, he delivers sharp analysis on the stories moving markets.

Bank of England coal-bond rules exclude thermal-mining issuers from collateral and add transition-risk haircuts from October 31.

The ICO is assessing complaints tied to James Watt's contacts with former BrewDog shareholders during his attempted buyback.

Netflix grew Q2 revenue 13% but will publish its title-level viewing report only once a year beginning in 2027.

Harold Hamm’s energy-dominance argument reduced US import risk, but Hormuz still exposes American consumers to global oil prices.

British Steel is now publicly owned, but compensation, taxpayer exposure and its low-carbon investment plan remain unresolved.

United will block middle seats in one A321XLR Economy Plus row, using custom tables to create a new comfort option.

Subaru recalled 541,237 vehicles over incorrect rear-axle weight labels, with corrected stickers expected for owners in January 2027.

Large UK pension schemes will publish value ratings from 2028, with all workplace schemes following in 2029.

JPMorgan earned $21.2 billion, but $5.6 billion came from significant gains as equity trading and banking also strengthened.

US CPI fell 0.4% in June as energy prices dropped, while core inflation stayed flat and food costs increased.

IBM stock fell after preliminary results showed weak transaction software, lower margins and late-quarter client budget shifts.

Hyundai and Kia recalled 14 IONIQ 5, EV6 and EV9 vehicles over battery-cell defects, with park-outside and 80% charging instructions.

Cash App’s $45 million multistate settlement requires fraud and support reforms, but it does not create an automatic payment for every user.

A single online ticket won New Jersey’s estimated $7.7 million Pick-6 jackpot, starting a verification, tax and payout process.

Oracle stock hit a new low as investors weighed its $638 billion backlog against debt, negative cash flow and fresh equity financing.

Brookfield won approval to finance GoldenPeaks Poland and set the opening bid in its fast-moving bankruptcy sale.

Papa Murphy’s will close up to 50 corporate stores as parent MTY cuts locations that contributed to heavy losses.

Vanguard’s Russell 2000 ETF has outpaced the S&P 500 in 2026 as investors move beyond mega-cap technology stocks.

Cathie Wood’s ARK bought about $17.8 million of SpaceX and $13.8 million of Coinbase while selling AMD, Roku and Deere.

JetBlue ended Manchester service after 17 months, moving aircraft toward Fort Lauderdale despite rising traffic at the New Hampshire airport.

Etihad is reportedly nearing a Boeing 787 order, signaling a deeper long-haul fleet push if the deal closes.

Jackdaw’s owner says the North Sea gas field is ready for winter supply, but approval still depends on a revised climate review.

AscendEX has shut down operations and paused automated withdrawals, warning users it cannot assure timing or amounts.

Forever stamp prices rise to 82 cents on July 12 as USPS updates mailing rates for letters and postcards.

Social Security July checks start the Wednesday payment cycle on July 8. Here is who gets paid and what retirees should check.

Xbox is cutting 3,200 jobs and divesting five studios acquired in 2018, undoing its own high-profile gaming expansion.

Trump Accounts, tax-advantaged investment accounts for American children, began trading as Trump rang a historic joint NYSE-Nasdaq opening bell.

US hiring fell to 57,000 jobs in June as consumer confidence stayed near post-pandemic lows, with most indicators still tracing back to the Iran war.

SEC data shows US IPO proceeds rose 86% in Q1 2026, a shift crypto firms are watching as they weigh public listings.

A House Republican's family investment in xAI became SpaceX stock after the record IPO, reviving scrutiny of congressional trading rules.

Trump's 2025 financial disclosure reveals over $1 billion in crypto income, led by meme coin royalties and World Liberty Financial sales.

Andy Burnham’s Manchesterism sets out a devolution-first vision, but funding questions remain.

HMRC warns Self Assessment taxpayers to prepare before the 31 July Payments on Account deadline.

Bitcoin ETFs logged another week of heavy outflows as BTC dropped to levels last seen in 2024, extending a streak now running seven weeks.

Elon Musk would owe $28B a year under Warren's wealth tax — or nothing under Wyden's bill if his stock falls. Here's what the numbers actually mean.

Ethereum fell to a 14-month low and was briefly overtaken by USDT in market cap, as traders on social media speculate about a drop toward $1,000.

281 billion SHIB left exchanges in 24 hours — but with 80 trillion still on platforms, the outflow barely moves the supply needle despite the bullish signal.

Metaplanet agreed to buy Siiibo Securities for JPY 2.1 billion as mNAV fell below 1x — pivoting from BTC accumulation to regulated securities distribution.

Kalshi's US crypto perps are now live across Bitcoin, Ethereum, Solana and XRP — but Bitcoin is the only contract with sufficient liquidity for most traders.

Bitcoin slid toward $58,000 as nearly $700M in ETF outflows extended a six-day streak — adding to a $1B liquidation wave and a $10B Deribit options expiry.

A federal judge ruled Workday must face AI hiring bias claims on age, race and disability — and California law applies wherever its tools are deployed.

New research shows nearly a quarter of Gen Z are skipping retirement savings, expecting an inheritance that many parents now plan to spend themselves.

Nine Fed officials now project a 2026 rate hike. Treasury yields jumped after Warsh's hawkish first FOMC meeting.

Penn Wharton's new model puts Social Security's combined trust fund depletion in February 2035 — later than the official June 9 trustees report.

AMC Entertainment completes $150M equity raise as CEO Adam Aron says investor confidence in box office recovery is beating dilution fears.

SpaceX surpassed Amazon after its post-IPO rally continued, becoming the world's fifth most valuable public company.

Jardine Matheson announces a $500 million share buyback as the Hong Kong conglomerate accelerates its shift toward an investor-focused model.

SpaceX retail IPO buyers at major US brokers received at least one share as the record offering tested public-market access.

Silver returned to market focus after Reuters placed spot prices at $70.09, while India import curbs and supply deficits tightened the outlook.

Copper tariff deadline puts traders on alert as Section 232 changes and a June 30 Commerce review reshape market risk.

Nvidia and semiconductor stocks are facing renewed pressure as investors reassess AI spending, valuations and data center demand in 2026.

Erie Insurance stock jumps as ERIE outperforms peers while investors weigh earnings recovery and cyber outage fallout.

Alaska Airlines faces fuel shock pressure as fares, demand and Hawaiian integration test its 2026 growth plan.

GSK’s $10.6 billion Nuvalent acquisition is intensifying competition across the cancer drug industry and biotech markets.

Stock market volatility is rising again as investors react to oil risks, inflation concerns and economic uncertainty in 2026.