In BIG PICTURE NEWS, US inflation rises, we see more Trump impact, China braces itself, we look at how Spain is outperforming its neighbours, why Labour is losing council seats, Reeves's plan to consolidate council pension funds and bitcoin's march. In RETAIL & RESTAURANT NEWS, Amazon launches a Temu competitor, Homebase collapses and Just Eat Takeaway ditches Grubhub. In TECH & MEDIA NEWS, AI gives telcos a new lease of life, Bluesky Social takes off and Spotify wants to eat YouTube's lunch. In MISCELLANEOUS NEWS, Geely booms, UK renters get clobbered and Klarna goes for New York. AND FINALLY, I bring you a bit of drinking and fighting...