US frackers were already facing a global oil supply glut. Trump’s Venezuelan dream could make it worse Picture is as murky as a barrel of oil, with US companies in 2026 expecting their first production drop in four years
UK business confidence weakened and hiring fell at end of 2025, surveys find Rising costs and economic uncertainty take toll, in contrast to Keir Starmer saying Britain will start to feel richer
Are a record number of mom and pops going bankrupt? Kinda but not really Yes, the number of small businesses that filed for bankruptcy in 2025 increased from 2024. But only by 10
Trump move for Venezuela’s resources likely to weaken economic might of US Oil is US president’s motivation but his concept of economic success feels as outdated as his music tastes
Why Russia’s economy is unlikely to collapse even if oil prices fall Hopes that tougher sanctions and lower oil prices could derail Putin’s war effort underestimate how far the Kremlin has rewired its economy
Freedom from China? The mine at the centre of Europe’s push for rare earth metals Swedish producer is trying to to accelerate the process of extracting the elements vital for hi-tech products
Why the white America Trump dreams of is just a fantasy Blocking immigration will not make Trump’s America great again – for the US to shine, he must let it get browner
US hiring held firm in December capping weakest year of growth since pandemic White House is meanwhile facing questions about an apparent embargo breach over Trump’s social media post
US economy added fewer jobs than forecast in December, but January interest rate cut very unlikely – as it happened Economists say fall in US unemployment rate last month means Federal Reserve likely to leave borrowing costs unchanged at this month’s meeting
László Czabán obituary Other lives: Senior lecturer at the Alliance Manchester Business School who moved to Manchester from Budapest
Pub chain shares rise on reports of government U-turn over business rates – as it happened Rolling coverage of the latest economic and financial news
Here’s why Labour is struggling to deliver: the British state is immense, but pull the levers and nothing happens At home, the machinery of government creaks badly – abroad, a leaden UK lags far behind dynamic competitors. A radical overhaul is needed, says Guardian columnist Larry Elliott
UK housebuilding in deepest slump since 2020 lockdowns; Warner Bros rejects ‘inferior’ $108bn Paramount hostile bid – as it happened Rolling coverage of the latest economic and financial news, as UK construction sector shrinks for 12th month running
The Guardian view on Trump’s raid in Caracas: oil matters, but it’s not the whole story Editorial: The seizure of Venezuelan leader was induced by the prize of petroleum, but driven by spectacle, geopolitics and domestic politics
‘A warning not an insult’: US doubles down on criticism of Europe Forecast of Europe’s ‘civilisational erasure’ was part of call for pro-growth reform, says Trump official