President Trump called Hungarian Prime Minister Viktor Orban on Monday to win his support for Ukraine to join the European Union (EU), a conversation that came after discussions with European leaders who were at the White House, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The talk with Orban, one of the staunchest Trump allies in Europe, resulted from the president’s Monday deliberations with European leaders who were in Washington, along with Ukraine’s President Volodymyr Zelensky.
The top European officials asked if the president could utilize his sway over the Hungarian prime minister to force the nationalist leader to do away with his opposition to Ukraine’s joining the EU, a goal Kyiv has long sought, the outlet reported.
Hungary expressed willingness to host the next summit, featuring both Zelensky and Russian President Vladimir Putin. Trump has backed the idea of a Putin-Zelensky summit, after which a trilateral meeting would take place between the two leaders and the U.S. president.
The location and timing for the meeting are unclear.
The White House is eyeing a trilateral meeting between Trump, Putin and Zelensky in Budapest, Politico reported on Tuesday, citing a White House official and another person close to the administration.
Orban, who has a warm relationship with Putin, has tried to block or delay the EU’s attempts to send weapons to Ukraine in the past, along with, at times, objecting to sanctions against the Kremlin.
Neither the White House nor Orban’s office has commented on the call.
Orban said on Tuesday on Facebook that Ukraine’s membership in the EU “does not provide any security guarantees,” therefore, “linking membership with security guarantees is unnecessary and dangerous.”
Trump’s call with Orban came the same day as the president’s discussion with Putin, which lasted about 40 minutes and took place without European leaders or Zelensky being in the room with the commander-in-chief.
The gathering of European officials and Zelensky in Washington on Monday came just days after Trump, along with Secretary of State Marco Rubio and special envoy Steve Witkoff, met with Putin, alongside two other Russian officials, on Friday in Alaska.
Rubio now leads the recently formed joint commission that will work on drafting a security guarantees proposal for Ukraine. The commission is made up of U.S., European, Ukrainian and NATO officials.
Trump, who has pushed to end the Russia-Ukraine war, the conflict that has raged for about three-and-a-half years, signaled openness to providing air support for Ukraine as part of security guarantees.
“We’re willing to help them with things, especially, probably, if you talk about by air because nobody has stuff we have,” the president said Tuesday.
Working for your mom or dad’s employer pays off. Young upstarts who have a parental connection initially make 24% more money in their first job when compared to peers without the same advantage.
The surprising part: Nepotism isn’t all Hollywood deals and Wall Street gigs.
The pay differential can largely be explained by kids who might’ve otherwise worked in unskilled labor if not for their parents hooking them up with high-paying, blue-collar jobs, according to Matthew Staiger, a research scientist for Opportunity Insights at Harvard University.
“The set of children who end up working for their parents’ firms are people who tend to have pretty limited outside options,” Staiger said of his research, which was recently highlighted in a US Census Bureau article. “These are people who might not have gone to college and, absent help from their parents, would end up working at something like a fast food restaurant.”
But thanks to their connections, the workers were steered toward higher-paying, blue-collar industries, like construction and manufacturing. For example, government data shows fast food and counter workers earn a mean annual wage of $30,110, while construction laborers earn a mean of $49,280, and production workers earn $41,400. Managers in those fields can makefar more — over $100,000.
“There are lots of blue-collar jobs out there that are quite high paying,” Staiger said. “The people who are really benefiting from these are children of parents who have relatively high incomes but are working at something like a manufacturing plant.”
Indeed, Staiger found that people with higher-earning parents are more likely to work for their mom or dad’s boss and experience larger earnings gains. Overall, kids working with their parents see an annual earnings boost of $6,683 in their first year on the job, with that premium sliding to $5,566 in the third year of employment, or 20% more.
For his research, Staiger utilized data from the 2000 decennial census and the Census Bureau’s Longitudinal Employer-Household Dynamics program, which “tells you, for almost everyone in the US, how much they earn each quarter and where they work.” He examined a sample of approximately 32 million people who lived with a parent and graduated from high school between 2000 and 2013.
