US President Donald Trump is closing in on his goal of ramming $4.5tn of tax cuts through Congress, in a massive bill that ...

Donald Trump’s landmark tax and spending legislation moved a step closer to becoming law on Tuesday after the US Senate ended days of haggling and narrowly passed the so-called big, beautiful bill.

Liquidators still trying to recoup billions of dollars siphoned from Malaysia’s sovereign wealth fund and then laundered ...

Steep cuts to the US Agency for International Development threaten to cause more than 14mn extra deaths by 2030 and reverse ...

It is easy to imagine conditions in which money simply dries up, perhaps in response to large movements in bond yields ...

“It’s affordable, it’s easy to mix at home, there’s no snobbery around it,” agrees Aurélie Panhelleux, co-owner of the ...

Jay Powell said a July interest rate cut was not “off the table” for the US Federal Reserve, in an apparent softening of his ...

Boeing is set to take control of Spirit AeroSystems’ plant in Belfast, setting up an awkward cohabitation with rival Airbus ...

Saks has responded in a no less relatable way: by going deeper into debt. Late on Friday it announced a complex $600mn ...

Your guide to what Trump’s second term means for Washington, business and the world It was only a matter of time before Donald Trump’s war on what we used to know as the global economy spilled over ...

European capitals have hardened their position in trade talks with Donald Trump, insisting the US drops its tariffs on the EU immediately as part of any framework deal before the looming deadline on ...

Santander has agreed to buy British high street lender TSB for £2.65bn, in a move that underlines the Spanish lender’s commitment to its UK retail business just months after it entertained bids for ...