BUSINESS

It is essential not just to fund the public goods the nation needs, it is indispensable to restore a sense of fairness Money doesn’t buy happiness, we’re told. Even some economists agree. The Nobel prize-winning economists Daniel Kahneman and Angus Deaton once proposed that rising income increased…

The AI company’s first public financial disclosures reveal explosive growth, huge costs and risks ranging from cyber-attacks to the limits of safeguards Anthropic has filed to go public on the US stock market, revealing for the first time the AI research lab’s financials and all the risks – more…

Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom Trillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against…

Australian Signals Directorate chief says advanced AI tools are needed to defend against ‘AI-enabled attackers’ Follow our Australian politics live blog for latest updates Get our daily political email , free app or daily news podcast Australians should prepare for more basic and important online…

As the US midterm elections approach, we take a look at data to see a true picture of the US economy under Trump With the midterm elections fast approaching, many Americans have the economy on their minds. US voters are exhausted by years of higher prices. Donald Trump won the presidency in 2024 on…

Adding gratuity doesn’t always make sense, but the obligation to has been entrenched as a societal norm You arrive at a pizza place to pick up your order. The credit-card screen asks if you would like to tip and gives some choices. It seems strange to tip the cashier, who did nothing but hand over…

Jump fuelled by fears of further Middle East supply disruptions amid reports of US-Israeli plans to strike Iran European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and the conflict in the Middle East. Wholesale gas prices…

VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs Audi has said it will spend $4bn (£3bn) to build its first factory in the US, as its parent company, Volkswagen, struggles with the impact of steep tariffs…

Republican senator faces critical re-election battle in state where president’s trade war has outraged voters Donald Trump dropped some of the US’s tariffs on Canada on Friday to “better serve the public interest” the White House said, handing a win to Susan Collins, the embattled Republican…

Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the international benchmark for oil, rose by…

People under 35 are hunting for no-frills rides they can pay for in cash and fix themselves – defying expectations to take on steep loans Jack Price joined the marines in fall 2021 knowing he would need a car to get around base and that he couldn’t afford a new one. A joyless, month-long search…

Case filed in 2022 by patient unable to afford medicine leads to cap on drug prices for millions who face ruin if diagnosed The Indian government has moved to reduce the price of cancer drugs after a retired bank clerk took her case to the supreme court. From next month, 137 cancer drugs in India…

Inquiry follows report by Guardian and partners that aides of Russian oligarch appeared to have falsified paperwork mapping his businesses Police in Cyprus have opened an investigation into the financial and tax affairs of the former Chelsea FC owner Roman Abramovich following a report by the…

Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Barclays is cutting 5,000 jobs as part of wider cost-saving plans that its bosses say are being driven by advances in AI. The job cuts will mean losing about 5% of the bank’s 93,000…

Polls show US voters are deeply upset by high gas prices and are likely to punish Republicans in the midterms as a result How will Trump’s mass deportation agenda shape the US midterm elections? Our reporters answer your questions With fewer than two weeks until the midterm s, US voters are…

Lorenzo Salgado Araujo was a house framer before he was killed by ICE agents. Countless other Latino builders in Texas live in fear of a similar fate Every morning long before dawn, while America sleeps, legions of Texas construction workers grab their fluorescent vests and hard hats, sling ladders…