Staiger found that it’s not uncommon for children to go on to work for their parents’ employers — almost a third of young workers do so by the time they reach 30, and 5% do so for their very first job. People who don’t go to college are much more prone to work for their parents’ firms, Staiger said, with people without a degree being twice as likely to work for their mom or dad’s employer when compared to even their college-educated siblings.
The connections disproportionately benefit higher-income families, though, perhaps because parents in more lucrative leadership positions in blue-collar fields can provide better access to jobs.
Still, the families benefiting have been pinched by other market conditions, Staiger noted. High-paying manufacturing jobs aren’t as prevalent in the US as they used to be, for instance, and the sector overall has shed millions of jobs since peaking in 1979 at 19.6 million workers.
“On the one hand, you can think of these parental connections as being unfair,” Staiger said. “On the other hand, it’s kind of like a little win for a group of people who have been hammered by various labor market shocks over the last several decades.”
Emma Ockerman is a reporter covering the economy and labor for Yahoo Finance. You can reach her at emma.ockerman@yahooinc.com.
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel.
“The president wants to put America’s needs first, both from a national security and economic perspective,” White House press secretary Karoline Leavitt told reporters.
The potential deal could involve swapping government grants for Intel shares, according to US Commerce Secretary Howard Lutnick.
The highly unusual move could help Intel as it struggles to compete with rivals like Nvidia, Samsung and TSMC, particularly in the booming artificial intelligence (AI) chip market. Intel has been contacted by the BBC for comment.
The US wants a stake Intel in exchange for grants approved during the Biden administration, Lutnick said on CNBC on Tuesday.
“We should get an equity stake for our money,” he added. “We’ll get equity in return for that… instead of just giving grants away.”
The potential deal, which was first reported last week, aims to help Intel build a flagship manufacturing hub in the US state of Ohio. At the time, a White House spokesman told the BBC that the reports “should be regarded as speculation” unless officially announced.
Last week, Intel did not comment directly about reports but said it was “deeply committed to supporting President Trump’s efforts” to strengthen manufacturing and technology in the US.
On Monday, Japanese investment giant Softbank said it would buy a $2bn (£1.5bn) stake in Intel, in a move that some analysts said is a sign of confidence in the firm’s turnaround.
After that announcement,the firm’s shares rose by almost 7% in New York on Tuesday.
Intel is one of the few US companies capable of producing high-end semiconductors at scale but the company has fallen behind global rivals.
The government potentially taking a stake in Intel reflects the firm’s “unique position” as America’s main producer of high-end chips domestically, said Dan Sheehan from Telos Wealth Advisors.
But political involvement could slow down decision making and shift priorities, adding challenges to an already tough turnaround for Intel, said Mr Sheehan.
Some other experts have expressed concerns over the potential deal and whether companies may be pressured to follow political agendas.
The developments came as the US chip industry is under intense scrutiny by the White House.
Last week, Nvidia and AMD agreed to pay the US government 15% of their Chinese revenues as part of an unprecedented deal to secure export licences to China.
Mistakenly deported man Kilmar Abrego Garcia is moving to dismiss his criminal case in Tennessee, arguing he was the subject of a vindictive and selective prosecution by the Trump administration.
The motion is filed by those who feel they have been unfairly singled out by prosecutors and charged when others similarly situated would not have been.
“Kilmar Abrego Garcia has been singled out by the United States government. It is obvious why. And it is not because of the seriousness of his alleged conduct. Nor is it because he poses some unique threat to this country. Instead, Mr. Abrego was charged because he refused to acquiesce in the government’s violation of his due process rights,” his attorneys wrote.
“Rather than fix its mistake and return Mr. Abrego to the United States, the government fought back at every level of the federal court system. And at every level, Mr. Abrego won. This case results from the government’s concerted effort to punish him for having the audacity to fight back, rather than accept a brutal injustice.”
