Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?

Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulation US tech stocks made a recovery Tuesday afternoon after a selloff spooked investors over AI spending. The impact of Tuesday’s midterm elections didn’t appear to have a huge impact on Wall Street, though investors are predicting Democrats get at least a majority in the House and potentially gain seats in the Senate, which could lead to more AI regulation. Continue reading...

Firm reveals details about how its cryptocurrency exchange was compromised, saying operation began in June The hackers behind the $6.3bn (£4.7bn) Binance heist used bogus job interviews, malicious software and an internal AI tool, the company has revealed. The world’s largest cryptocurrency exchange was compromised in an operation that began with an inadvertent download of malware in June, led to a recruitment scam in September, and then a raid last week of “hot wallets” where billions of dollar

Ministers propose new guided retirement scheme to help give savers protection for life Business live – latest updates Millions of private sector workers will be offered a guaranteed pension income for life under new rules designed to help them get the most out of their retirement savings. Over the past 30 years, the majority of final salary pension schemes offering a set payout for life have closed. Workers have instead saved into a scheme and arrived at retirement with a pot of money they have

Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’ Business live – latest updates Britain’s most polluting power plant could soon power the country’s largest datacentre under a £20bn deal to build AI infrastructure on the site of the Drax power plant in North Yorkshire. The power plant’s FTSE 250 owner has struck a deal with the infrastructure investor Brookfield and ⁠and the AI infrastructure platform Radiant to develop a datacentre with an