Yes, retail investment needs a boost – but the squirrel looks too tame | Nils Pratley

Red squirrel characters have a history in the public information game. Older UK readers may recall Tufty, who taught children about road safety in the 1970s. His chum, Willy Weasel, regularly got knocked down by passing cars but clever Tufty always remembered to look both ways.Now comes Savvy Squirrel, who, with backing from the chancellor and a multi-year lump of advertising spend from the financial services industry, will try “to drive a step-change in how investing is understood, discussed and adopted”, as the blurb puts it. In translation: don’t squirrel everything away in a boring cash Isa but try taking an investment risk or two if you value your long-term financial health

Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last? | Greg Jericho

A funny thing happened on the way to the budget: changes to capital gains tax and negative gearing, which had for years been a no-go zone, are now looking likely.One of the first times I wrote about negative gearing was in 2015 when I covered the then treasurer Joe Hockey appearing on Q+A. He said negative gearing was needed because when the Hawke government scrapped it in the 1980s rental prices rose.He was wrong (and to be honest, this was not unusual – a lot of my columns back then involved arguing Joe Hockey was wrong). While rental price growth went up in Sydney and Perth, it didn’t in Melbourne, Brisbane or Adelaide

Tesla reports mixed financial results as Musk pivots automaker to AI and robots

Tesla reported its first-quarter earnings on Wednesday, disclosing some better-than-expected results but faltering in some key areas. The report failed to significantly buoy Tesla’s stock, which has limped along this year while its CEO, Elon Musk, has tried to sell the company’s new vision of humanoid robots and self-driving robotaxis. Its core car business has struggled in the face of competition from Chinese counterparts and backlash against his close involvement with the Trump administration.“There remains significant effort and hard work to realize our mission of Amazing Abundance,” Tesla said in its report, while claiming that demand for its vehicles was rebounding.Tesla revealed earnings of 41 cents a share on Wednesday after market close, more than the 37 cents per share that Wall Street expected

What is Mythos AI and why could it be a threat to global cybersecurity?

Anthropic has ruled out releasing its latest AI model, Mythos, to the public because of the threat it poses to global cybersecurity.However, the US tech startup behind the Claude chatbot confirmed on Wednesday it was investigating a report that a group of people had gained unauthorised access to Mythos. The alleged incident has raised concerns over the pace of development and the ability of tech companies to keep their riskiest products out of the public domain. Here, we examine Mythos and its potential impact.Mythos is an AI model – the underlying technology that powers tools such as chatbots – that, according to Anthropic, represents a serious potential threat to any organisation’s cybersecurity

Bournemouth 2-2 Leeds, Charlton 1-2 Ipswich: football clockwatch – as it happened

Time to sign off; I’ll leave you with Sam Cunningham’s match report from the Vitality Stadium. Thanks for joining me.Jamie Jackson watched as Manchester City won at Burnley to go top of the league …Ed Aarons was at the Valley to see Ipswich dig out a vital win:Championship table: Ipswich edge back into second place but Millwall, Southampton and Middlesbrough can all still claim automatic promotion. Oxford are not quite down after Charlton failed to take a point from their game tonight.Premier League table: Manchester City are top on goals scored, Bournemouth climb above Chelsea, and Burnley are relegated

‘For billionaires, not boxers’: De La Hoya warns over Ali Act overhaul in Senate hearing

A US Senate hearing on the future of boxing laid bare a sharp divide over the sport’s direction on Wednesday, as longtime boxing figures including Oscar De La Hoya warned of proposed changes that could erode fighters’ rights while executives aligned with an Ultimate Fighting Championship-backed push for a centralized model argued they would bring structure and investment.“When one system controls access, choice becomes theoretical, not real,” professional boxer Nico Ali Walsh told lawmakers, framing the stakes of a debate that could dramatically reshape boxing’s economic model. “When that happens, you fight who you’re told to fight or you don’t fight at all.”At issue is a House-passed overhaul of the Muhammad Ali Boxing Reform Act that would allow the creation of centralized “Unified Boxing Organizations” (UBOs) operating alongside the current fragmented system. Supporters say the approach would simplify matchmaking and attract investment