The filing details what they see as a number of irregularities in the case, from a lead prosecutor resigning over concerns the case was being brought for political reasons to the government’s star witness in the case being given work authorization after a history of being repeatedly deported.
Abrego Garcia, who was protected from removal to his native El Salvador in 2019 by an immigration judge, was nonetheless sent to a notorious megaprison in the country in a move a Justice Department attorney said was due to an administrative error. The department later fired the attorney who made the admission.
After months of legal battles by his family to secure his return — including claims by the Trump administration that it had no power to retrieve him from the Salvadoran government — Abrego Garcia was returned to the U.S. to face criminal charges.
Abrego Garcia is currently facing human trafficking charges related to a 2022 traffic stop in Tennessee, during which he was pulled over for speeding and seen transporting men without luggage.
The indictment alleges Abrego Garcia falsely told the officer he was driving construction workers from St. Louis, but he was actually on one of his trips transporting migrants without legal status.
The latest filing from Abrego Garcia’s legal team notes that he was neither ticketed nor charged as a result of the stop and that the Tennessee Highway Patrol never further investigated the matter.
“The traffic stop took on new importance for the government in April and early May of this year, when it had the newfound desire to punish Mr. Abrego. Thus, it became the centerpiece of the government’s fledgling investigation,” they wrote.
The filing notes that the Trump administration made deals with those now accusing Abrego Garcia of human trafficking, including a man who was not legally present in the U.S. and had been repeatedly deported.
“The government has gone to extreme lengths to make a criminal case against Mr. Abrego. The government located and sought cooperation from multiple alleged co-conspirators who have already been sentenced, and who are cooperating down on Mr. Abrego, allegedly a mere driver in a smuggling conspiracy. The government’s star cooperator is a convicted leader of a human smuggling business who has three other felony convictions and was deported five times,” they wrote.
“The government arranged for him to be released early from a 30-month sentence to a halfway house, notwithstanding his five prior deportations, and to receive work authorization, all as an inducement to cooperate against Mr. Abrego, an alleged subordinate.”
The filing also relies heavily on the whistleblower disclosures of the fired Justice Department attorney, Erez Reuveni.
Those documents show Trump administration officials looking for ways to cast Abrego Garcia as a gang member even as U.S. Immigration and Customs Enforcement (ICE) officials struggled to do so.
“Within days of Mr. Abrego’s complaint, on March 27, officials discussed the possibility of requesting his return from El Salvador; they also discussed the possibility of claiming that he was a member of MS-13. But ICE officials struggled to provide evidence supporting that claim,” Abrego Garcia’s attorneys wrote.
“Indeed, when an official from the State Department remarked that records purportedly supporting ICE’s MS-13-affiliation claim contained ‘a lot of info on that incident being pulled over in Tennessee that led to no citation, and very little on why he’s believed to be a member of MS-13,’ an ICE official responded ‘I think this may be all they have.’”
Cisco Systems, Inc. (NASDAQ:CSCO) is one of the AI Stocks Making Headlines This Week. On August 14, KeyBanc analyst Brandon Nispel reiterated an Overweight rating on the stock with a $77.00 price target. The firm cited artificial intelligence growth behind the rating affirmation.
KeyBanc noted how Cisco’s results beat expectations, with the Networking segment’s outperformance offsetting weaker results in the Security division.
It also said that it believes that investors should look past the company’s public sector weakness, focusing instead on growth opportunities in Hyperscaler/Enterprise AI, Neoclouds, and Sovereign cloud initiatives that may make up for the softness.
A network analyst in front of a wall of screens analyzing financial data.
“Results beat expectations, with strong outperformance in Networking, partially offset by weaker Security. With guidance for FY26 being set in line with consensus at 5% y/y growth, we think there is a degree of conservatism as product order growth remains healthy at 7%. We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like CSCO for these drivers of growth, and when paired with a mix shift toward software/ subscription over time, healthy FCF growth, and shareholder returns, we believe a premium to historical valuations is warranted.”
