News

Supermarket follows Sainsbury's 17% hike by increasing cost of same shopping essential
It comes as food price inflation rose for the third month in a row in June, to its highest level since February 2024 ...
An attempt by Trump to fire Powell would face major legal challenge
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Charting the global economy: Tariffs trickling to US consumers
In China, a 5.2% increase in second-quarter gross domestic product beat expectations, bringing the official 5% expansion goal ...
A look at the unfolding battle between Trump and Powell over Fed policy
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Trump’s tariffs may wreck your holidays — expert warns of a major inflation spike by year-end
Wall Street economist Torsten Sløk warns that Donald Trump's tariffs could trigger significant inflation, peaking in November or December, impacting consumer prices on gifts and groceries. This could ...