Dubai chocolate sparks pistachio shortage as TikTokers go nuts
Global kernel prices surge by a third as demand for viral cream-filled bars strains supplies
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Wall Street slashes stock market forecasts amid Trump tariff fears
Banks expect gain of just 2% for S&P 500 this year, with JPMorgan and BofA among those lowering estimates
The flaky case for buying the dip
While professionals are deeply spooked, retail investors are piling in to US stocks
UK says transfer of deep-sea mining permits could prompt security review
A British company holding two Pacific Ocean exploration licences is up for sale after its Norwegian parent went bankrupt
Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’
President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.
As Labour frustration grows, could OBR forecasts be cut to once a year?
Figures in No 10 feel the Office for Budget Responsibility’s twice-yearly reports undermine Rachel Reeves’ plan to scrap the spring statement
When Labour was riding high in opposition, the Office for Budget Responsibility was a near sacrosanct institution. Its manifesto pledged Labour would “never sideline the OBR for political convenience”.
But emerging from a punishing spring statement, inside No 10 the former devotees have turned sceptics. The fiscal rules remain untouchable – despite Labour MPs’ grumbles – but there is intense frustration at the institution that marks the government’s homework.