July PCE: Core inflation rose to 2.9%, highest since February
Aug. 29 (UPI) -- Inflation rose in July, according to the Personal Income and Outlays report from the Bureau of Economic Analysis, the Fed's preferred…
Hiltzik: Do you really want Trump directing monetary policy?
It’s probably safe to say that almost no one following the news believes that Donald Trump has a solid, defensible reason to fire Federal Reserve…
Restaurants’ profits soar as self-service tills take over
BRITAIN’S top restaurant chains have seen profits soar by almost a fifth after replacing staff with self-service tills and apps.They hit £365million at the top…
Trump says he’s firing Fed Gov. Lisa Cook, opening new front in fight for central bank control
WASHINGTON — President Trump said Monday night that he’s firing Federal Reserve Gov. Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle…
Best apps to save you £100s by revealing the cheapest prices on food, petrol, flights and parking
THERE are loads of ways for Brits to use apps to slash bills this summer.You can easily find the cheapest prices for food, petrol, flights…
Fed Chair Jerome Powell talks inflation, employment, no firm rate cut details
Federal Reserve Chair Jerome Powell, seen here at a press conference at the Federal Reserve in Washington, D.C. in July. He gave a speech about…
US DOJ to probe Fed Reserve’s Cook, urges Powell to remove her: Report | Politics News
Cook, who has been accused of mortgage fraud, has said she will not be bullied by Trump into resigning.The United States Department of Justice plans…
Walmart scoops customers from rivals but warns inventory cost is rising | Retail News
Walmart’s second-quarter results are showing that United States consumers across the spectrum are still flocking to the retailer’s stores despite economic headwinds, but its shares…
Trump to raise steel and aluminium tariffs on hundreds of goods | Trade War News
New US tariffs covering 407 products will take effect immediately.The United States Commerce Department is set to hike steel and aluminium tariffs on more than…
Canada Inflation Eases to 1.7%, Driven by Falling Gas Prices
(Bloomberg) — Canadian consumer prices moderated slightly and underlying pressures broadly eased. Read More Source link
Japan’s Nikkei 225 hits all-time high after US inflation remains steady | Financial Markets
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.Japan’s benchmark stock market index has topped…
Trump to nominate ‘loyalist’ Stephen Miran to the Federal Reserve board | Banks News
Miran, who currently sits on the White House’s Council of Economic Advisers, has advocated for a far-reaching overhaul of Fed governance.United States President Donald Trump…
Warning to savers missing out on £100s ahead of key Bank of England decision – it takes minutes to fix
A WARNING has been issued to savers missing out on hundreds of pounds ahead of a key Bank of England (BoE) decision this week.People risk…
Trump injects a new uncertainty in tariffs, pushing start to Aug. 7
WASHINGTON — For weeks, President Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration…
Trump says economic growth ‘shatters expectations’. Data says otherwise | Donald Trump News
The White House has launched an aggressive public relations campaign promoting a narrative of economic strength during the first six months of United States President…
Trump fires official overseeing jobs data after dismal employment numbers | Donald Trump News
US President Trump alleged that the data had been manipulated to make him look bad.United States President Donald Trump has removed the head of the…
Iconic homeware chain HALVES its UK workforce as bosses focus on ‘nailing the basics’ after £20million sales slump
HOMEWARE giant Wayfair has slashed its UK workforce by more than half in just two years, as it grapples with tumbling sales and a sharp…
All the one-off benefit payments due before the end of the year including families and people over State Pension age
MILLIONS receiving benefits are in line for one-off boosts to help ease the pain on budgets at certain pressure points over the coming months. As…
What has been the impact of Trump’s tariffs so far? | Interactive News
United States President Donald Trump’s tariffs are set to come into effect on August 1. They mark a significant escalation in US trade policy, leading…
US appeals court hears arguments about legality of Trump tariffs | Courts News
Oral arguments over United States President Donald Trump’s power to impose tariffs have kicked off before a US appeals court after a lower court ruled…