Conservatives join backlash over Trump pick for head of labor statistics: ‘Not a credible source of information’

Even Republican economists have criticized president’s pick of EJ Antoni to lead the Bureau of Labor Statistics

UK economy grew despite Trump tariffs causing three-year low in US goods exports – business live

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, while eurozone industrial production slumps

UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June

Economic bounceback may be under way but Reeves cannot afford to relax

Growth of 0.3% is a positive sign but the chancellor still has major difficulties to confront

Boosting productivity will be main priority of autumn budget, Reeves says

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’

In our first year Labour fixed the foundations – now we must build a stronger economy for a renewed Britain

Labour is reversing a decade of stagnation and we’re making progress on wages, jobs and trade. But there is more to do, says Rachel Reeves, chancellor of the exchequer

Why the UK’s bank ringfencing doesn’t need large-scale reform

Rachel Reeves would do well to drop her ‘boot on the neck’ inflammatory language and err on the side of caution

The Guardian view on Labour’s feelgood economy: it’s not for everyone – especially the poorest

Editorial: Ministers boast of rising wages. But for low earners, the cost of living crisis endures – with food and rent inflation erasing any pay gains

Trump’s China trade truce extension spurs market rally

Bourses in Australia and Japan hit record highs as hopes grow of trade deal within latest 90-day pause

Treasury targeting inheritance tax reforms to help plug UK deficit

Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budget

UK employers cut back on bonuses and hiring as economic slowdown hits jobs market

Unemployment remains steady but vacancy rates drop and pay growth slows

US inflation unexpectedly stays at 2.7%; UK ministers appoint advisers for Thames Water collapse ‘contingency plans’ – as it happened

US and China extend 90-day tariff truce; UK labour market slows as employers hold off hiring

US prices continued rise in July as Trump tariffs impact consumer costs

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June

Rising job losses and cooling wage growth pose a challenge for Rachel Reeves

The rise in NICs, Trump’s tariffs and weak consumer spending have hit firms but there are crumbs of comfort for the chancellor

Trump announces another 90-day pause on China tariffs

President signs executive order extending deadline for higher tariffs hours before agreement was due to expire