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Labor tax critic deletes anti-immigration AI video reposted from rightwing nationalist account

Labor tax critic deletes anti-immigration AI video reposted from rightwing nationalist account

June 24, 2026 • Guardian World

Summary

Geoff Wilson, a well-known fund manager and critic of government tax changes, deleted an AI-generated video he shared that showed misleading and inflammatory content about migrants and Australian politicians. He said he had not fully checked the video before posting and removed it after being contacted by the media.

Key Facts

  • Geoff Wilson reposted an AI-created video showing politicians Anthony Albanese and Jim Chalmers giving money from white Australians to migrants in Islamic-style face coverings.
  • The video included images of protests with signs saying “diversity is not our strength” and “treason,” and showed a white family losing their home to a South Asian family.
  • Wilson did not watch the full video or check all sources before sharing and deleted the posts after being contacted.
  • The original video came from a social media account labeled as “Nationalist” and “White Lives Matter” that has shared antisemitic content in the past.
  • Wilson also reposted content connected to the QAnon conspiracy theory on his social media.
  • He is a public critic of the Labor government’s recent tax changes, especially those affecting capital gains tax and negative gearing.
  • Wilson has been quoted frequently in media and supported by some senior Coalition politicians on tax issues.
  • He explained his goal was to highlight opposition to tax changes he views as harmful to Australian businesses.
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Guardian World Guardian Tech
Why drawing down the Strategic Petroleum Reserve is a smart business decision

Why drawing down the Strategic Petroleum Reserve is a smart business decision

June 24, 2026 • The Hill

Summary

The article explains why reducing the amount of oil stored in the Strategic Petroleum Reserve (SPR) is a good financial choice. It discusses how the global oil market has changed since the 1970s and why holding large reserves may no longer be as necessary or cost-effective.

Key Facts

  • The Strategic Petroleum Reserve holds large amounts of oil for emergencies.
  • The oil market has changed a lot since the 1973-1974 oil embargo.
  • Keeping big oil reserves costs money and may not always make sense.
  • Using or selling some oil from the reserve can help save money.
  • Changing the size of the reserve responds to current oil supply and demand.
  • The decision aims to balance emergency preparedness and economic efficiency.
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The Hill
Shun Amazon with the 23 best anti-Prime Day deals from Best Buy, REI and more

Shun Amazon with the 23 best anti-Prime Day deals from Best Buy, REI and more

June 24, 2026 • Guardian Tech

Summary

Many retailers offer big discounts during Amazon’s Prime Day event to attract shoppers who do not have Amazon Prime or prefer other stores. This article lists 23 top sales from stores like Best Buy, REI, Cozy Earth, and Walmart on kitchen, tech, home, and travel products.

Key Facts

  • Amazon holds an annual sales event called Prime Day with steep discounts.
  • Competitors like Best Buy, REI, Walmart, Cozy Earth, and Caraway offer their own big sales at the same time.
  • Deals cover many categories including kitchen items, mattresses, tech gadgets, clothing, and coolers.
  • Examples include Apple AirPods Pro 3 at $179.99 (original $249.99) at Best Buy and Cozy Earth Waffle Bath Towels at $86.40 (original $108).
  • Some discounts require special codes, like PRIME10 or FIELD20.
  • Popular products recommended by experts and tested by the Filter staff are included.
  • The sales aim to attract customers away from Amazon and offer savings even without a Prime membership.
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Guardian Tech
Our new podcast will help you make smarter "Money Moves"

Our new podcast will help you make smarter "Money Moves"

June 24, 2026 • CBS News

Summary

Jill Schlesinger, a financial planner and CBS News correspondent, is launching a new podcast called "Money Moves" on June 30. The podcast will provide clear and practical financial advice twice a week, helping listeners with saving, investing, home buying, career management, and spending decisions.

