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If the US is heading for a soft landing, why do people feel so hard up?

Economists say the US may achieve a so-called ‘soft-landing’. Why are Americans still feeling so hard up?

‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances

One thousand UK workers to join first four-day week trial under Labour

Pilot scheme said to have ‘groundbreaking’ potential for the hospitality industry

Small business in Pennsylvania is middling – will that affect the vote?

A dip in prosperity may not bode well for Harris, although whoever sits in the White House may not have much impact

America’s fight with inflation has been won – just in time for a bigger battle

The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election

Trump or Harris? Whoever wins will face a shift in power in the global economy

West’s dominance is being challenged, with Brics summit showing emerging markets are unwilling to bow to pressure

Investment drives growth. That’s why gloomy forecasters are so wrong about the budget

The Office for Budget Responsibility’s extreme conservatism means it has woefully underestimated the impact of Labour’s public spending plans

Labour challenges Badenoch to back billions for public services and tax rises

Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win

The Observer view: a bold budget that’s the right response to years of neglect

Rachel Reeves’s spending plans signal a welcome break with the past and underline the scale of the challenges facing Britain

Did Bidenomics work? How the US economy fared over the last four years

The now-outgoing president inherited a US economy battered by Covid and a looming inflation crisis

It’s not the economy, stupid, that could deliver a win for Kamala Harris

Anger over the cost of living is Trump’s biggest weapon, but health and education should be winning cards for the Democrats

Here is the real story of Labour’s historic budget – investment over decline

I know first-hand that secure work and a secure home are the foundations of a better life for ordinary Britons. That defines our mission, says deputy prime minister Angela Rayner

Two-thirds of bosses feel negatively about budget, Reeves is told

Warning from Institute of Directors comes as ratings agency Moody’s says budget will do little to improve growth

US adds only 12,000 jobs in October in final report before election

Average monthly job gains in 2024 had been about 200,000, but new figures affected by Boeing strike and hurricanes

Qantas, Virgin, Netflix and Canva among 1,200 major companies that paid no income tax in Australia in 2022-23

ATO finds 31% of large businesses reported nil tax paid as many companies deducted losses and used offsets to dial their bills down to zero

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  • Mayfair casino facing legal action after former waiter says he did not get fair share of tips
  • OpenAI’s apparent failure to visit key site raises questions over UK investment
  • As auto costs rise, will the US miss the golden age of electric vehicles?
  • Why can’t Britain turn its green revolution into cheap energy? A visual analysis
  • Severn Trent doubles CEO reward plan to £3.1m despite anger over water pay
  • Peter Checkland obituary
  • London has lost ‘catastrophic’ 89% of car club vehicles since Zipcar exit
  • UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live
  • New pipeline in Canada to proceed after C$150bn pledged to ease BC and First Nations concerns
  • A council housebuilding boom is central to Burnham’s vision. Can it be done?
  • UK summer bookings jump as Britons put off overseas holidays by travel fears
  • Starling Bank to cut 130 jobs and boost investment in AI to reduce costs
  • Police criticise decision to let pubs stay open until 5am for England match
  • Gymshark founder in talks to buy back part of stake sold to private equity firm
  • Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
  • ‘Don’t kill music’: Anthony Albanese’s favourite bands beg PM to stop AI companies from stealing their work
  • Burnham promises to ease cost of living pressures if he becomes prime minister
  • Infrastructure cuts to pay for defence will cost UK 10,000 jobs, analysis shows
  • Keir Starmer to allow pubs to stay open until 5am for England v Mexico match
  • US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened
  • FCA ordered to partly suspend car finance compensation scheme
  • US employers added just 57,000 new jobs in June, lower than expected
  • MPs seek to end UK broadcast of Russian ‘soft power’ cartoon Masha and the Bear
  • Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
  • Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
  • All the whey up! How a dairy byproduct became the star of the ‘proteinmaxxing’ boom
  • Fans in short supply as next UK heatwave approaches, says Currys
  • Billionaire to invest £35bn in small modular nuclear reactors rollout across UK
  • Bankers and unions set for clash over possible Burnham tax raid on UK banks
  • OpenAI ‘in early talks to give 5% stake to US government’

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