Business

Fortnite removed from iPhone App Store as Epic Games sues

Image copyright EPic games Image caption Epic promised cheaper in-game items if players bypassed Apple’s payments Apple has removed Fortnite from its app store, essentially making one of the world’s most popular games unplayable on its devices. It came after an update that allowed players to buy in-game currency at a lower rate if they …

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US jobless claims below 1m for first time since March

Image copyright Getty Images Image caption More than 28 million Americans remain on unemployment The number of Americans filing new claims for unemployment has dipped below 1 million for the first time since March. About 963,000 people sought the benefits last week, down from nearly 1.2 million the week before, the Labor Department said. The …

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Jobs: Demand for workers picks up in early August

Image copyright SolStock Demand for workers started to pick up in the first week of August, according to recruiters, offering glimmers of hope for the UK economy. There were almost 126,000 new job adverts, the highest weekly number since the Covid crisis began, said the Recruitment & Employment Confederation. Jobs in strong demand included builders …

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Michael Jordan: Rare trainers to fetch at least $500,000 at auction

Image copyright Getty Images Image caption Michael Jordan wore the Nike Air Jordan 1 sneakers for a memorable exhibition game in 1985 A pair of trainers worn by basketball legend Michael Jordan could fetch more than $500,000 (£420,000) at an online auction on Thursday. The Nike Air Jordan 1 High sneakers, described as the “rarest …

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Coronavirus: Price cap plan for funerals shelved by CMA

Image copyright Getty Images Plans for price caps on the cost of funerals have been shelved for the time being because of coronavirus. A long-running investigation by the UK’s competition authority concluded the sector was not working well for grieving families. It found rising costs and difficulties for people to compare prices. But any plans …

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First-time buyers: Four ways the property market ‘will be tougher’

Image copyright Getty Images Official forecasts predict a fall in UK house prices with the economy in recession and jobs being lost. First-time buyers may be rejoicing about the prospect of cheaper property. Yet a report by the Resolution Foundation suggests home ownership could become increasingly “out of reach” for this group of people. It …

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