While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
Stephen joined ESPN in 2022, covering the Indianapolis Colts and NFL at large. Stephen finished first place in column writing in the 2015 Indiana Associated Press Media Editors competition, and he is a previous top-10 winner in explanatory journalism in the Associated Press Sports Editors national contest. He has chronicled the NFL since 2005, covering the Tampa Bay Buccaneers from 2005-2013 and the Colts since 2013. He has previously worked for the Miami Herald, Tampa Bay Times, Indianapolis Star and The Athletic.
Jeremy Fowler is a senior national NFL writer for ESPN, covering the entire league including breaking news. Jeremy also contributes to SportsCenter both as a studio analyst and a sideline reporter covering for NFL games. He is an Orlando, Florida native who joined ESPN in 2014 after covering college football for CBSSports.com.
Aug 19, 2025, 08:17 PM ET
INDIANAPOLIS — Anthony Richardson arrived at Indianapolis Colts headquarters the day after the 2023 NFL draft buoyed by optimism and the confidence that comes with being the fourth selection.
The Colts were saying, both in words and actions, that they believed he would become their franchise quarterback. And when coach Shane Steichen named him their opening day starter after Richardson had played just one quarter of preseason football, the Colts seemed to reinforce that they were committed to going on an unpredictable ride with their talented but inexperienced 21-year-old draft pick.
Now, just 2½ years later, those days feel like ancient history.
The Colts on Tuesday named Daniel Jones their Week 1 starter, bringing to a conclusion a tight position battle between Jones and Richardson — two former top-10 picks with mixed histories.
The news opens the door for Jones, the former New York Giants quarterback, to rejuvenate his career on a team with a solid roster. But for Richardson, it’s a potentially devastating blow to his future with the franchise and leaves multiple questions about where he goes from here.
Colts reporter Stephen Holder and national reporter Jeremy Fowler break it down:
Is this the beginning of Richardson’s exit from Indy?
It might be too early to say, but this certainly makes an eventual split more likely. Richardson prepared for 2025 with the expectation that it was going to be the season that dictated his future with the team. The decision to start Jones left Richardson shocked, his agent said Tuesday. Now, every potential outcome is considered to be on the table, according to agent Deiric Jackson.
“We have a lot to discuss,” Jackson said.
If Richardson doesn’t play this season — Steichen was adamant that the intention is for Jones to be the permanent starter — that means he’ll be three full seasons into his career with only one season’s worth of games played. This isn’t the first time the Colts have turned to an option other than Richardson; they also briefly benched him in favor of veteran Joe Flacco last season before returning to Richardson two games later. It’s difficult to envision the Colts making any sort of commitment to a player after twice opting to play someone else. — Holder
What would the market be if the Colts looked to trade Richardson?
It’s tricky for potential trade suitors to assess because this is so fresh, and the Colts likely want to keep him. But those consulted Tuesday night agree he would have some market.
“It’s hard to say — the play and the injuries have been bad enough that it’s a hard one, but if a team had a real need and since he has plenty of team control left [under contract until at least 2026], he should have something,” an AFC executive said.
Another NFL personnel administrator mentioned Trey Lance as a potential comp from a situational standpoint — a shaky quarterback outlook after two years with the team that drafted him in the top five. Lance netted a fourth-round pick for San Francisco in a trade with Dallas. And Richardson has a higher ceiling.
But this is a supply-and-demand issue: The Saints are the lone team without a starting quarterback, and they are close to naming one. — Fowler
How did Jones beat Richardson for the starting spot?
Steichen emphasized the decision was based more on the nuances of playing the position, like “the operation at the line of scrimmage, the checks, the protection, the ball placement, the completion percentage.”
