11 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

35 minutes ago Boffins devise plan to eavesdrop on alien chat as they send messages between planets

A scientist hopes to intercept signals from 'an alien civilization going about its business doing its thing' by looking for planet to planet narrowband radio waves

Politics

46 minutes ago Loose Women's Ruth Langsford spotted in Australia ahead of ITV show debut

Ruth Langsford has been pictured landing in Australia ahead of her debut on I'm A Celebrity...Get Me Out of Here! spin-off show Unpacked alongside Joel Dommett, Sam Thomson and Kemi Rogers

Politics

48 minutes ago Black Friday Sale: Hoover has released its robot vacuum now reduced to £199 from £249

Hoover has released its robot vacuum the HG4 which has been reduced from £249 to £199 in the Black Friday Sale.

Economics

82 minutes ago Moment survivors rescued from sunk Sea Story vessel brought on to dry land in Egypt

Five passengers were miraculously saved yesterday after a huge search operation led by Egypt’s Red Sea governor and the country’s navy found them after being trapped for over 24 hours

Events

83 minutes ago This Morning fans rage Cat Deeley 'spoiled the show' as they issue complaint

This Morning fans were left fuming with presenter Cat Deeley as they tuned in to watch on Wednesday.

Politics

89 minutes ago Who are the Border Patrol chaplains? And why does the agency need more of them now?

Border Patrol agents are tasked with enforcing hotly contested immigration policies as many Americans at both ends of the political spectrum look askance at the border — and the agents

Politics

92 minutes 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

93 minutes 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 Chinese Nintendo Switch users to see online services cut off as company to end game sales

Chinese Nintendo Switch owners won't be able to purchase or download new games as of 2026, as Tencent winds down its eShop while offering some free games for those affected

Politics