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

Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?

With beloved stars’ personal items increasingly up for grabs after they die, a new generation of fans are bidding on everything from bowler hats to dog bowls

Trump claims US and Iran on verge of signing peace agreement, but Tehran says no final decision made

Iranian leadership has not confirmed claim, after the US president announced that planned strikes on Iran had been cancelled