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Jerome Powell, chairman of the Federal Reserve, speaks during a House Financial Services Committee hearing, on Capitol Hill in Washington DC, July 18th. President Donald Trump criticised the Fed for raising interest rates, a rare rebuke by a sitting president that upends longstanding executive branch protocol to avoid commenting on monetary policy. Photograph: Al Drago/The New York Times

President Donald Trump criticised the Federal Reserve’s recent interest rate rises and voiced his dissatisfaction with the strong US dollar, sending t(...)

Larry Kudlow  at the G-7 summit in  Quebec, Canada on June 9th, 2018. Photograph: Leah Millis/Reuters

Top White House economic adviser Larry Kudlow suffered a heart attack just days after travelling to Canada with President Trump. Mr Kudlow, a staunch(...)

ZTE was banned from sourcing US components in April after it was caught violating US sanctions on Iran and North Korea. Photograph: Sergio Perez/Reuters

The US has reached a deal with China’s ZTE that would lift a ban that prevented it from buying US components, allowing the embattled telecoms heavywei(...)

Data Protection Commissioner Helen Dixon.Photograph: Cyril Byrne

The Data Protection Commission has “a lot of work to do” to ensure social media giant Facebook meets European standards, according to agency’s head, H(...)

Ryanair: the Irish airline expects profits for the 12 months to March 31st, 2019, to fall from €1.45 billion to between €1.25 billion and €1.35 billion. Photograph: Chris Ratcliffe/Bloomberg

Ryanair’s chief executive, Michael O’Leary, predicted yesterday that fuel and labour costs would cut profits this year at the airline, which is nevert(...)

Sir Martin Sorrell, former boss of advertising giant WPP, made clear he intended to “stick to his last” by staying in an industry he knew well and enjoyed.

Martin Sorrell has vowed to “start again”, weeks after his abrupt departure from WPP, the advertising, marketing and communications group he built ove(...)

 Chinese dredging vessels are purportedly seen in the waters around Fiery Cross Reef in the disputed Spratly Islands in the South China Sea in this still image from video taken by a P-8A Poseidon surveillance aircraft provided by the US Navy. Photograph: US Navy handout via Reuters.

China is reported to have secretly installed anti-ship cruise missile and surface-to-air weapon systems on man-made islands in the South China Sea, bo(...)

Adult-film star Stormy Daniels. Photograph: AP

Donald Trump personally repaid his lawyer Michael Cohen the $130,000 hush money given to the adult-film star Stormy Daniels days before the 2016 presi(...)

White House press secretary Sarah Sanders during a White House  briefing on Tuesday. She  added to concerns that the US  is poised to withdraw from the nuclear deal with  Iran. Photograph: Alex Wong/Getty Images

Doubts about the future of the Iran nuclear deal intensified on Tuesday as EU countries renewed calls on the US to stick with the agreement. They argu(...)

White House chaos: Rex Tillerson, who reportedly learned his fate from Trump’s chief of staff while on the toilet, and Jeff Sessions, who tried to save his own job by firing Andrew McCabe. Photograph: Stephen Crowley/NYT

This was the week Donald Trump became president of the United States. Or at least the week he became the president we were always expecting. He ceased(...)

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