In BIG PICTURE NEWS, US debt hits record levels, Zelenskyy fires top aide, UK inflation rises and European heat has consequences. In BUSINESS, CONSUMER & EMPLOYMENT TRENDS, we see ongoing private credit risks, China aircon sales, another American company benefitting from tariff refunds, the rise of e-sims, consumer challenges and the unfairness of AI in recruitment. In TECH NEWS, Google strikes a $12bn AI chip deal and we look at who is actually buying humanoid robots. In MISCELLANEOUS NEWS, Stripe buys OpenRouter, Moderna booms and high-end London house prices fall. AND FINALLY, I bring you an unusual version of a karaoke classic...