2 d. ago Rachel Reeves live: Economists fear more tax hikes in autumn Budget after UK borrowing soars

Rachel Reeves is preparing for crucial talks with her US counterpart as she pushes to secure a trade deal

Economics

3 d. ago Trump’s tariffs spark global recession fears as White House hints at trade deal with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Economics

1 week ago Asian shares sell off as US curbs on Nvidia chip sales to China fuel trade fears; UK inflation slows to 2.6% – business live

Gold surges nearly 2% to new record high; UK food inflation slows and fuel prices fall while clothes prices riseFinancial markets are betting on an interest rate cut from the Bank of England meeting at its May meeting, estimating an 86% probability.They have fully priced in three quarter-point rate reductions this year.A sharp pickup in inflation from April is all but guaranteed. Ofgem’s 6.4% increase to its price cap, after a large fall last year, means we expect the energy component will add 0.7ppts to CPI inflation in April. A significant increase in water bills means the contribution from the core goods category is also set to rise. In addition, we expect businesses to pass on some of the increase in labour costs caused by the recent rises in employers’ National Insurance Contributions (NICs) and the National Living Wage onto consumers. Inflation is likely to peak in the autumn, before starting to cool as the contribution from the energy category fades.The MPC has lowered Bank R...

Economics

1 week ago China halts critical rare earth mineral exports as Trump teases new tariffs

US president says he will announce tariff rates on semiconductors next week

Politics

1 week ago How YOU can invest like the legendary Warren Buffett: Of the world's 10 richest billionaires he's the only one who grew his fortune last week... here's how

As investors worldwide nursed huge losses in the wake of US President Trump's tariff wars last week, one escaped relatively unscathed.

Economics

2 w. ago Boca Raton plane crash LIVE: Three feared dead as aircraft smashes into street causing huge fire

A plane has crashed in Boca Raton, Florida, with concerns multiple people have died and witnesses reporting seeing plumes of grey smoke close to the site of the impact

Events

2 w. ago Keir Starmer admits he has not spoken to Donald Trump since tariffs were unveiled

The prime minister denied that Mr Trump is refusing his calls, saying their teams ‘talk all of the time’

Politics

2 w. ago Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Economics

2 w. ago Rumors fuel wild volatility on Wall Street as stocks meltdown persists in Europe and Asia

DAILYMAIL.COM LIVE BLOG: Wall Street is fearing Black Monday. 2.0. Read the latest

Politics

2 w. ago 14579671 Wall Street in huge turnaround as stocks surge into the green after S&P 500 had hit worrying milestone

DAILYMAIL.COM LIVE BLOG: Wall Street is fearing Black Monday. 2.0. Read the latest

Events

2 w. ago Trump tariffs live: FTSE sinks in market chaos as fears grow US president will trigger global recession

US president describes sweeping tariffs as ‘medicine’ as billionaire who endorsed Trump calls for pause to avert ‘economic nuclear winter’

Politics

2 w. ago Global financial 'bloodbath' as Trump's tariffs spark fears of worldwide recession, Hong Kong shares have worst day for 28 years and European stock futures tank

Futures were pointing to further losses in Europe and on Wall Street, with Trump refusing to lift the levies unless foreign governments pay 'a lot of money'.

Economics

2 w. ago Trump tariffs live: FTSE opens sharply down after Asian markets plummet over trade fears

US president calls sweeping tariffs ‘medicine’ as fears of global trade war lead investors to ramp up bets on risk of recession

Politics

2 w. ago Global stock market meltdown leaves Wall Street fearing repeat of 1987's Black Monday amid Trump tariff fallout

Fears are growing that Wall Street is about to see Black Monday 2 tomorrow - which would make last week's sell-off caused by President Donald Trump's tariffs look tiny. 

Politics

2 w. ago 'Black Monday 2' fears rise as stock futures sink sharply again as Trump tariff fallout escalates

Fears are growing that Wall Street is about to see Black Monday 2 tomorrow - which would make last week's sell-off caused by President Donald Trump's tariffs look tiny. 

Politics

3 w. ago Retirees keep their eyes on the economy as Trump's tariffs roil financial markets

With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of mind for many retirees

Economics

3 w. ago Wall Street selloff caps brutal week for markets as Trump tariffs rattle investors

Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff planWall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’s risky bid to overhaul the global economy with sweeping US tariffs.The US president doubled down on his plan on Friday, insisting he would not back down even as the chairman of the Federal Reserve warned it would likely raise prices and slow down economic growth. Continue reading...

Economics

3 w. ago Ukrainians who fled war fear deportation under Trump: ‘I am young, I want to live’

Trump’s moves have pushed hundreds of thousands of Ukrainians into a state of insecurity after they were welcomed to a safe havenNot long after Russia invaded Ukraine in 2022, Danyil packed everything he could in a bag and traveled 15 hours by bus from the Zakarpattia region in western Ukraine to the Czech Republic.He fled the war at 17, just as the Ukrainian president, Volodymyr Zelenskyy, forbade men between the ages of 18 and 60 from leaving the country. Now aged 20, he watches from the US as the war drags on. In December, Zelenskyy said 43,000 Ukrainian soldiers have been killed and another 370,000 have been wounded in the war. Continue reading...

Politics

3 w. ago Trump declares tariffs are ‘going very well’ despite $3 trillion Wall Street rout and fears over global recession: Live

President Trump’s comments come amid U.S. markets suffering their steepest declines since 2020

Economics

3 w. ago Trump gives stunning response to Wall Street bloodbath as his tariffs cause biggest stock drop since Covid crash

Wall Street was shell shocked Thursday after the biggest stock market rout since Covid/ Trump's tariffs sparked fears of a US and global recession.

Events