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