38 h. ago Hiring slows across US amid uncertainty over Trump’s tariffs

The number of Americans applying for unemployment benefits has risen to the highest level in eight months

Politics

63 h. ago The number of Americans filing for jobless benefits last week rises to highest level in eight months

Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy

Politics

3 d. ago UK steel industry welcomes Donald Trump decision not to impose 50% tariffs but ‘uncertainty remains’

Donald Trump has decided to 'provide different treatment' to the UK with a trade deal still to be finalised

Politics

3 d. ago Britain spared Trump's new 50% steel tariffs but industry remains gripped by uncertainty

Gareth Stace, the director general of UK Steel, said that Donald Trump’s decision is a ‘welcome pause’

Politics

4 d. ago Steel industry welcomes 25% tariffs but warns ‘uncertainty remains’

Gareth Stace, the director general of UK Steel, said that Mr Trump’s decision is a ‘welcome pause’.

Events

4 d. ago Speed of UK rate cuts ‘shrouded in uncertainty’ after tariffs, Bank boss says

Andrew Bailey told MPs during a Treasury Committee session that the Bank had ‘genuine concerns’ about escalating trade tensions.

Economics

4 d. ago Global economy to slow as Donald Trump’s trade wars hit growth, OECD warns – business live

Rolling coverage of the latest economic and financial news, as OECD forecasts global growth will slow to 2.9% in 2025 and 2026UK will slump to 1% growth next year as Trump tariffs bite, says OECDUS firms say Trump trade war is hitting production as dollar nears three-year lowUS economic growth is expected to slow markedly to 1.6% in 2025 and 1.5% in 2026, the OECD says.That’s relatively weak growth by recent standard, and slower than the “robust” growth of 2.8% recorded in 2024.Annual headline inflation is set to pick up to 3.9% by end-2025 due to higher import prices but is expected to ease throughout 2026, aided by moderate GDP growth and higher unemployment.Risks to the growth projection are skewed to the downside, including a more substantial slowing of economic activity in the face of policy uncertainty, greater-than-expected upward pressure on prices from tariff increases, and large financial market corrections. Continue reading...

Events

5 d. ago US firms say Trump trade war is hitting production as dollar nears three

Manufacturing survey signals third monthly decline in output in a row amid uncertainty over tariffsUS manufacturers have warned that Donald Trump’s trade war is hitting production, pushing the dollar close to a three-year low against sterling on Monday.The greenback suffered a fresh sell-off, after the closely watched ISM survey of the manufacturing sector signalled a third monthly decline in output in a row. Continue reading...

Events

8 d. ago Asian shares mostly decline as uncertainty grows about what's next with Trump's tariffs

Asian shares are trading mostly lower, as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs

Politics

9 d. ago Trump tariffs live: President to fight trade ruling as White House claims ‘unelected’ judges ‘brazenly abusing’ powers

Wall Street opened higher on news that court has struck down Trump’s tariffs, though further expected uncertainty tempered gains, as the Dow slipped into negative territory

Events

9 d. ago Trump fury over US court bid to block tariffs – as experts warn uncertainty could hit economy

A ruling by three US judges has been described as ‘good news’ for countries negotiating trade deals with Trump but brought warnings of uncertainty and confusion

Events

9 d. ago The trade court’s Trump tariff decision is a ‘deeply American problem’ – with enormous global implications

Experts warned the court decision will not necessarily provide any relief to countries hoping for lower tariffs or even trading uncertainty with the US, Rachel Clun reports

Politics

9 d. ago The trade court’s Trump tariff decision is a ‘deeply American problem’

Experts warned the court decision will not necessarily provide any relief to countries hoping for lower tariffs or even trading uncertainty with the US, Rachel Clun reports

Politics

2 w. ago Meta 'have turned UK into the home of fraud', bank boss says

Lloyds chief executive Charlie Nunn told MPs payment scams are 'going to get worse' unless the likes of US tech giant Meta take action.

Economics

2 w. ago Online criminals attacking HSBC ‘all the time’, says head of UK arm

Ian Stuart tells MPs that cybersecurity is biggest expense as bank systems face scrutiny after M&S and Co-op attacksThe boss of HSBC’s UK arm has said the bank is “being attacked all the time” by online criminals, with cybersecurity now its biggest expense, costing the lender hundreds of millions of pounds.Ian Stuart sought to reassure MPs that cybersecurity was “very much at the top of our agenda”, amid growing concerns that other large businesses could fall victim to the kind of attacks that have caused chaos at retailers such as Marks & Spencer and the Co-op. Continue reading...

Events

2 w. ago Eurozone growth forecasts cut amid uncertainty over Trump trade war

Tariffs impact demands ‘considerable downgrade’, to 0.9% this year and 1.4% in 2026, says European CommissionBusiness live – latest updatesThe European Commission has cut its growth forecasts for the eurozone this year and next as a result of uncertainty caused by Donald Trump’s tariff wars.The commission said the impact of tariffs demanded a “considerable downgrade” to the expected growth this year of the 20-member eurozone to 0.9% from the previous forecast, made in November, of 1.3%. Continue reading...

Politics

3 w. ago US house hunter inquiries about UK homes jump – here is where buyers are looking

Rightmove highlighted global economic uncertainty following recent announcements about US tariffs.

Society

3 w. ago US lost business travelers in April as economic anxiety and border detentions cooled demand

Business travel to the U.S. fell 9% in April as companies and workers grappled with economic uncertainty and anger over the Trump administration’s tariffs and border policies

Economics

3 w. ago US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy

Economics

3 w. ago Chinese businesses view tariff pause with caution and uncertainty

While U.S. President Donald Trump has talked of victory after reaching a weekend deal with China to reduce the sky-high tariffs levied on each others’ goods, businesses in China are reacting to the temporary deal with a cautious wait and see approach

Economics