US inflation rose to 3.7% in September in blow to Republicans before midterms

Final inflation report before voters go to polls comes amid widespread anger over cost of living under Trump

‘Ugly’ jump in US inflation, driven by gasoline prices, in blow to Trump before midterm elections – as it happened

Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand, the IEA’s new oil market report, and US inflation

Closer EU trade ties greater prize for UK than making separate deals, minister says

Exclusive: Douglas Alexander, on trade delegation to India, talks up economic benefits of joint trading arrangements with Europe

Excluding UK from ‘Made in Europe’ law will hurt entire EU car industry, Mercedes boss warns

Ola Källenius says it will ‘weaken the industry on both sides’ ahead of act intended to counter non-EU competition

‘From liabilities to goldmines’: refineries eye record profits from diesel shortage

Firms turning crude oil into the ‘workhorse’ fuel stand to gain most despite economic fallout from record prices

Bank of England and IMF bosses warn of cyber threat to trust in financial system

Kristalina Georgieva says online fraud could lead people to opt out of system and turn to ‘shoeboxes under their bed’

Global financial system is failing developing countries, says Ed Miliband

UK foreign secretary will call for World Bank and others to help governments trapped by hefty borrowing costs

BBC asks judge to force Trump to sit for deposition as part of his $10bn lawsuit

BBC asks US federal judge to compel Trump’s lawyers to schedule deposition after his team canceled initial session

The RBA keeps hiking interest rates – but are the rate rises actually working?

With the cash rate at a 15-year high, consumer confidence has tanked – while household spending is still growing

Threat of AI share crash puts world financial stability at risk, says IMF

High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacks

Is punishing the poor Trump’s last hand to play?

The pre-midterm defenestration of ACA enrollees looks like political madness – but the president appears to believe hitting poor people might work for him

IMF raises UK growth forecast as economist says Healey should ‘stay the course’

Fund upgrades UK’s GDP growth forecast for 2026 to 1.3%, but says it is likely to edge down next year

‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation

IMF warns global economy ‘could soon test the limits of resilience’

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026

Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises

US economists developed models that help central bankers and finance ministers to stabilise their economies