Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened Rolling coverage of the latest economic and financial news
Zero-hours contracts: ministers’ detailed plans for UK ban criticised by firms and unions Government says it would prefer workers to be guaranteed between eight and 20 hours a week based on regular hours
There are thousands of dirty old drill sites in Colorado. The state gave oil firms a $1bn pass Investigation reveals regulator let firms off the hook on cleanup bonds despite backlog that will take decades to clear
Google owner Alphabet to sell $80bn in stock to fund AI spending spree Markets take note as world’s biggest equity fundraiser bids to garner more money than the three biggest-ever IPOs combined
Democrats oppose Trump officials’ effort to include crypto in 401(k) plans Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian says
BP backs Amanda Blanc to lead search for new chair despite investor concerns Senior independent director to handle process again after Albert Manifold’s shock departure last week
London tube strike causes huge disruption, with many services hit About half of London Underground drivers take action on Tuesday, with second strike scheduled for Thursday
Orbán’s oligarchs on edge as Hungary poised to launch wealth tax New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity
Despite what the UK right will tell you, appeasing bond markets has actually led to instability Austerity has benefitted bond traders but impoverished UK society and led to the rise of populism. Is it right that we carry on adhering to their interests, asks Guardian columnist Andy Beckett
UK’s growing green economy worth more than £100bn a year, research finds Net zero industry accounts for more than a million jobs and benefits whole country, according to CBI Economics
Sadiq Khan vows to overrule residents’ group’s objections to Soho bars and restaurants London mayor says Soho Society’s decision to challenge all new licensing applications is ‘bad’ for city
Mandelson lobbied hard for advisory firm after Labour victory, papers show Emails and WhatsApp messages reveal exchanges with ministers when he was president of Global Counsel
CBS News veterans urge Paramount CEO to ‘uphold editorial independence’ at 60 Minutes Dozens of former news staffers press David Ellison to commit to fair coverage in wake of major firings on the show
Anthropic confidentially files for initial public offering on US stock market Financial stakes of the AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year
EasyJet is an obvious takeover target, but US approach may not be a flyer Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works