New data shows that UK computer science and economics graduates are finding fewer job opportunities in traditional roles like coding and financial analysis. Experts link this change to the growing use of AI, which can do many tasks faster and cheaper, leading graduates to seek different jobs.
Key Facts
Coding and software development jobs for graduates fell fastest in 2025.
Fewer computer science graduates are working as programmers, dropping from 40% to 28%.
The number of computer science graduates in any graduate-level job decreased from over 60% to 50% in two years.
AI is believed to reduce the need for routine coding and analysis work.
Some computer science graduates are shifting to other roles such as cybersecurity and network engineering.
Economics graduates face changing demand as finance employers adopt AI tools, affecting hiring and job roles.
The data comes from a survey of over 350,000 UK graduates about their careers 15 months after finishing university.
The University of Birmingham rose to 14th in the UK university rankings by adapting courses to include AI and data science.
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Consumer prices in the U.S. went up by 3.4% in August compared to last year. This inflation report may cause the Federal Reserve to increase interest rates. U.S. health officials announced the end of the cyclospora outbreak, and a British official reported heavy Russian troop losses in Ukraine.
Key Facts
Consumer prices increased 3.4% in August compared to the previous year.
The inflation report may influence the Federal Reserve to raise interest rates.
U.S. health officials said the cyclospora outbreak is over.
A British official stated that over 500,000 Russian soldiers have died since the Ukraine conflict began.
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Reform UK has received a record £36 million donation from British cryptocurrency billionaire Ben Delo. Delo was convicted in the US for failing to apply anti-money laundering controls and was later pardoned by President Donald Trump. This donation makes Delo the largest political donor in the UK and raises discussions about limits on large political contributions.
Key Facts
Ben Delo, a British crypto billionaire, donated £36 million to Reform UK.
Delo was convicted in 2022 in the US for insufficient anti-money laundering measures at his crypto business BitMEX.
President Donald Trump pardoned Delo after his conviction.
This donation surpasses all other UK political donations, including a previous £15 million gift to Reform UK from Christopher Harborne.
Nigel Farage leads Reform UK, which is under investigation for overseas funding and undeclared donations.
There are concerns in UK politics about the influence of very large donations, with some politicians calling for limits or caps.
Keir Starmer and Andy Burnham have recently expressed hesitation about placing limits on donations.
Delo has given over £8 million to Reform UK earlier in the year, showing growing mega-donor influence.
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The Federal Reserve is expected to raise interest rates next week because inflation is still high. Inflation stayed the same in August and is above the Fed’s goal of 2 percent, partly due to ongoing tensions with Iran.
Key Facts
Inflation did not decrease in August and remains above 2 percent.
The Federal Reserve aims to keep inflation around 2 percent.
Rising inflation increases the chance that the Fed will raise interest rates soon.
Interest rate hikes are a tool to try to reduce inflation.
The conflict with Iran is contributing to inflation staying high.
President Trump is involved in discussions about inflation and economic policy.
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Dr. Courtney Lawrence, a specialist in blood donation and transfusion, explained why she doubted the promises made by Elizabeth Holmes and her company Theranos. Theranos claimed it could change how blood tests are done, but Lawrence was skeptical from the start.
Key Facts
Elizabeth Holmes founded Theranos, a company that said it could perform complex blood tests quickly and easily.
Dr. Courtney Lawrence is an expert in blood donation and transfusion medicine.
Lawrence shared her doubts about Theranos on the CBS News program "Healthful."
She was skeptical because the technology seemed too good to be true.
Theranos eventually shut down after its promises were proven false.
The interview was conducted by Norah O'Donnell on CBS News.
The discussion focused on how medical experts viewed Theranos' claims early on.
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Diesel prices in the U.S. have reached a record high, going over $6 per gallon for the first time. This increase is raising the cost of transporting goods and may soon cause higher prices for food and other products that depend on diesel fuel.
Key Facts
The national average price of diesel topped $6 per gallon, up 60% from a year ago.
Diesel is important for many steps in the supply chain, so higher prices affect many products.
Food companies like Kroger, Smithfield Foods, and Hormel Foods expect diesel costs to push food prices higher.
Other companies such as Newell Brands face higher costs from diesel used for shipping and materials.
Energy prices increased after President Trump’s conflict with Iran led to the closure of the Strait of Hormuz, a major shipping route.
The Energy Information Administration expects diesel prices to stay higher in the coming years, with an average price of $4.40 per gallon by 2027.
