Writing the summary…
Higher interest rates and AI safety fears put the stock market to the test last week
Source: CNBC
Original reporting
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The Guardian
Manchester United Muslim fans group calls on co-owner Jim Ratcliffe to quit
Supporters’ club says billionaire should stand down after ‘completely unacceptable’ comments on the UK and empire Manchester United’s Muslim supporters’ Club (MUMSC) has called for the Premier League side’s co-owner to step down after he made “completely unacceptable” comments during a BBC interview. Sir Jim Ratcliffe described the UK as being a country “on the slide” from the days when it had “the greatest empire in the world”. Continue reading...
The Guardian2 outlets
UK politics increasingly funded by billionaires as mega-donations surge
Exclusive: A total £179m has been donated by wealthy individuals since 2019, research reveals British politics is increasingly being funded by individual billionaires with a wave of mega-donations having flooded into UK political parties over the past two parliaments. A total of £179m has been donated by wealthy individuals since 2019, research reveals. Continue reading...
CNBC
She pays $96 a month to live in Yellowstone National Park: 'Being here has changed my life'
Zoe De La Paz quit her corporate job in Chicago and in June moved to Yellowstone to work as a seamstress.
CNBC
Student loan borrowers exiting SAVE may face sharply higher payments if they don't take action soon
Millions of student loan borrowers could see their monthly bills skyrocket if they don't move into an affordable repayment plan soon. Here's what to know.
CNBC
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
Goldman economist Joseph Briggs said broader pessimism in society may be contributing to struggling consumer sentiment even as the economy chugs along.
CNBC
Buffett takes next step in plan to keep Berkshire from straying
Warren Buffett steps down as Berkshire Hathaway's chairman, passing the job to his son, Howard.