Economy
The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.
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Trump’s Tariffs Are Sending Some Companies Back to China
For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
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Could El Nino, two wars and soaring energy prices trigger a global hunger crisis?
The wars in Ukraine and the Middle East haven't yet crippled global food supplies. Add a powerful weather pattern like El Nino, ho…
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EU grain harvest loses over €2bn to June heatwave
A late-June heatwave has wiped more than €2 billion from the value of the European grain harvest, forcing a 3% output downgrade th…
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UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts
Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’ Andy Burnham has been wa…
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Iran War: Despite Serious Damage to Saudi Oil Infrastructure and No Settlement in Sight, Oil Prices Drop; Netanyahu to Talk War with Trump
Today's Iran war news: The press and investors weirdly ignore serious damage to Saudi oil assets and instead trust the negotiation…
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Marmite and Dove owner Unilever warns of price rises due to growing costs
Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaigns Business live – latest updates Un…
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Social Security and the Vanishing Paycheck
Social Security runs on the paycheck. But a growing share of American wealth now comes from profits, assets, and ownership.
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Iran War: Trump Dithers as Strait of Hormuz Damage Compounds; Ansar Allah-Saudi Conflict Spirals, Adding to Economic Harm; Iran Threatens Retaliation Against Ukraine
Today's Iran war news: The US-Iran strikes remain on hold for a second day. But Netanyahu and other Lindsey Graham fans are in DC …
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Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Brent crude drops 6% to below $91 a barrel, while shares in energy firms BP and Shell slide on FTSE 100 Business live – latest upd…
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Middle East oil shock risks BoE rate hikes despite weak UK demand
A surge in Brent crude above $100 a barrel following renewed conflict between the US and Iran is forcing the Bank of England to re…
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Wealth tax advocate Stevenson quits YouTube as debate heats up
Gary Stevenson is ending his weekly YouTube broadcasts, stepping back from the public debate over wealth taxation just as the poli…
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UK consumer confidence jumps, but K-shaped spending persists
A sharp rise in UK consumer confidence following the new prime minister's policy announcements masks a widening wealth divide that…
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Takaichi's unfunded ¥370tn spending plan triggers market panic
Prime Minister Sanae Takaichi's plan to invest ¥370tn across 17 industrial sectors by 2040 has spooked investors, pushing bond yie…
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A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder
Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.
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Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre
Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel Get our breaking new…
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Could a Crash Halve Stock Prices?
US and UK stock prices are in nosebleed terrain. How far could they fall?
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Why Trump's 'forced labor' tariffs leave the world puzzled
After the US Supreme Court struck down Donald Trump's emergency tariffs, the White House has turned to another trade law linked to…
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Iran War: Trump Threatens More Intense Attacks as Advisors Push for Humanitarian Crisis by Hitting Food and Water Stores; Oil Rises to Over $100 a Barrel; Iran Warns UK; Trump Retrades Saudi Nuclear Deal with Abrams Accord Requirement
Today's Iran war news: Trump may have aged out of his TACO habits and is readying new, potentially global-economy-wrecking, attack…
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Pakistan’s US-Iranian Mediation Services Were Just a Bid To Get a Multibillion-Dollar Bailout
As many suspected, Pakistan's mediation between the US and Iran wasn’t a selfless diplomatic service for regional peace, after all…
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Trump’s Global Tariffs: What’s the Latest on the Trade War
The president has unveiled a complicated system to forge ahead with his trade war, after the Supreme Court stuck down his original…
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White House trails announcement on tariffs amid reports of new duties
Trump officials say they will announce next phase of US trade policy as 10% global tariffs are due to expire on Friday Donald Trum…
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Trump Prepares Yet Another Strategy to Resurrect Global Tariffs
The administration’s 10 percent global tariffs are set to expire at midnight, but officials have been preparing replacements.
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ECB keeps interest rates unchanged amid Iran war inflation
The European Central Bank has kept its base interest rates steady but said it was "closely monitoring" the energy price shock. The…
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Oil prices jump as Hormuz, Red Sea crises deepen
Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once…