US Senate expected to confirm Kevin Warsh as next Federal Reserve chair Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank
Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airports
UK savings: six traps to avoid when you’re finding a new deal When fixed-rate accounts hit the end of their term, there are pitfalls to avoid when finding a new home for your cash
UK households bracing for new cost of living crisis, report finds PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances
‘It’s like we went bankrupt overnight’: poorest Somalis suffer as piles of worthless shillings mount up Banknotes are now so tattered that even buses refuse to accept them, as a dollarised economy and mobile phone payments push up the cost of essentials
Delayed Great British Railways’ first station to open at Cambridge South in June Station will be first to be given full GBR branding and will directly link city’s Biomedical Campus to London, Brighton and Stansted airport
Europe should behave more like China does if it wants to survive this age of chaos Instead of obsessing over rules that have ceased to matter, we must consider giving Beijing a dose of its own medicine, says Mark Leonard of the European Council on Foreign Relations
Full nationalisation of British Steel expected in king’s speech Officials reportedly drafting legislation likely to safeguard Britain’s last blast furnaces and save thousands of jobs
Mike Ashley admits he was behind video that brought down JD Sports chair Sports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail boss
Trump tariff refunds are happening – and businesses should pay attention Business owners may have to wade through paperwork, but the US government is now actually processing refunds
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war? The economic warnings are bleak, but full extent of shortages are still not felt for many European countries
Advisers urge JP Morgan investors to vote to split chair and CEO positions ISS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both roles
Saudi Aramco profits jump despite conflict in Middle East Saudi Arabia’s state oil company’s profits up 26% to £26.9bn in first three months of year
From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarkets
Cape Verde bets on tech to reverse postcolonial brain drain African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economy