Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened

One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society

SpaceX makes largest ever stock market debut, making Elon Musk world’s first trillionaire

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control

US consumer sentiment improves in June due to easing gas prices

Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows

Oil prices plummet as Trump claims he is close to US-Iran deal

Brent crude falls as optimism rises that strait of Hormuz could reopen over the weekend

Can Starmer’s late-night World Cup openings help Britain’s struggling pubs?

While venues could stay open until 2am, rising costs remain a far bigger concern for many landlords

Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget

Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing

‘This is what I was born for’: the drought-ridden Colombian town that took on Coca-Cola Femsa – and won

While La Calera faced severe water rationing, local springs were being drained by the drinks giant’s franchise. So the residents fought back

Barclays to buy GoHenry kids’ debit card and money app

High street bank to buy UK business from US fintech company Acorns as it targets young people

Can you really travel the world for free? A travel points expert shares her secrets

Stacy Roberts says she took $83,000 worth of vacations for $4,300. Here’s how

After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios

Paddy Power owner Flutter to scrap listing on London Stock Exchange

Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market

Has the US really carried out a secret mission to get oil through Hormuz?

Trump says hundreds of tankers have escaped Iran’s blockade. Data suggests shipments are increasing but many questions remain

UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March

20 ways Taylor Swift remade pop culture in her image

It has been 20 years since Swift released her debut single, setting in motion a career so extraordinary, it permanently redefined the concept of pop stardom. This is how she did it