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Finance

The latest published reporting in this category.

Finance

TikTok accused of helping to promote sex industry to girls

Researchers say popular performers covertly market OnlyFans content and tell followers about wealthy lifestyle TikTok is helping to promote and normalise the sex industry, allowing “sexfluencers” to post videos aimed at marketing pornographic content they have uploaded elsewhere on sites such as OnlyFans, a report indicates. After studying non-explicit content posted on TikTok over the course of a year by some of OnlyFans’ most popular young female performers, researchers said the women buried coded references to pornography in “girly lifestyle content” that showed them shopping, playing with

The Guardian
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Finance

Infantino caught in the web as tide turns against Trump in midterms and leaves Fifa exposed | Barney Ronay

Trump Exposed Reactor Core Syndrome very much in play after Democrat landslide – and Fifa’s president may pay a price Oh baby, clamp me in your repulsive mouthparts. Sink your unusually large and venomous fangs into my abdomen. And yes, we are doing this in the White House cabinet rooms, out there in plain sight of the watching world, just a gleaming golden ball between us. But it’s fine. Probably. Now take a sip of those sweet, sweet tiny male arachnoid entrails. An exciting new study was published over the summer into the habits of the Australian redback spider. The research made headlines f

The Guardian
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Finance

Nationwide launches savings account with ‘market leading’ 5.3% interest

Many experts think fixed rate on 30-month term will still look good after Bank of England raised base rate A savings account paying “market-leading” 5.3% interest was launched this week by Nationwide building society. It’s only for Nationwide members – but there are more than 19 million of them. The account was launched just a couple of days before the Bank of England pushed up the main base rate to 4%, a move that will be welcomed by many savers. Continue reading...

The Guardian
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Finance

Strait of Hormuz could reopen as part of Qatari plan for Iran nuclear inspections

Trump still considering new assault on Iran nuclear sites – though threats less credible after Vance remarks Qatar, the lead mediator in the US-Iran conflict, is seeking to persuade Tehran to allow UN nuclear weapons inspectors to visit Iran’s bombed nuclear sites, including those housing the country’s stockpile of highly enriched uranium. Iran would not be required to make any commitment that the stockpile would be removed from the country, with other options on the table, including reducing the uranium content by down-blending it. Continue reading...

The Guardian
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Finance

The PM’s small measures aim to help the public take back control – and we know how powerful that can be | Gaby Hinsliff

E-bikes, noisy headphones, flytipping: Burnham is weighing in on areas that make a difference to how people feel about life Imagine waking up one morning to find a humiliating video of you, filmed without your knowledge or control, plastered all over social media. Maybe you were sweating at the gym; or maybe at work, in a bar, or walking down the street, where you never realised the stranger hassling you for your number was covertly filming for his social media channel dedicated to shaming women who won’t date him. This week ministers hinted at a potential crackdown on so-called pervert glasse

The Guardian
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Finance

What’s the point? Ten years after the Paris treaty, are climate talks getting anywhere?

Its key temperature goal has been missed but experts say the agreement is still proving a vital moral compass for progress It was a curious way of conducting negotiations. Ahead of the 2025 climate summit, in the Amazonian port of Belém last year, the Brazilian hosts had taken off the table the issue that most had assumed would be at its heart: concrete plans from each country laying out exactly what they would be doing to cut their greenhouse gas emissions. Brazil was insisting, instead, that these plans – the bedrock of the Paris agreement – were the business of national governments and not

The Guardian
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Finance

The Guardian view on the AI backlash: American voters want a say in their future | Editorial

Tech stocks have lost trillions while voters have rejected the industry’s political champions. The billionaire-led boom is facing a democratic reckoning This week’s midterms showed that the political bill for the AI boom is falling due. The Democratic sweep intensified fears over runaway spending, mounting debt and resistance to datacentres, sending tech shares tumbling. On Thursday Wall Street suffered its worst day since the pandemic as $3.2tn was wiped from markets. Anthropic, developer of the Claude chatbot, is hoping to float within the next fortnight for $1.5tn (£1.1tn), but it may not n

The Guardian
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Finance

Further bomb threats disrupt at least another 18 flights across Europe

Media organisations in Ireland and UK also affected as apparently coordinated effort to cause chaos continues A fresh wave of bomb threats disrupted air traffic across Europe on Friday but the affected aircraft landed safely and searches revealed no explosive devices. The latest alerts affected at least 18 flights to or from Bulgaria, Cyprus, Czechia, France, Hungary, Italy, Portugal, Romania and the UK. Continue reading...

The Guardian
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Finance

UK dairy farmers face further pressure as milk processor cuts prices

Freshways lowers price paid to producers by 7p a litre, prompting warnings confidence in the sector is ‘at rock bottom’ “Milk is leaving the farm at a loss,” says dairy farmer Ian Harvey, as he warns confidence in the sector is “at rock bottom”. Most of the UK’s dairy producers were already being paid less for their milk than it costs to produce it after a year of volatile farmgate milk prices, combined with the impact of the summer’s drought and soaring costs of vital fuel and fertiliser triggered by the conflict in Iran. Continue reading...

The Guardian
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Finance

US tech stock rout: is the AI bubble bursting?

After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown? Global financial markets have been thrown into a tailspin as investors bet on an AI slowdown after the US midterm elections. This is not the first time stock markets have wobbled in recent months due to concerns over a tech bubble. But could this volatility be the start of a huge market meltdown? Continue reading...

The Guardian
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Finance

EU charges TikTok with failing to protect users’ mental health

Regulator’s initial ruling says algorithm ‘can be harmful’ and led young and vulnerable viewers ‘down rabbit holes they can’t easily escape’ TikTok has been charged by the European Commission with failing to protect users’ mental health by exposing them to a relentless stream of content that risks worsening eating disorders and anxiety in a case that strikes at its business model. Issuing a preliminary ruling on Friday, the EU regulator said TikTok’s algorithm “can be harmful” and was leading young and vulnerable users “down rabbit holes they cannot easily escape from”. Continue reading...

The Guardian
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