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US inflation cooled slightly to 3.4% in July, according to latest data
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran warUS consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.4%, though prices still remain higher than levels seen before the war with Iran.Though inflation decreased 0.7% in June during a brief ceasefire between the US and Iran that brought energy prices down, consumer prices have remained elevated. Price increases hit a three-ye
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Eerie silence and ‘still surviving’: what happened next after steel town’s last blast furnace shut down
Exhibition in Port Talbot is part of project exploring how communities experience endings and transitionsMargaret Heggett, 95, does not remember a time when Port Talbot was ever quiet. Born and raised in the shadow of the steelworks, with a father, brother and husband who worked there, she never imagined what the town could look or sound like without its blast furnaces.“I’m not saying it was beautiful, but there were jobs. We did know the closure was coming and we have to move with the
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UK heatwaves may have cost economy £4.4bn in lost output so far this year, analysis finds
Verdant thinktank says cost could top £25bn a year by 2030 and calls for maximum temperature for working and urban redesign to cool down citiesRepeated debilitating heatwaves this summer are likely to have cost the UK economy more than £4bn in lost economic output by the end of July, new analysis shows.Green thinktank Verdant had suggested June’s unseasonally hot weather had an economic cost of £2.36bn. Updating its assessment to include last month’s high temperatures, it finds a £4.4b
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July’s heatwaves kept UK shoppers away from high street
Visits down 3.8% after 6.2% fall in June, with many choosing to buy online instead, research for retail body findsShoppers stayed away from UK high streets during last month’s heatwave temperatures, with many choosing to buy online instead as the mercury in some areas rose into t
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Big shake-up in Google’s AI team as DeepMind chief executive steps down
Two senior engineers are leaving company to launch startup amid fears Google is falling behind in AI raceSir Demis Hassabis is stepping down as chief executive of Google DeepMind, in a leadership overhaul of the UK-based AI research lab.Hassabis, a Nobel prize recipient, is leavi
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Trump administration has refunded 60% of $165bn taken in illegal tariffs
Government has so far returned $100bn to companies from levies that US supreme court struck downBusiness live – latest updatesThe Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports.The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday,
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Minha geração não deveria temer um imposto sobre cuidados – já estamos pagando um | Gaby Hinsliff
Se Andy Burnham decidir enfrentar o problema, precisará convencer pessoas como eu. A direita o chamará de 'imposto da morte' – por que não uma contribuição para envelhecer bem? Uma das últimas coisas que Andy Burnham fez antes de entrar em Downing Street foi visitar seu pai, que agora vive em um asilo com Alzheimer e não tem consciência do novo cargo de seu filho.
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Taxas comerciais serão reduzidas em 20% para bares, clubes e casas de shows da Inglaterra
Downing Street anuncia alívio após Andy Burnham ter prometido anteriormente aumentar a taxa de armazéns de e-commerce e canalizá-la para reduzir as contas do setor de hospedagem.
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A visão do The Guardian sobre Andy Burnham e descentralização: é preciso um centro poderoso para descentralizar o poder | Editorial
Quando se trata de impulsionar uma agenda de No 10, o primeiro-ministro parece ter aprendido lições importantes com o fracasso de seu antecessor. Antes de entrar em Downing Street, Andy Burnham citava a supercentralização do poder como causa dos males sociais e econômicos da Grã-Bretanha.
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Some advice for Andy Burnham? Crack down on ‘rip-off Britain’ – and make sure voters feel the benefits | Jason Okundaye
Fining errant corporations is welcome – but when consumers are also getting shaken down on their local high street, it’s time for a new and boisterous approachIt’s a story that warms the heart and lifts the soul: last week, Virgin Media was fined a record £28m by Ofcom for repeatedly preventing customers from cancelling their contracts. Its methods were insidious: deliberate call-dropping, unnecessary call transfers and constantly putting customers on hold. For anyone who has experienc
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Over 1,600 energy department webpages on utility bill savings removed as US temperatures soar
Guardian analysis found the removals coincided with the Trump administration’s push to weaken efficiency rulesAs millions of Americans prepare for another brutal heatwave, it’s now harder to find information about ways to stay cool while saving energy and keeping utility costs down.At least 1,662 department of energy webpages offering guidance on protecting the electrical grid during heatwaves have gone dark as of 3 July, according to a Guardian analysis of a list of deleted URLs provi
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Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last yearInflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics.The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the start of the war, largely because of higher energy prices. After mostly stayin