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 ...

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

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

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

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

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

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 ...

A psychedelic nasal spray requiring a much shorter period of clinical supervision has shown promise against ...

Three former members of staff who worked at the hospital where convicted child killer Lucy Letby committed her crimes have ...

If approved, the new framework binds Switzerland to mirror changes to EU legislation in areas including the regulation of ...