19 minutes ago US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live

Rolling coverage of the latest economic and financial newsTrump’s tariff threat sets stage for bitter global trade warTrump’s tariffs will lead to higher prices in the shops, and weaker currencies for Canada, China and Mexico, explains Holger Schmieding, chief economist at Berenberg Bank.Schmieding saysTaken at face value, such tariffs could raise the level of US consumer prices by c1% within a year if we assume that producers and distributors can pass on roughly 70% of higher import prices to consumers at a time of buoyant domestic demand. However, a depreciation of the Canadian, Mexican and Chinese currencies relative to the US dollar will likely absorb a significant part of that impact, perhaps up to half as a back-of-the envelope guess.Trump’s tariff statement is probably merely the...

Economics

55 minutes ago Sex changes ‘recognised in law’ with gender recognition certificate, court told

It came during a legal challenge by For Women Scotland over whether trans women can be regarded as female for the purposes of the Equality Act.

Events

56 minutes ago Married man who stabbed pregnant girlfriend to death guilty of her murder

Filmon Andmichaen killed Liwam Bereket in woodland in Birmingham because their unborn baby was a ‘complication he was unwilling to accept’.

Events

83 minutes ago Australia’s mission improbable: crack the genius of Jasprit Bumrah in 10 days | Barney Ronay

India’s supreme fast bowler destroyed the top order in Perth and the hosts have little time to avoid a second Test repeatTest cricket is supposed to be cruel. This is a key aspect of its beauty. This thing hurts. It will seek out your weakest points and then very carefully and skilfully gouge its nails into the wound. But is it meant to be this cruel?There was something tender, painful and even a little disturbing about what Jasprit Bumrah did to Marnus Labuschagne during the first Border-Gavaskar Test in Perth. In the space of 23 Bumrah deliveries Labuschagne was dropped, hit in the ribs, beaten five times, left completely scoreless, and basically de-cricketed, reduced to a series of strange, formless movements, stabbing at the ball like an under-gardener swatting midges in the dark. C...

Events

1 hour ago Police to search landfill site for man who is missing and presumed murdered

Cumali Turhan was reported missing to police on the evening of November 19 after he did not arrive at work.

Events

1 hour ago ‘The science of fluoride is starting to evolve’: behind the risks and benefits of the mineral

With RFK Jr and a court ruling, conversation on fluoride, in about 72% of US community water supplies, has explodedA national conversation about fluoride’s health benefits exploded this fall after a federal toxicology report, court ruling and independent scientific review all called for updated risk-benefit analysis.Fluoride, a naturally occurring mineral in some regions, has been added to community water supplies since the mid-20th century when studies found exposure dramatically reduced tooth decay. Continue reading...

Events

1 hour ago Adele bursts into tears on stage as she admits she's 'so sad' as Vegas gigs end

Adele was tearful as she told her fans in Las Vegas that she was 'so sad' that her two-year residency was over, but 'so glad' that it happened in the first place

Politics

2 hours ago Reading FC takeover being brought to High Court to try and force Dai Yongge sale

Prospective buyer Rob Couhig is ‘baffled’ at how a deal has not yet gone through and will use the courts to try and force the unpopular Yongge into selling the club

Events

2 hours ago Teenager sent mom chilling text after night out: ‘I got shot. Mama. Plz. Help me’

Sky Alexander Douglas Korbut, 18, was arrested and charged with assault in the third degree as well as unlawful possession of a firearm, court documents say

Politics

2 hours ago Bodø/Glimt: from Arctic football outpost to centre stage at Old Trafford

‘It’s been quite a journey,’ says midfielder Ulrik Saltnes of the Norwegian club’s rise, an example across ScandinaviaBack in 2011, Bodø/Glimt were cash-strapped and forced into a routine beloved of park footballers. They were labouring in Norway’s second tier and, as their sporting director, Håvard Sakariassen, puts it, had “hit the wall”. Those long trips from inside the Arctic Circle feel even more onerous when you are doing everything yourself and, as they prepare to visit Manchester United, they would be forgiven a moment to marvel at how the picture has transformed.“We didn’t have a kit manager so we washed our kit at home and came to training already dressed,” says Sakariassen, who had recently quit as a player and found himself taking de facto responsibility for managing the tea...

Politics