House and Senate Republicans on Friday criticized President Donald Trump’s decision to suspend tariffs on ground beef imports, with lawmakers from agricultural states decrying the impact Trump’s decision will have …
Business
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US consumers are continuing to spend, but recent results from major retailers suggest they are becoming more selective about where and how they spend their money. Walmart’s sharp stock decline …
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Business
30-year Treasury yields: why they’re set to soar despite Bessent’s intervention
by adminby adminUS 30-year government bond yields rebounded for the second consecutive day, reaching a high of 5.250%, up modestly from this week’s low of 5.17%. It is hovering near the year-to-date …
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Business
Fed minutes show several officials favored July rate hike as inflation persists
by adminby adminSeveral Federal Reserve officials favored raising interest rates at the central bank’s July meeting, while many others said further tightening could be necessary if inflation fails to decline, according to …
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A new group of industries is reshaping political spending in the US as cryptocurrency, artificial intelligence and online betting companies pour money into the 2026 midterm elections. Corporate spending on …
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Business
UK inflation hits four-month high as energy bills reignite interest-rate risk
by adminby adminUK inflation accelerated in July as a sharp rise in household energy costs pushed the headline rate further above the Bank of England’s target, reviving questions over whether policymakers may …
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Canada has secured a three-day reprieve from a new round of steep US tariffs after President Donald Trump said Washington and Ottawa were close to reaching a trade agreement. Trump …
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Business
China economy slows in July as retail sales and investment miss forecasts
by adminby adminChina’s economic recovery lost momentum in July, with consumer spending, investment and industrial production all coming in weaker than expected, raising pressure on Beijing to introduce additional measures to support …
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Business
Iran conflict is going to be difficult to end, says Dr Anita Kellogg on Zero Sum
by adminby adminOil prices have swung violently as the Iran conflict threatens one of the world’s most important energy chokepoints, while Washington faces a separate strategic challenge in its relationship with China. …