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Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh

Rachel Reeves warns other budgets may be cut to lift defence spending

Chancellor says she is ‘working through a range of options’ to boost the armed forces but does not want to put up taxes

Next chief Simon Wolfson paid record £7.4m – and could get far more this year

‘Sustained outperformance’ merits pay rise, says company after it ups profit guidance to £1.2bn for year to January 2027

It will take more than £600m a year to boost UK industrial competitiveness

Bics fix accepts nose-bleed energy bills are a structural problem but pretends they are only an issue for a narrow section of industry

IMF chief Georgieva warns ‘everyone will feel the impact’ of energy price shock, as UK growth beats forecasts – as it happened

There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

Europe has only six weeks’ supply of jet fuel left owing to Iran war, says energy chief

There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs

Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire

Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

Experts say US market ‘may have run ahead of itself’ while ASX 200’s more modest recovery is due in part to Australia’s reliance on fuel imports

News of BBC jobs cuts ‘real concern’, says UK’s culture secretary

Lisa Nandy says staff have been strongly affected as some express frustration that high-paid presenters and executives likely to be safe

Starmer tells social media firms: ‘Things can’t go on like this’

PM demands real world changes in Downing Street meeting with senior figures from Meta, TikTok, Google and X

Stakes high as supreme court set to rule on law involving Monsanto’s weed-killing pesticide

Risks from cancer and other diseases could be hidden with little accountability if justices favor big firms, critics warn

Pedro Pascal v Pedro Piscal: actor in legal battle with Chilean spirit brand

Pedro Piscal pisco is latest Chilean brand to resemble a Hollywood name – and others have fought off the lawsuits

‘A dollar or two increase is devastating’: US readers on toll of rising gas prices

Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran war

MSC’s ‘blue tick’ scheme creates illusion of ethically sourced fish, study claims

Sustainability certification by Marine Stewardship Council may be obscuring labour abuses in seafood supply chains, say researchers

Tesco warns profits could fall amid Iran war uncertainty

Boss Ken Murphy plays down food inflation fears as supermarket’s annual profits rise by 8.5% to £2.4bn

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  • Why Britain should reject the lure of cheap – and scary – Chinese AI
  • Bank of England governor walks out of IMF summit in protest against Russia
  • From 3,000 feathers to pet portraits, Rolls-Royce rides high on custom craze
  • US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds
  • ‘Countries are defying gravity’: how much longer can global economy resist chaos?
  • Stinky business: south London bike shop hit by ‘unbearable’ stench from Thames Water sewer
  • Plan to make firms pay more to train older workers than youth apprentices in England
  • Healey backs pro-growth case for Heathrow third runway after Burnham ducks issue
  • No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme
  • The Guardian view on the banks: too big to fail cannot mean too big to tax
  • Extreme heatwaves in Europe not changing Britons’ holiday plans, say travel bosses
  • IMF suggests UK should cut spending rather than raise taxes on banks, as Healey prepares budget raid – as it happened
  • Target pensions or welfare, not banks, IMF tells John Healey
  • UK risks losing key role in European space industry over satellite contract, says Airbus boss
  • For restaurants Covid-19 was a crisis – pandemic loans are proving a disaster
  • British food and drink exports to EU collapse by more than a third since Brexit
  • Elon Musk reveals ‘world’s first flying car’ at Tesla event
  • ‘We should all be worried’: calls grow to limit London rollout of robotaxis
  • Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
  • Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands
  • Repairing Brexit economic damage should be Burnham’s top priority, business chief says
  • Number of cloned number plates on UK roads at record high, data shows
  • ‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality
  • France drops opposition to UK being included in ‘Made in Europe’ legislation
  • The water torture goes on at Thames. Sector-wide reform isn’t moving much faster
  • Will Trump’s economy sink Republicans in the US midterm elections? Our reporters answered your questions
  • The Guardian view on food security: we have just-in-time, we need just-in-case
  • Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
  • People in the US: what is your personal ‘recession indicator’?
  • John Healey poised to raise taxes on banks in budget

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