Wall Street stocks end turbulent week with late rally
Senior Fed official helps ease market jitters by signalling readiness to act if market strains grow
Economic news
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US coffee shops worried about bitter price hike after tariffs
Higher prices are worrying independent US coffee shops, which import almost all their beans.
Why is British Steel in trouble and who owns it?
MPs are having an emergency debate on the future of the UK’s only remaining plant making virgin steel.
PM aims to pass emergency law on Saturday to ‘take control’ of British Steel plant
Parliament will be recalled on Saturday in a bid to save the firm’s Scunthorpe plant.
Liquidity worsens in $29tn Treasury market as volatility soars
Dollar also came under pressure as Donald Trump’s tariffs test confidence in US assets