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More than half of UK first-time buyers paying more for mortgage than they did for rent
A majority of UK first-time homebuyers now pay more in monthly mortgage costs than they previously paid in rent, with 56% experiencing this shift, according to estate agent data.
‘I can charge my car for £6’: could new rules cut costs for EV drivers?
New English law removes planning permission requirements for pavement EV charging gullies, potentially cutting charging costs by up to 90% for drivers without driveways, though over 20 councils still prohibit them.
English councils warn of ‘catastrophic’ Send debts forecast to hit £10bn by 2028
English councils warn that special educational needs debts could reach £10bn by 2028, creating a potential financial crisis for local authorities responsible for meeting rapidly growing statutory demand.
Cornell University bans frat parties, vows to address ‘disturbing’ campus culture
Cornell University has banned fraternity parties for the rest of the academic year and will integrate sexual assault investigators into its police unit, following a former student’s gang rape allegation from 2024.
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Cut £175 from energy bills for low-income homes, says thinktank
The Resolution Foundation recommends the UK government create an emergency energy support plan cutting bills by up to £175 annually for low-income households, costing £2 billion in taxpayer funding.
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
Credit card balances reached $1.26 trillion in mid-2026, rising $21 billion in the second quarter as late-stage delinquencies jumped to 12.8%, prompting concerns about Americans falling behind on payments.
Intel raises $20 billion from upsized share sale
Intel raised $20 billion through an upsized share offering at $95 per share to fund expansion of its chip contract manufacturing business amid a significant stock price surge.
Bitcoin News Today: BlackRock IBIT Drives Five-Day BTC ETF Inflow Streak
US-listed spot Bitcoin ETFs recorded approximately $853.5M in net inflows over five consecutive trading sessions, with BlackRock’s IBIT accounting for roughly 81% of that total.
Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B
Strategy sold 1,690 Bitcoin for $108.6 million during the week ending August 9, reducing its holdings to 840,447 BTC while boosting its dollar reserve to $4.65 billion.
Corn Ticking Higher on Monday Morning
Corn futures advanced 2 to 3 cents early Monday morning, with September contracts at $4.39 and December contracts at $4.62, as traders awaited the USDA crop production report.
Soybeans Pushing Higher to Begin the Week
Soybean futures traded higher early in the week, with spot prices climbing to $11.33¾ while September and November contracts also posted gains despite modest weekly declines in some categories.
Wheat Posting Monday Morning Strength
Wheat futures posted significant gains early Monday, with winter wheat contracts trading at double-digit increases across Chicago, Kansas City, and Minneapolis exchanges.
Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
IHG reported operating profit growth of 10% in the first half of the year despite Middle East conflict headwinds, citing rising global wealth and middle-class expansion driving hotel demand.
CoreWeave stock pops 12% as revenue doubles on accelerating AI infrastructure demand
CoreWeave shares surged 12% after the AI infrastructure provider reported revenue that doubled year-over-year, exceeding Wall Street expectations amid accelerating demand for generative AI capabilities.
Charli XCX on lying, Love Island and life post-Brat
Charli XCX admitted to lying in a previous interview when she said she hadn’t started making new music, revealing she had already finished her album Music, Fashion, Film.
Lauryn Hill and Wyclef Jean ‘in an amazing place’ as fans hope for new Fugees album after 30 years
Lauryn Hill and Wyclef Jean suggest a possible new Fugees album may be in the future, stating they are “in an amazing place” following a healing process as a band.