Business News Summary —

Source: The Guardian | Sentiment: Negative (-0.3849) | Confidence: Medium

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds.

Executive Summary

12 headlines were curated for this category. Overall sentiment is negative (-0.385). Top story: US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds.

Key Themes

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds ‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality Key US voters say economy is getting worse ahead of midterms, exclusive poll finds Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands People in the US: what is your personal ‘recession indicator’?

Why These Headlines Matter

Why does "US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds" matter? [Risk]

<p>Environmental watchdog Mighty Earth reveals two-year effort to postpone and weaken EU Deforestation Regulation</p><p>US corporate lobbyists launched a two-year “blitz” to postpone and weaken the world’s most progressi…

Why does "‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality" matter? [Risk]

<p>Exclusive: Isabella Weber prescribes a common-sense solution to poverty, inequality and fascism – making life’s essentials affordable for all</p><p>The trouble with economists, Isabella Weber believes, is they do not …

Why does "Key US voters say economy is getting worse ahead of midterms, exclusive poll finds" matter? [Risk]

<p>Nearly 61% believe country is in recession and 65% of independents say economy is worse, according to new Harris poll</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/15/what-is-your-personal-reces…

Why does "Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands" matter? [Risk]

<p>Mines in supply chains of western carmakers linked to widespread deforestation of primary rainforest in nickel-rich lands inhabited by Tolaki people in Indonesia</p><p>Volkswagen, Ford and Tesla are among the electric…

Why does "People in the US: what is your personal ‘recession indicator’?" matter? [Risk]

<p>We’d like to hear about whether you feel like the US is in a recession and what you think signals such a downturn</p><p>Nearly two-thirds of Americans think the US is experiencing a recession, according to a <a href="…

Why does "US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account" matter? [Risk]

<p>Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offender</p><p>US lawmakers have unveiled a new bill to hold Wall Street’s “Epstein-connected” bosses to accoun…

Why does "Tech market sell-off deepens amid fears over US inflation and AI debt" matter? [Risk]

<p>Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook markets</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/oct/15/tech-stock-sell-off-market…

Why does "US inflation rose to 3.7% in September in blow to Republicans before midterms" matter? [Risk]

<p>Final inflation report before voters go to polls comes amid widespread anger over cost of living under Trump</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/08/economy-midterm-elections-tell-us">S…

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Watch List

  • US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds
  • ‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality
  • Key US voters say economy is getting worse ahead of midterms, exclusive poll finds
  • Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands

Caveats

All Headlines

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds

Published: — via The Guardian

<p>Environmental watchdog Mighty Earth reveals two-year effort to postpone and weaken EU Deforestation Regulation</p><p>US corporate lobbyists launched a two-year “blitz” to postpone and weaken the world’s most progressive legislation to protect forests, according to a new investigation by the environmental watchdog Mighty Earth.</p><p>Major US firms and trade associations, including Cargill, Bunge, Mondelēz and the US Soybean Export Council, as well as numerous other US firms and organizations,

‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality

Published: — via The Guardian

<p>Exclusive: Isabella Weber prescribes a common-sense solution to poverty, inequality and fascism – making life’s essentials affordable for all</p><p>The trouble with economists, Isabella Weber believes, is they do not behave like dentists. They obsess over ideological purity and are inflexible when searching for solutions, regardless of society’s symptoms. Dentists have no such pretensions – patients have little patience for dogma when in insufferable pain.</p><p>John Maynard Keynes, Weber cla

Key US voters say economy is getting worse ahead of midterms, exclusive poll finds

Published: — via The Guardian

<p>Nearly 61% believe country is in recession and 65% of independents say economy is worse, according to new Harris poll</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/15/what-is-your-personal-recession-indicator">Tell us: what is your personal ‘recession indicator’?</a></p></li></ul><p>With the midterm elections less than three weeks away, key voting groups including independents, rural voters and even some Republicans are increasingly disenchanted with Donald Trump’s econ

Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands

Published: — via The Guardian

<p>Mines in supply chains of western carmakers linked to widespread deforestation of primary rainforest in nickel-rich lands inhabited by Tolaki people in Indonesia</p><p>Volkswagen, Ford and Tesla are among the electric carmakers whose batteries may contain nickel mined in indigenous woodlands plagued by deforestation, an analysis has found, highlighting the struggle to make vehicles that are free from environmental destruction.</p><p>Corporate disclosures and trade flows from the last two year

People in the US: what is your personal ‘recession indicator’?

