UK economy returned to growth in May | Office for National Statistics

The UK economy returned to growth in May after a slowing April, resuming its recovery from last year’s recession. Britain’s gross domestic product (GDP) grew 0.4% month-on-month, after registering zero growth in April when wet weather hit consumer spending, according to figures from the Office for National Statistics (ONS). City economists had expected growth of […]

San Francisco office vacancies hit all-time high — despite Silicon Valley AI boom

More than a third of San Francisco’s offices remain vacant, even as the artificial intelligence boom has boosted share prices for Silicon Valley-based tech giants, according to the report. Real estate firm Cushman & Wakefield said vacancy rates for office space in San Francisco hit a record high of 34.5% in the second quarter, up […]

‘Despicable Me 4’ takes over box office with $122.6M debut amid summer moviegoing boom

“Despicable Me” topped the box office for the holiday weekend, grossing $75 million from tickets sold Friday through Sunday and $122.6 million since its release on Wednesday, according to studio estimates. The animated sequel’s success continues a strong summer moviegoing streak that included Sony’s “Bad Boys 2,” Pixar’s “Inside Out 2” and Paramount’s prequel “A […]