3 h. ago Cate Blanchett criticises Donald Trump’s controversial Hollywood tariff plan

The Oscar-winning actress also questioned the idea of Hollywood as a purely American institution

Politics

12 h. ago As a hotel boss, I saw the chaos unions unleashed on Britain in the 1970s. Now Rayner's workers' rights Bill is set to drag us back to the age of socialism on steroids

Many people today will not remember the 1970s. Indeed, most of the leading figures in our Government are too young to do so. But I recall them only too well.

Economics

28 h. ago IMF chief warns of broader risks from US strikes on Iran, as oil falls back from five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors such as Ireland’s unusual jump in growth inflated this figure. Continue rea...

Events

30 h. ago IMF chief warns of broader risks from US strikes on Iran, after oil hits five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe UK stock market has dropped at the start of trading, as traders weigh up the situation in the Middle East.Airline shares are down, with easyJet (-2.1%) and British Airways parent company IAG (-2.2%) leading the fallers on the FTSE 100 share index. Higher oil prices push up their costs, and the crisis could also force airlines to cancel flights to the region. Continue reading...

Events

56 h. ago Astonishing figures show just how much money America is making from Trump's new tariffs

The US raked in astonishing figures from import duties in April and May as Donald Trump's tariffs began to kick in. 

Politics

3 d. ago Top Federal Reserve official calls for rate cuts as soon as July

Governor Chris Waller says US has yet to see an inflation ‘shock’ from Donald Trump’s tariffs

Politics

4 d. ago I grew up on American food. Trust me, it’s the last thing Europe needs | Alexander Hurst

The EU is under pressure to strike a trade deal with Trump, but an influx of mass-produced, low-quality food must be off the tableAll over European media, the take seems to be similar – that the EU is “under pressure” to conclude some sort of deal with the US in order to avoid Donald Trump’s 9 July deadline for the unilateral imposition of broad tariffs. What might be on the table in the attempt to secure that? In early May, the EU trade commissioner, Maroš Šefčovič, was already suggesting that a deal to increase purchases from the US could include agricultural products – a possibility that seems to remain even though Šefčovič later clarified that the EU was not contemplating changing its health or safety standards.Since I have failed to Abba (“Always be boldly acronyming”) and don’t have anything as good as Taco (“Trump always chickens out”) – coined by the Financial Times columnist Robert Armstrong – at the ready, I’ll simply reach for the easy line: opening the door even slightly...

Politics

5 d. ago Tariffs are already making your health insurance costs go up

Health insurance research professor says there is a ‘perfect storm of factors’ driving prices up

Economics

6 d. ago Toy company challenges Trump’s tariffs before the Supreme Court in long shot bid for quick decision

An Illinois toy company is challenging Donald Trump’s tariffs at the Supreme Court

Politics

7 d. ago US retail sales fall and Americans turn cautious after spending early this year to beat tariffs

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports

Economics

7 d. ago At least 15 die in Russian strikes on Kyiv in ‘one of most horrific attacks’ of Ukraine war – Europe live

Zelenskyy hits out at Putin and says world leaders ‘turn a blind eye’ after attack in which more than 100 people were woundedRussian strikes on Kyiv kill at least 14US president Donald Trump has repeated his threat to impose pharmaceutical tariffs saying they were “coming very soon” and criticised the EU for not offering a fair deal on trade.His comments, reported by Reuters, come from his brief chat with reporters on board Air Force One, on the way back from the G7 summit in Canada. Continue reading...

Events

7 d. ago Has Starmer caved to Trump on trade AGAIN? PM and US president parade deal

Keir Starmer and Donald Trump put on an old pals act at the G7 in Canada as they showed off a text implementing the broad agreement struck last month.

Politics

7 d. ago Trump to leave G7 summit early and return to Washington – US politics live

White House says president – who earlier warned people in Tehran to evacuate – will leave summit in Canada todayA federal judge is set to consider on Monday whether to extend an order blocking President Donald Trump’s plan to bar foreign nationals from entering the United States to study at Harvard University.US District Judge Allison Burroughs during a hearing in Boston will weigh whether to issue an injunction barring Trump’s administration from implementing his latest bid to curtail Harvard’s ability to host international students while the university’s lawsuit challenging the restrictions plays out. Continue reading...

Politics

7 d. ago Trump says UK is protected from tariffs ‘because I like them’ as trade deal finalised?

UK aerospace sector will face no tariffs from the US while auto industry lowered to 10% from 25%Keir Starmer and Donald Trump have finalised a UK-US trade deal at the G7 summit in Canada, with the US president saying Britain would have protection against future tariffs “because I like them”.The two leaders presented the deal, which covers aerospace and the auto sector, at the G7 venue in Kananaskis, Alberta. Continue reading...

Economics

7 d. ago Trump says UK is protected from tariffs ‘because I like them’ as trade deal is signed off

UK aerospace sector will face no tariffs from the US while auto industry lowered to 10% from 25%Keir Starmer and Donald Trump have signed off a UK-US trade deal at the G7 summit in Canada, with the US president saying Britain would have protection against future tariffs “because I like them”.The two leaders presented the deal, which covers aerospace and the auto sector, at the G7 venue in Kananaskis, Alberta. Continue reading...

Economics

7 d. ago Furniture chain At Home files for bankruptcy and announces plans to close stores

The furniture store listed several factors, including the aftermath of the Covid-19 pandemic and President Donald Trump’s tariffs, for its filing for bankruptcy

Politics

7 d. ago Suspect in Minnesota lawmaker killing had more than 45 names of elected officials, FBI says – live

FBI affidavit says suspect Vance Boelter had names and home addresses for more than 45 officials, ‘mostly or all Democrats’A federal judge is set to consider on Monday whether to extend an order blocking President Donald Trump’s plan to bar foreign nationals from entering the United States to study at Harvard University.US District Judge Allison Burroughs during a hearing in Boston will weigh whether to issue an injunction barring Trump’s administration from implementing his latest bid to curtail Harvard’s ability to host international students while the university’s lawsuit challenging the restrictions plays out. Continue reading...

Events

7 d. ago Suspect in Minnesota lawmaker killing visited other legislators’ homes, prosecutors say – live

Prosecutors said suspect Vance Boelter also visited the homes of two other lawmakers on Saturday while disguised as a police officerA federal judge is set to consider on Monday whether to extend an order blocking President Donald Trump’s plan to bar foreign nationals from entering the United States to study at Harvard University.US District Judge Allison Burroughs during a hearing in Boston will weigh whether to issue an injunction barring Trump’s administration from implementing his latest bid to curtail Harvard’s ability to host international students while the university’s lawsuit challenging the restrictions plays out. Continue reading...

Events

7 d. ago Trump meets with Carney as G7 summit begins amid trade tensions and Iran

Trump begins trip by meeting Canadian prime minister; conflict in Middle East likely to dominate agenda at meeting in Canada’s Rocky MountainsA federal judge is set to consider on Monday whether to extend an order blocking President Donald Trump’s plan to bar foreign nationals from entering the United States to study at Harvard University.US District Judge Allison Burroughs during a hearing in Boston will weigh whether to issue an injunction barring Trump’s administration from implementing his latest bid to curtail Harvard’s ability to host international students while the university’s lawsuit challenging the restrictions plays out. Continue reading...

Politics

7 d. ago Keeping yourself alive could become way more expensive with Trump tariffs

Are you or someone else you know reliant on insulin, chemotherapy drugs or pain killers? Branded prescriptions drugs could become more expensive and generic versions could face more shortages if Trump implements tariffs

Politics