Head of International Rescue Committee says reductions cannot come at worse time

Fund managers avoid big bets as US president prepares to escalate trade war on ‘liberation day’

Firms like Paul Weiss have hired star lawyers to expand in dealmaking. Fear of losing business has made them less willing to have a fight with the government

If society is shot through with genetic influences, how should social inequality be addressed?

Agreement would help top firms to move staff working on audits of banks and dual-listed companies

Republicans retain US House seats in Florida special elections but Democratic vote rises

Billionaire backs case brought by Coinbase client whose data was surrendered to authorities

Rightwing media mogul makes windfall on paper as stock in lossmaking conservative cable TV channel soar

National Labor Relations Board freezes pair of disputes after Crystal Carey nominated as agency’s general counsel

Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance

Case involving murder of Brian Thompson has unleashed fraught debates over country’s for-profit healthcare

Policymakers in Beijing believe they will benefit from the destruction of America’s global credibility

Sir Keir Starmer may have to make concessions on Britain’s digital services tax and agriculture

Inventories rise to highest level since 2022 as producers stockpile goods

Policy uncertainty fuels surge in use of approved facilities that temporarily exempt businesses from paying levies

Financial regulator’s submission to Supreme Court comes at start of pivotal three-day hearing

Agreement has security implications for joint military base with US on Indian Ocean archipelago

Sector once known for wanton capital allocation is now generating cash and embarking on share buybacks

Chinese manufacturer sold just under 1mn passenger vehicles in first quarter

New findings reveal free ‘private browsing’ apps popular with US users have ties to blacklisted Qihoo 360

On many fronts, and with deliberate haste, America is vaporising its soft power

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

Commission chief Ursula von der Leyen says Brussels could hit Big Tech services exports

Government-backed investigation will examine culture and leadership at ONS amid concerns over reliability of official figures

Swedish fintech brought ‘pay in four’ to everything from food to fashion but sceptics point to model’s vulnerabilities

March figure comes as ECB rate-setters consider whether to slow the pace of interest rate cuts

Prime minister still hopes to secure a trade deal with the US president

And will wealthy consumers pull back?

Aircraft carrier Shandong makes closest pass as Taipei seeks to strengthen preparedness

Far-right leader has limited legal options as ruling fires starting gun on race to succeed Emmanuel Macron

Econometric study models global fallout from tariff retaliation, including dramatic rise in US prices

Generative images show us the risks of endowing the technology with magical powers

Google’s AI arm led by Demis Hassabis makes it harder for its researchers to publish studies in major change in approach

Tie-up with AGL Credit Management launched last year with $1bn from Adia but has attracted little money since

Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to grow

Newest financing comes as ChatGPT maker seeks to become conventional for-profit company

Companies including Accenture and Deloitte identify at least $15bn worth of potential cuts

Latest escalation against elite universities follows recent withdrawal of funding to Columbia

Professors flee elite US institutions in the face of what many characterise as a direct assault on education and science

US president describes three people accused of painting pro-Palestinian messages at Turnberry resort as ‘terrorists’