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Mark Carney tells US to ‘start being serious’ amid escalating trade war

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults

UK long-term borrowing costs could halve chancellor’s budget headroom

Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey faces

Price rises gather pace in UK shops amid higher energy costs

In-store inflation rises to an annual 1.5% in August, according to a survey for the British Retail Consortium

‘A huge learning curve’: apprentices on the benefits and pitfalls of vocational training

While many young people have found jobs and built careers, some have struggled to complete their courses

Iran’s economy in crisis as US launches new sanctions campaign

Trump’s Operation Economic Outcast is expected to push many Iranians into deeper poverty as food inflation soars

As US-Canada tensions flare, who’s calling the shots in Trump’s trade team?

US trade representative Jamieson Greer has a level-headed reputation but commerce secretary Howard Lutnick and White House adviser Peter Navarro also have key roles

AI could cause global economic downturn, Bank of England governor tells G20

Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

OnlyFans and AI training: why gen Z doesn’t care where our money comes from

With traditional goals such as stability and home ownership feeling out of reach, young people are focused on the present

UK households will take £2,400 financial hit from Iran war, analysis shows

Centre for Economics and Business Research calculates effect of inflation and wage stagnation to end of 2027

How young women can learn to better wield economic power

Project in Zambia shows how teaching young women to negotiate better can have a long-term impact on their prospects

‘If it’s made in the US, I don’t buy it’: Canadians on boycotting Trump’s America

Avoiding US goods and services – from tech to whisky to air travel – has forced many to find a new way of living

‘Inept, incompetent, craven’: Scott Bessent struggles to clean up the president’s mess

There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt

Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn

Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city

Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races

Healey’s budget to duck setting a date for 3% defence spending target

Roadmap for increasing department’s share of GDP will be deferred until next year’s review

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  • Burnham pledges extra £210m towards regenerating boarded-up high streets
  • The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions
  • Healey appoints Labour manifesto writer, adding to election speculation
  • White House television pool resumes after banned news outlets regain access
  • ‘Major milestone’: TfL to launch new public bus operator in London
  • Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – as it happened
  • Revealed: the undisclosed safety data emerging as weedkiller maker faces Parkinson’s lawsuits in US
  • ‘Your body fights to stay cool’: workers toil in record heat as federal rule frozen
  • David Beckham takes £39m dividend as World Cup deals drive record profits
  • US mortgage rates top 7% for first time in 20 months
  • UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened
  • Price hikes, ads and lower quality: has ‘streamflation’ ruined the TV experience?
  • ‘Eat the rich, save the planet’: climate protesters call out big tech’s disconnect from reality
  • ‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
  • Tell us: do you enjoy listening to music on CDs?
  • JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
  • Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
  • Housebuilder Vistry slashes profit forecasts as losses balloon
  • UK ‘losing up to £6.5bn a year in EU trade’ without post-Brexit product deal
  • Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
  • Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living
  • Judge seems inclined to side with media outlets who were banned from White House in lawsuit
  • UK defence contractors to offer 40,000 apprenticeships, placements and jobs
  • Bentley launches first fully electric car – with fake engine sounds to replace classic growl
  • McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
  • Does Airtel Money mark the end of London’s listing drought? Not yet
  • Unhappy couples staying put due to cost of living crisis, say divorce lawyers
  • Single, couple or family: not all Australian middle-income earners are equal
  • UK economic outlook brighter as new government measures will boost growth, says OECD – as it happened
  • Burnham stands by claim UK is ‘in hock’ to bond markets

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