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Inside Britain’s summer-productivity problem

A handpicked article read aloud from the latest issue of The Economist

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Meta settles its blockbuster trial for up to $17bn

The social-media colossus will alter the way teens can use its platforms

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An obituary for the Drexel generation

A new book about Apollo offers a showcase of financial genius and human failure

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America will regret Scott Bessent’s bond-market misadventures

But expect them to continue, so long as government debt stays high

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Why is Russia deliberately weakening its currency?

A strong rouble was hurting the budget

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Low-energy cooling for a warming planet

Our podcast on science and technology. This week, how to beat the heat without overworking your air-conditioning

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Ukrainian military balloons may spoil Russia’s party

Reports suggest some are being used to launch drones

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How salmon evolved to cope with the ice age

Their odd behaviour seems to be a relic of the time of the glaciers

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SpaceX plans to build the world’s biggest spaceport

The $100bn facility aims to support up to 30 rocket launches a day

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Why smugglers are stealing Kenya’s ants

A global craze for pet ants has created a lucrative black market

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Slip the surly bonds? Scott Bessent goes on a yield trip

Also on the daily podcast: the grave hacking threat to America’s water supplies and the politics of accents in Britain