17 h. ago Global stocks extend rally after US inflation data lifts sentiment

Latest reading paves way for Federal Reserve to cut interest rates in September

Economics

44 h. ago Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve to cut short-term interest rates as President Donald Trump has demanded

Economics

3 d. ago Scottish Government warned to 'come clean' over £180k cash for Trump course contest

The public funding was said to be supporting the delivery of the Nexo Championships but instead it was used to buy a giant advert on the US President's Aberdeen course.

Events

8 d. ago Brexit has been a resounding disaster. Starmer must find the courage to change course | Ed Davey

Poll after poll shows most voters think leaving the EU has been a failure. Closer ties with Europe would bring huge rewardsBrexit isn’t working, and the British people know it. Poll after poll, including that unveiled this weekend by More In Common for the Sunday Times, shows that people are feeling the terrible damage caused by the deal forced upon us by Boris Johnson, Kemi Badenoch and the rest of the Conservative party, and want something different. The latest shows less than a third of Britons would vote to leave the EU if a referendum were repeated. There’s no doubt that fundamental change is needed. There’s no doubt the public will is there to make it happen. The question is: will Keir Starmer seize the moment and deliver it?There are big prizes on offer if he does. Giving our economy the boost it desperately needs, pulling it out of the cycle of low growth and high debt that the Conservatives plunged us into. Helping to raise more funding to lift our NHS and other public serv...

Events

3 w. ago Painful lumps on teenager’s neck turned out to be rare cancer

Jack’s mother said he ‘wouldn’t be here’ without public donations to fund his vital treatment

Politics

3 w. ago House Republicans pass Trump’s proposed aid and public broadcasting cuts

Proposal heads to president’s desk to be signed after party-line vote was delayed by Jeffrey Epstein controversyHouse Republicans passed Donald Trump’s funding cut proposal just after midnight on Friday – clawing back $9bn in federal dollars.The vote was split on party lines, 216-213, with two Republicans, Mike Turner of Ohio and Brian Fitzpatrick of Pennsylvania, opposing the package alongside all Democrats. The proposal will now go to the president’s desk to be signed and codified. Continue reading...

Politics

3 w. ago Federal Reserve's Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts

Politics

3 w. ago Searching for pennies: With the cut in federal funding public broadcasters are looking to cope

In Alaska, a public radio station general manager took a moment from a busy day warning her community about a possible tsunami for a special task — sending a text message to Sen. Lisa Murkowski urging her to vote against a measure to strip federal funding of NPR and PBS

Politics

3 w. ago The Latest: House prepares to advance cuts on public broadcasting and foreign aid

The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated funding for public broadcasting and foreign aid

Politics

3 w. ago Man found guilty of pocketing public funds while working four council jobs

Bryn Howells has been found guilty of fraud after pocketing more than £230,000 in salaries and benefits – all funded by taxpayers.

Economics

3 w. ago US Senate passes aid and public broadcasting cuts in victory for Trump

Members vote 51 to 48 in favour of president’s request to slash $9bn in spending already approved by CongressThe US Senate has approved Donald Trump’s plan for billions of dollars in cuts to funding for foreign aid and public broadcasting, handing the Republican president another victory as he exerts control over Congress with little opposition.The Senate voted 51 to 48 in favour of Trump’s request to cut $9bn in spending already approved by Congress. Continue reading...

Politics

4 w. ago What are rescissions – and why does Trump want Congress to approve them?

The president is pushing for cuts in spending that Congress needs to approve to take effect – but what exactly are they?US politics live – latest updatesCongressional Republicans are pushing for passage of a rescissions package, legislation requested by Donald Trump that will claw back $9bn in funding intended for foreign aid programs and public broadcasting.The bill, which is part of the president’s campaign to slash government spending, passed the House last month, and is now being debated in the Senate. Continue reading...

Politics

4 w. ago Howe’s dilemma as Newcastle’s Saudi owners can’t ignore case to sell Isak

Liverpool’s record bid for striker and offer for Howe target Ekitike cast cloud over manager’s plans for new seasonAmid the jungle of super-skyscrapers dominating Riyadh’s financial district, one building soars above the rest. From the higher floors of the 385-metre PIF Tower, employees can plot their next deal while gazing down on a glass-curtained canopy of concrete, steel and polished marble.For Yasir al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund (PIF) and the chair of Newcastle United, the top of this striking, 80-storey crystalline structure is a place where metaphorical blue-sky thinking meets reality. Continue reading...

Politics

4 w. ago Native American radio stations at risk as Congress looks to cut $1B in public broadcasting funding

Native American radio stations could face shutdowns if Congress cuts over $1 billion from the Corporation for Public Broadcasting

Economics