44 m. ago Trump’s trade war will cause dilemma for the Fed, says chairman Jerome Powell

Tariffs are ‘highly likely’ to drive short-term inflation, Powell says in Chicago speech

Politics

2 h. ago Gavin Newsom’s California becomes the first state to sue Trump over his tariff plan

The suit argues that as a ‘global leader in trade,’ the Golden State will bear an ‘inordinate share’ of the costs resulting from the sweeping levies

Politics

5 h. ago Trump tariffs put Fed’s jobs and inflation goals at risk, Powell says

US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

Economics

5 h. ago World Trade Organisation says global trade could slide this year because of Trump’s tariff policies

‘Enduring uncertainty threatens to act as a brake on global growth’ says international trade forum

Politics

5 h. ago UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war

Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policyUK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reveal.In an indication of the strains on the “special relationship”, British civil servants have changed document-handling guidance, adding higher classifications to some trade negotiation documents in order to better shield them from American eyes, sources told the Guardian. Continue reading...

Politics

6 h. ago Powell says Federal Reserve can wait on any interest rate moves

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday

Politics

7 h. ago Why your pension could be dealt a body blow as Trump eyes tariffs for Britain's top drug firms

If the tariff-loving Trump goes ahead with his plans, it will hit AstraZeneca - the most valuable company on the UK stock market - and also rival GSK, another stalwart of the FTSE 100.

Economics

7 h. ago John Swinney meets trade union leaders to discuss Donald Trump's tariffs carnage

The First Minister met business leaders the Scottish Trades Union Congress (STUC) to discuss how to deal with the damage the US President is causing to the global economy.

Politics

7 h. ago US consumers rushed to buy cars ahead of Trump’s auto tariffs

Vehicle sales jump in March before implementation of steep levies

Politics

9 h. ago The cost of gaming is soaring – but for many fans, a game is ‘worth’ more than its price tag

As tariffs raise the price of consoles, is it time for gamers to reevaluate our relationship with new releases?Now is not a good time to buy a new games console.The shock waves from Donald Trump’s will-he-won’t-he approach to trade tariffs were always going to hit video games, an industry that relies on incredibly complex global supply chains. On Monday, Nikkei Asia reported on analysis from a major electronics supplier suggesting that the Nintendo Switch 2 will be subject to Trump’s 145% tariff on goods imported to the US from China, despite his apparent decision to exempt smartphones and computers. Continue reading...

Sport

9 h. ago Trump's tariffs could be tough to crack for a German nutcracker maker focused on the US

U.S. President Donald Trump’s tariffs threaten to become a tough nut to crack in an unlikely place — a small company whose factory nestled deep in the hills of eastern Germany produces painstakingly hand-crafted nutcrackers that are snapped up by American collectors

Politics

9 h. ago One of UK’s largest companies sees £2bn wiped off shares through Trump tariffs impact

The UK distributor supplies companies around the world with everyday goods such as food packaging, equipment and protective wear

Economics

10 h. ago Who might win Canada’s election – and what that would mean for Trump’s tariffs

Canadians head to the polls on April 28 in a general election that could see a tight race between Prime Minister Mark Carney's Liberals and Pierre Poilievre's Conservatives.

Politics

10 h. ago Trump tariff war to slash North American exports by 13%, warns WTO

Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the two

Events

10 h. ago Visas not an issue in UK trade talks, insists India's top diplomat in London amid Trump tariff chaos

Vikram K Doraiswami stressed that his country wanted Indian companies to be able to move staff to Britain ‘more easily’ as part of an agreement, but their focus was on hiring locally

Politics

10 h. ago Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline. Continue reading...

Events

11 h. ago Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new big ticket items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in

Economics

11 h. ago Nvidia hit with $5.5bn charge after promising half a trillion US investment

The world’s biggest chipmaker and AI leader is set to invest heavily in the States across the coming years

Economics

11 h. ago Trump says Harvard should no longer receive federal funds as university pushes back – US politics live

President doubles down on cutting public funding for leading US university in fresh social media rantDonald Trump has gone on yet another rant about Harvard University on his social media platform Truth Social this morning.It comes as the US education department said it was freezing about $2.3bn in federal funds to the Ivy League school.Everyone knows that Harvard has “lost its way.” They hired, from New York (Bill D) and Chicago (Lori L), at ridiculously high salaries/fees, two of the WORST and MOST INCOMPETENT mayors in the history of our Country, to “teach” municipal management and government.These two Radical Left fools left behind two cities that will take years to recover from their incompetence and evil. Harvard has been hiring almost all woke, Radical Left, idiots and “birdbrains” who are only capable of teaching FAILURE to students and so-called “future leaders.” Continue reading...

Politics

12 h. ago Trump effect leaves Canada’s Conservatives facing catastrophic loss

Pierre Poilievre had hoped to be the next PM, but a sharp change in mood amid Trump tariffs has the party in turmoilWhen Conservative leader Pierre Poilievre finally emerged from a holding room, excited shouts erupted in a tsunami-like wave throughout the banquet hall. Party faithful – some in the ill-fitting free T-shirts handed out by staffers – craned their necks for a glimpse of the man they hoped will be the next Canadian prime minister.Hair perfectly parted and clad in his standard-issue crisp blue suit, Poilievre embraced the first supporter, a gesture that appeared to leave her overjoyed. Another supporter, wearing a red “Save Canada” shirt, was crestfallen when Poilievre seemed to miss him, before the leader turned and gripped the man’s hand in a firm shake. Continue reading...

Politics