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Trump threatens to fire Fed chair Jerome Powell amid pressure campaign
US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May
Sign up for the Breaking News US email to get newsletter.. - source: The Guardian - 15.04.2026
How the US-Israel war on Iran is affecting African economies
For some, the impact is already being felt but others remain in limbo over their energy security and are hostage to an unlikely de-escalation
Don’t get The Long Wave delivered to your.. - source: The Guardian - 15.04.2026
US taxpayers spend hundreds more on military as Trump pushes for vast increase
As Americans race to file their federal taxes before today’s deadline, new analysis breaks down where the money goes
Sign up for the Breaking News US email to get newsletter alerts in.. - source: The Guardian - 15.04.2026
Rolling coverage of the latest economic and financial news
Middle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to.. - source: The Guardian - 15.04.2026
IMF says strait of Hormuz closure raises prospect of ‘major energy crisis’ – video
The International Monetary Fund is forecasting a range of possible global economic scenarios due to the ongoing conflict in the Middle East. IMF’s chief economist, Pierre-Olivier Gourinchas,.. - source: The Guardian - 15.04.2026
UK steel exports to EU at risk as bloc doubles tariffs and halves quotas
Decision to reduce duty-free quotas by 47% aimed at curbing Chinese imports
The EU is to go ahead with plans to double tariffs and halve quotas on imports of steel from July, in a move.. - source: The Guardian - 14.04.2026
Iran war escalation could trigger global recession, IMF warns
Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7
Reeves arrives at IMF with little leeway to prove its UK downgrade wrong
A further escalation.. - source: The Guardian - 14.04.2026
Reeves arrives at IMF with little leeway to prove its UK downgrade wrong
Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loser
Iran war escalation could trigger global recession, IMF warns
The Iran war.. - source: The Guardian - 14.04.2026
As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026
Get our breaking news email, free app or daily news.. - source: The Guardian - 14.04.2026
Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate
Kevin Warsh, seeking to replace Fed chair, Jerome Powell, had to file financial disclosures for Senate approval
Kevin Warsh, the former Federal Reserve governor chosen by Donald Trump to.. - source: The Guardian - 14.04.2026
Iran war hurting global economy as IMF meeting begins; oil falls on peace hopes – business live
Rolling coverage of the latest economic and financial news
Task for the week: limit the fallout from biggest oil shock in decades
UK chancellor Rachel Reeves is making the trip to.. - source: The Guardian - 14.04.2026
Holidays take a hit as UK cost of living fears and Iran war bite
Consumer spending on travel is down for the first time in five years while card spending edges up in March
UK consumers have cut back on travel spending for the first time in five years, as.. - source: The Guardian - 14.04.2026
Oil prices top $100 a barrel after talks fail and Trump orders Hormuz blockade
Naval blockade is attempt to choke off Iranian oil flow as US president threatens to eliminate Iranian ‘attack ships’
Explainer: strait of Hormuz blockade
Oil prices jumped back.. - source: The Guardian - 13.04.2026
Oil price tops $100 a barrel again after Trump announces strait of Hormuz blockade – business live
Rolling coverage of the latest economic and financial news
Strait of Hormuz blockade explained: why is Trump threatening it now and will it increase the price of oil?
Every barrel of.. - source: The Guardian - 13.04.2026
Iran war could plunge 32 million into poverty, says United Nations
‘Development in reverse’ taking place involving rising energy and food costs and weaker economic growth
More than 32 million people worldwide could be plunged into poverty by the.. - source: The Guardian - 13.04.2026
Bernie Sanders warns ‘worst is yet to come’ in rallying cry against billionaires
US senator appears at Manhattan rally alongside New York City mayor Zohran Mamdani, who cautioned that AI is ‘coming for human jobs’
Bernie Sanders has sounded an alarm over the US.. - source: The Guardian - 13.04.2026
Trump’s new budget ignores dying Americans and gives away record sums to the US military
President’s proposed budget slashes health department by 12% while throwing $1.5tn – a 42% increase – to the military
Americans are dying in droves. Deaths due to avoidable causes in.. - source: The Guardian - 12.04.2026
US inflation soars in March as war on Iran drives economy into uncertainty
Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffs
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US.. - source: The Guardian - 10.04.2026
Head of IMF says Iran war will permanently scar global economy even if peace is reached
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards
The head of the International Monetary Fund has warned.. - source: The Guardian - 09.04.2026
Will shipping in the strait of Hormuz – and oil prices – return to normal?
Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from over
Middle East crisis – live updates
If the US-Israeli.. - source: The Guardian - 08.04.2026