News | Latest Breaking News Stories & Headlines

Concept of H1b Visa for foreign workers showing wooden letters with US flag as background

Financial firms to feel big impact from US visa overhaul

The Trump administration's overhaul of the H-1B system could have an outsized impact on the finance industry in the US, which could face hiring challenges following the imposition of the new $100,000 fee.

Business • 24 Sep

Judge rules Trump can't block Rhode Island wind project

Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge has ruled, after President Donald Trump's administration halted the project last month.

Business • 23 Sep

Donald Trump holds up a signed order in the Oval office with an image of his Gold Card behind him

$100,000 H-1B visa fee to be 1 time payment - White House

The White House issued a major clarification over the weekend to its new H-1B visa policy that had rattled the tech industry, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.

Business • 22 Sep

Threats to the global economy came at a furious pace during US President Donald Trump's first eight months in office

Global economy takes Trump shocks in stride - for now

Threats to the global economic order have come at a furious pace during President Donald Trump's first eight months in office - from a massive tariff shock to a battle for control of the Federal Reserve and even an emerging form of US state capitalism.

Business • 19 Sep

The Bank of Canada cut its key lending rate to 2.5% today

Bank of Canada cuts key lending rate citing Trump tariffs

Canada's central bank cut its key lending rate to 2.5% today, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war.

Business • 17 Sep

Fed delivers rate cut, sees steady pace of further cuts

The Federal Reserve has cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year.

Business • 18 Sep

Light blue block with magnifying glass icon on a business chart sheet

End quarterly reports call gets support from investors

A call by Donald Trump to ditch quarterly corporate reporting has received cautious support from an unlikely source - international investors pushing business to do more on longer-term sustainability issues, many lambasted by the US president.

Business • 17 Sep

Microsoft said it would invest £22 billion in total to expand its UK cloud and AI infrastructure as well as in a 'supercomputer'

UK, US agree £31 billion tech pact to mark Trump's visit

Britain and the US have agreed a technology pact to boost ties in AI, quantum computing and civil nuclear energy, with top US firms led by Microsoft pledging £31 billion ($42 billion) in UK investments.

Business • 17 Sep

Social media app TikTok has 170 million US users

US, China in deal for TikTok to keep operating in US

US President Donald Trump has announced an agreement between the US and China to keep TikTok operating in the US, with three sources familiar with the matter saying the deal was similar to one discussed earlier this year.

Business • 17 Sep

US President Donald Trump and King Charles at a state banquet in Windsor Castle

UK and US 'two notes in one chord', Trump tells banquet

US President Donald Trump has described his second state visit to Britain as "one of the highest honours of my life".

UK • 17 Sep

A framework agreement was announced yesterday between the US and China that would switch short-video app TikTok to US-controlled ownership

What hurdles lie ahead for any US-China TikTok deal?

Questions and potential hurdles surround a framework agreement announced yesterday between the US and China that would switch short-video app TikTok to US-controlled ownership, including whether any deal will comply with a 2024 law.

Business • 16 Sep

Google's £5 billion UK investment ahead of Trump visit

Google said today it would make £5 billion in new investments into Britain ahead of US President Donald Trump's state visit to the country, which is expected to feature a flurry of business deals and partnerships.

Business • 16 Sep

A woman in a light grey specked suit raises her hand at a meeting

US appeals court rejects Trump bid to oust Fed's Cook

A US appeals court has declined to allow Donald Trump to fire Federal Reserve Governor Lisa Cook - the first time a president has pursued such action since the Fed's founding in 1913 - in the latest step in a legal battle that threatens the Fed's longstanding independence.

Business • 16 Sep

Donald Trump gestures during a cabinet meeting at the White House

Trump renews calls for ending quarterly reports for firms

US President Donald Trump today pushed for the US Securities and Exchange Commission to stop requiring quarterly earnings reports from companies and corporations and to have them report on a six-month basis instead.

Business • 15 Sep

TikTok is facing a deadline on Wednesday to find a buyer or face a ban in the US

US and China reach framework deal on TikTok

The US and China have reached a framework agreement to switch short-video app TikTok to US-controlled ownership, top US officials said today, with President Donald Trump set to speak with Chinese President Xi Jinping on Friday.

Business • 16 Sep

Two images show a man in dark clothes, dark glasses and a baseball cap

Images released of 'person of interest' in Kirk shooting

The FBI has released photos of someone who they have described as a "person of interest" in the shooting of influential conservative activist Charlie Kirk.

World • 11 Sep

US judge temporarily blocks Trump from removing Cook

A federal judge has temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, an early setback for the White House in an unprecedented legal battle that could upend the Fed's long-held independence.

Business • 10 Sep

Portrait of American financier Jeffrey Epstein (left) and real estate developer Donald Trump as they pose together at the Mar-a-Lago estate, Palm Beach, Florida, 1997. (Photo by Davidoff Studios/Getty Images)

Trump denies he signed note on Epstein 'birthday book'

US President Donald Trump has reiterated his denial that he had authored a lewd birthday note to sex offender Jeffrey Epstein, after the alleged letter was released to the public a day earlier.

US • 10 Sep

Bank of England's Bailey says US Fed situation 'serious'

Any threats to the US Federal Reserve's independence would be a "very serious" issue, Bank of England Governor Andrew Bailey said today.

Business • 03 Sep

Protesters hold signs reading "Dump Trump" during a rally outside Trump Tower on Labor Day in Chicago

'We're going in' - Trump vows to send troops into Chicago

US President Donald Trump has confirmed that he will deploy troops to Chicago, which he called a crime-ridden "hellhole," though he would not say when he planned to launch his latest crackdown.

US • 03 Sep

A National Guard unit patrols the National Mall in Washington, DC.

Crime numbers disputed as National Guard deployed to DC

Analysis and Comment • 02 Sep

'Serious danger' if Trump controls Fed, says Lagarde

Steps by US President Donald Trump to remove Federal Reserve Chairman Jerome Powell or Fed governor Lisa Cook would represent a "very serious danger for the US economy and the world economy", European Central Bank President Christine Lagarde has said.

World • 01 Sep

US judge sets quick schedule in Fed Governor's lawsuit

A federal judge said today that she would set an expedited briefing schedule in Federal Reserve Governor Lisa Cook's bid to temporarily block President Donald Trump from firing her while she pursues a lawsuit that says he has no valid reason to remove her from the U.S. central bank.

Business • 29 Aug

A woman in a black suit sits at a board table

Fed Governor Cook sues Trump after he tried to fire her

US Federal Reserve Governor Lisa Cook has today filed a lawsuit, claiming US President Donald Trump has no power to remove her from office, setting up a legal battle that could reset long-established norms for the Fed's independence.

Business • 28 Aug

Erosion of Fed independence would lead to inflation: Rehn

President Donald Trump's escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, ECB policymaker Olli Rehn said in a speech today.

Business • 28 Aug