The US Senate has voted down a proposed 10-year ban on states regulating artificial intelligence models, ending a controversial plan supported by Big Tech companies. Senators voted by a margin of 99 ...

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 ...

Sir Keir Starmer’s government has gutted its welfare reform legislation hours before a crunch vote, in a U-turn that means ...

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 ...

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.

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 ...

Bank consolidation is expected to continue as financial institutions seek ways to contend with pressure from investors to boost profits, especially with high interest rates that make it tough to grow ...