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Markets bet rates will rise to 4% in November and 5% by end of next year after shock fall in unemployment

Office for National Statistics data suggested that while the jobs market remains muted, a rate hike from 3.75% to 4% is almost certain in November.

Markets bet rates will rise to 4% in November and 5% by end of next year after shock fall in unemployment

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

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Starlink's subscriber growth missed. Its profits didn't.

SpaceX's Starlink beat earnings estimates while missing its subscriber growth. The company is looking to become a challenger in the mobile arena.

  • Starlink's subscriber growth missed target at 13.6 million
  • Enterprise and government revenue jumped 91% to $2.1 billion
  • SpaceX acquires wireless spectrum to challenge major carriers

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