Gold prices hit record high amid prospect of US interest rate cuts

Spot price increases to $2,531.60, with record run meaning standard gold bar is worth more than $1m

Federal Reserve ‘poised to begin cutting rates as early as September’

Bank officials signal readiness to start interest rate-cutting cycle to ease pressure on households and businesses

Estée Lauder hit by China weakness; Kashkari says Fed should discuss interest rate cut – as it happened

Rolling coverage of the latest economic and financial news

Labour’s autumn budget must reverse ‘decade of decline’ in UK infrastructure

Economy held back by ailing transport network, with poor roads adding to logistics costs, say manufacturers

Interest rate cut fuels immediate upturn in UK property market

Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospects

Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates

‘Share government data to boost economy’, says UK statistics watchdog chief

The UK Statistics Authority’s chair says linking data sets from departments could aid growth and improve services• We need to make data sharing across UK government the rule, not the exception

Rachel Reeves’ pension plan could damage the north, says ex-minister

Lord Jim O’Neill says small businesses could lose out from merger of local government schemes to create large fund

Austerity is still austerity, even under a Labour government

The chancellor should be flushed with victory. Instead, she is adhering to an opposition dogma that undermines her own objectives

Slow the growth, save the world? Why declining birth rates need not mean an end to prosperity

The pursuit of eternal growth is toxic, campaigners say. The economy, and the planet, can thrive with fewer people

Detectorists’ finds rewrite history by unearthing the real story of money

A study of ancient coins has shifted the focus of Europe’s economic history from the Greeks and Romans to the Arabs

Former Sunak adviser urges Labour to introduce wealth tax on housing

The economist behind the Covid furlough scheme has called for ‘unfair’ council tax and stamp duty to be axed in England

Harris is pitching an ‘opportunity economy’ to voters. Will it sway them?

Democratic nominee’s Friday speech gave most specific economic proposals of her campaign so far

Global stock markets head for best week of 2024, as US consumer confidence rises – as it happened

Rolling coverage of the latest economic and financial news, as PwC becomes the first audit firm to be fined by the FCA