33 h. ago Trump rebrands Covid health website to promote ‘lab leak’ theory

The new site features a photo of President Donald Trump walking between the words “lab” and “leak” under a White House heading

Politics

4 d. 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

4 d. ago Trump has put Christian nationalists in key roles – say a prayer for free speech

Experts warn that a specific brand of Christianity will be prioritized and lead to a ‘further dismantling’ of institutionsThe Trump administration’s promotion of white Christian nationalists and prosperity gospel preachers to key government roles will lead to the “further dismantling of government institutions” and the chilling of free speech, experts have warned.Donald Trump announced the creation of an “anti-Christian bias” taskforce and a White House Faith Office (WHFO) in February, saying it would make recommendations to him “regarding changes to policies, programs, and practices” and consult with outside experts in “combatting anti-Semitic, anti-Christian, and additional forms of anti-religious bias”. Continue reading...

Politics

5 d. 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

5 d. 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

6 d. ago US tariffs risk recession and Scotland must be ready to deal with it – Swinney

Despite the potential upheaval ahead, the First Minister said ‘the time is right’ for Scottish independence.

Economics

6 d. ago Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on ChinaPeople in the US: tell us how you think Trump’s first 100 days have gone so farBillionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies.Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said: “I think that right now we are at a decision-making point and very close to a recession. And I’m worried about something worse than a recession if this isn’t handled well.” Continue reading...

Economics

6 d. ago Billionaire hedge fund leader warns US facing something ‘worse than a recession’

US ‘very close’ to a recession after weeks of Trump tariff instability, warns Ray Dalio

Events

8 d. ago The ‘new world order’ of the past 35 years is being demolished before our eyes. This is how we must proceed | Gordon Brown

We have seen the conflict and tragedy that can follow when an old era collapses. Countries that believe in multilateralism must come together nowThis is the second in a two-part series on the global response to Donald Trump’s tariffs Read part one: Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent itAfter a week that started with the worst financial volatility in recent history and ended with the most serious escalation so far of the China-US conflict, it is time to distinguish the tectonic shifts from the tremors. If nothing changes, the 2020s risks being remembered as this century’s devil’s decade – the term historians once used for the 1930s. It will be defined not just by seven million people who have died of Covid-19 and rising global poverty and inequality – but also by a dismembered Ukraine, a burnt-out Gaza and little-reported atrocities in Africa and Asia, each testimony to the violent displacement of a rules-based global or...

Politics

8 d. ago Trump insists tariff war is ‘doing really well’ as recession fears mount

S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulenceDonald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.As the US president said his aggressive tariffs strategy was “moving along quickly”, a closely watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high. Continue reading...

Politics

8 d. ago White House says there is ‘great optimism’ in the economy despite ongoing market volatility – business live

Markets pick up slightly after earlier falls amid increasing fears of recession while White House insists Trump’s tariffs are ‘proven economic formula’US stocks fall again after rally following Trump’s shock retreat on tariffsWhat are bonds and why have they spooked Donald Trump?The US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid. Continue reading...

Economics

9 d. ago Keir Starmer warns the future of British Steel 'hangs in the balance' as he prepares to recall Parliament TOMORROW to avoid industry's collapse after Trump hits it with tariffs

MPs are being brought back to Westminster from the Easter recess amid intense manoeuvring in the wake of Donald Trump's tariffs.

Events

9 d. ago Parliament will be recalled TOMORROW amid signs British Steel could be nationalised to avoid industry's collapse after Trump tariffs

MPs are being brought back to Westminster from the Easter recess amid intense manoeuvring in the wake of Donald Trump's tariffs.

Politics

9 d. ago Commons will be recalled TOMORROW amid signs British Steel could be nationalised to avoid industry's collapse after Trump tariffs

MPs are being brought back to Westminster from the Easter recess amid intense manoeuvring in the wake of Donald Trump's tariffs.

Politics

9 d. ago ‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

Events

9 d. ago Will global climate action be a casualty of Trump’s tariffs?

Clean energy investors likely to pull back from US, but other countries may seize opportunity to speed transitionDonald Trump’s upending of the global economy has raised fears that climate action could emerge as a casualty of the trade war.In the week that has followed “liberation day”, economic experts have warned that the swathe of tariffs could trigger a global economic recession, with far-reaching consequences for investors – including those behind the green energy projects needed to meet climate goals. Continue reading...

Politics

1 week ago ‘The damage is done’: Why the risk of global recession remains despite Trump’s tariff pause

Even with a 90-day pause on aggressive tariff hikes, leading economists say global damage has already been done thanks to ongoing uncertainty

Events

1 week ago Trump promotes Jamie Dimon interview after JPMorgan CEO predicts tariffs will ‘likely’ cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

Economics

1 week ago Petrol to fall below 130p a litre within days as Trump tariffs cause oil price to plunge

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.

Politics

1 week ago Jamie Dimon tells Maria Bartiromo that recession is ‘likely’ and he expects defaults amid trade war

The JP Morgan Chase chairman also said that ‘sticky inflation’ will not go away anytime in the near future

Events