Can you be on a six-figure income and still be considered poor?

A viral essay has caused outrage in the US with its argument that the poverty line for a family of four is now $136,500. But is this so wrong, asks Arwa Mahdawi

Chop and change: pork is ‘new beef’ for money-saving Britons, report finds

As beef price inflation soars to 27%, customers are turning to cheaper pork alternatives, Waitrose says

Tesla privately warned UK that weakening EV rules would hit sales

Elon Musk-owned electric carmaker also called for support for the secondhand market, documents reveal

Fear of facing the future has British politics stuck in the past

Keir Starmer and Rachel Reeves claim to be dealing with the world as it is, but seem to yearn for a world that has disappeared, says the Guardian columnist Rafael Behr

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Analysts say national accounts figures show how far the economy has come, with annual GDP growth hitting 2.1% compared to 0.8% this time last year

Nike, Superdry and Lacoste ads banned in UK over ‘misleading’ green claims

Advertising watchdog says all three firms misled shoppers by using term ‘sustainable’ in paid-for Google adverts

Key aide to Nigel Farage was frontman for Premier League billionaire’s betting syndicate, lawsuit claims

Exclusive: George Cottrell ‘gave control’ of gambling accounts to syndicate headed by Tony Bloom, the owner of Brighton & Hove Albion FC

Production of French-German fighter jet threatened by rivalries, chief executive says

Relations between French company Dassault and the German unit of Airbus are reportedly ‘very strained’

Tunbridge Wells water cut likely to last after treatment problem reoccurs

Thousands of homes, schools and businesses expected to be without supply for at least another day

Costco sues Trump administration over sweeping emergency tariff powers

The wholesale giant claims the White House misused emergency authority and warns importers could lose refunds even if duties are ruled unlawful

OBR chief’s exit may ease pressure on Rachel Reeves but the battle isn’t over

With the row deepening over budget leaks, who is most likely to replace Richard Hughes in the increasingly thankless role of chair?

Bank of England defends OBR’s independence against political attacks; UK banks pass stress tests – as it happened

BoE governor Andrew Bailey says it’s important to remember why Office for Budget Responsibility was created, amid row over budget leaks

MPs launch inquiry into Andrew’s lease arrangements at Royal Lodge – as it happened

Justice secretary expected to pull back from plans to reserve jury trials from only the most serious cases

Sam Altman issues ‘code red’ at OpenAI as ChatGPT contends with rivals

Chief executive tells staff it is ‘critical time’ for chatbot as it faces intense competition from Google’s new Gemini 3

‘Those who eat Chilean salmon cannot imagine how much human blood it carries with it’

The country is the world’s second-largest producer of the popular fish, and the biggest supplier to the US, but its farms are beset by accusations of dangerous labour conditions, antibiotic overuse and ecological harm