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Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001Gennadiy Goldberg, head of US rates strategy at TD Securities, agrees that the rise in US borrowing costs is “problematic” for the Trump Treasury, adding (via the FT):“They have to fund the government at more expensive levels.”“Investors are being asked to absorb a growing supply of government debt globally at a time when deficits remain large, inflation uncertainty persists

Elbridge Colby, a US under secretary of war, says he is ‘very pleased’ with the nuclear submarine program’s progressGet our breaking news email, free app or daily news podcastElbridge Colby, the third-highest-ranking official at the Pentagon and formerly an avowed Aukus sceptic,

As cases of the potentially deadly drug-resistant fungal infection Candida auris have spread to 27 states, including Texas, which has the second-highest number, a scientist at UT Health San Antonio, the academic health center of The University of Texas at San Antonio, warns that

Mark Walter bought team last year for $10bnIger and Kushner aim to ‘compete at the highest level’Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12bn in a record-breaking ⁠deal, ESPN reported ​on ‌Wednesday, citing ‌sources with knowledge ‌of the deal.Billionaire Mark Walter purchased a majority stake of the ‌NBA team last year from the Buss family in a ​deal that valued the club at $10bn, with ⁠the deal only ​having ​been approved ​by the board ​of

Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live – latest updatesConsumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long

In his 1927 paper, "A law of comparative judgment," the American psychologist L. L. Thurstone proposed that when people select one option among multiple alternatives, they are picking the one that has the highest value to them, even though they cannot assign a particular number t

Nearly 70 percent of France is now under water-use restrictions as successive heatwaves and severe drought intensify pressure on the country’s water supplies. Authorities said Monday that 67 of 101 departments had reached the highest crisis alert, while two-thirds of groundwater

An international team of researchers using the U.S. National Science Foundation's Inouye Solar Telescope has captured the highest-resolution view of the sun's surface.

The film-maker’s take on Homer’s epic has beaten his previous record holder The Dark Knight RisesThe Odyssey has become the highest grossing film of Christopher Nolan’s career, having made more than US$1bn at the global box office less than a month after its release.The blockbust

Observatory says 36.9C posted on Sunday is city’s highest official temperature since its records began 142 years ago, with storm driving intense heat in regionHong Kong has officially recorded its highest ever temperature as Typhoon Dolphin swept warm air over the city, the meteo

Tebas says Swiss is ‘destroying essence of football’Any reform at highest levels must be ‘genuine’Javier Tebas says Gianni Infantino’s position as Fifa president is untenable, claiming he is “destroying the very essence of football” while calling for reform at the highest levels

Deep in the world's oceans, large male sperm whales emit slow, low-frequency clicks with the highest source levels of any animal communication sounds. These slow clicks are not the echolocation clicks the whales use to locate prey, but loud, low-frequency communication signals.