Panama canal traffic facing further cuts as drought from El Niño worsens Planned daily reductions will further choke one of the world’s most important shipping lanes
US borrowing costs hit 5% for first time since 2023 amid bond sell-off Soaring oil prices of above $108 a barrel after Houthi attacks on Saudi infrastructure stoke inflation fears
UK government moves to acquire Speciality Steel UK; AI stocks hit by calls for slowdown – as it happened Rolling coverage of the latest economic and financial news
Andy Burnham to host entrepreneurs and local mayors at No 10 on Monday Prime minister vows to ‘reindustrialise Britain’ through new partnership with business
The Guardian view on the government’s corporate reforms: entrenching neoliberalism, not ending it Editorial: A recent consultation on corporate reporting prizes the interests of shareholders over society. It’s a step in the wrong direction
Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK Iran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economies
AI will transform capitalism – but how? Technology is going to drastically reshape the economy, and it’s within our power to decide what that looks like
The perilous economic conditions facing the UK can be traced back to Trump As John Healey drafts his autumn budget, the US president’s policies continue to inflate debt servicing costs
‘Small price to pay’: the young homeowners welcoming falling house prices even as it hurts them Some buyers say they are ready to absorb the fallout of housing weakness if it means boosting home ownership across the board
‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable? With the budget looming, arguments rage over whether ministers should scrap a pledge popular with millions
Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – as it happened US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little
‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a continent-wide energy crisis
UK economy unexpectedly grows 0.4% in July boosted by AI Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout
Friday briefing: Would a wealth tax save our public services or be billionaire repellent? In today’s newsletter: Some think taxing the super-rich is a moral obligation, others say it drives cash away from the country. The truth may be somewhere in the middle
Global bond sell-off resumes as surging oil prices stoke fears about inflation Crude jumps above $107 a barrel amid concerns over Middle East conflict and out-of-control government borrowing