3 h. ago Trump falsely claims grocery prices and rent are going down in winding speech on affordability

US president claims he has ‘defeated’ inflation as data released on Tuesday shows price of goods rose 2.7% in past yearDonald Trump is heading to Detroit, Michigan today, where he’ll tour a Ford factory in Dearborn.The president will deliver remarks to the Detroit Economic Club at 2pm ET, to continue his “affordability” tour, where he’s expected to tout the administration’s commitment to revitalising manufacturing and keeping costs down. Continue reading...

Politics

3 h. ago Trump revives Joe Biden obsession with brutal imitation and wild new drug accusations during economic speech

President Donald Trump has revived his campaign persona, touting his policy victories while aiming, once again, at Joe Biden, who he claimed was propped up by drugs in his final days in office.

Politics

4 h. ago Donald Trump gives remarks on affordability in Detroit – US politics live

US president claims he has ‘defeated’ inflation as data released on Tuesday shows price of goods rose 2.7% in past yearDonald Trump is heading to Detroit, Michigan today, where he’ll tour a Ford factory in Dearborn.The president will deliver remarks to the Detroit Economic Club at 2pm ET, to continue his “affordability” tour, where he’s expected to tout the administration’s commitment to revitalising manufacturing and keeping costs down. Continue reading...

Politics

4 h. ago Trump live updates: President claims he’s ‘defeated’ inflation and boasts about seizing Venezuela’s oil in Detroit economic speech

President used his speech to increase pressure on the Federal Reserve to lower interest rates

Economics

6 h. ago Trump live updates: President lashes out at ‘incompetent or crooked’ Jerome Powell ahead of Detroit speech on economy

President said he will highlight positive aspects of the US economy this afternoon in remarks from Detroit

Politics

9 h. ago Trump live updates: President to visit Detroit auto plant and give speech amid factory job slump

President will give remarks at the Detroit Economic Club in the afternoon

Politics

13 h. ago Eleven central bank chiefs defend Fed’s Jerome Powell over DoJ investigation; oil hits two

Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US tradeGlobal central bank officials are reportedly planning to release a coordinated statement of support for US Federal Reserve Chair Jerome Powell, after America’s top central banker was threatened with a criminal indictment.Reuters is reporting that the statement, which is expected to contain the signatures of central bankers from around the world, will back Powell and stress the need for independent central banking. Continue reading...

Events

14 h. ago Trump warns of ‘complete mess’ if supreme court rejects tariffs

US president speaks after saying that any country that does business with Iran will face 25% levy on trade with USBusiness live – latest updatesDonald Trump has said “it would be a complete mess” if the US supreme court were to strike down his global trade tariffs.In a lengthy post on social media, the US president said “WE’RE SCREWED” if the supreme court rules against the tariffs, before the decision, which could come as soon as Wednesday. It is a crucial legal test of his controversial economic strategy and his power. Continue reading...

Events

25 h. ago Iran live updates: Trump threatens 25% tariff on any country that trades with Iran 'effective immediately' as death toll 'continues to rise'

The US President Donald Trump has threatened to impose a 25 per cent tariff on any country that trades with Iran.

Events

4 d. ago Minneapolis ICE shooting live updates: Mayor disputes Trump claim agent was badly injured and defends ‘F

‘I dropped an F-bomb... They killed somebody. Which one of those is more inflammatory?’ Jacob Frey told reporters Friday

Events

5 d. ago Tim Walz activates National Guard as tensions between Minnesota and Trump administration explode over ICE shooting: Live updates

Renee Nicole Good, 37, was shot in the head three times while inside her SUV on Wednesday, sparking mass protests in the streets and outrage from Minnesota lawmakers.

Events

5 d. ago Minneapolis in chaos as protesters clash with riot cops while Trump says ICE victim Renee Nicole Good 'behaved horribly': Live updates

Renee Nicole Good, 37, was shot in the head three times while inside her SUV on Wednesday, sparking mass protests in the streets and outrage from Minnesota lawmakers.

Events

5 d. ago U.S. vows to control Venezuela’s oil ‘indefinitely’ after UK helps Trump seize two tankers: Live updates

Trump claimed that American companies would be sending workers to Venezuela to help rebuild the nation’s oil industry infrastructure

Politics

5 d. ago U.S. vows to control Venezuela’s oil ‘indefinitely’ as British army helps Trump seize two tankers: Live updates

Trump claimed that American companies would be sending workers to Venezuela to help rebuild the nation’s oil industry infrastructure

Politics

5 d. ago Trump says Venezuela will purchase ‘only’ American products with oil deal revenue as US seizes two tankers: Live updates

Trump previously claimed that American companies would be sending workers to Venezuela to help rebuild the nation’s oil industry infrastructure

Politics

6 d. ago Tim Walz floats deploying National Guard to Minneapolis after ICE shooting in blistering message to Trump: Live updates

A woman was shot and killed by Immigration and Customs Enforcement agents in Minneapolis on Wednesday.

Politics

6 d. ago Trump says administration will ban big investors from buying single

Median sale price was at $410,800 last year, according to the Census Bureau, even as Trump campaigned on affordabilityDonald Trump said his administration is moving to ban large institutional investors from buying single-family homes in a bid to reduce home prices.In a post on Truth Social, his social media platform, the US president said he will be asking Congress to codify the measure and will be discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum. Continue reading...

Economics

6 d. ago Marinera ship tracker live: US seizes two tankers as Trump reserves right to use military force to protect Venezuela oil contractors

US military confirms second Venezuela-linked vessel intercepted in international waters

Events

6 d. ago Marco Rubio says he will meet Danish officials to discuss Greenland next week

Remarks by US secretary of state come after Greenland and Denmark request urgent meeting over Trump threatsEurope live – latest updatesThe US secretary of state, Marco Rubio, says he plans to meet Danish officials next week to discuss Greenland, amid an escalating crisis within Nato over Donald Trump’s threats to take over the Arctic territory.An urgent meeting had been requested by the foreign ministers of Greenland and Denmark, which has said that any invasion or seizure of the territory by its Nato ally would mark the end of the western military alliance and “post-second world war security”. Continue reading...

Politics

6 d. ago What are Trump’s real options for gaining control of Greenland?

The White House has said using the US military is always an option, but few analysts believe it a likely oneEurope live – latest updatesThe Trump administration has said repeatedly that the US needs to gain control of Greenland, a strategically-located, mineral-rich, largely self-governing part of Denmark with foreign and security policy run from Copenhagen.The White House has said using the US military is “always an option”, but few analysts believe an armed operation is likely and France’s foreign minister has said the US secretary of state, Marco Rubio, has ruled out the possibility of an invasion. Continue reading...

Politics