7 h. ago ‘Surprised’ Trump appears to forget he appointed Powell as Fed chair before blaming Biden for keeping him on

Seeming gaffe comes a day after he fabricated a story about his uncle and Unabomber Ted Kaczynski

Politics

11 h. ago Trump’s calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

The president’s public about-face on firing Jerome Powell is sure to have critics call it another TACO, or ‘Trump Always Chickens Out,’ moment.

Politics

11 h. ago Trump calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

Apparent U-turn

Politics

12 h. ago Trump privately indicates he may soon fire Fed chair Jerome Powell

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack himDonald Trump has privately indicated he is on the cusp of firing the Federal Reserve chair Jerome Powell, rattling Wall Street and renewing questions over the US central bank’s independence.The US president insisted on Wednesday that it was “highly unlikely” he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies. Continue reading...

Politics

13 h. ago Trump says he's 'unlikely' to fire Fed chief Powell despite GOP urging

President Trump said he's 'unlikely' to fire Federal Reserve Chair Jerome Powell after months of threats.

Politics

25 h. ago How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

Politics

33 h. ago Mike Waltz blames his Signal blunder on Biden, saying his administration ‘recommended’ the app

Defense Department guidance specifically prohibited employees from using Signal to transmit non-public information

Politics

39 h. ago Top Republicans says 2020 George Floyd riots were Biden’s fault (despite Trump being president at the time)

Georgia congressman Mike Collins absurdly claimed that the 2020 civil unrest was Joe Biden’s fault – when it was actually President Donald Trump who was in charge.

Politics

6 d. ago Donald Trump branded 'condescending' after bizarre remarks to Liberia’s President

Donald Trump was visibly surprised when he addressed Joseph Boakai, Liberia’s President, but comments made to the 80-year-old politician have since caused a stir

Politics

8 d. ago Liam Gallagher appears to forget his own lyrics at Oasis comeback show as legendary singer reads from a teleprompter while performing for 74,000 fans in Cardiff

The singer has buried the hatchet with older brother Noel for a lucrative series of comeback shows, some 16-years after the iconic Britpop band's implosion and subsequent split.

Politics

9 d. ago Israel's Netanyahu surprises Trump with coveted Nobel Peace Prize nomination as he gives update on Iran peace talks

President Donald Trump spoke before a dinner with Israeli PM Benjamin Netanyahu at the White House Monday. Their meeting came amid a push for a ceasefire agreement in Gaza.

Politics

9 d. ago Business news live: Trump delays end of trade tariff pause and surprise June house prices data

Stock markets updates and business news from Monday

Economics

1 week ago Shock poll shows Trump's approval rating savaged by key group

President Trump is facing growing backlash from a surprising demographic, with a new poll showing his approval has plunged to one of its lowest points yet.

Politics

1 week ago Melania appears to have lost her groove as she mimic Trump’s infamous ‘YMCA’ dance at July 4 bash

Melania Trump surprised onlookers by joining Donald Trump in his signature “Trump Dance” during the July 4th celebration at the White House.

Politics

1 week ago US labor market surprises with 147K new jobs last month despite Trump’s tariffs causing economic concerns

The positive figures conceal underlying weaknesses

Economics

2 w. ago Donald Trump's 'colossal mistake' BLASTED by Obama and Bush during surprise reunion that left Bono in tears

Obama and Bush united with U2 singer Bono to decry what Obama called 'a colossal mistake' by Trump.

Politics

2 w. ago Interest rates would have been cut, if not for Trump’s tariffs, Fed chair says

Trump has pressured Powell and the Fed to lower short term interest rates

Politics

2 w. ago Fed chair Jerome Powell blames Trump tariffs for failure to cut US interest rates this year – business live

Rolling coverage of the latest economic and financial newsUS dollar has worst first half in more than 50 years amid Trump tariffsSainsbury’s has recorded its strongest growth since last summer after its Argos chain recorded a big step up in sales as shoppers sought out paddling pools and fans during recent hot weather.The retail group said Argos, its catalogue shop, was able to achieve growth of 4.4% in the three months to 21 June, up from 1.9% in the previous quarter. Comparable group sales, excluding fuel, rose 4.7% on a year earlier.Companies have now expanded production slightly for the fourth month in a row, order intake has ceased to fall, and slightly longer delivery times also indicate that demand is picking up a bit.Against the backdrop of numerous uncertainties - US tariffs, the crisis in the Middle East, and Russia’s ongoing war against Ukraine - this can certainly be seen as a sign of resilience. Continue reading...

Politics

2 w. ago White House says decision on nominating next Fed chair not ‘imminent’

US dollar fell after report that Donald Trump could name nominee to succeed Jay Powell as soon as this summer

Society

3 w. ago Fed chair Powell insists there’s no rush to cut US interest rates, despite Trump criticism – business live

Oil has fallen to its lowest level since June’s conflict began, while stock markets have jumped across Asia and EuropeOil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying too.This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

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