67 minutes ago Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference organised by King’s Business School this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made g...

Society

75 minutes ago You can save hundreds on your heating bill by doing one simple thing – says expert

As the cost of living crisis rages on, many people are worrying about heating their homes this winter, and with temperatures continuing to drop, staying warm without breaking the bank is a valid concern

Science

2 hours ago Bird flu detected in raw milk sold in California as fears rise of virus spreading

No illnesses traced to batch as health officials warn consumers to avoid purchaseBird flu has been detected in a sample of raw milk sold in California raising fears about the continued spread of the virus, state officials reported.The virus was found in “one batch of cream top, whole raw milk” from Raw Farm, a dairy farm based out of Fresno, California, with a “best by” date of 27 November, said the California department of public health in a press release. Continue reading...

Science

2 hours ago Ding Liren beats Gukesh Dommaraju in World Chess Championship 2024 Game 1 – as it happened

Ding wins Game 1 when Gukesh resigns after 42 movesExplainer: all your pre-match questions, answeredOur Leonard Barden has filed his final dispatch ahead of today’s opening game. Barden, who’s written the Guardian’s chess column every week since September 1955, doesn’t divert from the general consensus in his assessment of the match.The preliminaries are nearly over: who will win? I expect Gukesh to be cautious in the first few games, then to probe and push hard in the middle of the match. Ding’s 2024 form has been so wretched that it is difficult to see how he can keep his title. A 7.5-4.5 margin for Gukesh looks about right. Continue reading...

Sport

3 hours ago Brad Pitt 'faints' at Formula 1 Las Vegas Grand Prix as Hollywood star films for new movie

Brad Pitt was in attendance at the Las Vegas Grand Prix on Saturday as the seven-time Academy Award nominee continues to film his new Formula 1 movie

Culture

4 hours ago David de Gea is reborn and central to Fiorentina’s Serie A renaissance | Nicky Bandini

Goalkeeper is at heart of team reviving and defying expectations thanks to seven straight Serie A winsDavid de Gea said on day one that he wanted to “make history” with Fiorentina. Three months later, you could make a case he has already succeeded. The Viola won their seventh consecutive Serie A game on Sunday, 2-0 away to Como. Only once before – back in 1960 – have they achieved such a run in the Italian top-flight.The Spaniard has been essential. De Gea collected his fifth clean sheet against Como, more than any other goalkeeper has managed since he made his league debut on 15 September. He is having to work for them, too. Continue reading...

Culture

4 hours ago Wall Street heading for record high after Scott Bessent nominated as US Treasury secretary; Barclays fined £40m over 2008 Qatari deal – business live

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretaryNewsflash: A deputy governor at the Bank of England has warned that it is “too early to declare victory” in the fight against inflation.Clare Lombardelli has told a conference at the Bank this morning that inflation has fallen steeply over the past two years. But, she is concerned that there are signs that the process of “wage disinflation” may be slowing, which would keep the cost of living rising faster than the Bank’s target.The outlook for wages and services prices is unclear from here.We need to see more evidence that wage growth and services inflation will continue their journey down to target-consistent rates.The UK economy has made good progress on disinfla...

Economics

7 hours ago Ding Liren v Gukesh Dommaraju: World Chess Championship 2024 Game 1 – live updates

Ding and Gukesh face off for $2.5m in SingaporeExplainer: all your pre-match questions, answeredBluesky Bryan at @BryanAGraham or email himOur Leonard Barden has filed his final dispatch ahead of today’s opening game. Barden, who’s written the Guardian’s chess column every week since September 1955, doesn’t divert from the general consensus in his assessment of the match.The preliminaries are nearly over: who will win? I expect Gukesh to be cautious in the first few games, then to probe and push hard in the middle of the match. Ding’s 2024 form has been so wretched that it is difficult to see how he can keep his title. A 7.5-4.5 margin for Gukesh looks about right. Continue reading...

Sport

10 hours ago Foreign firms taking billions of litres from UK aquifers to make bottled water

Coca-Cola extracts largest amount of freshwater of any drinks company in England, FoI request finds‘It’s not drought - it’s looting’: the Spanish villages where people are forced to buy back their own drinking waterForeign multinational companies are extracting billions of litres of water from British aquifers to sell as bottled water, the Guardian can reveal.Coca-Cola extracts the largest amount of freshwater of any drinks company in England, the data obtained through freedom of information legislation shows. It has a licence to extract 1.59bn litres of water a year from boreholes in Sidcup, Kent for its soft drinks. On top of that, it has the right to take 377m litres for its bottled water brands Glaceau Smartwater and Abbey Well from Morpeth in Northumberland. Continue reading...

Economics

11 hours ago A cool flame: how Gaia theory was born out of a secret love affair – podcast

Scientist James Lovelock gave humanity new ways to think about our home planet – but some of his biggest ideas were the fruit of a passionate collaboration. By Jonathan Watts Continue reading...

Society