Why is Trump’s justice department investigating Fed chair Jerome Powell?
Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates
Trump’s attempts to influence Fed risk 1970s-style inflation and global backlash’
Analysts warn that White House pressure on US central bank to cut interest rates could put economy in danger
Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened
Rolling coverage of the latest economic and financial news
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Oil is US president’s motivation but his concept of economic success feels as outdated as his music tastes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