The Bank of England is anticipated to hold its key interest rate at 5.25% for a fifth successive meeting, a decision that would keep borrowing costs at their highest level since early 2008. Analysts point to persistent inflation pressures and cautious economic growth as primary drivers behind the Monetary Policy Committee's expected stability.
Apple is preparing to increase product prices, as outgoing CEO Tim Cook stated that the escalating cost of memory chips, driven by artificial intelligence demand, has become "unsustainable." The exact timing and affected products remain undisclosed, though the upcoming iPhone 18 could be impacted.
Concerns over pedestrian safety and potential job losses have prompted calls for a ban on autonomous delivery robots in Chicago, with a petition gaining thousands of signatures. Similar restrictions are already in place in Toronto and parts of San Francisco, highlighting a growing public backlash against the unregulated deployment of these vehicles.
