Der Spiegel·
Wiesnwirte exceed inflation
The annually recurring discussion about high beer prices at Munich’s Oktoberfest is quite desolate to fence guests. But the visitors to Wiesn have a point.
Pentagon official overseeing military AI sold millions worth of stock in AI firm
The Guardian World•
Exclusive: financial disclosures from Emil Michael – who also reaped millions from xAI stock earlier this year – show he sold his Perplexity stock for up to $25m The top Pentagon official overseeing…
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NPR News·
The 500 colleges where former students aren't repaying their loans, and why
Federal data shows many borrowers who aren't paying their loans went to private, for-profit colleges — schools that often market to low-income students and rely on federal financial aid for revenue.
NPR News·
The Fed is expected to raise interest rates for the first time in 3 years
The Fed is widely expected to raise its benchmark interest rate to combat stubborn inflation. That could make it more expensive to borrow money to buy a car or carry a balance on a credit card.
BBC Business·
Petrol and diesel price rises push UK inflation higher
Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.
BBC Business·
Traffic, tourism and economy among election concerns
Residents and business owners in Onchan discuss key concerns ahead of the House of Keys election.
The Guardian World·
Slave-trade wealth was embedded in Britain’s financial system, research finds
Dozens of Bank of England directors and founding subscribers invested in trafficking of enslaved Africans The Bank of England and the British financial system were for centuries deeply involved in…