Sir David Beckham nets £38.5m after World Cup ad deals
Sir David Beckham has netted a £38.5m payout from his sports, fashion, and media business after the 2026 Men's Football World Cup helped it bring in record profits.
Economy
US Treasury yields rise as 30-Year yield hits 22-year high
US Treasury yields turned mixed on Friday as the long-end of the curve, the 20s and 30s, posted gains while the short-end and the belly of the yield curve retreated to multi-year high levels. The US 10-year Treasury yie…
Man City found guilty of breaking financial rules
Manchester City have been found guilty of breaking the majority of the 115 financial rules they were accused of breaching.
Strong Durable Goods and AI Spending Keep the US Growth Story Running Hot
If you think you have a great business idea that needs to be shared with the world, you’re in good company. Data from the U.S. Census Bureau shows that over 5 million new business applications have been filed every year…
South Korean Won: Trade surplus seen widening – ING
ING’s Asia-Pacific research notes that South Korea’s upcoming data should show stronger industrial production and a widening trade surplus, even as export and import growth moderates. Technology and semiconductor export…
GBP/USD Nears Its June Low as Fed Tightening Outruns the BOE
The British pound (GBP/USD) settled at 1.3216 in New York trading on Thursday, September 24, down 0.17% from Wednesday's close of 1.3239, marking its lowest finish since late June. The pair traded between 1.3216 and 1.3…
Fed’s Hammack says policy still isn’t restrictive despite high inflation
Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday the two sides of the Fed's dual mandate are not in conflict. She said that “high inflation complicates economic planning,” and that she doesn’t see c…
Clubs seek legal advice over Man City charges compensation
Premier League clubs are seeking legal advice about compensation after Manchester City were found guilty of the vast majority of 115 breaches of financial rules it had been accused of by the Premier League.
Manchester City found guilty of breaking Premier League’s financial fair play rules
Manchester City have been found guilty of the vast majority of more than a hundred charges related to breaches of the Premier League’s financial rules, throwing English football into turmoil.
Federal Reserve Board announces approval of application by Peoples Bancorp Inc.
The Federal Reserve Board on Friday announced its approval of the application by Peoples Bancorp Inc., of Marietta, Ohio, to merge with Citizens National Corporation, and thereby indirectly acquire Citizens Bank of Kent…
Trump and Xi exchange warm words at state dinner but little progress on key issues
Despite diplomatic niceties and gifts, little was shared on substantial issues separating the leaders.
Brussels has called on EU countries to reduce their gas consumption due to rising prices
European Union leaders have called on member states to reduce gas consumption due to rising energy prices. This was reported by European Commissioner for Energy Dan Jørgensen in a letter to the heads of relevant ministr…
Putin Announced Plans to Develop a Strategy for the Development of Theaters, Museums, and Archives in Russia
President Vladimir Putin announced that Russia is developing strategies for the development of specific cultural sectors. Among them, he highlighted the archival, theater, and museum sectors.
British Pound finds relief as USD pauses, but inflation risks linger
The Pound Sterling (GBP) trims some of its weekly losses, gaining over 0.18% against the US Dollar (USD) on Friday as the Greenback takes a breather, even as US Treasury yields continue to rise. The jump in energy price…
Healey appoints Labour manifesto writer, adding to election speculation
Ravinder Athwal, the economist who wrote Labour’s 2024 manifesto, is taking on a senior role as an adviser to John Healey, in a move likely to fuel speculation about an early general election.
Euro: Correction seen near key averages against US Dollar – Societe Generale
Societe Generale’s Morning Briefing reports EUR/USD traded between 1.1359 and 1.1387 overnight and is on course for a second weekly drop. The defence of the 100‑week moving average at 1.1356 and oversold technicals sugg…
US Dollar: Yields support Greenback strength – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that resilient US data, sticky inflation and elevated energy prices are pushing US Treasury yields higher and supporting the US Dollar.
Burnham pledges extra £210m towards regenerating boarded-up high streets
The UK government has pledged £210m to regenerate high streets by taking boarded-up shops, pubs and clubs and turning them into shared workspaces, cafes and community hubs.
Asian FX: Higher yields and Oil weigh – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that Asian FX traded broadly softer as higher Oil prices and rising US Treasury yields hurt risk sentiment, with Indonesian Rupiah (IDR) underperforming and Phi…
Fed’s Hammack warns inflation mindset is the biggest risk
The Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday that “the biggest risk with inflation is the formation of an inflationary mindset”, in a panel discussion hosted by the Cleveland Fed, with Vujci…
Midterms in the US: Find out which stocks can withstand any outcome
With changes to taxes and interest rates, it's a good time to meet with a wealth advisor.
FTSE 100 today: Stocks close higher as Iran flight bans widen despite Hormuz hopes
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
We Manchester City fans fear relegation and losing trophies … but club are bang to rights
It couldn’t have been more prophetic. In 2008, 15 years before Manchester City were charged with financial fraud, fans started singing “City’s going down with a billion in the bank” to the tune of Yellow Submarine. This…
Australian Dollar: RBA hike expectations shape outlook – ING
ING economists Deepali Bhargava and Lynn Song expect the Reserve Bank of Australia (RBA) to raise rates by 25bp, citing a still-hot economy, tight labour market conditions and upside surprises in Gross Domestic Product …