Gasoline prices also rose, reaching $4.30 per gallon, a $1.11 increase from last year.
California may become the first state with average diesel prices above $8 per gallon.
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Lower-paid U.S. workers who changed jobs in July received their biggest pay raises in over three years, according to a Bank of America report. Wage growth was especially strong for hourly workers who switched jobs, while overall pay growth has slowed down for others.
Key Facts
In July, workers who switched jobs saw a 12.5% average wage increase, the highest in three years.
Most of the large pay raises went to lower-paid, hourly workers in fields like hospitality, transportation, and retail.
Lower-income households’ after-tax wages grew 4.7% year-over-year in August, faster than the 3.5% growth for higher-income households.
Nearly 25% of U.S. workers are "functionally unemployed," meaning they are underemployed, unemployed, or earn poverty wages.
The federal minimum wage has stayed at $7.25 per hour since 2009, while inflation has reduced buying power.
Higher-income workers usually get bigger pay raises if they stay at their job, while younger or lower-paid workers benefit more from switching jobs.
White-collar workers in sectors like finance and technology quit less often due to weak job growth and AI automation risks.
There is a skills mismatch that gives job seekers more power to demand higher wages, especially in jobs supporting AI technology like construction and electrical work.
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A group of workers at Rockstar Games, the makers of Grand Theft Auto, are suing the company, claiming they were fired because of their involvement in trade union activities. Rockstar says the firings were due to sharing confidential information, not union membership. The case is now being heard at an employment tribunal in Glasgow.
Key Facts
Dayne Oram, a fired Rockstar employee, said he believed workers were monitored after signing a petition about remote work.
Rockstar Games fired 34 employees in 2023, 31 of whom were based in Scotland and involved in union-related activity.
The workers helped develop Grand Theft Auto VI, which is due for release on November 19, with over $3 billion in preorders.
The dispute centers around a Discord forum where workers discussed company issues, and where confidential information was allegedly shared.
Rockstar denies firing employees because of union activity and says dismissals were for gross misconduct.
The case is expected to last six weeks, with witness testimony scheduled for October.
Current Rockstar employees are still negotiating for official union recognition before the GTA VI launch.
The tribunal is being held in Glasgow with Judge Lucy Wiseman presiding.
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Money from Roman Abramovich’s sale of Chelsea Football Club has earned at least £175 million in interest while frozen in a UK bank account. The £2.5 billion from the sale remains locked due to legal disputes, with the UK government wanting the funds used to help victims of the war in Ukraine.
Key Facts
Roman Abramovich sold Chelsea FC in May 2022 for £2.3 billion.
The money is frozen in a Barclays bank account because of UK government sanctions on Abramovich.
The funds have grown to nearly £2.5 billion due to accumulated interest of about £175 million by 2024.
Abramovich promised to donate the money to help people affected by the war in Ukraine but has not released the funds.
A legal dispute is ongoing between Abramovich and the UK government over how the money should be used.
There is an investigation by Jersey authorities into the original source of Abramovich’s wealth related to possible corruption and money-laundering.
Uncertainty exists over £1.4 billion in loans linked to Abramovich’s offshore companies that may reduce the total donation.
The UK government is preparing legal action to ensure the money helps vulnerable people in Ukraine.
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The Consumer Price Index (CPI) rose more than expected in August, increasing the chance that the Federal Reserve will raise interest rates in September. Rising energy prices, especially gasoline, are pushing inflation up, which may lead the Fed to increase borrowing costs to try to control inflation.
Key Facts
August’s inflation rate was 3.4% annually, slightly higher than the 3.3% forecasted.
Gasoline prices rose 27.4% over the past year, causing one-third of the monthly inflation increase.
Core prices, which exclude gas and food, increased 0.3% in August, showing inflation is spreading beyond energy.
The chance of a rate hike at the Fed meeting on September 16 rose to nearly 90%.
The Fed is expected to raise interest rates by 0.25 percentage points to a target range of 3.75% to 4%.
Higher interest rates will make loans like mortgages and credit cards more expensive but may benefit savers with better returns.
Rising oil prices, above $100 a barrel, and diesel costs over $6 a gallon are adding pressure to inflation.
Conflicts in the Middle East and the Russia-Ukraine war are affecting oil supply and prices, contributing to inflation.
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Care is essential not just for families but for the economy because it enables people to work, learn, and stay independent. Many people, especially women, leave the workforce due to care responsibilities, and lack of access to care services leads to large economic costs worldwide.
