Inflation in the United States accelerated to 2.9 per cent in August, with the central bank expected to respond with its first interest rate cut of the year at its
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Queuing for shop releases is not just the pursuit of devoted tech fans or trainer collectors these days. It is now a regular sight among middle-class Americans at their local
The latest figures from the United States reveal a steeper than expected rise in producer prices for July, raising fresh concerns over stagflation and the likelihood of imminent interest rate
Fresh employment figures from the US Department of Labour have demonstrated unexpected strength in the world’s largest economy, with 147,000 new positions created in June, significantly surpassing market forecasts of
A significant sell-off in global bond markets has gained momentum following the passing of President Trump’s sweeping tax bill through the US House of Representatives. The controversial legislation, which adds
US inflation fell unexpectedly in April, coinciding with President Trump’s announcement of significant reductions in tariffs, marking what he described as “liberation day.” The annual rate of price growth dropped
The United States has recorded its largest-ever trade deficit, revealing a significant challenge for the country’s economic stability. The deficit surged by 14 per cent in March, reaching a historic
The Federal Reserve has once again opted to leave interest rates unchanged amidst growing concerns over the American economy. The central bank’s decision marks the third consecutive occasion in which
Scott Bessent, the United States Treasury Secretary, sought to calm financial markets on Monday following President Trump’s announcement of a controversial 100 per cent tariff on foreign-produced films. Speaking at
Britain stands on the brink of facing permanent tariffs of 10 per cent on exports to the United States, even if an economic deal is successfully secured with President Trump.
Recent research has revealed that rising egg prices have led around a third of American consumers to cease their purchases of this breakfast staple. According to a study conducted by
Virgin Atlantic has signalled a slowdown in demand for transatlantic travel, which has resulted in a decline in the share price of rival British Airways’ owner, IAG. Both UK long-haul
The pound has risen to a four-month high against the dollar as fears of a US recession deepen following President Donald Trump’s trade policy announcements. Sterling edged up by 0.1pc
In a landmark announcement, Apple has unveiled plans to inject $500 billion into the US economy over the next four years, marking what the tech giant describes as its ‘largest-ever
The United States has become a precarious investment destination under Donald Trump’s leadership, according to Nobel prize-winning economist Joseph Stiglitz, who warns of looming stagflation risks amid escalating policy uncertainties.
The United States witnessed an unexpected uptick in inflation during January, challenging former President Donald Trump’s recent campaign promises to swiftly reduce prices. Consumer price index figures revealed a 3%