Some of those are areas where one might expect a seven-year veteran to be better than a third-year player who has played only sporadically. But in basing the decision more on those aspects and less on Richardson’s proven playmaking ability, Steichen is, in effect, betting on perceived consistency over Richardson’s ample potential.
But there’s a reality that must be considered with Richardson: Many of the typical rules of assessing quarterbacks don’t apply to him. His league-high air yards per attempt (11.4) and his rushing ability — Richardson was third among quarterbacks in rushing yards per game — give him higher efficiency marks than his 47.7% completion rate last season would suggest. To that end, consider: Richardson and Jones each averaged 6.9 yards per attempt last season (despite Jones having significantly more completions) and their QBRs were nearly identical. — Holder
Did the Colts’ new ownership play a role in this?
Principal owner Carlie Irsay-Gordon has expressed faith in Richardson having a long-term future with the team, saying in a recent interview, “Where he is in his career and in his [contract] … we still have time. He still has time to prove it.”
While she never weighed in publicly on the quarterback battle, she suggested during an in-game interview during Saturday’s preseason broadcast that she would defer to Steichen.
“Shane is going to have a tough decision to make, but I feel confident he’s going to make the right decision,” she said.
Irsay-Gordon’s father, the late Jim Irsay, once mandated that former coach Frank Reich bench Matt Ryan in favor of Sam Ehlinger. But so far, his daughters do not seem prone to similar moves. — Holder
Why hasn’t Richardson been able to convince the Colts he’s their future?
Injuries can’t be overlooked as part of the equation. Richardson has missed 17 of a possible 34 games in his career because of injuries. It was a stated motivation for the Colts signing Jones in the first place, with general manager Chris Ballard saying Richardson hadn’t proved he could stay healthy.
That dovetails into the other issues surrounding Richardson, which include a lack of consistency. Richardson briefly gained some momentum last season when he led two game-winning drives in a span of three games in late November and early December. But that momentum was stunted when Richardson missed Week 17 and 18 with back spasms.
The Colts also have asked for more consistency from Richardson in preparation and in taking ownership of the quarterback role, something Richardson said he has responded to. Steichen confirmed as much, but said he wants to see more development in that area. –– Holder
What are the Colts’ options at QB2 if they move on from Richardson?
The Colts drafted former Notre Dame standout Riley Leonard in the sixth round. He figures to make the roster at final cuts as the No. 3 quarterback, but he appears to be a long way from getting consideration as a starter. Leonard has completed 19 of 36 passes for 156 yards with no touchdowns and one interception in two preseason games, playing almost exclusively against backups.
It’s presumed the plan was to use 2025 as a developmental year for Leonard. So, in the hypothetical scenario of a Richardson trade, it’s possible the Colts will look elsewhere for a No. 2 quarterback. — Holder
Six severed heads have been found on a road in central Mexico, in an area not normally associated with cartel violence.
Local authorities made the discovery early on Tuesday morning on a route that links the broadly peaceful states of Puebla and Tlaxcala.
Police have not given a motive for the killings or said which of the criminal groups operating in Mexico might have carried them out.
Local media has reported that a blanket was left at the scene with a message issuing a warning to rival gangs and apparently signed by a group called “La Barredora”, meaning the sweeper.
It is the same name as a little-known criminal group operating in the western state of Guerrero but it isn’t clear if they were behind the attack or why.
The local prosecutor’s office said the heads found in Tlaxcala were those of men and it has launched an investigation into the killings, according to AFP news agency.
As well as drug-trafficking, there is an issue in the region with fuel smuggling, known as “huachicolea”, which generates billions of dollars a year for the groups behind the illegal activity.
So far, federal authorities have not commented on the killings.
They come amid a major crackdown by the administration of President Claudia Sheinbaum on fentanyl trafficking.
Puebla and Tlaxcala are not prone to the kind of extreme cartel violence prominent in other parts on the country.
