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| ‘Capitalism’s not working’: why Democrats are turning to socialism |
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| Democratic socialist candidates are winning primary battles in the US as voters turn to progressive policies |
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| Lindsey Graham’s sister wins South Carolina primary with Trump backing |
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| Victory for sibling of late senator reinforces US president’s hold on the Republican Party ahead of November’s midterm elections |
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| Deloitte to pay Trump administration $21.5mn to settle ‘discriminatory’ practices investigation |
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| Firm one of several professional services businesses targeted by the American Alliance for Equal Rights |
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| Trump administration pauses immigrant visa applications |
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| State department wants consular officers to screen out people likely to need public benefits |
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| Scott Bessent’s bond intervention puts US Treasury on collision course with Fed |
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| Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation |
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| Foot Locker owner plunges after warning nervous consumers are cutting spending |
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| Dick’s Sporting Goods shares slide after telling analysts that shoppers are cautious ‘due to the geopolitical environment’ |
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| Canada announces $20bn retaliatory tariffs as US trade war escalates |
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| Hundreds of US goods will face increased levies from September 8 |
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| ‘Embarrassing’: Republicans and ex-military leaders recoil at Trump officials’ Canada attacks |
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| Deepening trade war between two long-term allies descends into insults and recrimination |
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| Bill Gates calls for ‘human reserved’ jobs to protect labour force from AI |
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| Tech billionaire publishes 6,000-word essay warning the technology will usher in ‘one of the most turbulent times in human history’ |
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| Insurers pile into deals allowing banks to offload default risk |
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| Market for synthetic risk transfers has boomed in recent years, with insurers now offering banks unfunded structures |
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| The multiplying risks of financing data centres |
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| Wall Street players extending themselves to underwrite this colossal new asset class are looking to limit exposure |
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| Institutional investors back Blackstone and KKR funds for wealthy individuals |
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| Shift by private equity’s traditional backers could threaten traditional 10-year fund model |
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| Launch date for London robotaxis slips amid TfL uncertainty |
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| Operators play down chance of starting this year |
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| ‘It seems crazy’: SpaceX’s orbital data centre bet tests physics and finance |
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| Elon Musk’s company faces formidable challenges in launching millions of satellites into orbit to power AI |
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| AI to fuel global growth as investment spreads beyond US, IMF says |
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| Managing director Kristalina Georgieva expects world economy to weather energy crisis ignited by Iran war |
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| Boss of Trump Jr-backed start-up donated to Republicans after winning US contract |
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| Companies connected to investment firm of US president’s son have benefited from lucrative government business deals |
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| Life inside an American coal mine |
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| Operators are trying to make familiar an industry that seems consigned to another era |
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| The end of Trumpsplaining |
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| The pretence that America’s leader is a grand strategist will not survive the Iran fiasco |
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| America’s economic war on Iran has a China problem |
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| The US cannot fully isolate Tehran unless other trade partners co-operate |
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| How First Brands’ billion-dollar rescue hit the skids |
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| Hedge funds that funded the bankruptcy have been left with a ‘clunker’ as this was no ordinary debt-induced collapse |
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