FTSE 100 Falls 1.4% on Iran War Worry, Banks Slump
The FTSE 100 fell 1.4% on Tuesday as banks led declines amid Iran war fears and rising bond yields, with investors cautious ahead of UK local elections.
Category : Economy
Nolan: The Odyssey Is 'Original Superheroes'
Christopher Nolan says Homeric epics directly inspired Marvel and DC superheroes, calling them the original superheroes. His film 'The Odyssey' releases July 17.
Sleepaway Camp Actor Jonathan Tiersten Dies at 60
Jonathan Tiersten, known for his role in the 1983 cult classic Sleepaway Camp, passed away at 60. His brother confirmed the news, with cause of death under investigation.
Sabalenka Backs Boycott Over French Open Prize Money
Aryna Sabalenka and other top tennis stars express 'deep disappointment' over French Open prize money, highlighting a drop in players' revenue share and lack of progress on welfare.
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US Drivers Spend $24bn Extra on Gas Since Iran War
Americans have paid an additional $23.9 billion on petrol since March due to the Iran war, with prices surging past $4 per gallon. This has pushed inflation to 3.3%.
Ollie Robinson in talks with England for Test return
Ollie Robinson reveals talks with England head coach Brendon McCullum and ECB's Rob Key as the Sussex seamer eyes a Test recall after being out of favour since the 2024 India tour.
Miami Upgrades Shake Up F1 Grid as Title Battle Heats Up
McLaren and Red Bull's upgrades in Miami close the gap to Mercedes, promising a tight 2026 title race. Driver dissatisfaction with energy management rules persists.
UK Electric Car Sales Surge but Inflation Risks Slowdown
UK electric car sales jumped nearly 60% in April, but the SMMT warns that rising inflation and energy prices from the Iran war could temper demand.
Desert Nomads: $180 for 7 Months of Freedom on Public Lands
As US housing costs soar, thousands flock to Arizona's public lands, living in vehicles for $180 for seven months, forming a parallel housing system.
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Australia Scraps Inland Rail Project Between NSW and Queensland
The Albanese government has pulled the plug on the beleaguered Inland Rail project, a major freight line connecting New South Wales and Queensland.
UK Borrowing Costs Surge on Bond Yield Spike
UK government borrowing costs have risen sharply as bond yields hit their highest since October 2023, following Rachel Reeves' budget announcement. The yield on 10-year gilts rose to 4.43%, increasing debt interest payments and raising concerns about fisc
Edwards Leads Timberwolves Past Wembanyama's 12 Blocks
Anthony Edwards returned from injury to score 18 points, leading Minnesota past San Antonio 104-102 despite Victor Wembanyama's playoff-record 12 blocks.
Worst Mortgage Affordability Since 2008 for UK Homebuyers
New data reveals UK homebuyers are experiencing the worst mortgage affordability since the 2008 financial crisis, with soaring prices and high interest rates.
Australia's Fuel Crisis: More Oil or EVs?
Conservatives push for more oil drilling and refineries amid fuel crisis, but experts argue electrification is the cheaper, more secure solution.
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RBA Governor's Frank Economic Message Shocks Australia
RBA Governor delivers unexpectedly blunt assessment of Australia's economic challenges, sparking widespread debate and market reactions.
Hamilton Plans 'Different Approach' for Canada GP After Miami
Lewis Hamilton will adopt a 'different approach' for the Canadian Grand Prix after a frustrating Miami GP where first-lap contact left him sixth. The seven-time champion remains optimistic despite falling behind teammate Leclerc.
US Cities Need $1 Trillion for Infrastructure Repairs
A new study reveals it will cost over $1 trillion to repair deteriorating roads, bridges, and buildings across 2,000 US cities, with Philadelphia and Baltimore among the hardest hit.
HMRC: Low-Income Self-Employed at Higher Penalty Risk
New HMRC data shows low-income self-employed workers are more likely to miss tax deadlines and face £100 penalties, highlighting a knowledge gap and structural issues.
Mortgage Affordability Worst Since 2008
Mortgage affordability for UK homebuyers tightened to its highest level since 2008, with borrowers spending 21.3% of income on repayments, UK Finance reports.
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Iran War Adds $24B to US Gas Costs
Americans have spent $23.9 billion more on gas since March due to the Iran war, with prices soaring over $4 per gallon. This equals 1.2 billion hours of daycare or nearly the entire war cost.
Lower earners more likely to miss tax deadline, data shows
Self-employed people on lower incomes are significantly more likely to miss the self-assessment deadline, with 94% of late filers being below basic or basic rate taxpayers, PensionBee reveals.
Japan Child Population Falls to Record Low
Japan's child population has fallen to a record low of 13.29 million, marking the 45th consecutive year of decline. Children now make up just 10.8% of the population.
2026 Tony Awards Nominations Announced
The 2026 Tony Award nominations are out, with 'The Lost Boys', 'Schmigadoon!', 'Titanique', and 'Two Strangers' vying for Best Musical. Ceremony June 7.
Heating Left On Costs Holidaymaker £350 Extra
Roben Gallagher-Peer returned from Valencia to find her heating on for two weeks, resulting in a £350 bill shock. Experts warn many make similar costly mistakes.
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On the Beach Offers Same-Day Refunds for Flight Cancellations
On the Beach promises same-day refunds for cancelled flights ahead of summer disruption, processing refunds immediately to help travellers rebook quickly.
Jacob Elordi Drops Out of Cannes Jury Due to Broken Foot
Jacob Elordi has withdrawn from the Cannes Film Festival jury after breaking his foot. The 28-year-old actor was set to join Demi Moore, Stellan Skarsgård, and others as a judge.
UK Borrowing Costs at 28-Year High
UK 30-year gilt yields reached 5.798%, the highest since 1998, driven by inflation fears and geopolitical tensions, raising government debt costs.
New Mother Dies of Brain Aneurysm Five Months After Birth
Kali Blundell, 32, suffered a fatal brain aneurysm while working out at a gym in North Sydney, just five months after giving birth to daughter Ruby. She donated her organs, saving five lives.
Seven Games Show Man City's Lead-Holding Flaw
Manchester City's inability to hold leads, exposed in seven draws, may cost them the Premier League title against Arsenal, who excel defensively.
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Remove One Item to Cut Fuel Consumption by 20%
Fuel prices in the UK have soared, with diesel averaging 189.8p per litre. Motoring expert Saul Turner shares tips to save money, including removing roof racks to cut consumption by 20%.
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