In June, the bodies of 20 people – four of them decapitated – were found in Sinaloa, a state gripped by gang violence.
Seven Mexican youths were also killed in a shooting at a Catholic Church festivity in the central state of Guanajuato in May.
Violence between cartels has surged in recent years, with hundreds of thousands of people killed and tens of thousands missing since the government first began to use the Mexican military against gangs in 2006.
Secretary of State Marco Rubio will lead a newly formed joint commission that will work on forging a security guarantees proposal for Ukraine, an administration official told The Hill’s sister network NewsNation on Tuesday.
The commission will be made up of U.S., Ukrainian, European and NATO officials.
The agreement for the commission came during Monday’s White House meeting between President Trump and the seven European leaders who visited Washington.
The news of Rubio as the commission’s head was first reported by The Wall Street Journal. The outlet reported Monday night that Ukraine’s security assurances will be made up of four parts: air defense, a military presence, tracking the cessation of fighting and armaments, citing European officials familiar with the matter.
Rubio, who is also Trump’s national security advisor, was one of three U.S. officials to participate in a closed-door meeting with the Russian delegation on Friday in Alaska, headed by Russian President Vladimir Putin.
Trump talked to Putin over the phone on Monday after the meeting with Ukrainian President Volodymyr Zelensky and European leaders at the White House. Neither Zelensky nor European officials were in the room when the president spoke with the Kremlin leader.
“I didn’t do it in front of them — I thought that would be disrespectful to President Putin. I wouldn’t do that, because they have not had the warmest relations,” Trump told Fox News’s “Fox & Friends” on Tuesday.
The call lasted for around 40 minutes, with the president telling Putin that the administration will set up a meeting between the Kremlin leader and Zelensky, which Russia has so far refused to commit to. Russian Foreign Minister Sergey Lavrov Kremlin is not turning down talks with Ukraine and added that Trump has an invitation to come to Moscow.
Trump, who has pressed to help end the Russia-Ukraine war, one that has been raging for about three-and-a-half years, floated on Tuesday providing air support for Kyiv as part of security guarantees.
“We’re willing to help them with things, especially, probably, if you talk about by air because nobody has stuff we have,” the president said.
The Russian foreign minister warned NATO leaders against summoning NATO forces to Ukraine as part of a peace deal.
Atai Capital Management, an investment management firm, recently released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 32.8% in the second quarter, net of all fees, bringing the YTD returns to 29.4% net of all fees. This is compared to a 10.9% total return for the S&P 500, an 8.5% total return for the Russell 2000, and a 15.5% total return for the Russell Microcap for the quarter and 6.2%, -1.8% and -1.1%, respectively, for YTD. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its second-quarter 2025 investor letter, Atai Capital Management highlighted stocks such as Cable One, Inc. (NYSE:CABO). Cable One, Inc. (NYSE:CABO) is a US-based data, video, and voice services provider. The one-month return of Cable One, Inc. (NYSE:CABO) was 9.75%, and its shares lost 56.71% of their value over the last 52 weeks. On August 15, 2025, Cable One, Inc. (NYSE:CABO) stock closed at $153.99 per share, with a market capitalization of $866.8089 million.
Atai Capital Management stated the following regarding Cable One, Inc. (NYSE:CABO) in its second quarter 2025 investor letter:
“I first wrote about Cable One, Inc. (NYSE:CABO) in our Q1 2023 letter, nearly three years ago. I won’t rehash the full thesis here and would point you to that letter for more detail, but at a high level, we invested in Cable One under the belief that its rural Hybrid Fiber-Coaxial (HFC) network would remain defensible against both fiber overbuilders, such as AT&T, and fixed wireless access (FWA) providers like T-Mobile, enabling Cable One to continue subscriber, revenue, and EBITDA growth (even if at a slower pace).
Is Cable One, Inc. (CABO) the Underperforming Stock Targeted By Short Sellers?
