In a dramatic escalation of his battle with the US central bank, President Trump has fired Federal Reserve Governor Lisa Cook. The shocking move, citing a 'failure to align with national economic interests,' sends the strongest signal yet of Trump's inten
New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.
Federal Reserve Chair Jerome Powell tempers 2024 rate cut expectations, triggering a Wall Street sell-off. The tech-heavy Nasdaq plummets, led by a sharp decline in AI giant Nvidia, while the political sphere reacts to Donald Trump's primary victories.
New analysis reveals the stark impact of proposed US tariffs on British consumers, with the cost of school essentials from pencils to laptops expected to surge, squeezing household budgets.
Exclusive analysis reveals how Trump's unprecedented public pressure on the Federal Reserve threatens its independence, as markets anticipate aggressive rate cuts amid political tensions.
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
Home Depot's CEO sounds the alarm on potential price increases for British consumers if Donald Trump reinstates import tariffs, reigniting fears of a transatlantic trade war.
Former President Donald Trump has revoked a key economic order signed by President Joe Biden, sparking debate over its impact on markets, jobs, and inflation.
Former President Donald Trump proposes sweeping tariffs on Chinese goods as US inflation climbs, sparking fears of a new trade war. Experts weigh in on the economic risks.
New US tariffs imposed by former President Donald Trump have triggered a sharp rise in UK inflation, pushing consumer prices to their highest level in months. Experts warn of prolonged economic strain.
Former US President Donald Trump has accused China and Japan of manipulating their currencies to fuel inflation in America, as he ramps up his 2024 election campaign rhetoric.
As Trump proposes tariffs on Chinese imports, experts weigh in on how gold and Bitcoin could react, potentially reshaping global markets and inflation trends.
A new Yale analysis shows that Donald Trump's trade tariffs failed to boost US manufacturing jobs and instead raised consumer prices, contributing to inflation.
The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.
A new poll shows UK voters blame Donald Trump's economic policies for worsening inflation and the cost-of-living crisis, with many calling for stronger government intervention.
A heated debate erupted between Fox News anchor Harris Faulkner and former President Donald Trump after a poll showed voters blaming Biden for inflation, not Trump. Discover the explosive details.
Former US President Donald Trump has proposed imposing tariffs on EU imports if re-elected, raising fears of a trade war and higher inflation. Experts warn of economic fallout.
Former US President Donald Trump has launched a scathing critique of Federal Reserve Chair Jerome Powell, accusing him of mismanaging monetary policy. Experts weigh in on the potential economic fallout.
Official figures show UK inflation eased in June, driven by summer discounts on clothing and stable food prices. What does this mean for consumers and the economy?
UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.
Florida Congresswoman Anna Paulina Luna criticises Federal Reserve Chair Jerome Powell for mishandling inflation, sparking debate on economic policy.
Adam Schiff dismantles Donald Trump’s misleading inflation claims, highlighting factual inaccuracies and questioning his credibility amid ties to Jeffrey Epstein.
Andrew Bailey, Governor of the Bank of England, cautions against premature interest rate reductions, emphasising the need for sustained inflation control despite political pressures.
Wall Street rallies as US inflation data fuels optimism, with the Dow Jones and Nasdaq Composite hitting record highs. How will this impact London and global markets?
New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.
Fresh data shows US inflation climbing in June, driven by Trump's aggressive trade policies. Experts warn of global economic ripple effects, including potential impacts on British markets and consumers.
Former President Donald Trump criticises Joe Biden's economic policies as inflation data looms, sparking debate ahead of the US election.
As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.