2 h. ago US stocks register heavy falls as White House tries to talk up Trump tariffs

Dow, S&P 500 and Nasdaq all down by at least 2% and Tesla shares fall 15% for worst day since September 2020The US stock market continued to drop on Monday as the White House denied that Donald Trump’s trade policies were causing lasting chaos within the economy.The S&P 500 fell 2.7%, the Dow Jones dropped 2%, and the tech-heavy Nasdaq dropped 4% as investors sold shares in the so-called “magnificent seven” – Alphabet, Amazon, Apple, Microsoft, Meta, Nvidia and Tesla. Tesla’s shares had their worst day since September 2020, falling 15%. Continue reading...

Politics

3 h. ago Trump pushes ahead with tariffs as stock market plummets amid recession fears: Live updates

Ontario puts in place retaliatory tariffs on energy that it sends to New York, Minnesota, and Michigan

Economics

3 h. ago Wall Street sell off: Dow Jones and NASDAQ near historically bad days as fears over recession mount

The U.S. stock market is heading toward its worst day since 2022 following President Donald Trump’s trade tariff chaos with Canada, Mexico and other nations

Politics

3 h. ago West Ham vs Newcastle United LIVE: Updates from the London Stadium as Eddie Howe makes changes

West Ham vs Newcastle United LIVE: Updates from the London Stadium as Eddie Howe makes changes  Chronicle Live

Events

5 h. ago Risk of ‘Trumpcession’ rising, economists say, as global markets fall

Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investorsBusiness live – latest updatesThe risk that the US economy will enter recession this year is rising, according to economists, as Donald Trump’s chaotic approach to tariffs continued to hit markets.Shares on Wall Street fell sharply on Monday as investors bet the president’s unpredictable tariff trade war and handling of the economy would hit growth, amid a recent plunge in business and consumer confidence. Continue reading...

Politics

7 h. ago Wall Street falls again amid economic slowdown fears, as Musk’s Tesla falls 50% from all–time high – business live

Rolling coverage of the latest economic and financial news, as US markets slide after Beijing imposes tariffs on imports of agricultural goods from AmericaAnalysts at investment bank Jefferies remain optimistic about the prospects for the US economy in the second half of 2025 – while also fearing that it may slow more than expected in the first half of the year.In an updated US Economic Outlook, Jefferies tell clients:Broadly, these changes are modest relative to what we were looking for at the beginning of the year. We started out 2025 expecting growth to slow in the first half due to exactly the sort of tensions and uncertainty about policy that we are currently seeing. It now appears that the slowdown will be a bit more pronounced than we expected, but we remain optimistic about the second half of the year and beyond.We expect that the labor market will continue to cool gradually in the months ahead, with downside risks due to government spending uncertainty. We continue to expec...

Economics

7 h. ago North Sea tanker crash latest: Oil ship bursts into ‘massive fireball’ after colliding with cargo vessel

HM Coastguard say a rescue helicopter and multiple lifeboats have been deployed after MV Solong collides with US-flagged Stena Immaculate

Events

8 h. ago North Sea collision latest: Dozens of casualties after ‘massive fireball’ rips through Stena Immaculate tanker

HM Coastguard say a rescue helicopter, multiple lifeboats and a fixed wing aircraft have been deployed after MV Solong collides with Stena Immaculate

Events

8 h. ago Wall Street falls again as tariff fears grip markets – business live

Rolling coverage of the latest economic and financial news, as US markets slide after Beijing imposes tariffs on imports of agricultural goods from AmericaAnalysts at investment bank Jefferies remain optimistic about the prospects for the US economy in the second half of 2025 – while also fearing that it may slow more than expected in the first half of the year.In an updated US Economic Outlook, Jefferies tell clients:Broadly, these changes are modest relative to what we were looking for at the beginning of the year. We started out 2025 expecting growth to slow in the first half due to exactly the sort of tensions and uncertainty about policy that we are currently seeing. It now appears that the slowdown will be a bit more pronounced than we expected, but we remain optimistic about the second half of the year and beyond.We expect that the labor market will continue to cool gradually in the months ahead, with downside risks due to government spending uncertainty. We continue to expec...

