US central bank raises interest rates for first time in three years After a unanimous vote, Federal Reserve chairman Kevin Warsh says: "The plain fact is inflation is too high and has been for too long." How escalating Saudi oil crisis could drive up prices everywhere BBC Verify's Ben Chu examines what impact rising energy costs could have on the global economy. The extreme engineering of aircraft windows Few companies in the world have the technology to produce aircraft windows. Here's a look at how they're made. A backlash over data centres is another threat to the AI juggernaut The global AI race is being hit by very localised political and environmental concerns Petrol and diesel price rises push UK inflation higher Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth. How rising bond yields impact American consumers The BBC’s Samira Hussain explains why some could see increased interest rates for mortgages and business loans. OpenAI boss says world 'right to be afraid' but should trust AI firms Sam Altman and other tech CEOs say there are incentives to limit advancements in AI, as fears grow over the threats it poses to humanity. UK in talks about joining global defence bank led by Canada Supporters of the scheme say the bank would enable governments to get cheaper loans to spend on defence projects. World of Business I got paid $5,000 to move to a place I'd never heard of Relocation schemes offer support for people who want to swap big US cities for a cheaper, quieter life. Sign up to World of Business Gain the leading edge with global insights for the boardroom and beyond, in your inbox every Wednesday. Beach holidays meet medical tourism in Albania Sun, sea and cosmetic treatments: Travellers are heading to Albania for affordable hair and dental procedures. NYSE Opening Bell Wall Street attempts recovery as Fed's rate decision looms Gus Scacco of Advisors Capital Management says US markets may react negatively if interest rates hold. US Markets put chance of interest rate hike at 85% Markets dip as oil and bond yields climb Wall Street down as oil hits $100 a barrel Wall Street under pressure as oil prices creep up Muted open on Wall Street amid inflation fears US markets down amid bond sell-off Wall Street opens higher boosted by Nvidia results Social media settlement 'huge relief for Meta', expert says Markets shrug off treasury bond buyback scheme Expert warns of 'bear market for debt' US Treasury boosts bond buyback scheme Wall Street muted as retail sales drop Muted US inflation 'making Fed rate hike less likely' Nvidia teams up with Wall Street on $500bn AI financing deal World Business Report US businesses brace for Fed decision Can we control AI? World Business Report Why are you paying more to borrow money? World Business Report How rising fuel is affecting German industry World Business Report Does AI need a kill switch? World Business Report Is an AI 'slowdown' even possible without China? The cost of war: Inside Russia's economic unease Bonus: Could AI chatbots help Asia's socially isolated youth? World Business Report Global shipping threatened by Houthi military advances World Business Report "It's like somebody turned the faucet off" - gas prices keep inflation high World Business Report ECB hikes rates to 2.5% Power Players: Can new BP leadership steady the ship? Small Business USA New candy stores are popping up across NYC. Why? While US consumer confidence is at an historic low the Big Apple's sweet shops are expanding. The kelp producer who wants to get Americans eating seaweed Marine farmer Suzie Flores also hopes the crop can revitalise the US's small fishing towns. Technology of Business Can Europe recharge its battery industry? We managed to get jobs after uni - here's how we're keeping them

Four recent job starters share their tips on what helped them have a smooth transition and survive their first few days. Complaints to watchdog about water firms soar Many complaints were about affordability, after customers saw steep hikes to bills. US borrowing costs hit highest level since 2007 The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since. State pension likely to top £13,000 a year as UK wage growth slows to 3.9% The rise has reignited the debate about the state pension's long-term affordability and generational fairness. Trump says AI safety fears a 'hoax' as he rejects calls for greater safeguards The US president's comments come after Anthropic co-founder Jack Clark told the BBC an AI "kill switch" may need to be mandatory. What is the triple lock and how much is the state pension worth? The triple lock guarantees that the state pension is not overtaken by inflation or wage increases. Why you must share your idea and get honest feedback Learn Steven's three crucial steps for validating your business proposal and why impartial feedback is vital. The power of making and owning decisions Learn why making your own decisions is the key to increasing your confidence. The power of absorbing information Learn how to listen to improve your self-awareness. People will give you information, and that's power. Why planning can be a form of procrastination Learn how to avoid compulsive planning and instead hold plans loosely as a navigational aid. How to navigate a world competing for your attention Oliver offers tips on how to avoid getting distracted on social media when people profit from your scrolling. The difference between 'good' and 'bad' procrastination Forget trying to stop procrastinating. Instead, learn Oliver's three rules to become a better procrastinator. Why 'inbox zero' is a strategy that breeds distraction Managing infinite emails, ideas, errands, and goals is hard. Oliver recommends a little strategic neglect. How time creates problems, especially when it is so limited Discover why so many of our struggles are down to poor time management and denial of its finitude. Why sustainable productivity will drive success Steven shares his three 'M' goal-setting framework to help you be more productive for the long-term. How to hire the best people for your team Are they a bar raiser, bar maintainer or bar lowerer? Learn how to build a team that can get behind your mission. What is your business culture and why is it so important? Explore how you can use your mission to set the right culture for your business. How to know yourself, grow yourself, and take control Find out how to counteract limiting beliefs you hold about yourself and build new ones that serve you better. How to get the money you need to start a business Learn how to start a business with nothing in the bank and how to get funding if you need it to get started. Why you should start a business and why to start it now Steven explains the common obstacles to starting a business and why now is the time to start yours. AI 'kill switch' may need to be mandatory, Anthropic co-founder tells BBC US President Donald Trump dismisses calls to slow the development of AI, saying that claims of it "taking over the World" are a "HOAX". 'Culture shift' needed in how UK does business, PM urges Burnham says those who take risks should be backed by government, but his government has been criticised for increasing business costs. UK gas and diesel prices hit highest since 2022 The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. Heading off to uni? Here's what to insure against theft What should new students consider to keep your belongings safe and covered by insurance? Amazon pauses work with cargo firm after fatal crash The 21 Air-operated jet overshot a runway at Miami International Airport and hit several vehicles. Rent rises set to speed up in gloomy forecast for tenants The cost of renting is expected to rise by 4% or 5% a year by December, says property website Zoopla. Dramatic insider warnings over AI fall flat with some in Silicon Valley A recent spate of stark warnings about the dangers of AI has been met with scepticism by executives and investors. Anthropic boss Dario Amodei calls for AI development to slow down The call comes amid growing concerns that AI models may become able to inflict serious damage worldwide. 'Skimpflation' warning as tinned mackerel alternative hits more supermarket shelves Consumer group Which? has called the sale of jack mackerel, a cheaper, less nutritious species of fish, an example of "skimpflation". PlayStation gambles with 18-rated Wolverine game - will it pay off? The BBC's Tom Gerken plays the hotly anticipated superhero game from Spider-Man makers Insomniac. Ryanair boss O'Leary defends 'high-fare rapists' airlines remarks O'Leary has said airline passengers "can't afford to fly with the high-fare rapists around Europe". AI boom helps drive surprise UK growth in July The economy expanded by 0.4%, official figures show, whereas analysts had predicted no growth. What's happening to the UK economy and how does it affect you? The rate of UK economic growth affects things like pay increases and the amount of tax raised. Anthropic blocks possible attempt to use AI to make biological weapons The revelations in Anthropic's threat intelligence report come after a former top researcher at the company warned of the risks of AI to humanity. I asked my husband to pay into my pension when we had a child - here's why Molly and Taylor Haylett explain the changes to how they managed their finances when they started a family.