Published: — via The Guardian

<p>We’d like to hear about whether you feel like the US is in a recession and what you think signals such a downturn</p><p>Nearly two-thirds of Americans think the US is experiencing a recession, according to a <a href="https://www.theguardian.com/business/2026/oct/15/voters-economy-cost-of-living-prices-poll">new Harris Poll</a> conducted for the Guardian. By the typical definition of a recession – when a country’s economic growth is in the negative for two consecutive quarters – the US is not

US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account

Published: — via The Guardian

<p>Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offender</p><p>US lawmakers have unveiled a new bill to hold Wall Street’s “Epstein-connected” bosses to account for helping finance the late sex offender’s crimes.</p><p>It came as top Democratic senator Elizabeth Warren condemned the UK bank Barclays for “dodging responsibility” over its failure to vet former boss Jes Staley and his <a href="https://www.theguardian.com/business/2025/mar

Tech market sell-off deepens amid fears over US inflation and AI debt

Published: — via The Guardian

<p>Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook markets</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/oct/15/tech-stock-sell-off-markets-uk-gdp-economy-august-imf-latest-news-updates">Business news – live updates</a></p></li><li><p><a href="https://www.theguardian.com/commentisfree/2026/oct/15/global-economy-multilateral-cooperation-crisis-imf">Larry Elliott: the global economy is muddling through. But a storm i

US inflation rose to 3.7% in September in blow to Republicans before midterms

Published: — via The Guardian

<p>Final inflation report before voters go to polls comes amid widespread anger over cost of living under Trump</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/08/economy-midterm-elections-tell-us">Send us your questions on how the US economy is shaping the midterm elections</a></p></li></ul><p><a href="https://www.theguardian.com/us-news/republicans">Republicans</a> are entering the midterm elections with the highest rate of <a href="https://www.theguardian.com/business/inf

Bank of America fined $1.2bn for money-laundering failures

Published: — via The Guardian

<p>Third-largest fine in US treasury’s history, due to failure to report suspicious activity, may affect third-quarter earnings</p><p><a href="https://www.theguardian.com/business/bank-of-america">Bank of America</a> (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect ‌potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.</p><p>The US treasury department said the fine, the third-largest in department histor

Bad news for Trump ahead of the midterms: it’s still the economy, stupid

Published: — via The Guardian

<p>Voters’ opposition to the state of Trump’s economy is well established – despite his desperate attempts to deflect</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/15/what-is-your-personal-recession-indicator">Tell us: what is your personal ‘recession indicator’?</a></p></li></ul><p>It’s indisputable that the political polarization of our time has reduced (and confused) the influence of economic conditions on US elections.</p><p>In September of 2024, in the waning weeks of

Gen Z wrestle with shame from ordering delivery food: ‘This economy is not for the weak’

Published: — via The Guardian

<p>As Americans use apps like DoorDash and Uber Eats more habitually, they confront the guilt of paying extra fees for convenience</p><ul><li><p><a href="https://www.theguardian.com/business/2026/oct/15/what-is-your-personal-recession-indicator">Tell us: what is your personal ‘recession indicator’?</a></p></li></ul><p>When it comes to food, Caroline Bauldree does not like to “deprive” herself of anything. She does not like to cook either, so that means a lot of food deliveries. “If I want sushi,

Is punishing the poor Trump’s last hand to play?

Published: — via The Guardian

<p>The pre-midterm defenestration of ACA enrollees looks like political madness – but the president appears to believe hitting poor people might work for him</p><ul><li><p><a href="https://www.theguardian.com/community/live/2026/oct/14/us-economy-affordability-midterm-elections-republicans-trump">Our reporters answer your questions on whether Trump’s economy will sink Republicans in the US midterms</a></p></li></ul><p>There is a manic quality to <a href="https://www.theguardian.com/us-news/donal

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