5 d. ago Jobs report defies expectations and hiring remains steady despite concerns over Trump’s tariffs

The report gives the first glimpse of how the economy has fared after Trump’s so-called ‘Liberation Day’ when he introduced sweeping tariffs that plunged the stock market into chaos

Politics

6 d. ago McDonald’s posts surprise decline in global sales in first quarter

Firm was navigating ‘toughest of market conditions’ when Trump’s tariffs worsened wallet pressures on consumersMcDonald’s posted a surprise decline in first-quarter global sales on Thursday, as demand from cash-strapped diners in its key markets faltered on uncertainty sparked by chaotic tariffs.The company was navigating the “toughest of market conditions”, the company’s CEO Chris Kempczinski said, as global comparable sales fell 1%, while analysts on average had estimated a 0.95% rise. Continue reading...

Politics

8 d. ago Trump’s assault on climate make UN talks an ‘uphill battle’, says Cop30 chair

Environmental rollbacks and tariffs makes meeting challenging, says summit president André Corrêa do LagoCrucial United Nations climate talks this year will be a “slightly uphill battle” due to economic turmoil and Donald Trump’s removal of the US from the effort to tackle global heating, the chair of the upcoming summit has admitted.Governments from around the world will gather in Belem, Brazil, in November for the Cop30 meeting, where they will be expected to announce new plans to deal with the climate crisis and slash greenhouse gas emissions. Very few countries have done so yet, however, and the world remains well off track to remain within agreed temperature limits designed to avert the worst consequences of climate breakdown. Continue reading...

Events

8 d. ago UN climate talks will be ‘uphill battle’ amid Trump rollbacks, says Cop30 chair

Tariffs and environmental cuts will make meeting challenging, says summit president André Corrêa do LagoCrucial United Nations climate talks this year will be a “slightly uphill battle” due to economic turmoil and Donald Trump’s removal of the US from the effort to tackle global heating, the chair of the upcoming summit has admitted.Governments from around the world will gather in Belem, Brazil, in November for the Cop30 meeting, where they will be expected to announce new plans to deal with the climate crisis and slash greenhouse gas emissions. Very few countries have done so yet, however, and the world remains well off track to remain within agreed temperature limits designed to avert the worst consequences of climate breakdown. Continue reading...

Politics

2 w. ago Even Trump must know that firing the chair of the Fed would be self

Jerome Powell is a soft target for the president amid economic instability. But getting rid of him would only invite more chaosUS stock markets, Treasury bonds and the dollar itself are sliding amid the tariff turmoil and Donald Trump needs a soft target. It was probably only a matter of time before he intensified his attacks on Jerome Powell, chair of the US Federal Reserve. It is an easy narrative to blame the dull central banker with orthodox worries about anchoring inflation expectations. Nor is Powell able to engage in tit-for-tat soundbites. Unlike Trump, he must measure the impact on markets of his every word.The open question is how far Trump intends to push things. Monday’s reaction in financial markets was strong because it seemed for the first time that the president could be serious about removal. “Powell’s termination cannot come fast enough!” declared Trump, which was several notches beyond his usual whine about urging the Fed to hurry up with cuts in interest rates. C...

Politics

2 w. ago Why do Trump voters have no regrets? Because the people they hate are getting hurt more | Arwa Mahdawi

Even amid political chaos and rising prices, what matters most to his supporters is a macabre form of payback and vengeanceThe stock market is plunging, prices are rising, federal workers are getting laid off, students are being snatched off the street by immigration agents. The US is many things at the moment, but stable is not one of them. So, amid all this turmoil, how are all the Donald Trump voters feeling? Has buyer’s remorse set in? Are they starting to wonder whether voting in a convicted felon as president – a man who has declared bankruptcy six times – might not have been the wisest move?Not according to the polls. Rather, the US appears to be a nation of Édith Piafs: they regret rien. I’m not saying that disillusioned Republicans don’t exist; do enough digging and you can certainly find a few. And journalists have been doing a lot of digging. During Trump’s first term, there was a steady stream of media pieces profiling the regretful Trump voter. The genre has remained po...

Politics

3 w. ago MTG scooped up plummeting stocks during market chaos sparked by Trump tariffs

The Georgia congresswoman not only bought stocks last week, but also took on some of the markets’ biggest losers

Politics

3 w. ago Nigel Farage compares turmoil of Donald Trump’s tariffs to market chaos caused by Liz Truss

Nigel Farage has compared Donald Trump with Liz Truss as he increasingly distances himself from the US president’s policies

Politics

3 w. ago Nigel Farage compares Donald Trump to LIZ TRUSS and warns the US might not win trade war with China

Nigel Farage moved to distance himself from his long-term ally as he admitted he had never seen the kind of chaos that has gripped markets in the wake of 'Liberation Day'.

Events

3 w. ago Nigel Farage compares Donald Trump to Liz Truss and won't say if he's 'chump or champ' on tariffs trade war

The Reform UK leader believes both Trump and Truss did ‘too much too soon’

Politics

3 w. ago Nigel Farage hurls brutal insult at pal Donald Trump by comparing him to Liz Truss

Nigel Farage compared the wrecking ball President to the wrecking ball Prime Minister in a brutal response to this pal's tariff policy

Politics

3 w. ago Where do the tariffs stand now? Mapping Trump’s week of market chaos

The president’s week of upheaval drew to a close after he issued a 90-day pause on ‘reciprocal’ tariffs

Politics

4 w. ago Donald Trump blinks... but doubles down on China: After market turmoil, President announces 90

In a dramatic climbdown, the US President said a blizzard of 'reciprocal' tariffs on countries worldwide would be put on hold to allow time for trade talks.

Politics

4 w. ago AustralianSuper says US remains best place to invest overseas

Market chaos unleashed by tariffs has not dimmed America’s appeal, says superannuation fund CIO

Politics

4 w. ago White House thrown into turmoil as Elon Musk doubles down in spat with Donald Trump trade advisor

Elon Musk appears to be breaking from figures in the Trump administration, branding the president's trade advisor "a moron" over comments he made defending the Republican leader's tariff policy

Politics

4 w. ago Liz Truss blames Mark Carney for causing economic meltdown ‘on her watch’

Former PM said Mark Carney did a ‘terrible job’ as Bank of England governor and created the problems which sparked her downfall

Economics

last month What is a 'Panican'? Donald Trump coins new term amid trade war turmoil

As stock market losses continue to be felt across the US, President Donald Trump is urging Americans not to be “Panicans”

Politics

last month British businesses warn they face fight to survive amid fears their revenue will be HALVED after world was plunged into 'turmoil' by Donald Trump's 'ridiculous' tariffs

Firms have told MailOnline the world is in 'turmoil' and labelled the US President's decision to impose the widespread tariffs as 'ridiculous'.

Events

last month S&P 500 jumps 3.3% at the open as global markets regain ground

Stocks stage partial rebound after three trading days of turmoil sparked by Donald Trump’s tariffs

Economics