Retail sales down for the month in indication of fragile state of the economy

The reputation of one of America’s leading economists is in tatters since the emergence of emails to Jeffrey Epstein

The UK’s experiment in eating the rich while shrinking the state has left everyone worse off

Meeting marks the first in-person meeting between the US president and New York City’s mayor-elect

Today’s eye-popping valuations are based on the assumption that LLMs are the only game in town

US officials told organisers that President’s attendance in January depended on programme

Magic circle legal firm also shifts work to lower-cost hubs in Poland and India

Link is latest revelation in a years-long probe into Smart and TGR, which move money for criminals and sanctioned individuals

Ukrainian officials say President Volodymyr Zelenskyy is being pressed to agree to terms negotiated by the US and Russia

PM likely to green light project despite concerns about Beijing’s efforts to spy on Britain

Households are pessimistic about their own spending and the country’s economic outlook

Deal to sell events complex would mark latest exit by US private equity firm from UK leisure industry

Threat comes after lawmakers tell members of US military that they must refuse illegal orders

Figures complicate Fed decision on rates next month

Trump pushes Kyiv to make major concessions on land, size of armed forces and weapons

Fawning after the US president is not only humiliating — it doesn’t work

Report criticises culture in Downing Street during Boris Johnson’s tenure

European Commission cuts cost by two-thirds to €2bn but figure is still far above the €75mn Britain has offered

Home secretary says ‘brightest and best’ will be fast-tracked under new plans while others will have to wait up to 30 years

Rachel Reeves expected to prolong ‘stealth’ tax policy first introduced under previous Conservative government

US president endorses move to restrict regulation by states after lobbying from Silicon Valley

And the bitcoin meltdown

Can Brussels balance its desire to set the guardrails for tech with its need to attract investment?

Eurotunnel said expected tripling of levy makes planned freight investments untenable