A customer in their home enjoying premium channels, high-definition set-top boxes, and whole-home DVRs.
Cable One, Inc. (NYSE:CABO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held Cable One, Inc. (NYSE:CABO) at the end of the first quarter, which was 20 in the previous quarter. Cable One, Inc.’s (NYSE:CABO) total revenues for the second quarter of 2025 were $381.1 million compared to $394.5 million in the second quarter of 2024. While we acknowledge the potential of Cable One, Inc. (NYSE:CABO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
In another article, we covered Cable One, Inc. (NYSE:CABO) and shared The London Company Small Cap Strategy’s views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.
“Migrant hotels facing closure” headlines the Daily Telegraph after a High Court ruling “threw government’s asylum plans into turmoil”. The broadsheet also writes US President Donald Trump has promised “air support but no boots on the ground” to Ukraine in its conflict with Russia. Elsewhere on the page, reports on the Pope “to live with friends in papal palace”.
The High Court ruling on the Epping hotel has left “migrant policy in disarray”, writes the i Paper. The legal action follows protests that struck up after an asylum seeker living there was charged with sexually assaulting a 14-year-old girl in the town. “Government sources argue court action is politically motivated”, says the i Paper. Also on its front is the White House claiming that “Putin agrees to talks with Zelensky.”
The Daily Mail also runs with Labour’s “migrant hotels policy in disarray” for its headline, saying ministers are “stunned”. The Bell Hotel has “just 24 days to close” after “an 11th-hour Home Office bid to block the action was thrown out”.
The closure of the Bell Hotel is “a victory for the mums”, headlines the Daily Express. Conservative party leader Kemi Badenoch made the comments about the legal ruling as Reform UK head Nigel Farage said it should be an “inspiration across the country”.
The High Court ruling also makes front page news for the Guardian, as it says Sir Keir Starmer’s asylum policies were “plunged into turmoil”. Thousands “including some right-wing agitators” have gathered near the hotel since the sexual assault charge came to light. Also on the Guardian’s front, “Post-Brexit UK eroding protections for nature” as the paper says the country is “falling behind the EU despite Labour’s manifesto pledge not to dilute standards”.
The Times echoes the Mail and the i Paper with “High Court puts asylum hotel policy into turmoil”. Lawyers for the Home Office warned of “similar applications made that would then aggravate pressures on the asylum estate”, it writes. Also on the front page, “Reeves wants a capital gains mansions tax”. The chancellor is “considering using the autumn budget to end the exemption” from capital gains tax, known as private residence relief, for properties above a certain threshold.
There is “fury at Reeves ‘£500k wealth tax on homes'” according to the Metro which it says is being led by property TV presenter Kirsty Allsopp. Treasury officials are “said to have been told to check how much the government would raise”. The possible new fee would make people selling their home for more than £500k pay a proportional property tax based on sale price. “This government seems to want to punish people for making the sacrifices they’ve made to buy their own homes”, Allsopp is quoted saying on Metro’s front.
Trump “hints at US air role in push to seal Ukraine peace” is the headline of the Financial Times. The Kremlin has been warned of a “rough situation” by the US president who said “I hope President Putin will be good”. A photo of the grinning Spanish premier and his wife features on the front as she has been charged with embezzling public funds. “Sánchez feels heat” says the broadsheet.
“Brit troops to ‘keep the peace'” if a deal with Russia is struck, reports the Daily Mirror following Trump’s Ukraine talks with European leaders and Ukrainian President Volodymyr Zelensky. “He ruled out using US military”, the tabloid adds.
For the Daily Star, “gratuity outrage” has reached “tipping point!” Drinkers are “fuming” as tips for “service charge” are automatically added when buying a pint.
The Gallagher brothers are splashed across the front of the Sun with Noel quoted in the headline as saying “I’m so proud of Liam”. Their “reunion ends 15-year rift” as the older of the pair made a “warm tribute to ‘amazing, funny’ brother”.
