38 h. ago Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

38 h. ago Trump says Trade War ‘deal with China is done’ and he and Xi agree on minerals: ‘FULL MAGNETS’

China’s restrictions on rare earth exports have been putting pressure on American manufacturers who rely on them for a wide range of products

Politics

38 h. ago Trump declares deal with China is ‘done’; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

39 h. ago Trump declares deal with China is ‘done’, with agreement on rare earths and magnets – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

40 h. ago Tesla shares rise as Musk ‘regrets’ posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

43 h. ago Elon Musk says he ‘regrets’ some of his posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

44 h. ago Stock markets rise after US and China agree framework deal to restore trade war truce – business live

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsRichard Hunter, head of markets at interactive investor, says this week’s talks in London between the US and China “represent progress”, despite the lack of detail about what was agreed:“Apparently constructive talks between the US and China have put markets on a firmer footing, as investors hope that the worst of the tariff turbulence may have passed.Details of the framework which has been agreed in principle were patchy and in any event yet to be signed off by both Presidents. Chinese exports of rare earth minerals are likely to have been high on the agenda, although at this stage it has not become apparent what China may have negotiated in return.“Markets will likely welcome the shift in tone from confrontation to coordination. But with no further meetings scheduled, we’re not out of the woods yet. The next step depends on Trump and Xi endorsing and enforc...

Economics

48 h. ago Protests increasing across the country as anger grows over Trump’s immigration crackdown

The protests continued to grow in response to Trump’s immigration crackdown

Politics

50 h. ago US and China agree to framework deal to restore trade war truce

Delegations to present plan to Donald Trump and Xi Jinping after Geneva ceasefire came under pressure

Economics

51 h. ago US says it struck framework deal with China to restore trade war truce

Commerce secretary Howard Lutnick says he will present plan to Donald Trump

Economics

60 h. ago Donald Trump accused of 'crossing a line' with latest 'unhinged' behaviour

California Governor Gavin Newsom wrote to supporters, branding Trump's actions a "theatrical display of toughness from an increasingly unhinged president".

Politics

62 h. ago 2020s on course to be weakest decade for global economy since 1960s, says World Bank

Washington-based lender cuts its forecast for world GDP growth, blaming Donald Trump tariffsBusiness live – latest updatesThe World Bank has cut its forecasts for growth, blaming Donald Trump’s trade war and says the 2020s are on course to be the weakest decade for the global economy since the 1960s.In its twice-yearly Global Economic Prospects report, the Washington-based lender reduced its forecast for global GDP growth this year to 2.3%, down from 2.7% in January. Continue reading...

Economics

65 h. ago US to put four prisoners to death this week as Trump pushes for executions

Killings scheduled in Alabama, Florida, Oklahoma and South Carolina despite concern over states’ methodsFour executions are scheduled across the US this week, marking a sharp increase in killings as Donald Trump has pushed to revive the death penalty despite growing concerns about states’ methods.Executions are set to take place in Alabama, Florida and South Carolina. A fourth, scheduled in Oklahoma, has been temporarily blocked by a judge, but the state’s attorney general is challenging the ruling. Continue reading...

Events

3 d. ago How to buy a Nintendo Switch 2 at Walmart, Best Buy, Target and more

Consoles are coming in and out of stock at Walmart and Target online

Events

3 d. ago How can US cities resist Trump’s mass deportation agenda? Look to Chicago

The sanctuary city has a long history of protecting immigrant communities“Know Your Rights” posters, with critical information for interactions with Immigration and Customs Enforcement (Ice) officers, are all over the city of Chicago. Plastered across subways or advertised along local bus routes, the Know Your Rights campaign is a coordinated effort on the part of city officials and local immigration advocacy groups to alert individuals of their rights during interactions with Ice. The posters are evidence of Chicago’s activism, long history of protecting its rich immigrant communities and resistance to attempts by previous administrations to weaken their protections. But now, as Donald Trump continues to roll out unprecedented attacks on immigrants – notably increased detentions and deportations without due process – organizers are stretched thin and scrambling to expand traditional tools used in the fight for immigrant rights to accommodate ballooning needs.“I’ve been around since...

Politics

3 d. ago US and China officials to meet for trade talks in London – business live

Rolling coverage of the latest economic and financial newsChina has slipped further into deflation territory, underlining the importance of agreeing a trade deal with the US.China’s consumer prices fell for a fourth consecutive month in May, new data from the National Bureau of Statistics shows.“The next round of trade talks between the U.S. and China will be held in the UK on Monday.“We are a nation that champions free trade and have always been clear that a trade war is in nobody’s interests, so we welcome these talks.” Continue reading...

Politics

4 d. ago Apple heads into annual showcase reeling from AI missteps, tech upheaval and Trump's trade war

After stumbling out of the starting gate in Big Tech’s pivotal race to create artificial intelligence, Apple will try to regain its footing Monday with its annual showcase for the next generation of software powering the iPhone and other popular products

Politics

4 d. ago Trump's bravado has totally backfired. China has the President right where it wants him

London will today be centre of attention, as representatives have flown in for negotiations to defuse the trade war between the world's two mightiest economic powers.

Politics

5 d. ago Private equity firms overhaul exit strategies as IPO market slams shut

Executives prioritising break-ups or continuation funds as trade war kills off potential floats

Economics

5 d. ago Donald Trump and Elon Musk spat concerns Republicans as calls for truce increase

Republicans fear the potential consequences of a prolonged spat between the pair.

Politics