US trade chief defends tariffs as Democrats say Trump ‘in denial’ over price hikes

Jamieson Greer denies tariffs have pushed up prices during grilling from lawmakers over cost-of-living concerns

London loses again: FTSE 100 landlord Segro will be missed

Doubly depressing takeover by a US buyer deprives the UK market of a property company that is genuinely different

Tories ask HMRC to investigate whether Nigel Farage owes tax on £5m gift

Party chair queries status of funds Reform leader received from crypto billionaire Christopher Harborne

Segro board U-turns on £14bn takeover bid by US rival Prologis

UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’

The Guardian view on Andy Burnham and devolution: it takes a powerful centre to decentralise power

Editorial: When it comes to driving an agenda from No 10, the prime minister seems to have learned important lessons from his predecessor’s failure

AI agent went rogue and hacked startup by itself, OpenAI reveals

Company behind ChatGPT says agent ‘cheated’ an evaluation by attacking a Hugging Face database

Funding bus fare cap from aid budget will hit world’s poorest, Burnham told

Proposal ‘throws global south countries under the bus’, says ActionAid UK directorr

Pressure is growing inside Labor to properly tax gas exports. Here’s what a 25% tax could pay for

A change in the ALP’s platform signals the fight to get a fair return for our resources is not over

Think you have a handle on how Australia’s economy works? Take the RBA’s quiz and find out

The Reserve Bank wants Australians to understand how its interest rate decisions affect inflation, employment and growth

Oil price touches $95 as US-Iran conflict escalates; UK inflation cools faster than expected – as it happened

Rolling coverage of the latest economic and financial news

Food price fears after Europe’s heatwave destroys estimated €2bn of crops

Record June temperatures expected to cut grain harvest by 9m tonnes to its lowest level since 2018

Oil price rises above $95 mark as Middle East conflict escalates

Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb

Harry Potter publisher to receive millions in Anthropic copyright settlement

Bloomsbury has 14,087 titles listed in agreement between AI startup and authors over use of their work

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged

Fifty years ago, another Healey ran the Treasury. Today’s chancellor may find some things haven’t changed, says Guardian columnist Larry Elliott

Norway’s national oil company’s profits double to $11.5bn amid war on Iran

Equinor benefits from decision to increase oil and gas production during strait of Hormuz blockades