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Economic growth is not a magic wand for ending poverty

Misguided policies are hurting the poorest in society; our focus should be on reducing inequality not increasing GDP

Why did the $212bn tech-lender Silicon Valley bank abruptly collapse?

Was it the result of Trump-era regulation rollbacks, risk mismanagement at the bank, sharp interest rate rises – or a combination of all three?

What is happening in financial markets and could there be a global crisis?

Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash

Central banks must keep interest rates high to combat inflation, says OECD

Organisation also says UK will be only G20 economy apart from Russia to shrink this year

Extreme poverty could be eradicated globally by 2050 – report

Higher growth should mean stable employment and wages, with low- and middle-income countries seeing biggest improvements

Labour’s messaging on business tax is right. Just don’t leave a long-term plan until the last minute

The shadow chancellor has read the room on the need for a stable tax regime, but the ‘to-be-decided’ list is long

New Brexit trading rules could take more than two years to bed in fully

No 10 says UK is giving firms in Northern Ireland time to prepare with phased introduction

Russia could run out of money next year, says oligarch Oleg Deripaska

Western sanctions are causing serious pressure, with budget deficit forecast to jump

The Guardian view on Germany’s economic miracle: it was built on debt relief

Editorial: Cancelling loans put the Wunder into Wirtschaftswunder. Treat poor nations the same today

Bitter harvest for some in a global economy changed by Russia’s war

A year of conflict has brought soaring prices and faltering trade, but also a step change in the switch to renewables

Joe Biden nominates former Mastercard boss Ajay Banga to lead World Bank

US president puts forward choice to oversee new focus on climate crisis after resignation of Trump appointee David Malpass

Pakistan’s fresh £580m loan from China intensifies debt burden fears

Loan is on top of £25bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banks

Rockefeller Foundation boss favourite to succeed David Malpass at World Bank

Calls for White House to lose stranglehold on choosing bank’s leadership

World Bank chief resigns after climate stance misstep

David Malpass was criticised when he dodged question about fossil fuels’ link to climate crisis

FTSE 100 hits 8,000 points for first time as recession fears ease

The index of largest companies listed on the London Stock Exchange reaches its highest level

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  • Spirit airlines is dead and a bus travel boom looks likely – but will Greyhounds ever be cool again?
  • Lucy Powell appears to endorse Ed Miliband as Andy Burnham’s chancellor
  • Ed Miliband as chancellor would benefit every part of the UK – and the bond markets
  • When it comes to taxing the super rich, there’s no need to reinvent the wheel
  • Ocado boss Tim Steiner’s near £100m in pay raises ‘serious concerns’
  • Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy
  • Will Andy Burnham ‘go big’ in expanding the role of the state?
  • Lost your crypto access code? Be wary, there‘s a scam for that too
  • Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them
  • Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
  • The AI bubble has further to run despite the looming crash
  • Trump threatens 100% tariff on European countries that impose digital tax
  • Here’s what to do if your StubHub World Cup resale ticket is canceled
  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running

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