46 h. ago What is private credit, and should we be worried by the collapse of US firms?

First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banksThe collapse of two US firms, First Brands and Tricolor, has shone a light on private credit and its growing influence in the global economy.The failures have led to ballooning losses at traditional banks, and, coupled with worries about the health of US regional banks, have raised concerns about weak lending standards and potential threats from an opaque corner of the so-called shadow banking sector. Continue reading...

Economics

3 d. ago What are rare earths and critical minerals – explained in 30 seconds

Rare earths are a specific category of critical minerals crucial for defence, auto and electronic industries that have become a flashpoint in diplomacy and tradeCritical minerals are vital for the global economy and include nickel, manganese and cobalt.Rare earths are a specific, highly useful category of critical minerals that are used to make magnets essential for the auto, electronic and defence industries, as well as in renewable energy. Securing reserves and production of rare earths has become a flashpoint in global diplomacy and trade. Continue reading...

Politics

3 d. ago Trump issues chilling threat to Hamas as Gaza descends into bloody civil war: 'We will have no choice'

President Donald Trump issued a stern warning Thursday to Hamas, as the Palestinian terror group has been caught executing fellow Palestinians amid the ceasefire with Israel.

Events

4 d. ago The AI bubble is a bigger global economic threat than Trump’s tariffs

America’s use of import duties has been constrained by financial markets and economic reality

Economics

4 d. ago The AI bubble is a bigger global economic threat than US tariffs

America’s use of import duties has been constrained by financial markets and economic reality

Economics

4 d. ago What to know about President Trump's threat to take World Cup matches from Boston

On Tuesday, President Donald Trump threatened to relocate World Cup matches set to be played next year in suburban Boston, after suggesting that parts of the city had been “taken over” by unrest

Politics

4 d. ago Boston mayor Michelle Wu dismisses Trump threat to remove World Cup games from city

Trump claimed Fifa president could ‘easily’ move gamesWu says Trump comments are ‘targeting Boston values’The mayor of Boston, Michelle Wu, implied the city was ready for a face-off with the US president Donald Trump over his claim he could order Fifa to remove World Cup games from Gillette Stadium in Foxborough, 22 miles south-west of the city.Wu appeared on local podcast “Java with Jimmy” on Wednesday to respond to Tuesday’s criticism from the White House, which labeled the Democrat as “radical left”. Trump threatened he would make a call to the Fifa president, Gianni Infantino, if Boston did not “clean up its act”. Continue reading...

Politics

5 d. ago Donald Trump issues harrowing threat to Hamas amid Gaza ceasefire deal

President Donald Trump has warned Hamas that the US is prepared to bring about their disarmament "quickly and perhaps violently" after the terror group "failed to fulfil their side of the deal".

Events

5 d. ago The next global economic earthquake is set to strike and Britain is completely unprepared. I fear for all of us

Reeves' pledges to 'fix the foundations' of the British economy have subsided. The Chancellor's refrain that she would never take the risks the Conservatives took has proved hollow.

Economics

5 d. ago Donald Trump issues harrowing threat to Hamas as Gaza ceasefire deal hangs by a thread

Donald Trump, the US President, spoke to journalists at the White House after Israeli Prime Minister's Office confirmed authorities received the remains of four more dead hostages

Events

5 d. ago Trump threatens removal of World Cup games from Boston, Olympics from LA

US President says games could be moved due to safetyBoston street takeovers, LA wildfires are blamedDonald Trump has again said he’d pressure Fifa to remove 2026 World Cup games from a host city on the basis of that city’s politics, with Boston becoming the third such city to come in for threats from the US president. Trump also said he would consider similar action against Los Angeles for the 2028 Olympics on account of potential safety issues.Trump has no legal authority to directly take either action, but he can apply pressure to each competition’s governing body to move host cities. Continue reading...

Politics

5 d. ago Trump issues chilling threat to Hamas as peace deal hangs by a thread: 'They know what I mean'

'They will disarm - and if they don't I'm gonna make them disarm,' the president told reporters at the White House. 'They know what I mean.'

Politics

5 d. ago Trump turns attention to Spain with 'punishment' threat after doing well 'off our backs'

Donald Trump has taken a brief pause on his tariff threats to Russia to focus on his latest country of interest – Spain – and says he's 'not happy' with the NATO nation

Politics

5 d. ago Putin's closest ally issues chilling nuclear war threat after Trump remarks

Belarusian President Alexander Lukashenko issued a chilling nuclear war threat after Donald Trump said he would send Tomahawk missile systems to Ukraine

Events

5 d. ago IMF upgrades US growth outlook as Trump's tariffs cause less disruption than expected

The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging

Politics

5 d. ago World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF

UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact Business live – latest updatesThe global economy has shown “unexpected resilience” in the face of Donald Trump’s tariffs, but the full impact is yet to be felt, and outlook for growth remains “dim”, the International Monetary Fund (IMF) has warned.As policymakers gather in Washington for its annual meetings, the IMF has upgraded its forecast for global GDP growth this year to 3.2%, from 3% at its last update in July. Next year’s global forecast is unchanged, at 3.1%. Continue reading...

Politics

6 d. ago US treasury secretary accuses Beijing of trying to damage global economy; silver hits record high – business live

Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?A flurry of takeover talk speculation has pushed up shares in budget airline EasyJet this morning.EasyJet’s shares are up over 7%, leading the risers on the FTSE 100 share index.“[The group] does not believe the redress methodology proposed by the FCA appropriately reflects actual customer loss or achieves a proportionate outcome.“...the FCA’s proposed approach to assessing unfairness does not align with the legal clarity provided by the supreme court judgement in respect of the “Johnson” case, which confirmed that the test for unfairness is highly fact specific and must take into account a broad range of factors. The group will continue to engage with the FCA in respect of these points.“Many motor finance lenders did not comply with the law or the rules. It’s time their customers get fair compensation. Recent court judgments show that liabilities exist no matt...

Events

6 d. ago Scott Bessent accuses China of trying to damage global economy

US Treasury secretary tells FT Beijing’s restrictions on critical mineral exports will hurt its own international standing

Events

6 d. ago Trump's rare earth row with China casts a dark shadow over the global economy, says ALEX BRUMMER

Washington and Beijing are at daggers, despite Trump's claims of a good relationship with supreme Chinese leader Xi Jinping (pictured together).

Politics

6 d. ago Trump says he’s on brink of sending long range missiles to Ukraine – prompting Russian INSULT and chilling nuke threat

US PRESIDENT Trump said he could give Ukraine Tomahawk missiles to pressure Russia to end the war. In a sign he is fed up with Moscow dragging its feet over peace talks, Trump said: “I might say, ‘Look: if this war is not going to get settled, I’m going to send them Tomahawks’.” Trump hailed...

Events