Google loses $500bn in market value as AI search cuts ad revenue
Alphabet's market capitalisation fell by over $500bn after the firm revealed its AI-powered search summaries are reducing advertising income.
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Millionaire Migration Index: where Britain’s wealthy are moving (October 2026)
An independent, quarterly index of relocation signals built only from official records. Latest: UK edition, October 2026.
Tech billionaires spend $340m fighting California wealth tax ballot
Silicon Valley donors are spending over $1m daily to defeat Proposition 40, a one-time 5% levy on the state's billionaires.
Chancellor eyes bank profit tax raid in October Budget, sector warns
UK's four largest banks made £15bn profit in six months; Treasury considering surcharge rise or loss-offset freeze.
IMF warns bond yields face disorderly spike as debt and AI borrowing mount
Government bond yields could rise sharply as inflation, debt and AI-related issuance strain sovereign markets, the fund said on Tuesday.
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