Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability
UK jobs market was in a fragile state – even before Iran war threatened recovery Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers
Lord Skidelsky obituary Economic historian and politician who was a leading authority on the life and work of John Maynard Keynes
European stock markets fall and oil and gas prices jump as strait of Hormuz ‘chaos’ worries investors – as it happened Rolling coverage of the latest economic and financial news
Consumer watchdog zeroes in on Woolworths’ allegedly fake discounts as it meets supermarket giant in court Vinegar, Tim Tams and baby rice are among the products to be scrutinised in the Australian Competition and Consumer Commission’s case
Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence
Millions of Australians will get a $1,000 instant tax deduction under a new law – here’s how it will work Draft legislation for treasurer Jim Chalmers’ new instant tax deduction policy lands just over a year after Labor proposed the change in the run-up to the 2025 election
Ed Miliband to double down on net zero with measures to combat Iran energy shock As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will say
ABF poised to reveal result of Primark and food business demerger plan Retail analysts say breaking up food and fashion group would make sense in challenging business environment
Bank bosses called to meeting with Reeves over impact of Iran war on UK economy HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict
Falling fertility, debt and AI: is the US headed toward a population crisis? Americans having fewer kids plus an ageing population could be a recipe for disaster that further erodes social stability
Labour’s ‘crabwise’ approach to closer EU ties must address damage of Brexit The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016
‘I don’t want to waste the gas’: Uber and Lyft drivers reeling as fuel prices soar Drivers face dilemma of driving more or cutting back – and support from ride-share giants decried as ‘slap in the face’
Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed
Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on? Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers