Nvidia earnings: Wall Street sighs with relief after AI wave doesn’t crash

Amid a blackout of data due to the government shutdown, the $5tn chipmaker’s report took on wider significance

UK inflation dips to 3.6% despite accelerating food price growth – as it happened

Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.

Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statement

Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to act

Rolling coverage of the latest economic and financial news, as shares fall across Asia and bitcoin hits a seven-month low

David Zahn of Franklin Templeton said bond yields could rise in response to chancellor’s fiscal plans and government would have to react

The Maga base rallied on inflation and racial grievances, but stressing race over the economy is costing the US president

Rolling coverage of the latest economic and financial news

From mobiles to insurance and subscriptions, firms are able to exploit the fact they know more than customers

In the local authority where people have the least spare cash there are hopes the chancellor will instil change

Paul Nowak says OBR should be modernised to ditch ‘hardwired’ support for austerity economics

Last year’s employer NICs increase and a weak economy are adding to tricky conditions for young people

Retreat from plans to increase income tax means Labour is unlikely to make system fairer and more coherent

Survey finds 60% of key cities councils are planning to sell assets to meet costs of adult and children’s social care

Chancellor expected to freeze level at which people start paying income tax for two years rather than putting rates up