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The US will collect duties of between 10% and 12.5% on imports from most major trading partners. The new levies follow an investigation into the alleged failure of around 60 economies to prevent forced labor in their supply chains to the detriment of American workers. The move aims to reconstruct President Donald Trump's tariff wall that was pierced by the Supreme Court. Bloomberg's Rosalind Mathieson reports.

The US government removed foreign access restrictions on Anthropic's Fable 5 artificial intelligence model, clearing it for wider distribution. Anthropic said it had received notice that Commerce was lifting the curbs on access to Mythos 5 and Fable 5 AI models. Some of the restrictions on Mythos had been eased on June 26. Bloomberg's Neil Campling reports.

Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving concerns from Donald Trump's administration about the technology's potential threats to national security. Bloomberg's Neil Campling reports.

• Grayscale linked Bitcoin’s long-term outlook to Federal Reserve interest-rate policy, arguing that lower rates could support demand for digital store-of-value assets. 
• The theme connects several major crypto assets through monetary policy, institutional investment flows and growing adoption of exchange-traded products. 
• Persistent inflation, regulatory uncertainty and the risk of higher-for-longer interest rates remain key challenges for the sector. 

Amundi Investment Institute Head Monica Defend discusses the market reaction to Keir Starmer's announcement that he will step down as British prime minister. Speaking on Bloomberg Television, she says "this was largely expected," which justifies the "containment in volatility." Defend adds there is still value on the yield and that "the real story is one of fiscal discipline."

Keir Starmer said he would step down as Britain's prime minister. Speaking outside Number 10, he said he would step down first as Labour leader, with nominations for a contest for a new leader of the party opening on July 9 and completed by Sept. 1. Bloomberg's Ruth David reports.

Keir Starmer has stepped down as the UK's prime minister after months of pressure. Bloomberg News Editor-in-Chief John Micklethwait discusses what key issues undermined the outgoing premier's time at Number 10.

Keir Starmer said he would step down as British prime minister in an emotional speech outside Downing Street. The announcement comes two years after he led the Labour Party back to power with a landslide majority. His departure from Number 10 paves the way for Andy Burnham to attempt to take over as successor.

Allies of Keir Starmer expect him to set out a timetable for his departure as UK prime minister imminently. A statement from Starmer ceding power could come as soon as Monday, people familiar with the matter said, although they cautioned that was not certain. The move could pave the way for Andy Burnham to replace him and it would put Britain on a course for its seventh premier in a decade. Bloomberg's Joe Mayes reports from Downing Street.

"We have an opportunity to turn the tide," Labour Party's Andy Burnham says at a rally in Makerfield. He speaks after a decisive victory in the by-election which secured him 54.8% of the vote.