Economy
The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.
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Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central b…
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US unexpectedly lost 23,000 jobs in July as slump in growth continues
Estimates for previous two months were revised down sharply but unemployment rate held steady at 4.1% Business live – latest updat…
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Trump orders new 15% tariff on key material for solar panels and microchips
Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer Donald …
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Trump Issues Tariffs on Key Ingredient for Electronics and Solar Panels
The administration will impose a minimum import price for polysilicon, a key component for semiconductors and solar panels, as wel…
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Most Americans view rising living costs as biggest barrier to a better life, survey finds
When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security Americ…
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Why is Russia selling its gold?
Russia has become one of the world's biggest sellers of gold over the past 12 months. It's an attempt to raise cash in the face of…
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Healey urged to be bold on borrowing in first test of Burnham’s growth pledge
Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from mar…
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How Malta Became a Tax Haven for Crocs and Other U.S. Companies
The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
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Iran War: US Again Fabricates Talks On, “Deal Is Nigh” As Reuters Reports Even Greater Weapons Depletion; Iran Debunks Media Reports on Oman Negotiations v. “Opening”
Today's Iran war news: Disappointingly, more commentators are repeating Trump bogosity as the weapons and real economy crunch wors…
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Trump administration has paid back 60% of $165bn in tariff refunds
Government has so far returned $100bn to companies that paid levies US supreme court ruled illegal Business live – latest updates …
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AI ecosystem's 'circular' investment: risk or advantage?
Amid talk of an AI sector bubble, one aspect is under scrutiny. Many big AI players are invested in smaller ones, who then buy the…
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Bank battle: history suggests Burnham faces fight if he opts for windfall tax
As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households It has been a stellar w…
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Will Climate Change Make Homes Uninsurable?
In many countries, most buyers borrow to purchase homes, with insurance required. Climate change is breaking that model.
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U.S. Trade Deficit Dips in June as Imports Fall Back
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
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Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter
Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward It must feel strange…
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US Intervenes to Prop Up Japanese Yen Amid Worries About Possible Large Sales of Treasuries to Buy Yen, Carry Trade Unwind
On the US intervention to push up the yen, including some wee corrections of misperceptions.
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A Currency Trader at Heart, Bessent Bets on Japan’s Yen
Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
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UK manufacturing growth picks up as Trump tariff chaos eases
Factories in upbeat mood despite fears over economic impact of US war on Iran, poll finds Business live – latest updates UK manufa…
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What Are Companies Getting for All That A.I. Spending?
A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
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Oil prices plunge and Europe’s stock markets rally after Trump calls off Iran strikes
Brent crude drops by 5% after US president said talks on Middle East peace deal would resume Business live – latest updates Crude …
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Yen hits three-month high after Trump helps prop up currency
US and Japanese governments confirm they carried out a rare joint intervention late last week Why has Trump stepped in to prop up …
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Trump’s hypocritical new tariffs are a chance for the world to fight back | Joseph Stiglitz
The president’s pretext of stopping forced labour is only a ruse – he is trying to grab a share of global trade for the US Here he…
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Spain's wildfires: Counting the economic cost
Devastating wildfires are ravaging Spain's tourism, economy and nature. Could the country have done more to prevent the flames?
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The economic toll of Spain's wildfires
Devastating wildfires are ravaging Spain's tourism, economy and nature. Could the country have done more to prevent them?