Key Facts

  • The podcast "Money Moves" starts on Tuesday, June 30.
  • It is hosted by Jill Schlesinger and executive producer Mark Talercio, both financial planners.
  • New episodes will be released every Tuesday and Thursday.
  • The show aims to give simple, easy-to-understand advice without using confusing financial terms.
  • Topics include saving money, investing, buying a home, managing careers, and spending smartly.
  • The hosts will answer listener questions and explain important financial news.
  • The podcast is available on YouTube and other podcast platforms.
  • The focus is on providing helpful, stress-free guidance about money management.
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CBS News
Dior mashes up laid-back ‘indie sleaze’ with elegant luxury

Dior mashes up laid-back ‘indie sleaze’ with elegant luxury

June 24, 2026 • Guardian World

Summary

Dior moved its menswear fashion show to early morning to avoid extreme heat in Paris. Designer Jonathan Anderson presented a collection mixing casual "indie sleaze" styles with elegant luxury, reflecting young people's renewed interest in rave culture and nightlife.

Key Facts

  • Paris experienced high temperatures reaching 40°C during fashion week.
  • Dior rescheduled its show to 9 a.m. and provided fans, umbrellas, and cool towels to guests.
  • The show took place in the Musée Nissim de Camondo gardens, which is undergoing renovation.
  • The collection included ripped jeans, hologram sequins, deconstructed suits, and elegant mixed styles.
  • DJ and producer Fred Again provided the soundtrack for the event.
  • Jonathan Anderson is Dior’s creative director for both menswear and womenswear since 2025.
  • Anderson highlighted a revival of rave culture among young people in cities and suburbs.
  • Dior’s recent strategy includes hosting shows in key global locations and opening a restaurant to attract wealthy customers.
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Guardian World
Exclusive discounts from CBS Mornings Deals

Exclusive discounts from CBS Mornings Deals

June 24, 2026 • CBS News

Summary

CBS Mornings Deals offers special discounts on products that can improve daily life. Viewers can visit cbsdeals.com to find these exclusive deals and make purchases.

Key Facts

  • CBS Mornings Deals promotes items to help with everyday living.
  • The deals are exclusive and can be found on cbsdeals.com.
  • CBS receives commissions when people buy products through their website.
  • The promotion was featured on CBS Mornings, a news and lifestyle program.
  • The announcement encourages viewers to shop online using the provided link.
  • The deals aim to provide value and convenience to customers.
  • The CBS News app also offers access to these deals and other news content.
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CBS News
What a tech stock selloff means for your investments

What a tech stock selloff means for your investments

June 24, 2026 • CBS News

Summary

A recent drop in technology company stocks has caused some instability in the stock market. Experts explain how this could affect individual investments, including retirement savings.

Key Facts

  • Technology stocks have recently lost value, causing a market sell-off.
  • This sell-off creates ups and downs in the overall stock market.
  • The change can impact people’s investment portfolios and retirement accounts.
  • Investors might see lower returns in tech-related investments for a time.
  • Market experts suggest keeping a long-term view during times of volatility.
  • Retirement accounts often include technology stocks, so fluctuations may affect their value.
  • Such sell-offs are common and part of the normal market cycle.
  • Understanding these trends helps investors make informed decisions about their money.
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CBS News
Louis Vuitton brings the beach to Paris in near 40C heat

Louis Vuitton brings the beach to Paris in near 40C heat

June 24, 2026 • Guardian World

Summary

Louis Vuitton held a men's fashion show in Paris featuring a beach and surf theme, designed by Pharrell Williams. The show took place in university gardens that sparked protests due to restricted access for residents. The luxury brand continues to combine fashion with high-profile celebrity appearances and cultural sponsorships.

Key Facts

  • Louis Vuitton’s menswear show was set on sand with an artificial wave backdrop in Paris.
  • The collection by Pharrell Williams showcased surf-inspired clothing and accessories.
  • The fashion event was held in university gardens, a location that some residents opposed due to limited access.
  • Celebrities like Missy Elliott, Jeremy Allen White, and Victor Wembanyama attended the show.
  • Actor Callum Turner wore two Louis Vuitton suits designed by Williams at his wedding to Dua Lipa.
  • Louis Vuitton was valued at $40.7 billion in 2025, making it the most valuable fashion brand.
  • The show included a live orchestra and choir to enhance the experience.
  • Louis Vuitton agreed to sponsor the Frick museum in New York for three years, linking the brand to art and culture.
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Guardian World
Private power company countersues Puerto Rico's government as legal woes deepen

Private power company countersues Puerto Rico's government as legal woes deepen

June 24, 2026 • PBS NewsHour

Summary

Luma Energy, a private company in charge of transmitting and distributing electricity in Puerto Rico, filed a countersuit against the Puerto Rican government. The company claims the government has acted unfairly and harmed the public’s interest.