Key Facts
In 2023, 748 million people were out of the global labor force because of care duties; 708 million of them were women.
The International Labour Organization says a good care system supports families, strengthens workers, and boosts productivity.
Vision problems affect at least one billion people globally, causing an estimated $411 billion loss in productivity each year.
When people can’t get needed care, family members often provide help, which can reduce their ability to work or do other activities.
Lack of care services, like childcare or long-term care, forces families to fill gaps, affecting household income and well-being.
Barriers to care include distance, high costs, few providers, and poor awareness, especially in low-income countries.
Care should be seen as part of a country’s infrastructure, similar to roads or electricity, because it supports daily life and economic activity.
Access to care depends on affordability, availability, understanding, and ongoing support, not just having solutions available.
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A UK thinktank suggests taxing self-driving cars now to reduce traffic and offset job losses in taxi and private hire sectors. They warn that without early taxes, congestion will rise and fuel duty revenue will drop as more electric and autonomous vehicles appear.
Key Facts
The first self-driving robotaxis started operating in London this month.
Up to 40% of cars sold in the UK may have self-driving features by around 2035.
Hundreds of thousands of taxi and private hire jobs in England risk disappearing due to autonomous vehicles (AVs).
Increased use of self-driving cars may raise traffic congestion and reduce use of public transport.
Fuel duty currently raises about £27 billion a year but may vanish as electric vehicles replace petrol cars.
The thinktank recommends a tax of about 88p per mile on AVs by 2050, which could bring in £47 billion annually.
UK tech firm Wayve and unions representing drivers disagree with the tax, citing harm to innovation and insufficient support for affected workers.
Robotaxi services are also expanding internationally, including in the US, China, UAE, and Croatia.
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Diesel prices in the U.S. have risen above $6 per gallon, reaching a new high. This increase is linked to disruptions in fuel supply caused by conflict involving Washington and Iran. Higher diesel costs are making transportation more expensive, which affects the price of many everyday goods.
Key Facts
Diesel prices in the U.S. averaged about $6.06 per gallon recently.
This price is up from $5.85 just one week earlier.
One year ago, diesel cost around $3.71 per gallon.
The rise is partly due to tensions between the U.S. and Iran affecting fuel supply.
Diesel fuel is crucial for freight and delivery services.
Higher diesel costs increase the cost of transporting goods.
Some businesses have added fees to online orders and mailed packages because of higher shipping costs.
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Experts expect the Federal Reserve to keep interest rates steady or possibly raise them at its meeting on September 15-16. Recent inflation data showed prices rising more than expected, which makes a rate cut unlikely soon.
Key Facts
The Producer Price Index (PPI) rose 0.4% in August, with an annual increase of 5.4%.
The Consumer Price Index (CPI) also rose 0.4% in August, with core CPI up 0.3%.
Inflation remains above the Fed’s 2% target.
Some economists predict the Fed will hold rates steady to watch inflation and labor market trends.
Others expect a rate hike due to continued strong inflation and economic conditions.
The Federal Open Market Committee meets on September 15 and 16 to decide on interest rates.
Fed Chair Kevin Warsh and Governor Christopher Waller have indicated a willingness to wait for more inflation data before changing rates.
Policymakers focus on longer trends in inflation and employment, not just one month’s data.
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A $10,000 investment in a 3-year certificate of deposit (CD) currently offers interest rates between 4.35% and 4.50%, providing a predictable return. Over three years, this investment could earn between about $1,363 and $1,412 in interest if left untouched.
Key Facts
CDs are a safe way to save money, offering fixed interest rates for a set period.
The top 3-year CD rates now range from approximately 4.35% to 4.50%.
A $10,000 deposit at 4.50% interest compounded annually could earn $1,411.66 in three years.
Even small differences in interest rates affect total earnings over time.
CDs lock in the interest rate, protecting against future rate drops.
Other factors beside interest rates, like early withdrawal penalties and minimum deposits, also matter.
Higher rates may be available at online banks or credit unions, so it’s good to compare options.
CDs require you to keep the money deposited for the full term to maximize returns.
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Some brands and supermarkets have started selling canned jack mackerel instead of traditional Atlantic mackerel because of overfishing. Although labeled, jack mackerel is different in taste, nutrition, and cost, but sold at similar prices, raising concerns about consumers being misled.
Key Facts
Overfishing has reduced Atlantic mackerel availability, leading brands like Princes and Lidl to replace it with jack mackerel in canned products.
