‘A foot out in the cold’: leaders huddle at IMF as icy economic winds blow Worries over private credit, tax and spend, skittish bond markets and tariff chaos dominate meeting in Washington
What could a Trump deal on critical minerals mean for Australia – and could Maga be a sticking point? Ahead of Anthony Albanese’s White House visit, a ‘price floor’ and US investment in mining ventures have been flagged
UK government borrowing costs fall to lowest level since July Boost for Rachel Reeves as bond yield falls while she considers tax rises and spending cuts in budget
Gaucho chain to slash waiters’ share of service charge and boost head office pay Restaurant group plans to cut share as low as 17% for new waiting staff, with office workers among those benefiting
‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans Wall Street sounds alarm over strain throughout car lending market as experts warn of potential risks for wider economy
Ferrari cuts number of cars it sends to UK after non-dom tax status scrapped Carmaker says reasons for reduction include that some wealthy people ‘are getting out of the country’
The ‘messy’ trend behind Australia’s rising unemployment is worrying economists The RBA is holding fire on further rate cuts until it is confident that inflation is easing. But the latest jobs data complicates matters
Australia Post incorrectly charged tariffs on items ordered online being returned to the US Trump tariffs are not meant to apply to returned goods if they were manufactured in the US
Banks need stricter controls to prevent romance fraud, says City regulator FCA cites study showing victims’ ‘red flags’ are often missed and calls for improved monitoring systems
US regional bank stocks fall amid Wall Street concern over credit markets Zions and Western Alliance reveal problems with bad loans as scrutiny of regional banks’ lending practices increases
Cardiff becomes first UK council to impose higher parking charges on larger vehicles Premium charge aims to combat steep rise in SUVs and other larger vehicles which are ‘a danger to other road users’
Thousands in UK take legal action against Johnson & Johnson over alleged talc cancer link High court claim says company knowingly sold product containing asbestos and ‘concealed’ risk to public
Timely arrival: Great British Railways clock launches at London Bridge Digital timepiece is UK rail’s first national clock in more than 50 years and will be seen at stations across the country
IMF chief reveals worries about private credit market keep her awake at night – as it happened International Monetary Fund managing director Kristalina Georgieva urges more attention to the non-bank financial institutions, as the world may have “a foot out in the cold”
Head of IMF says risks in private credit market keep her awake at night Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First Brands