Key Facts

  • Luma Energy manages power transmission and distribution in Puerto Rico.
  • The company filed a countersuit against the Puerto Rican government.
  • Luma Energy accuses the government of bad faith and intentional harm.
  • The legal conflict involves power services on the island.
  • This lawsuit adds to ongoing legal troubles between Luma Energy and the government.
  • The dispute affects Puerto Rico’s public electricity services.
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PBS NewsHour
Record profits, terrible service: something’s got to give for US consumers

Record profits, terrible service: something’s got to give for US consumers

June 24, 2026 • Guardian US

Summary

US consumers are facing higher prices and poor service because many companies have grown very large and have fewer competitors. This situation limits customer choices, which leads to frustration and increased complaints, even though consumers often stay with these companies due to lack of alternatives.

Key Facts

  • A traveler chose a long bus trip instead of paying $1,200 to change a flight with Delta Airlines.
  • US consumers spend about $21 trillion each year, historically driving the economy.
  • Many US companies have merged over time, reducing competition and consumer options.
  • Customer complaints in the US rose 16% in early 2026, reaching record levels.
  • Consumer satisfaction in the US has dropped to its lowest point in over 60 years.
  • Despite dissatisfaction, more consumers continue using the same companies because they see no better choices.
  • Other countries, like the UK, often have more alternatives for services such as broadband and energy.
  • Experts say that the power imbalance between companies and customers has allowed high prices and poor service to persist.
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Guardian US Guardian Business
The US needs Canada to win the critical minerals race

The US needs Canada to win the critical minerals race

June 24, 2026 • The Hill

Summary

The United States depends on Canada to secure important minerals needed for technology and clean energy. Cooperation between the two countries is key to accessing these minerals and strengthening supply chains.

Key Facts

  • The US requires critical minerals for technology and green energy projects.
  • Canada has large reserves of these essential minerals.
  • America’s mineral strategy relies on partnerships with Canada.
  • Strong US-Canada cooperation helps secure reliable mineral supplies.
  • Access to these minerals supports economic growth and advanced industries.
  • Critical minerals include metals used in batteries, electronics, and electric vehicles.
  • Both countries aim to reduce dependence on other global suppliers.
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The Hill
Alibaba sues Pentagon over blacklist designation

Alibaba sues Pentagon over blacklist designation

June 24, 2026 • CBS News

Summary

Alibaba has sued the U.S. Defense Department in federal court, challenging its designation as a company linked to the Chinese military. The lawsuit argues the Pentagon's decision is without factual or legal basis and harms Alibaba’s business and legal rights.

Key Facts

  • Alibaba was added to a Pentagon list labeling companies with alleged ties to the Chinese military.
  • The company says this labeling is unfair, calling it "arbitrary and capricious."
  • Alibaba is suing to be taken off the list, stating it is not involved with the Chinese military.
  • Being on the list means the Pentagon cannot make new contracts with Alibaba or its subsidiaries starting June 30.
  • The designation also limits Alibaba's ability to hire U.S. lobbying firms, potentially violating free speech rights.
  • Alibaba said its shareholders include major U.S. financial firms like J.P. Morgan, Citigroup, and BlackRock.
  • Other companies on the Pentagon’s list include Baidu and BYD.
  • China responded by placing export controls on ten U.S. companies, escalating trade tensions.
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CBS News
Council tax debt rises to £9bn but here's how you can get help

Council tax debt rises to £9bn but here's how you can get help

June 24, 2026 • BBC Business

Summary

People in the UK owe more than £9 billion in unpaid council tax as many struggle with money problems. There are discounts and support programs available, but many people do not know about them or do not apply for help.

