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Business & Economy

Business, finance and the global economy — markets, central banks, trade and the companies moving them. We follow the data that matters (inflation, rates, growth and jobs), the corporate earnings and dealmaking driving equities, and the commodity and currency swings that set the cost of everything.

Latest in Business & Economy

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Who profits from Africa’s gold?

Who profits from Africa’s gold?

African governments seek greater control over gold, but much of its value continues to flow abroad.…

Parents booking air-conditioned hotels to keep babies safe in UK heatwave

Parents booking air-conditioned hotels to keep babies safe in UK heatwave

Hotels report increase in last-minute bookings, including from families attempting to escape hot homesFamilies, including parents with newborn babies,…

Billionaire Leon Black walks out of Epstein investigation hearing

Billionaire Leon Black walks out of Epstein investigation hearing

The House panel then issued subpoenas demanding the private equity tycoon, who co-founded Apollo Global Management, testify on camera and under oath.…

FDA to discuss easing restrictions on peptides despite safety concerns

FDA to discuss easing restrictions on peptides despite safety concerns

Committee will meet in July to discuss peptides now sold in gray market despite limited evidence of safety and efficacyAdvisers to the Food and Drug A…

First hydropower projects in Great Britain in 40 years given go-ahead

First hydropower projects in Great Britain in 40 years given go-ahead

Three pumped storage hydroelectric power station sites in Scotland on list of 16 long-duration electricity storage plansThe energy regulator has given…

‘Affordability crisis’: How the Western housing crisis spiralled

‘Affordability crisis’: How the Western housing crisis spiralled

Rising rents and prices outpacing wages provoke global debate: Is housing a basic right or an investment asset?…

Venezuela reels from earthquakes as rescuers scramble to find survivors

Venezuela reels from earthquakes as rescuers scramble to find survivors

As Venezuela begins counting the cost of its deadliest quake disaster in over a century, a shattered economy and struggling health system threaten to …

Hundreds trapped beneath buildings a day after Venezuela’s twin earthquakes

Hundreds trapped beneath buildings a day after Venezuela’s twin earthquakes

Emergency crews are racing to rescue hundreds trapped under collapsed buildings after earthquakes struck Venezuela.…

Netherlands beat Tunisia 3-1, enter World Cup knockouts as group winners

Netherlands beat Tunisia 3-1, enter World Cup knockouts as group winners

Netherlands top Group F with seven points and will face Morocco in the round of 32 in Monterrey on Monday.…

Marina Mabrey ties WNBA scoring record with 53 points; Tempo rout Sparks

Marina Mabrey ties WNBA scoring record with 53 points; Tempo rout Sparks

Toronto's Mabrey matches A'ja Wilson and Liz Cambage for the league's scoring record in 125-97 win for her team.…

Oil prices climb after attack in Strait of Hormuz halts evacuation plan

Oil prices climb after attack in Strait of Hormuz halts evacuation plan

Brent crude rises after cargo ship comes under attack in key waterway.…

Watch: Elephant smashes through bus windscreen during attack

Watch: Elephant smashes through bus windscreen during attack

Footage shows the moment a wild elephant attacked a bus carrying air force personnel in Sri Lanka.…

King and Queen will not live at Buckingham Palace after £369m refit

King and Queen will not live at Buckingham Palace after £369m refit

Charles and Camilla to remain at Clarence House and are said to want the public to have more access to ‘monarchy HQ’King Charles’s tax bill: what did …

Crown estate makes more than £1bn profit for third year running

Crown estate makes more than £1bn profit for third year running

King Charles’s property management firm rakes in £1.2bn as it continues to benefit from offshore windfarm boomKing and Queen will not live at Buckingh…

King Charles’s tax bill: what did we learn, and what is still in the dark?

King Charles’s tax bill: what did we learn, and what is still in the dark?

We know the monarch paid £24.6m in tax over the last two years, but we still don’t know how wealthy he actually isKing and Queen will not live at Buck…

King Charles reveals he paid £12.9m in tax for 2024-25

King Charles reveals he paid £12.9m in tax for 2024-25

The King becomes first monarch to publish their tax payments - with the figures putting him among the UK's top 100 taxpayers.…

King and Queen will not live in Buckingham Palace after renovations

King and Queen will not live in Buckingham Palace after renovations

King Charles and Queen Camilla will continue to reside in Clarence House, Buckingham Palace says.…

‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM

‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM

Mayor of Manchester is coming under pressure from some to ditch net zero targets but this could be highly damaging on many levelsUK politics live – la…

EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer

EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer

British carrier says it hopes to receive ‘more attractive proposal that better reflects the value of easyJet’Business live – latest updatesEasyJet has…

I've spent 30 years in recruitment - this is how to get a job

I've spent 30 years in recruitment - this is how to get a job

The recruitment agency boss shares his tips on getting noticed in a tougher jobs market.…

Meta plans to release AI-powered prediction market app, documents show

Meta plans to release AI-powered prediction market app, documents show

The company is building an app separate from Facebook and Instagram where people can wager on the outcome of real-world events, using "play money."…

‘Instant connection to the past’: how the Major oak affected those who saw it

‘Instant connection to the past’: how the Major oak affected those who saw it

Readers remember the Sherwood Forest tree that has failed to produce leaves for the first time in 1,000 yearsAfter hundreds of years inspiring wonder …

4 ways to design a dreamy summer, according to a happiness expert

4 ways to design a dreamy summer, according to a happiness expert

Don't let the season fly by. Gretchen Rubin, host of the Happier podcast, shares exercises to help you get what you want out of summer. Fill out the p…

In the Ebola epicenter, a gold-mining town reacts with fear, disbelief and grit

In the Ebola epicenter, a gold-mining town reacts with fear, disbelief and grit

NPR reports from Mongbwalu in the Democratic Republic of Congo. The fight to contain the virus faces obstacles from lack of supplies to residents who …

Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%Follow our Australia news live blog for latest updat…

Electricity prices jump in Europe as demand soars in the heatwave

Electricity prices jump in Europe as demand soars in the heatwave

Great Britain has paid at least six times the normal price for imported power as millions turn on air conditioning and windfarm output sagsThe heatwav…

HMRC announces 22% tax on cash interest held in stocks and shares Isas

HMRC announces 22% tax on cash interest held in stocks and shares Isas

Treasury also promises new first-time buyer Isa with no upper age limit reflecting ‘age at which a first home is bought is rising’Isa reforms announce…

New pictures show dozens of items bought illegally by Peter Murrell

New pictures show dozens of items bought illegally by Peter Murrell

The images include a range of luxury bags, watches and pens, as well as fresh pictures of a £124,550 motorhome.…

Vondrousova, ex-Wimbledon champion, insists she has ‘never doped’

Vondrousova, ex-Wimbledon champion, insists she has ‘never doped’

Vondrousova, who won Wimbledon in 2023, was issued a four-year ban from tennis after she refused to submit a ⁠sample.…

Royal Mail boss’s pay package soars to £6.9m despite profits slide

Royal Mail boss’s pay package soars to £6.9m despite profits slide

Martin Seidenberg, chief executive of parent company IDS, handed payouts after takeover of UK postal serviceBusiness live – latest updatesThe boss of …