Economics

9 h. ago North Sea collision latest: Coastguard scrambled and oil tanker on fire after colliding with cargo vessel

HM Coastguard say a rescue helicopter, multiple lifeboats and a fixed wing aircraft have been deployed after MV Solong collides into Stena Immaculate

Events

9 h. ago Trump refuses to rule out recession as chaotic trade war with Canada, Mexico and China escalates: Live updates

President’s remarks follow turbulent week as markets rattled by series of aggressive tariff announcements and immediate walkbacks

Politics

9 h. ago Rubio and homeland security confirm arrest of Palestinian activist who helped lead Columbia protests

Mahmoud Khalil was detained by Ice despite having a green card and his lawyers do not know where he’s being heldUS politics live – latest updatesA spokesperson for the US’s homeland security department – as well as the country’s top diplomat – have confirmed the arrest of Mahmoud Khalil, a graduate student at Columbia University until this past December who helped lead protests at the school against Israel over the war in Gaza.Homeland security department spokesperson Tricia McLaughlin confirmed the arrest of Khalil – who holds permanent US residency – in a statement on Sunday to Associated Press, saying it was made to support Donald Trump’s presidential orders “prohibiting antisemitism”. Continue reading...

Events

10 h. ago North Sea – live updates: Oil tanker on fire after collision with cargo vessel off East Yorkshire coast

HM Coastguard say a rescue helicopter, multiple lifeboats and a fixed wing aicraft have been deployed

Events

12 h. ago Top shipping broker Clarksons says war and Trump tariff fears have hit revenues

Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight ratesBusiness live – latest updatesThe world’s biggest ship broker has warned that geopolitical turmoil from war and Donald Trump’s tearing up of US foreign policy have hurt its revenues, sending its share price tumbling by nearly a fifth on Monday.Clarksons, which is listed on London’s FTSE 250 index of mid-sized companies, said the rates charged by shipping companies had dropped since the start of 2025, hit by concerns over the impact of tariffs. Continue reading...

Events

12 h. ago Lorraine Kelly updates fans on swollen face and is forced to apologise live on Good Morning Britain after VERY rude comment leaves Ed Balls stunned

The presenter, 65, left viewers of the ITV morning shows a little concerned after appearing on various programmes with a 'puffy' face last Friday.

Politics

12 h. ago Wales press conference LIVE as injury update issued ahead of England finale

The game against England will be Matt Sherratt's final game in charge of Wales.

Events

12 h. ago Former Australian PM Malcolm Turnbull says leaders must stand up to bullies after being lashed by Donald Trump

US president’s late-night social media post came after Turnbull criticised Trump’s leadership as ‘chaotic’Ex-Tropical Cyclone Alfred LIVE: latest news and updatesGet our breaking news email, free app or daily news podcastFormer Australian prime minister Malcolm Turnbull has said leaders should “not give in to bullies” after he was lashed by Donald Trump in a late-night social media post.Taking to Truth Social platform just before midnight Sunday night in Washington DC, the US president said Turnbull led Australia from “behind” and did not understand China.Sign up for Guardian Australia’s breaking news email Continue reading...

Politics

13 h. ago Trump refuses to rule out recession and new Canadian PM Mark Carney vows to win trade war: Live updates

President’s remarks follow turbulent week as markets rattled by series of chaotic tariff announcements and immediate walkbacks

Politics

14 h. ago F1 news LIVE: Lewis Hamilton’s Max Verstappen ‘promise’ revealed ahead of Australian Grand Prix

Follow live updates as Lewis Hamilton prepares for his Ferrari debut in F1 at the Australian Grand Prix in Melbourne to kick off the 2025 season

Sport

14 h. ago China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live

Rolling coverage of the latest economic and financial newsChina’s stock markets have dropped today, as the double-whammy of trade war fears and deflation weighed on investors.The CSI 300 index dropped by 0.4%, while in Hong Kong the Hang Seng index slid by 1.8%.The week starts on a sharp negative note for the Chinese stocks, as the latest inflation update showed that consumer prices in China fell the most in more than a year .Overall, the week is expected to bring more tariffs the Chinese tariffs on US agricultural and some Canadian products will start today, while the US steel and aluminium tariffs will be live from Wednesday.Monday kicks off with the same old deflationary drumbeat as China’s consumer inflation took a deeper dive than expected, slipping below zero for the first time in over a year. The data only reinforces what’s been clear for months—deflationary pressures remain firmly entrenched in the world’s second-largest economy.The property sector remains stuck in the mud, ...

Economics