Jack mackerel is a different fish species with a different flavor, texture, and fewer omega-3 fatty acids than Atlantic mackerel.
Jack mackerel is cheaper to buy but is sold at about the same price as traditional mackerel.
The UK Department for Environment, Food and Rural Affairs recently changed labeling rules to allow jack mackerel to be marketed under that name.
Consumer group Which? calls this practice “skimpflation,” where products shrink or change but prices stay high.
Marine Conservation Society rates northeast Atlantic mackerel as a "fish to avoid" due to overfishing risks.
Princes says it will return to Atlantic mackerel if sustainable fishing and certification improve.
Lidl uses MSC-certified Chilean jack mackerel and reviews sourcing based on sustainability science.
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Sometimes a credit card company stops contacting you about unpaid debt, but this doesn’t always mean you don’t owe money anymore. The company might have changed how it handles your account, such as charging off the debt, sending it to a collection agency, selling it to a debt buyer, or temporarily pausing collection efforts.
Key Facts
Credit card issuers usually charge off accounts after about 180 days without payment.
A charge-off means the account is marked as a loss for the company, but you still owe the debt.
The credit card company might transfer the debt to a collection agency, causing a gap in communications.
Sometimes, the debt is sold to a debt buyer, and the new owner begins collection efforts.
Temporary pauses in collection calls or notices can happen for various reasons, like company strategy changes.
Even if collection contact stops, the debt may still be pursued later or result in legal action.
Rising credit card balances combined with high interest rates and inflation make paying off debt harder for many people.
Borrowers who fall behind on payments often face repeated calls, texts, and mail demanding payment before collection stops.
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A former Rockstar North employee, Dayne Oram, told a tribunal that some staff were put on a "watch list" after signing a petition about remote working and union activities. Rockstar denies this and says the employees were fired for sharing confidential information online, not for union involvement.
Key Facts
Dayne Oram claims Rockstar North monitored employees who were union members after a petition was handed in spring 2023.
Oram and others say they were fired in October 2025 for trying to unionize.
Rockstar says the firings were due to "gross misconduct" related to sharing confidential company information on an online forum.
About 34 workers were fired, mostly at Rockstar’s Edinburgh office, with others in Canada.
Around 150 employees signed the remote working petition; 15-20 were union members.
Oram helped create a Discord forum for about 300 Rockstar employees to discuss the company.
The tribunal discussed whether some forum posts were unprofessional or gross misconduct.
Rockstar denies firing employees because of union activities and says they acted due to confidentiality breaches.
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Michael O'Leary, the Ryanair CEO, called other airlines "high-fare rapists" to criticize their expensive ticket prices and refused to apologize after a rape crisis center asked him to. Officials and the crisis center said his language was inappropriate and upsetting, but O'Leary said he did not mean to make light of rape and declined to apologize or accept training.
Key Facts
O'Leary called rival airlines like British Airways and Lufthansa "high-fare rapists" due to their high ticket prices.
The Dublin Rape Crisis Centre (DRCC) asked him to apologize, saying his words upset sexual violence survivors.
O'Leary refused to apologize and said he did not trivialize the crime of rape.
Irish Deputy Prime Minister Simon Harris and UK Transport Secretary Heidi Alexander criticized O'Leary’s comments.
DRCC offered O'Leary training on the impact of sexual violence, which he declined.
O'Leary has a history of making controversial statements about his business and staff.
Ryanair recently stopped charging parents to sit next to their children after an investigation.
The incident happened just before Ryanair’s annual meeting with shareholders.
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The Albanese government has canceled plans to introduce new laws that would require companies to reduce plastic packaging waste. The government said it wants to avoid increasing costs for consumers due to ongoing cost of living pressures. Environmental groups and industry leaders criticized the decision, saying it delays efforts to tackle plastic pollution.
Key Facts
The government dropped a previously planned packaging law aimed at cutting plastic waste.
The decision was made to avoid raising costs for consumers before the next election.
Packaging makes up nearly 60% of all litter found in Australia.
The proposed laws would have required producers to manage packaging waste through its full life cycle.
Environmental and industry groups strongly opposed the shelving of the reforms.
The government plans to work with states on improving packaging rules but will not launch a new national scheme this term.
Leaders from recycling and conservation groups say clearer, national packaging rules are needed to reduce pollution and support recycling.
The decision has caused widespread disappointment among stakeholders concerned with plastic waste and recycling.
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