The Papers: 'Borrowing costs hit 28-year high' and 'Come cry with me'
The upcoming local elections on Thursday and jet fuel shortages dominate Wednesday's papers.

The upcoming local elections on Thursday and jet fuel shortages dominate Wednesday's papers.

Rivian announced plans to raise capital by selling ~75 million shares, surprising investors and causing the stock to drop. The author argues this is a necessary move for manufacturing and believes the dilution is minor, presenting a potential buying opportunity.

Jim Cramer's CNBC Investing Club recap: Stocks fell amid Iran tensions, impacting airlines and banks. Broadcom shares rose on Apple partnership details. Old Dominion Freight Line upgrade viewed positively for FedEx Freight. Cramer urged discipline and avoiding greed.

A federal appeals court rejected President Donald Trump's attempt to restore his name to the Kennedy Center, upholding a lower court's order. The court found Trump and the board failed to prove irreparable harm or specific fundraising damage without his name.

British wildcard Arthur Fery has reached the Wimbledon semi-finals after defeating world number 10 Flavio Cobolli. The 23-year-old, ranked 114, won 6-4 7-6 (7-4) 6-0 in front of a home crowd, becoming the first men's wildcard to reach this stage in 25 years. He will now face Alexander Zverev.

A former NHS surgeon, Salil Korambayil, has been convicted of rape and sentenced to 14 years. His former partner, Angharad, shares her experience of discovering his crimes, detailing his manipulative behavior and the emotional toll it took.

The UK is experiencing record-breaking heat, making sleep difficult. Experts suggest maintaining routines, cooling bedrooms, using fans, and avoiding caffeine and alcohol to improve sleep quality during hot weather.