Mary Lovely argues that more cars assembled in America do not, by themselves, prove tariffs are working, as AI and China reshape manufacturing competition.
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Elon Musk told The Economist he does not care if people dislike him and denied racist intent, as questions about AI, power and his public profile

Pakistan's reported request for a $10 billion US exchange facility could strengthen reserves, but economists question its likelihood and reform impact.
Economist Jonathan Portes argues Andy Burnham should avoid repeating Keir Starmer’s caution and use devolution, tax, EU and immigration policy to support growth

British retail sales volumes fell 0.5% in July after a stronger June, suggesting households paused spending as the World Cup and early-summer boost faded.
Annual inflation hit 3.5% in June, down from May's more than three-year high, but the resumption of conflict with Iran threatens to push inflation back up as energy costs rise once again.

Germany’s biggest arms maker Rheinmetall slashes outlook after cancelled government contract; crude oil prices hold below $80 a barrel Good morning, and welcome to our rolling coverage of business, the financial markets and the world econom
Farmers are warning that delayed action on wheat could send prices sharply higher, with one industry voice saying bread may become harder for many families to afford.
UK inflation cooled faster than expected to 2.6% in June as food and fuel prices dropped, with new Chancellor John Healey calling it welcome news while stressing there is still much more the government should do.

Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.

Pakistan's trade deficit has widened sharply at the start of the new fiscal year, climbing 18 percent to $7.1 billion in just the first two months, according to data released by the Pakistan Bureau of Statistics on
A new UN report says 2.69 billion people could not afford a healthy diet in 2025, even as global hunger fell for a third straight year

US wholesale inflation paused in July as cheaper energy and food offset increases in services and construction, new federal data shows.

ING says the UK jobs market is cooling, with hospitality and retail shedding jobs, vacancies falling and private-sector pay growth lagging, reducing pressure on the Bank of England to raise rates