World is now in ‘age of electricity’, energy agency chief says Exclusive: Fossil fuels no longer dominant energy source, IEA leader says, as summit considers electrification pledge
Home sales hit 16-year low in October amid record-high mortgage rates Sales of built units fell to 3.75m in October, down by 8.8% from last year, with mortgage rates at nearly three-year high
AI helped UK defy expectations – but will economy’s resilience fizzle out? Despite John Healey’s defiance, the economy faces threats from a tech slowdown and energy bills this winter
AI helps UK economy grow at fastest pace for more than two years GDP ‘grew robustly’ by 0.7% in third quarter and by 0.2% month on month in September despite high oil prices
Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – as it happened Rolling coverage of the latest economic and financial news
Bank of England’s inflation response ‘risks higher interest rates for longer’ Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy
Inquiry launched into UK budget bank tax leak; Wall Street hit by US inflation data – as it happened Rolling coverage of the latest economic and financial news, including live coverage of the Bank of England Watchers conference in London
US inflation rose 0.4% in October as price increases cooled and gas costs dipped New data comes after Republicans’ midterms losses – which were largely seen as a rebuke of the party over high prices
Nvidia’s value tumbles after ‘honeytrap’ investigation launched, as China denies spying claims – as it happened Shares in world’s most valuable company hit seven-month low after CEO Huang admits to affair, after allegations of relationship with Chinese spy
EU manufacturers could give up on competing with China by 2030, warns commerce chief Jens Eskelund says Europe may need to allow its companies to become part of Chinese firms’ supply chains
Young people in UK hit by ‘low-gear economy’, warns Bank of England deputy Exclusive: Iran war has fuelled energy price rise and clouded outlook, driving up unemployment, says Clare Lombardelli
The rise and rise of the family farm As prices go up but grain prices stagante, more farming families are turning to ‘agritainment’ to make a living
Economic relief is on the way, Democrats say. But what, how and when? Winning candidates promised to cut costs, rein in corporations, curb billionaire power and improve the economy
Why has Royal Mail only delivered letters twice in three months? I am waiting for the overdue results of a cancer test, and the postal service seems to be prioritising parcels over letters
1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box Election results appear to have turbo-charged an already growing social, political and financial market rethink about AI