Carbon price should be set at $70 a tonne and rise six-fold by mid-century, says AEMC
Exclusive: Australian Energy Markets Commission set interim value for cutting emissions that should reach $420/t CO-e by 2050
Companies are using inflation to price-gouge Americans – and making it worse
Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high prices
New Brexit checks to cost UK business £2bn and fuel inflation, report finds
Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says Allianz Trade
US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live
Rolling coverage of the latest economic and financial news
Aggressive use of state subsidies risks expensive trade wars, IMF warns
Call for caution amid fears government intervention could lead to costly mistakes and prompt subsidy battle
Stubborn US inflation dents hopes for imminent Fed interest rate cut
The consumer-price index, driven by fuel and housing costs, rose 0.4% from February, higher than the 0.3% expected
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says
Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world
He voted Trump in 2016, Biden in 2020. He’s the kind of voter candidates are desperate to swing
Small business owner Scott Richardson chose Trump to shake things up but a strong economy means he’s sticking with Biden
More public spending is within Labour’s grasp – here’s how it could find an extra £90bn a year
Five simple policy ideas could generate billions for a Labour chancellor and end the threat of continued austerity, says Richard Murphy of Sheffield University
Gold hits fresh record high; Fitch downgrades Thames Water parent company – as it happened
Rolling coverage of the latest economic and financial news, as gold rises almost 1% today to $2,365 per ounce
Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss
In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’
Jaguar Land Rover sales jump 22%; 15 Ted Baker stores to close, with 245 job losses – as it happened
Rolling coverage of the latest economic and financial news
Food inflation in world’s rich nations falls to pre-Ukraine war levels
Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in February
IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages
Risk of declining consumption, house price falls and defaults as tighter policy finally has impact
Built on sand: can Egypt’s new seaside city protect the country from war at its borders?
Ras el–Hekma is part of a $60bn package to help the economy withstand the impact of conflict in Gaza, but critics fear the money will entrench a corrupt, oppressive regime