Australian National University’s word of the year is a portmanteau for cost-of-living rage ‘Colesworth’ – combining the supermarket duopoly’s names – beat ‘breaking’, inspired by Rachael Gunn’s controversial Paris Olympics performance
Trump tariffs are coming, but some Chinese companies may already know how to avoid them Some experts liken tariffs to a game of whack-a-mole, with trade flows simply rerouted if the potential rewards are big enough
Trump picks Howard Lutnick as commerce secretary Billionaire founder of financial firm Cantor Fitzgerald was one of president-elect’s biggest fundraisers
Retailers deserve a break – but they shouldn’t look to the chancellor for one A letter by 79 firms voicing ‘significant concerns’ over the budget is likely to do little more than irritate Rachel Reeves
Starmer denies mounting class war as farmers claim they have been ‘betrayed’ Prime minister says government is taking balanced approach amid protest in Westminster over proposed inheritance tax changes
Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs
HarperCollins to allow tech firms to use its books to train AI models Some nonfiction backlist titles will be used to train artificial intelligence with authors’ permission
Jekyll and Hyde managers: why they’re worse than consistently horrible bosses New research proves what employees have always felt – that erratic behaviour from those above them in the hierarchy is the absolute pits
Global stock markets fall and bonds jump as fears grow over Ukraine war Investors dash to safe-haven currencies after Putin updates nuclear doctrine and Ukraine fires missiles into Russia
Bank of England governor says budget measures could cost jobs, and argues for ‘gradual’ interest rate cuts – as it happened Rolling coverage of the latest economic and financial news
US justice department plans to push Google to sell off Chrome browser Authorities seek to dismantle monopoly on search market and also want action related to AI and Android
‘People don’t get the power of the podcast. But Trump does’: broadcaster-turned-investor Harry Stebbings The twentysomething podcaster and venture capitalist talks about his $400m investment fund, his mum – and the power of new media to influence politics
UK retailers warn Reeves of £7bn hit from budget tax rises Increase in national insurance contributions and national living wage will add to costs, says BRC
Why Trump’s ‘drill, baby, drill’ pledge may not actually lower US gas prices Despite president-elect’s vow, energy companies focus on managing resources to be profitable, not pumping more oil
What we’ve learned in the five years since our first environment pledge An update on our progress from the Guardian’s head of sustainability