Trump tussles with Jerome Powell on rare visit to Federal Reserve
Fed chair pushes back on Trump criticism of renovation costs as president presses central bank to cut interest rates
A fifth of California homes are investor-owned as state’s affordability crisis deepens – report
New figures show that the Golden state’s rate of investor-owned homes is 19%, with mountain regions up to 83%
Wear flowers in your hair … and take the bus: San Francisco fetes Grateful Dead concerts with tie-dye
Transit will transport concertgoers at a three-day concert series celebrating 60th anniversary of the band’s formation
The Guardian view on global inequality: the rising tide that leaves most boats behind
Editorial: The world’s assets are piling up in the hands of the few as growth is built on widening gaps. That’s not just unfair – it’s economically unsustainable
Thousands of EE and BT customers across UK hit by mobile network outage
Customers report problems making or receiving calls on mobiles and landlines
EU fails to reduce 50% steel tariff in outline trade deal with US
Bloc’s steel exporters face ‘catastrophic’ Trump levy, says industry body – potentially twice the rate for the UK
Starbucks’ CEO made 6,666 times more than his workers in 2024
CEO pay climbs ahead of Trump tax windfall for wealthy, says report
Tesla’s European sales slump as Musk warns of ‘rough quarters’ ahead
Electric carmaker struggles to emerge from sales rut on continent despite updating its bestselling Model Y
European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened
Live, rolling coverage of business, economics and financial markets as policy rate left at 2%
European Central Bank keeps interest rates on hold despite sluggish growth
Central bank shuns calls to reduce borrowing costs as higher US tariffs loom
Wise is bundling co-founder’s voting rights into ballot on US listing. It deserves to lose
Claims the two issues are inextricably entwined reads as self-interested waffle
Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off
Centrica keen to stem losses from North Sea Rough storage after company profits halve
UK firms cutting staff at fastest pace since February as economy struggles
Headcounts being reduced in response to higher taxes and uncertainty over US tariff threats, PMI survey shows
UK student jailed for selling phishing kits linked to £100m of fraud
Ollie Holman created kits that mimicked charity and bank webpages so criminals could harvest victims’ personal details
Newsman or businessman? Murdoch walks tightrope in battle with Trump
Longstanding relationship between media mogul and US president is being tested amid Trump’s lawsuit against the WSJ for a story about his ties to Epstein