US and UK central banks expected to keep interest rates on hold amid Iran peace deal
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressures
From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
The Standard of Living by James Graham traces economist’s influence on British politics and culture
Macron frames Évian G7 agenda in hope Trump will stay for whole summit
US president left last meeting early, but world leaders aim to end Ukraine war and push for resolution in Gaza and Iran
How Brexit has made Britain poorer – in charts
Forecasters were wrong about an immediate recession but right that we would be worse off outside the EU
The case for Labour to introduce a wealth tax has never been stronger
A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality
Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened
One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society
The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply
The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control
US consumer sentiment improves in June due to easing gas prices
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows
Oil prices plummet as Trump claims he is close to US-Iran deal
Brent crude falls as optimism rises that strait of Hormuz could reopen over the weekend
Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget
Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing
UK economy shrank by 0.1% in April as Iran war held back growth
GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March
Middle East war is hurting eurozone economy, warns ECB, after announcing first interest rate rise since 2023 – as it happened
European Central Bank has lifted interest rates and warned that the war in the Middle East is generating inflation pressures
Global growth is slowing to lowest level since pandemic, says World Bank
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East
ECB raises eurozone interest rates as Iran war stokes inflation
European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring
Young people in Britain are suffering a joblessness epidemic – and, so far, Labour is just making it worse
Youth unemployment is harming the mental health of a generation. A sluggish economy will only make things harder, says Guardian columnist Larry Elliott