Politics
Warsh to review how Fed works after holding US interest rates at first meeting
The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Politics
Politics
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
The June FOMC Minutes reinforced the Fed’s cautious approach as policymakers unanimously agreed to maintain interest rates unchanged while keeping a close eye on inflation risks.
Politics
Federal Reserve holds interest rates steady for fourth time this year
The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous t…
Politics
The Guardian view on Britain and the EU: Ed Davey is right – a changed world changes the argument | Editorial
Membership of the European single market was at stake when the UK voted on Brexit, but it was not the decisive question in the campaign. The leave campaign dishonestly promised a cost-free severance of ties with Britain…
Politics
I once protested against the G7. I feel no need now, because it’s collapsing all by itself | Zoe Williams
When 200,000 protesters gathered to meet the G8 summit in Genoa , 25 years ago, their point (our point, in fact; I went on a coach, it took two and a half days) was that eight rich nations shouldn’t dictate the rules to…
Politics
Index-linked Treasury Stock
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Politics
Protesters to rally against World Cup sponsor Hyundai before Mexico game
Hyundai will be targeted by protesters at a rally before the Group A game between Mexico and South Korea in Guadalajara on Thursday, due to the World Cup sponsor’s business dealings with the South American mining compan…
Politics
Labour came to power with no big idea for relations with EU, says former top diplomat
Ivan Rogers, Britain’s EU ambassador from 2013 to 2017, says party’s ideas did not ‘remotely measure up’ to challenge
Politics
What is happening to UK prices?
Inflation in the UK was 2.8% in the year to May, according to new figures from the Office for National Statistics.
Politics
UK social media ban ‘likely to cause £1.3bn drop’ in digital advertising spend
Brands are expected to cut more than £1bn of digital advertising spending due to the UK’s ban on social media for under-16s, with streaming services tipped to benefit as advertisers try to reach large audiences of teena…
Politics
Announcement of the publication of the Governor's interview transcript
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Politics
Capital gains tax: more people have to pay, so here’s what you need to know
The rules have changed and more taxpayers are being pulled into the net, not only the wealthy
Politics
Fashion tycoon Bernard Arnault accused of stranglehold over French business press
He is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
Politics
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Politics
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast
Politics
European parliament finally approves Trump tariff deal
The European parliament has given its final approval to implement last July’s tariff agreement with Donald Trump.
Politics
The tide is turning on Thames Water: special administration looks best | Nils Pratley
At last, Emma Reynolds, the environment secretary, has opined on the future of Thames Water. So what’s it to be? A takeover by the company’s creditors? Special administration, which would allow anyone to pitch up with a…
Politics
Struggling Pizza Hut restaurant chain to be sold in two deals worth $2.7bn
The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands.
Politics
SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation
Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn (£44bn) and has moved ahead of Amazon in valuation days after its stock market debut.
Politics
Retail giants join UK government drive to boost ‘plug-in’ balcony solar panels
Bosses of some of Britain’s biggest retailers are discussing plans with the government to start selling plug-in solar panels as part of a drive to encourage more UK homes to generate their own electricity.
Politics
Fujitsu chair resigns after ‘woman-related inappropriate conduct’
The chair of Fujitsu, the Japanese technology firm at the centre of the Post Office IT scandal, has resigned after its board became aware of his “woman-related inappropriate conduct”.
Politics
How the Iran war affects your money and bills
From petrol prices to mortgage rates, the US-Israel war with Iran has already had an impact on people's finances in the UK.
Politics
Mamdani’s pied-à-terre tax isn’t far off Labour’s housing policy. Not that you’ll ever hear Starmer say it | Anna Minton
In April, to mark the day on which Americans are expected to file their taxes, the New York mayor, Zohran Mamdani, filmed himself on Billionaires’ Row , an enclave of super-tall apartment buildings just south of Central…
Politics
Japan hikes interest rates to highest since 1995 to fight inflation from Iran war; Thames Water rescue in doubt – business live
Thames Water has moved a step closer to nationalisation after government ministers reportedly formally objected to the £10bn rescue deal proposed by its creditors.