US proposes social media disclosure requirement for visitors from visa-free countries

Major private equity-backed companies in the UK are reportedly failing to meet essential financial reporting guidelines established nearly two decades ago, according to the Private Equity Reporting Group (PERG). This non-compliance raises concerns about transparency and accountability within the sector.

The US employment cost index increased by 3.5% over the past year, marking the slowest growth rate since mid-2021, with a quarterly rise of 0.8%, according to the Bureau of Labor Statistics. This data reflects the ongoing trends in labor costs amid economic fluctuations.

US labor costs growth has slowed in the third quarter, with the employment cost index rising by only 0.8%, marking the slowest quarterly increase since mid-2021. This trend reflects a cautious approach by employers amid economic uncertainties, as they manage labor expenses while navigating the current market conditions.

US home prices are expected to rise modestly as mortgage rates remain elevated, according to a recent Reuters poll. The current mortgage rates have been climbing, reaching 6.26%, which has contributed to affordability challenges for potential homebuyers in the market.

Australia has enacted a landmark ban on social media access for individuals under the age of 16, effective December 10, 2025. This legislation aims to protect minors from the negative impacts of social media, including cyberbullying and exposure to harmful content. Tech entrepreneur Jess Butcher of ScrollAware supports this move, citing the significant harms caused by these platforms and the lack of meaningful action from tech companies.

Nu Quantum, a British startup focused on developing networking infrastructure for quantum computers, has successfully raised $60 million in a Series A funding round, marking one of the largest such rounds in the UK. This investment reflects growing confidence among investors in the potential of quantum technology.

A recent survey by Ofcom revealed that UK residents are spending an average of four hours and 30 minutes online daily in 2025, which is half an hour longer than during the pandemic. This increase highlights a shift in digital consumption patterns as people continue to adapt to a more online-centric lifestyle.

A CEO of a tech startup has been charged by US authorities for allegedly defrauding a private equity firm out of $20 million. The charges highlight serious concerns regarding financial misconduct within the startup sector, particularly in how emerging companies manage investor relations and funding.