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Trump’s policy mayhem is making even the Maga faithful consider walking away

Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic troubles

Almost no progress made on UK regional household income divide in 30 years, report finds

Despite promises of successive governments, gap between richest and poorest areas consistent since 1997

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’

Half of Americans struggle to afford groceries and gas, exclusive poll finds

About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian

The EU that the UK left no longer exists

Andy Burnham’s rise has stoked talk of the terms for a future British return – but this is the wrong question, says political risk analyst Mujtaba Rahman

‘New direction, same old problems’: the economic challenges facing Andy Burnham

Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on the back foot

Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham

Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy

UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’

US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened

US non-farm payrolls only increased by 57,000 in June, but unemployment rate fell

US employers added just 57,000 new jobs in June, lower than expected

The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month

Trump refuses to renew US-Canada-Mexico trade pact he once championed

Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal

EU urged to exempt UK from car rules that could be worst Brexit impact yet

Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’

Trump’s affordability crisis hits his supporters hardest as he calls housing bill of ‘minor importance’

A housing shortfall, record home costs and cuts to subsidies are intensifying the US affordability crunch

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  • Microsoft scrambles to fix global outage affecting Teams and Outlook
  • Calls for crackdown on China chip exports – as it happened
  • A global Microsoft 365 outage has hit millions – what happened and when will it be fixed?
  • ‘They’ve cut all entry-level jobs’: unlikely seaside town on frontline of AI threat
  • World is now in ‘age of electricity’, energy agency chief says
  • A timeline of the affair scandal that sank Nvidia’s Jensen Huang
  • Family Dollar to pay $63m to settle overcharging allegations
  • Jensen Huang resigns as Nvidia CEO after alleged affairs
  • Nvidia turmoil continues as Jensen Huang resigns over affairs scandal and company appoints interim CEO – as it happened
  • The Guardian view on venture capitalism: investor profits are no industrial strategy
  • Jensen Huang was a busted flush at Nvidia – he had to go
  • Jensen Huang built an AI kingdom. Now he’s gone, will Nvidia’s ramparts be breached?
  • Home sales hit 16-year low in October amid record-high mortgage rates
  • UK car industry to press EU for two-year delay to Brexit EV tariffs
  • From washing dishes at Denny’s to rockstar of AI: the rise and fall of Nvidia’s Jensen Huang
  • New allegations against convicted rapist Ralph Carr revealed: ‘I was blacking out while saying no’
  • Poundland owner secures two extra weeks to ensure retail chain’s survival
  • AI helped UK defy expectations – but will economy’s resilience fizzle out?
  • Metro Bank up for sale, with billionaire investor in line for £420m windfall
  • Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
  • College students rally in support of Starbucks baristas urging boycott over contract impasse
  • UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m
  • AI helps UK economy grow at fastest pace for more than two years
  • Water industry bonus ban to be tightened as Ofwat warns of ‘damage to public trust’
  • Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
  • ‘We can’t be at the bottom indefinitely’: Can Britain’s most maligned service station be turned around?
  • Australian states could sue tobacco companies for billions in healthcare costs under proposal
  • Nvidia hires leading US law firm to investigate Jensen Huang’s relationship
  • Poundland owner extracted millions when chain was on ‘knife-edge’, MPs say
  • ITV to cut show budgets as UK TV and film production spend drops by more than £2bn

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