Key Facts

  • Over £9 billion is owed in unpaid council tax across the UK.
  • In England alone, £7.4 billion was uncollected by the end of March.
  • Council tax collection rate in England was 95.6% during the last financial year.
  • Non-payment of council tax can lead to serious consequences, including prison in extreme cases.
  • Discounts include 25% off for people living alone and exemptions for full-time students.
  • People with disabilities may apply to pay less by changing their council tax band.
  • Council Tax Support offers help for low-income households but requires application.
  • The government plans to improve council tax payment options next year, including longer time to pay and flexible repayment plans.
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BBC Business BBC Top Stories
Elon Musk’s trillionaire status at risk; oil price lowest since Iran war began – business live

Elon Musk’s trillionaire status at risk; oil price lowest since Iran war began – business live

June 24, 2026 • Guardian Business

Summary

Elon Musk’s net worth has dropped after the share price of SpaceX fell by 16% this week. SpaceX’s value fell from nearly $3 trillion to around $2 trillion, causing Musk’s wealth to decline from over $1 trillion to about $1.1 trillion. Meanwhile, oil prices hit their lowest point since the start of the Iran war, partly due to increased oil shipments through the Strait of Hormuz following a US-Iran peace deal.

Key Facts

  • SpaceX’s shares fell 16% in one day, lowering Musk’s worth by over $150 billion.
  • SpaceX’s stock price peaked at $225 but closed at $156 recently.
  • SpaceX’s total market value dropped from about $2.99 trillion to around $2 trillion.
  • Musk’s total fortune decreased from over $1 trillion to approximately $1.1 trillion.
  • Tesla shares also fell by 5.8% amid a broader tech selloff.
  • Three large oil tankers carrying 5 million barrels of crude left the Strait of Hormuz, signaling increased oil supply.
  • Oil prices hit their lowest levels since the Iran war began.
  • The euro currency fell to its lowest value in over a year against the US dollar, influenced by falling oil prices and easing inflation concerns.
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Guardian Business
UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival

UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival

June 24, 2026 • Guardian World

Summary

UK warehouse landlord Segro rejected a £12.6 billion takeover offer from US company Prologis. Prologis offered 24.6% more than Segro’s share price but Segro’s board said the offer undervalued the company and its future prospects.

Key Facts

  • Prologis publicly offered to buy Segro, a FTSE 100 company, for £12.6 billion.
  • The offer proposed exchanging each Segro share for 0.084 Prologis shares, valuing Segro shares at 925p each.
  • This offer was 24.6% higher than Segro’s closing share price on the day of the offer.
  • Segro’s board unanimously rejected the offer, saying it did not match their view of the company’s value.
  • Segro builds and rents warehouses, serving customers like Amazon and Netflix.
  • The company grew quickly during the Covid pandemic but its share price has fallen about 40% since early 2022.
  • Segro said market problems in the UK and Europe have affected its share price compared to US companies.
  • Prologis may try to improve its offer, but experts say the deal could lead to more foreign takeovers in the UK property sector.
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Guardian World Guardian US
Massive AI spending and higher interest rates: What's behind the tech sell-off?

Massive AI spending and higher interest rates: What's behind the tech sell-off?

June 24, 2026 • France24

Summary

Tech stocks fell worldwide on Tuesday, with the Nasdaq index dropping 2.2%. The decline happened partly because investors worry about big planned spending on artificial intelligence (AI) and the possibility that interest rates will rise.

Key Facts

  • The Nasdaq stock market index closed 2.2% lower on Tuesday.
  • Investors are concerned about companies spending a lot of money on AI technology.
  • Higher interest rates are expected, which can make borrowing more expensive.
  • These factors caused many investors to sell tech company shares.
  • The article also mentions Spain's unique climate leave policy, but this was not the main focus.
  • The news aims to explain recent changes in tech stock prices.
  • Other topics like Nvidia's upcoming results and AI's environmental impact were also noted.
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France24
Investors may be hitting pause on the AI run-up

Investors may be hitting pause on the AI run-up

June 24, 2026 • Axios

Summary

Investors are becoming cautious about investing more in artificial intelligence (AI) companies after a long period of rising stock prices, especially for chip makers. While AI technology demand continues to grow, companies are realizing the high and sometimes unclear costs associated with running AI models.

