Tour de France Femmes 2025: Squiban storms to another win on stage seven – as it happened
Trump steps up attacks on Fed’s independence amid interest rates row
Donald Trump called on top Federal Reserve officials to seize control from its chair, Jerome Powell, if he fails to cut interest rates, stepping up his extraordinary attacks on the central bank’s independence.The US president called Powell “a stubborn MORON” in a series of critical social media posts on Friday, days after the Fed held rates steady for the fifth consecutive time.It comes as Trump faces heightened questions over the impact of his aggressive economic policy, and the White House presses forward with plans for a fresh wave of tariffs next week.Hours before the federal government released data which underlined a significant deterioration in the jobs market, Trump again broke with precedent to pin blame on the Fed – and urge it to change course.“Jerome ‘Too Late’ Powell, a stubborn MORON, must substantially lower interest rates, NOW,” Trump wrote on Truth Social, his social network
Barclays follows HSBC in exit from banking industry’s net zero alliance
Barclays has become the second UK bank to withdraw from a UN-backed net zero target-setting group, claiming that a wave of defections by international lenders meant it was no longer fit for purpose.It marks a fresh blow for the Net-Zero Banking Alliance (NZBA), after HSBC left in early July. It came months after a wave of exits by US banks, which departed in the run-up to Donald Trump’s inauguration in January.Lenders and other finance firms have come under fresh pressure over their green commitments as a result of Trump’s return to the White House, which caused a climate backlash as he pushed for higher production of oil and gas.The UN environment programme’s finance initiative, which is led by banks, required members to ensure their lending, investment and capital markets activities would lead them to hitting net zero emissions targets by 2050 or earlier
UK Online Safety Act risks ‘seriously infringing’ free speech, says X
Elon Musk’s X platform has said the UK’s Online Safety Act (OSA) is at risk of “seriously infringing” free speech as a row deepens over measures for protecting children from harmful content.The social media company said the act’s “laudable” intentions were being overshadowed by its aggressive implementation by the communications watchdog, Ofcom.In a statement posted on the platform, X said: “Many are now concerned that a plan ostensibly intended to keep children safe is at risk of seriously infringing on the public’s right to free expression.”The UK government hit back, saying it was “demonstrably false” to claim the act compromised free speech, and pointing to its provisions on protecting freedom of expression.X added in its statement that the freedom of speech risk would not be a surprise to the UK government because by passing the OSA, lawmakers had made a “conscientious decision” to increase censorship in the name of “online safety”
Apple quietens Wall Street’s fears of China struggles and slow AI progress
Apple has been under pressure this year. It’s playing catch-up to its fellow tech giants on artificial intelligence, it’s seen its stock fall by double digits since the year began, it closed a store in China for the first time ever this week, and looming US tariffs on Beijing threaten its supply chain. On Thursday, the company released its third-quarter earnings of the fiscal year as investors scrutinize how the iPhone maker might turn things around.Despite the gloomy outlook, the company is still worth more than $3tn, and it beat Wall Street’s expectations for profit and revenue this quarter. Apple reported a huge 10% year-over-year increase in revenue to $94
Gus Atkinson punches ticket to Ashes as obvious key peg in England’s attack | Barney Ronay
Don’t talk about the Ashes. Don’t talk about the Ashes. Don’t. Talk. About the Ashes
Itoje leads Lions on history chase with echoes of former Sydney glories in air
Australia will have other ideas but Andy Farrell’s team are intent on sealing the clean sweep with a triumph that would stand the test of timeAs the 2025 British & Irish Lions prepare for their last hurrah there are distant echoes of former glories in the damp Sydney air. A highly respected English lock forward leading out a history-chasing team in the same stadium which staged the 2003 Rugby World Cup final? It is not the worst of precedents for Maro Itoje as he and his modern-day Lions await their third and final date with destiny.Itoje and his squad would also dearly love to rekindle memories of another significant contest in this city. The decisive concluding Test of the 2013 Lions series was a classic example of a touring side saving its best until last, with a tiring Wallaby side eventually losing 41-16 after a certain assistant coach called Andy Farrell had urged the players to take their hosts to “the hurt arena”.This time around, among other things, Farrell has been invoking the never-say-die ethos of the Irish boxer Katie Taylor, who was asked to record a few motivational words for the Lions
Amazon fails to calm tariff worries with worse-than-expected financial outlook
How will Australia’s under-16s social media ban be enforced, and which platforms will be exempt?
Met police to more than double use of live facial recognition
Zuckerberg claims ‘superintelligence is now in sight’ as Meta lavishes billions on AI
Wall Street delighted with Microsoft as it spends $100bn on AI
YouTube to gauge US users’ ages with AI after UK and Australia add age checks