AIG subsidiary files for Chapter 11 bankruptcy protection

Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of President Prabowo Subianto.

The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.

Tesla CEO Elon Musk showcased the vehicle at a facility owned by his SpaceX company, which helped develop the model.

Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.

Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.

The booking giant is accused of breaking federal antitrust laws and forcing millions of customers to overspend on stays by as much as 30 percent.

Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.

President Trump has been promoting his efforts to reduce drug prices, but many Americans have not seen relief from rising costs for prescriptions and insurance premiums.

Diesel recently topped £2 per litre and there is concern that a duty freeze will not go far enough.

In the contrarian logic of investing, rising interest rates have made bonds much more attractive, our columnist says.

Lincolnshire has lost 27% of its pubs and bars since 2009 and some are calling on the government to act against cheap supermarket booze.