Economy

Trump touts tax cuts, winning economy in Las Vegas, but it’s hard to shake Americans’ money woes
LAS VEGAS — President Trump on Wednesday told a crowd in a casino ballroom that his policies are putting money in their pockets, a message intended for a larger...
UK economy strengthens as service sector returns to growth and car sales jump – business live
Key eventsEurozone business activity hits eight-month high as services post first increase since start of Iran warThe UK has just had a double dose of good economic news, but...
Stock market turmoil sheds stark light on the opaque AI economy
Even for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance of the largest western chipmakers.It...
Ukraine war briefing: Wildberries attacks shake Russian economy and banking
The Kremlin has acknowledged it may have to prop up online retailer Wildberries – which has lost 10% of its warehousing capacity and huge amounts of stock in Ukrainian...
Gen Z is living in an intimacy economy, where connection is commodified | Alice Lassman
“There are parts of myself I only share with my AI,” Jerome told me. “Your AI?” I asked.He was 27, three months out of a breakup, and entirely aware...
Government brings British Steel under public ownership; UK economy grows 0.1% in May – business live
Introduction: British Steel taken into public ownershipGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.British Steel has been brought under public...
UK economy grew by 0.1% in May despite impact of Iran war
The UK economy grew by 0.1% in May, despite the impact of the Iran war on energy costs, official figures show.The Office for National Statistics said GDP rose, following...
China’s economy grows at 4.3%, one of its lowest rates on record
China has posted worse-than-expected growth figures for the three months to June as its economy expanded by just 4.3% – one of its lowest quarterly readings on record.The rate,...
Flawed disciplinary hearings at work cost UK economy £28.5bn a year, doctors say
Workers are being left burnt out by “poorly executed” disciplinary investigations at work that cost the UK economy £28.5bn a year, public health doctors have said.Badly handled disciplinary proceedings...
Making public transport fully accessible ‘could boost UK economy by £176bn’
Investing in the UK transport network to make it fully accessible to disabled passengers could boost the economy by £176bn by helping millions more people into work, according to...