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Paycheck-to-Paycheck Pressures to Continue as Powell Signals More Rate Hikes BY PYMNTS | JUNE 21, 2023 | credit card bills Barely a week has gone by since the Fed “paused” its policy of hiking interest rates. And the pause may prove short lived — signaling some continued pressure ahead in the paycheck-to-paycheck economy. In testimony being given Wednesday...

Stubbornly high inflation increases pressure for interest rate hike The cost of second-hand cars, flights, live music events and computer games kept the inflation rate higher than expected, despite the drop in petrol prices. Sarah Taaffe-Maguire Business reporter @taaffems Wednesday 21 June 2023 15:54, UK Listen to this article 0:00 / 5:18 1X BeyondWords Audio created using AI assistance Jeremy Hunt reacts to latest inflation figures1:15 Play Video - Chancellor:...

Explainer Titanic sub search: What are the sonobuoys that picked up underwater noises? Sonobuoys were first used during the Second World War to detect German U-boats, and they got plenty of use during the Cold War, too, to track nuclear submarines around the world. But now they are also deployed in search and rescue operations, from missing planes to submarines. By Tom...

Analysis A troubled soul and troubling son - the politics around Hunter Biden's legal problems will continue to play out Joe Biden's political opponents portray the younger Biden as the international arm of a crime family, trading on his father's influence and all the while lining the pockets of Biden Snr. James Matthews US correspondent @jamesmatthewsky Tuesday 20 June 2023 18:15, UK Listen to this...

Breaking Jose Mourinho banned for four UEFA games after abusing English referee Anthony Taylor The Roma manager and former Chelsea, Manchester United and Spurs boss confronted and swore at the English official in the car park after their defeat to Sevilla last month. Wednesday 21 June 2023 17:02, UK Listen to this article 0:00 / 2:01 1X BeyondWords Audio created using AI assistance Jose Mourinho confronts referee Anthony...

Breaking Paris: Four people 'critical' after explosion sparks fire and reduces buildings to rubble Wednesday 21 June 2023 17:02, UK French police secure the area after several buildings on fire following a gas explosion in the fifth arrondissement of Paris, France, June 21, 2023. REUTERS/Antony Paone Image: French police secure the area after the explosion Why you can trust Sky News Four people are reportedly in...

Treasury Prime and Checkout.com Team to Offer Debit Card Funding BY PYMNTS | JUNE 20, 2023 | Embedded banking platform Treasury Prime has formed a long-term partnership with payments provider Checkout.com. The collaboration, announced Tuesday (June 20), will include a series of initiatives, starting with a product that lets end users fund their accounts with their...

Amazon Trounces Walmart in Most Retail Categories — Is Health/Beauty Next? BY PYMNTS | JUNE 20, 2023 | Amazon and Walmart apps Category by category, the jousting for share of consumer spending is a pitched battle for Amazon and Walmart. One holdout, beauty and wellness, where the two firms have been running neck and neck, may tilt...

Architect Financial Technologies Launching AI Tools for Independent Investors BY PYMNTS | JUNE 20, 2023 | Providing artificial intelligence (AI) tools to independent investors is the current project of former FTX US President Brett Harrison. Harrison’s new company, Architect Financial Technologies, aims to equip “sophisticated individual investors” with institutional-grade trading software and with ChatGPT integrations that...

States Regulating Deepfakes While Federal Government Remains Deadlocked BY PYMNTS | JUNE 20, 2023 | Some states are making laws regarding deepfakes even as the federal government remains deadlocked. Nine states have enacted laws regulating deepfakes — audio and visual forgeries created with artificial intelligence (AI) — and at least four are considering bills that would...

Grocery inflation eases to 'slowest monthly rate this year' The third consecutive monthly easing in grocery inflation is welcome but no cause for celebration as the rate remains the sixth highest recorded in the past 15 years. James Sillars Business reporter @SkyNewsBiz Tuesday 20 June 2023 08:00, UK Listen to this article 0:00 / 3:39 1X BeyondWords Audio created using AI assistance Empty shopping trolley Image: Shoppers have been increasingly choosing...

Insurance duo to unveil plan for £1bn listed Lloyds vehicle London-listed SPAC Financials Acquisition Corp will unveil plans to raise £500m on Wednesday and form London Innovation Underwriters, a pure-play Lloyd's vehicle, Sky News learns. Mark Kleinman City editor @MarkKleinmanSky Tuesday 20 June 2023 18:50, UK Listen to this article 0:00 / 2:38 1X BeyondWords Audio created using AI assistance Why you can trust Sky News A pair of...

Ex-Nissan chief Ghosn seeks $1bn from carmaker in defamation lawsuit The 69-year old, who vowed to clear his name following his elaborate escape from the Japanese justice system, is suing Nissan and others in a case filed in Lebanon. Tuesday 20 June 2023 17:17, UK Listen to this article 0:00 / 1:39 1X BeyondWords Audio created using AI assistance Former Nissan executive Carlos Ghosn, speaks during an...

Explainer Summer solstice: How you can catch a glimpse of Mars and Venus in the sky The summer solstice takes place on 21 June this year and according to Stellarium charts, Mars, Venus and the moon will be visible in London as they head towards the western horizon. Tuesday 20 June 2023 17:57, UK Listen to this article 0:00 / 2:21 1X BeyondWords Audio created using...