Key Facts

  • Chip company stocks, which are important for AI computing, had big growth last year but have recently dropped.
  • The Nasdaq 100 index fell 3.3% and the S&P 500 dropped 1.4% after worries from a selloff in South Korea.
  • Google’s parent company, Alphabet, led the recent stock decline partly due to losing key AI employees.
  • Only 26% of surveyed U.S. executives fully understand their AI operating costs.
  • Some companies, like Uber, spent their AI budgets much faster than planned and have started limiting expenses.
  • The cost of basic AI computing power is going down, but running advanced AI models from companies like OpenAI and Anthropic remains expensive.
  • Demand for AI computing power is still much higher than supply, by about 5 to 10 times.
  • Lower computing costs might help big tech companies that use a lot of AI power, but investors remain cautious about chip stock valuations.
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Axios
Heatwave pushes Great Britain’s grid operator to call for extra electricity from power plants

Heatwave pushes Great Britain’s grid operator to call for extra electricity from power plants

June 24, 2026 • Guardian World

Summary

Great Britain’s energy operator Neso has issued a warning asking power plants to supply extra electricity due to a heatwave causing high demand and low renewable energy output. The heatwave, with record temperatures expected, is putting pressure on the electricity system, but no blackouts are currently expected.

Key Facts

  • Neso manages the electricity systems in England, Scotland, and Wales.
  • A heatwave is causing increased electricity use as people turn on fans and air conditioners.
  • Low wind speeds and high temperatures have reduced renewable and nuclear power supply.
  • Neso requested an extra 1,900 megawatts from power plants to meet demand safely.
  • Electricity prices across Europe have risen sharply due to higher demand and power plant outages.
  • Record June temperatures up to 39°C are expected in south-east England.
  • The heatwave is causing disruptions to transport, schools, and hospitals.
  • Several unions have called for strikes during the hottest days, highlighting concerns about working conditions.
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Guardian World
Surging pokies revenue proves NSW Labor has failed to reduce gambling harm as promised, advocates say

Surging pokies revenue proves NSW Labor has failed to reduce gambling harm as promised, advocates say

June 24, 2026 • Guardian World

Summary

New South Wales (NSW) expects its tax income from gambling, especially poker machines in pubs and hotels, to rise significantly in the next years. Despite promises to reduce gambling harm, government revenue from these machines is forecast to grow, while reforms like cashless gaming and machine reductions have not been fully implemented.

Key Facts

  • NSW gambling tax revenue is expected to grow from $3.8 billion in 2025-26 to $4.7 billion in 2029-30.
  • Revenue from poker machines in pubs and hotels is projected to increase by 7.5% annually, faster than inflation.
  • The government expects to receive $2.2 billion from poker machines in 2029-30, up from $1.6 billion currently.
  • NSW Treasurer Daniel Mookhey said budget forecasts reflect current policies, but future reforms may still occur.
  • The Minns government promised before the 2023 election to reduce poker machines and trial cashless gaming, but progress has stalled.
  • A 2024 trial of cashless gaming has not yet led to permanent changes.
  • The government has not responded to 30 reform recommendations from an independent panel made in late 2024.
  • About 90,000 poker machines operate in NSW, roughly half of all in Australia, and debate continues about cutting machines to reduce harm.
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Guardian World
Dettol apologises after ‘toxic men’ advert sparks backlash in China

Dettol apologises after ‘toxic men’ advert sparks backlash in China

June 24, 2026 • Guardian World

Summary

Dettol, a British hygiene brand, apologized after a Chinese advertisement intended to criticize "toxic men" was seen as offensive to women. The ad was removed following widespread criticism and calls for a boycott on Chinese social media.

Key Facts

  • The ad showed a man comparing his new girlfriend to a "clean and untouched" woman, implying she should have no past relationships.
  • The new girlfriend in the ad rejects the man's attitude and ends their relationship.
  • The ad ended with a message that toxic men are like germs that Dettol can eliminate.
  • Dettol said the ad aimed to challenge unfair gender attitudes and promote healthy views on relationships.
  • The company blamed a third-party agency for the ad but accepted responsibility for its content.
  • The ad was withdrawn after strong backlash on Chinese social media, with over 80 million views on Weibo.
  • Many users expressed anger and vowed to stop using Dettol products.
  • Dettol reaffirmed its commitment to respecting individual dignity and equality.
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Guardian World
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