Traders now fully price in four Bank of England rate hikes, the first time they have done so since March.

Secretary of State Rubio told MSNBC he currently has "no plans" to run for president in 2028 but did not rule out a future bid, saying he is "100% focused" on his current job. Rubio, who is also serving as acting national security adviser to President Trump, has privately told associates the same and said he enjoys the secretary of state role and is keeping his options open. As Republicans seek post‑Trump leadership, Rubio and Vice President Vance are being viewed as potential contenders.

Two people familiar with the matter said the U.S. Department of Justice is investigating whether NVIDIA sought to evade antitrust review in last year’s deal with AI chipmaker Groq. Groq described the transaction as a "non-exclusive license agreement" allowing NVIDIA to use chips Groq developed for AI workloads. As part of the arrangement, Groq CEO Jonathan Ross and COO Sunny Madra joined NVIDIA. Regulators note similar licensing-plus-hire deals can be used to sidestep automatic merger reviews designed to assess competitive harm.