‘If you can’t hold it, you don’t own it’: why media fans want to escape algorithms with CDs, DVDs and vinyl

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Oil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100

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Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large

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The Guardian·19m ago2 outlets

For too long, only the right has expanded the boundaries of what governments can do. Can Burnham change that? | Andy Beckett

The PM might come across as a nice bloke but he is politically ruthless. He will need to be if he is to turn big talk into big changes How much can a Labour government change the country? According to many voters, journalists and politicians, including plenty in the party itself, the answer to that stubbornly recurring question has always been: not that much. Labour governments can’t restructure the economy, radically redistribute wealth, truly empower the disadvantaged or adopt a genuinely ethical foreign policy without upsetting too many powerful interests, from the British rich to the US government to global financial markets. This endlessly repeated conventional wisdom – internalised by some on the left as well as centrists and the right – has haunted many Labour governments, from the first, tentative ones in the 1920s to Keir Starmer’s diligent but failed administration a century la

The Guardian·1h ago

World food prices hit near four-year high as heatwaves and El Niño hit farmers – business live

Rolling coverage of the latest economic and financial news Newsflash: World food prices rose in September to their highest in nearly four years as farmers were hit by hot weather and logistics disruptions. The United Nations’ Food and Agriculture Organization’s Food Price Index, which tracks a basket of food commodities, has jumped to its highest level since November 2022. Persistent hot and dry weather led to a downward revision of sugarbeet yield forecasts in the European Union, where planted area was already anticipated to decline from the previous season, while El Niño-related weather conditions continued to affect production prospects in key producing countries in Asia. Lower sugar production in Brazil’s key Center-South growing region also contributed to the tighter supply outlook. Additionally, India’s announcement of duty-free raw sugar imports further contributed to the increase

CNBC·1h ago

U.S. urges Europe to ‘immediately’ release diesel reserves as Iran war fuels record prices

EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook.

CNBC·2h ago

Treasury yields inch higher as investors await key jobs report

U.S. Treasury yields inched higher on Friday as investors weighed a trading week dominated by a global bond selloff and awaited a key jobs report.