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The Latest Breaking News from Barclays

UK mortgage deals rise again as average two-year deal hits 5.5%

Inflation expectations and renewed hostilities have seen mortgage prices rise once more

The Independent UK

Former Barclays CEO Jes Staley faces US congressional panel over Epstein ties

Staley is latest high-profile figure to testify before House amid investigation into Epstein, convicted sex offender

The Guardian - US

First Thing: US agrees Saudi uranium deal as strikes on Iran continue and Yemen’s Houthis hit tankers

Conflict continues across the region as White House announces nuclear technology agreement. Plus, the artist who flattened a Tesla with a tank

The Guardian - UK

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US senator accuses Barclays of ‘failure’ to investigate ex-CEO’s ties to Epstein

Exclusive: Elizabeth Warren claims bank did not ‘meaningfully investigate’ Jes Staley’s links with sex offender

The Guardian - UK

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.

Barchart

Micron Stock Has 66% Upside As Open‑Source AI Models Guzzle Memory, BofA Says

The rise of cheap, open-source Chinese AI models was supposed to be a threat to the companies that sell expensive memory chips.

Benzinga

There's now a Samsung Galaxy credit card with some interesting perks – here's what you get

So there was another Samsung Galaxy product being launched this week, after all

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Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual fee

Samsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Visa card, developed with Barclays, offers cashback rewards on Samsung purchases and everyday spending. Cardholders can earn up to five percent cashback on eligible Samsung purchases and three…

The Economic Times

Samsung Galaxy Card takes aim at Apple Card with way more perks and rewards — here’s what you get

Samsung's new Barclays-issued Galaxy Card aims to challenge the Apple Card by offering loyalists 5% cash back on direct brand purchases and 3% on all mobile wallet transactions.

Tom’s Guide

Stocks Pressured as Middle East Hostilities Boost Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU26 ) fell -0.20%, and September E-mini Nasdaq futures...

Barchart

Lumentum Just Scored a New Upgrade. Here's What to Know.

Lumentum stock rallies as Barclays upgrades it to 'Overweight.' Here’s why analyst Tom O’Malley recommends owning LITE shares.

Barchart

Broader Market Boosted by Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. September E-mini S&P futures (ESU26 ) are up +0.20%, and September E-mini Nasdaq futures...

Barchart

Stocks Edge Higher as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.86%. September E-mini S&P futures (ESU26 ) are up +0.43%, and September E-mini Nasdaq futures...

Barchart

Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract more overseas funds. Mobilisation is expected to accelerate closer to…

The Economic Times

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The Guardian - UK

Pay gap widens as UK bosses get 130 times average worker’s salary

In its final report the High Pay Centre says the median remuneration of a FTSE 100 CEO has risen to a record £5.06m

Evening Standard

British pubs to sell six million pints during England v Argentina game

The figure means pubs will almost double the number of pints they normally sell on a Wednesday

The Independent UK

England’s World Cup semi-final to fuel 14 million pint sales in UK pubs

IN FULL

The Independent UK

UK pubs expected to pour 14 million pints during tonight

Millions are expected to go out to pubs to watch the crunch World Cup game

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news in one place.

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The Guardian - UK

World Cup and sunshine prompt UK consumers to splash out on beer and online shopping

Despite spending increase in June, Barclays says most people still pessimistic about economy

Evening Standard

Heatwave and World Cup shape spending figures for June

Total retail sales across the UK were up 1.9% year on year in June, boosted significantly by a 5.1% increase in online sales, figures show.

The National (Scotland)

This US World Cup controversy exposes the corruption of the beautiful game

THERE was a wave of relief throughout the football world on Tuesday when Belgium defeated the USA 4-1 in their last-16 knock-out game in the World…

Barchart

Here’s Why TSMC Investors Are Counting Down to July 16

Investors are looking for proof that AI chip demand remains as strong as ever. Taiwan Semiconductor's Q2 report could provide just that.

TechRadar

'No single organisation can tackle it alone': VodafoneThree says its new security process blocked two million SMS fraud messages

VodafoneThree and Barclays prevent 25% more banking scams by using combined intelligence – more banks to come.

The Guardian - UK

Bankers and unions set for clash over possible Burnham tax raid on UK banks

City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’

Barchart

Dear Tesla Stock Fans, Mark Your Calendars for July 2

Tesla's Upcoming delivery report could determine whether the EV giant's recent rally has more room to run.

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