3 h. 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

6 h. ago For the first time in years, the public trusts Republicans less on the economy than Democrats, poll finds

Trump’s own economic approval rating has fallen as he continues his trade war with China

Politics

8 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

13 h. ago US tariffs bring stalled shipments and uncertainty for Chinese exporters

Exporters at China’s largest trade fair are facing uncertainty, stalled shipments and lower sales forecasts due to the trade war with the United States

Politics

14 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

15 h. ago JPMorgan CEO Jamie Dimon warns US could lose credibility over Trump trade war

JPMorgan CEO says no country has ‘divine right to success’ in latest caution to president

Events

15 h. ago Japan set for ‘guinea pig’ trade talks with US after Trump’s tariffs

Tokyo first in line for negotiations that will be closely watched as test case of Washington’s trade war strategy

Politics

19 h. ago Trump latest: China warns president to ‘stop whining’ over tariffs after US curbs Nvidia chip sales in trade war

It comes as Donald Trump claims the U.S is taking in ‘record’ tariffs after raising import duties

Events

28 h. ago Venture Global debt deal wakes US junk bond market from tariff slumber

Upsized offering from energy group ends two-week high-yield bond drought triggered by Trump trade war

Economics

34 h. ago Trump trade war could challenge US credibility, says Jamie Dimon

JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate

Politics

35 h. ago 'Let those US peasants wail in front of 5,000 years of Chinese civilisation!': Beijing fires extraordinary trade war broadside following JD Vance's slur

Beijing has branded the US tariffs as 'extremely shameless' today and warned that bullying has never worked on Chinese people - including those from Hong Kong.

Events

37 h. ago Trump’s tech tariffs are total chaos – and everyone’s paying the price

From iPhone airlifts to Nintendo delays, Trump’s trade war has thrown the tech world into confusionHello, and welcome to TechScape. Today’s news: Donald Trump’s tariffs spread confusion like a germ, tech takes two kinds of environmental tolls, Meta faces an antitrust trial, and I’ve been watching two excellent pieces of serialized fiction on Instagram and TikTok.OpenAI countersues Elon Musk over ‘unlawful harassment’ of companyFederal workers fear Musk’s ‘efficiency’ agency is using AI to spy on them: ‘They are omnipresent’ Continue reading...

Economics

37 h. ago Donald Trump's trade war tariffs slammed by France for unleashing 'tsunami of destabilisation'

French Prime Minister Francois Bayrou hit out at Trump’s America for going ‘over to the side of the aggressors’

Politics

38 h. ago ‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailout

With extreme weather and Trump’s looming trade war, US farmers are reeling and resigned to needing another bailoutFarmers across the United States say they could face financial ruin – unless there is a huge taxpayer funded bail out to compensate for losses generated by Donald Trump’s sweeping cuts and chaotic tariffs.Small- and medium-sized farms were already struggling amid worsening climate shocks and volatile commodities markets, on top of being squeezed by large corporations that dominate the supply chain. Continue reading...

Events

39 h. ago Don’t worry, gen Z! A billionaire boomer says your lives are going to be great | Arwa Mahdawi

The CEO of JPMorgan Chase says young people needn’t worry – the future is bright and AI-enhanced. So why does the world feel so precarious?Chin up, everyone. Things may seem grim at the moment but a billionaire has swooped in to reassure everyone – particularly impecunious young people – that everything is going to be OK. Better than OK, in fact. According to JPMorgan Chase CEO Jamie Dimon, despite the current economic and political instability, gen Z should be grateful for what will be a very bright and AI-enhanced future.“These kids, anyone who’s depressed – as long as we don’t have nuclear war – they’re going to have an unbelievable life,” Dimon said in a recent interview with Fox News. “People say the next generation’s in bad shape,” he added. “Really? They’re going to inherit a country that’s worth two [or] three hundred trillion dollars. They’re probably going to live to 120; AI is going to cure some cancers They shouldn’t be bemoaning their situation.” Continue reading...

Society

48 h. ago China’s Xi Jinping is in Vietnam to figure out how to ‘screw’ the US, says Trump

US president issues scathing view of Chinese counterpart’s motivations amid escalating trade war with Beijing Xi Jinping’s tour of South-east Asia this week is likely intended to “screw” the United States, President Donald Trump has suggested, as the Chinese leader embarks on five-day tour of some nations hardest hit by Trump’s tariffs.China’s president arrived in Hanoi on Monday, where he met Vietnam’s top leader, To Lam, called for stronger trade ties, and signed dozens of cooperation agreements, including on enhancing supply chains. Continue reading...

Politics

51 h. ago UK consumers plan to ‘buy British’ as Trump’s trade war bites

More than 70% of people said they intend to support UK businesses

Politics

57 h. ago Leda Braga’s Systematica suffers as Trump’s trade war hits quant hedge funds

Sharp market reversals have wrongfooted many computer-driven traders betting on market trends

Events

59 h. ago Top economist urges Reeves to raise basic rate of income tax for first time in 50 years

Institute for Fiscal Studies boss Paul Johnson warned Donald Trump’s trade war is ‘badly buffeting’ the UK economy

Economics

59 h. ago Trump says he's prepping for 'war' with China as he takes HUGE economic gamble angering Xi Jinping

President Donald Trump gave another justification for his tariff hikes.

Politics