Writing the summary…
UK shoppers seek deals as grocery price inflation rises again
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
The Guardian
JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live
Rolling coverage of the latest economic and financial news UK government bonds are rallying this morning, after the IMF said it had increased its growth forecast for the country this year. Yields (which fall when bond prices rise) are down by about 5 basis points for the 10-year gilt, and down by 4 basis points for the 5-year. Continue reading...
CNBC
French supermarket fridges get hacked, heating to 122°F and sparking fires
Hackers targeted hundreds of French supermarkets in a large-scale cyberattack, causing refrigerators to overheat, spoiling food, and sparking fires.
CNBC
The stock market is at a critical juncture. Wall Street is convinced it will resolve in the bulls' favor
There's an extraordinary split between the headline S&P 500 pinned just under a record high and the median stock in the index struggling in a 16% drawdown.
The Guardian
Hobbs and Whistles owner investigates hack that may have exposed customer data
Cyber-attack on TFG London comes less than a week after online fashion seller Asos was hit by hackers Business live – latest updates The owner of Phase Eight, Hobbs and Whistles has said its websites and IT systems have been hit by a cyber-attack that may have compromised customers’ personal data. The South-African listed TFG London said it identified the “cybersecurity incident” at the three UK-based retail chains on Sunday. Its two other UK brands, Inside Story and White Stuff, are not affected. Continue reading...
CNBC
UnitedHealth Group tops estimates, hikes profit outlook as insurer manages high medical costs
UnitedHealth Group said it expects 2026 adjusted earnings of at least $20.50 per share, up from a previous outlook of $19.50 to $20.00 per share.
CNBC
Trump census plan to cut noncitizens from 2030 count spurs critics toward legal fight
The Trump administration's proposal to exclude some noncitizens from the 2030 census prompts alarm for voting rights groups.