21 hours ago US accuses former Federal Reserve official of passing secrets on to China

Justice department alleges John Harold Rogers accessed sensitive information including briefings and policy deliberations

Politics

32 hours ago Helensburgh man arrested and charged with knife possession in Dumbarton town centre

Police Scotland arrested and charged a 51-year-old man in connection with allegedly being in possession of a knife in the High Street area of Dumbarton.

Events

30 hours ago AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – business live

Pharmaceutical company says that it will not go ahead with investment at Speke, near LiverpoolDonald Trump’s White House will invoke emergency powers to introduce tariffs on Canada and Mexico, Reuters reports:Two sources familiar with the matter said that Trump was expected to invoke the International Emergency Economic Powers Act (IEEPA) as the legal basis for the tariffs, declaring a national emergency over fentanyl overdoses that killed nearly 75,000 Americans in 2023 and illegal immigration.The statute enacted in 1977 and modified after the 9/11 attacks in 2001 gives the president broad powers to impose economic sanctions in a crisis. Continue reading...

Economics

31 hours ago Inflation ticked higher last month, in latest sign of persistent price pressures

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts

Economics

32 hours ago FTSE 100 on course for biggest monthly gain in two years – business live

Live rolling coverage of business, economics and financial markets as Smiths Group leads index after promising break-up of FTSE 100 engineering companyDonald Trump’s White House will invoke emergency powers to introduce tariffs on Canada and Mexico, Reuters reports:Two sources familiar with the matter said that Trump was expected to invoke the International Emergency Economic Powers Act (IEEPA) as the legal basis for the tariffs, declaring a national emergency over fentanyl overdoses that killed nearly 75,000 Americans in 2023 and illegal immigration.The statute enacted in 1977 and modified after the 9/11 attacks in 2001 gives the president broad powers to impose economic sanctions in a crisis. Continue reading...

Economics