Coal power generation falls in China and India for first time since 1970s
‘Historic’ moment in biggest coal-consuming countries could bring decline in global emissions, analysis says
Why is Trump’s justice department investigating Fed chair Jerome Powell?
Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates
US bond markets should be in revolt. Fed independence matters
It is a perilous time to mess with the principle that rate-setters under an independent system should be free of political pressure
Trump’s attempt to control Fed ‘undermines America’, Elizabeth Warren warns
Senator condemned president’s bid to weaken central bank’s independence and examined Democrats’ future
Ex-Fed chairs condemn Trump’s bid to weaken central bank’s independence
Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence
Google parent Alphabet hits $4tn valuation after AI deal with Apple
After Apple chose Gemini to power Siri, Alphabet surpassed Apple to become second-most valuable company in world
Trump’s attempts to influence Fed risk 1970s-style inflation and global backlash’
Analysts warn that White House pressure on US central bank to cut interest rates could put economy in danger
Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened
Rolling coverage of the latest economic and financial news
Paramount to nominate directors to Warner Bros board to vote against Netflix deal
Paramount also files lawsuit seeking disclosure of financial information related to $82.7bn agreement
Major incident declared as 30,000 homes left without water in Kent and Sussex
South East Water blames cold weather and Storm Goretti for problems, with schools and libraries closed for day
New York City expects biggest nurses strike as nearly 15,000 set to walk off job
Strike, amid an intense flu season, is expected to disrupt activity at institutions such as Mount Sinai and Montefiore
US frackers were already facing a global oil supply glut. Trump’s Venezuelan dream could make it worse
Picture is as murky as a barrel of oil, with US companies in 2026 expecting their first production drop in four years
JD Sports plans to let shoppers buy through AI platforms
Retailer to allow ‘one-click purchases’ through assistants such as ChatGPT and Microsoft Copilot, beginning in US
Lending to small businesses and low-income areas must expand, say Labour backbenchers
Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible
Mattel launches its first autistic Barbie
Company says doll is the latest expansion of its commitment to representation and inclusion