CBS News’s Scott MacFarlane leaves network: ‘I look forward to some independence’ Justice correspondent most known for his January 6 Capitol riot coverage is latest to quit Bari Weiss-led network
Rachel Reeves warns fuel retailers not to make ‘excess profits’ from oil crisis; G7 ‘stands ready’ to release crude reserves – as it happens Finance ministers from G7 countries resist pressure to release emergency oil stocks at video call today
Missing money, shipped chips and a 350,000% profit: key takeaways on AI ‘phantom investments’ A Guardian investigation has put the UK government’s AI plans under the microscope. Here are the key details
G7 ready to take ‘necessary measures’ over economic impact of Iran war Finance ministers monitoring situation but stop short of agreeing to release emergency oil reserves
Roman Abramovich ready to fight UK government over proceeds from £2.5bn Chelsea sale Russian oligarch says money is his to allocate despite international sanctions imposed on his assets
How will war in the Middle East affect your finances? Surging energy prices and tumbling stock markets are threatening a new UK cost of living crisis
Live Nation reaches surprise settlement with justice department in antitrust case Live Nation will pay $280m to states in lawsuit, and Ticketmaster will open parts of platform to rival companies
Yorkshire Water receives fresh funding despite sewage fines and pay row Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO’s pay
British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board London-based startup, which is vital to the government’s AI ambitions, is now valued at $14.6bn
OpenAI delays ‘adult mode’ for ChatGPT to focus on work of higher priority Startup still believes in ‘principle of treating adults like adults, but getting experience right will take more time’
Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrel
Small-business owners doubt they’ll see refunds after supreme court invalidates Trump’s tariffs Ruling could free $175bn, but legal hurdles and higher costs have left businesses questioning if claims are even worth it
Nigel Farage invests £215,000 in Kwasi Kwarteng’s bitcoin firm Reform UK leader strengthens ties with crypto sector with stake in former Tory chancellor’s company Stack BTC
UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflict
Top US banks weigh suing federal regulator over crypto banking rules Exclusive: Bank Policy Institute, representing lenders such as JP Morgan and Goldman Sachs, argues that new licenses could harm US consumers and financial system