Fed holds interest rates steady as U.S. economy attempts to navigate Trump policy
Federal Reserve Chair Jerome Powell testifies at a House hearing in Washington, D.C., in February. "If the economy remains strong, and inflation does not continue…
The Fed holds interest rates steady as U.S. economy attempts to navigate Trump policy
Federal Reserve Chair Jerome Powell testifies at a House hearing in Washington, D.C., in February. "If the economy remains strong, and inflation does not continue…
Brexit’s impact on economy has been ‘overly exaggerated’, insists former Chancellor Jeremy Hunt
THE impact of Brexit on the economy has been “overly exaggerated”, insists former Chancellor Jeremy Hunt.The Tory MP, who backed Remain in 2016, says the…
Why are Trump supporters claiming he wants to crash the US stock market? | Donald Trump News
The US stock market has had a bumpy ride since United States President Donald Trump’s election in November. After hitting record highs in the aftermath…
UK’s Reeves floats ‘radical shake-up’ of bureaucracy to cut business costs | Business and Economy
British chancellor to meet regulators on Monday to announce the ‘action plan’ for cutting red tape.The United Kingdom’s Labour Party government is set to announce…
Huge power outage in Cuba leaves millions in darkness | Business and Economy News
Latest grid collapse follows a string of nationwide blackouts in recent months.Cuba’s national power grid has collapsed once again, leaving millions of people without electricity.…
Consumer sentiment plunges as US ‘frightened’ of ‘sharply higher prices’ | Donald Trump News
Weakness in sentiment reflects a deterioration in expectations for the future across multiple facets of the economy, including personal finances, employment, inflation.Consumer sentiment in the…
California businesses reeling from Trump’s ever-changing tariffs
Tariffs haven’t yet hit the supply chain at Anawalt in Malibu, but the hardware store and lumber seller is bracing for steep price hikes in…
Meta to test ‘Community Notes’ using algorithm from Elon Musk’s X | Social Media
Tech giant says it expects new feature to be ‘less biased’ than previous third-party fact-checking program.Meta has said that its “Community Notes” feature intended to…
EU parliament rocked by corruption investigation linked to China’s Huawei | Crime News
Belgian authorities announce arrests of several people in connection with alleged bribery within the parliament.Police have arrested several people as part of a corruption probe…
US stock market tumbles again as Trump threatens tariffs on wine | Donald Trump
Benchmark S&P 500 falls 1.39 percent, dragging index more than 10 percent below its February peak.The United States’ stock market has taken another tumble following…
Elon Musk wants to use AI to run US gov’t, but experts say ‘very bad’ idea | Elon Musk News
Is Elon Musk planning to use artificial intelligence to run the US government? That seems to be his plan, but experts say it is a…
Trump’s tariffs may end up blowing up the US dollar hegemony | Business and Economy
United States President Donald Trump’s second term in office has launched with a whirlwind of changes to the status quo in Washington, DC, and to…
Iran bets big on gold as it weathers Trump turmoil | Business and Economy News
Tehran, Iran – Iran has been importing tonnes of gold in the past few months as it hunkers down for more hardships under the United…
Column: When it comes to Trump’s economy, the adults have left the room
The great and powerful Oz, as Donald Trump models himself, never warned Americans that the road to his promised Golden Age would be full of…
US public souring on Trump’s handling of economy, polls show | Donald Trump
Majority of Americans disapprove of Trump’s economic management amid stock market turmoil, polls show.United States President Donald Trump’s handling of the economy is facing growing…
With an ailing economy, is China a stable global player? | Donald Trump
Chinese leaders have unveiled their plans to revive the economy during the National People’s Congress.Confidence in the economy and projecting China as a stable global…
Bank of Canada cuts interest rates, warned country faces ‘new crisis’ | Trade War News
BoC also said it would ‘proceed carefully with any further changes’ to rates given inflationary pressures from tariffs.The Bank of Canada has trimmed its key…
How will Mark Carney deal with Donald Trump? | Donald Trump News
Sharp words for the US president from Canada’s incoming prime minister.Canada’s incoming prime minister, Mark Carney, says he will confront the challenge his country is…
Even as US slashes jobs, ‘it is the calm before the storm’, economists warn | Donald Trump News
The first major set of economic reports last week reflect the state of the United States economy during President Donald Trump’s first full month in…