45 m. ago Federal Reserve warns of rising economic risks as it holds rates steady

Policymakers say inflation and unemployment could increase as Donald Trump’s tariffs heighten uncertainty

Events

86 m. ago Vance calls US and Europe ‘real friends’ but says Trump wants self

Vice-president also jokes about his confrontational speech at Munich security conference, telling interviewer US and Europe ‘got a little bit off track’Biden accuses Trump of ‘modern-day appeasement’ towards RussiaBritain is in “active discussions” with US officials over the extraordinary 100% tariff on all movies produced outside the US proposed by Donald Trump, as it tries to protect one of its biggest creative industries.“We are already in active discussions with the top of the US administration on this subject. We are working hard to establish what might be proposed, if anything, and to make sure our world-beating creative industries are protected,” creative industries minister Chris Bryant told parliament. Continue reading...

Politics

95 m. ago Federal Reserve holds rates steady as it warns of rising economic risks

Policymakers say inflation and unemployment could rise as Donald Trump’s tariffs heighten uncertainty

Events

2 h. ago Tech giants beat quarterly expectations as Trump’s tariffs hit the sector

What’s new in AI – from effects on job market to Meta’s new app and ChatGPT changes – and a look at Musk’s first termHello, and welcome to TechScape. I’m your host, Blake Montgomery, and this week in tech news: Trump’s tariffs hit tech companies that move physical goods more than their digital-only counterparts. Two stories about AI’s effect on the labor market paint a murky picture. Meta released a standalone AI app, a product it claims already has a billion users through enforced omnipresence. OpenAI dialed back an obsequious version of ChatGPT. And we look back at Elon Musk’s first term. Continue reading...

Politics

3 h. ago Donald Trump warned he'll lose a scrap with James Bond and Bridget Jones in tariffs row

Donald Trump has threatened 100% tariffs on films made outside America, sparking a furious row with the UK's film industry but Sir Keir Starmer has been told to stand up for Brit moviemakers

Events

6 h. ago BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July

The German carmaker has reported that its first-quarter profits for 2025 have fallen by 25%The boss of BMW has predicted that Donald Trump’s import tariffs on foreign cars will be lowered this summer, as the German carmaker reportedprofits for the first quarter had tumbled by a quarter.Oliver Zipse, BMW’s chief executive, said he expects that Trump’s 25% tariffs on the import of foreign cars will be dropped by July. Continue reading...

Politics

7 h. ago UK 'in active discussions' with top Donald Trump aides over threat of film industry tariffs

Labour minister Chris Bryant told MPs: "We are working hard to establish what is being proposed - if anything - and to make sure our world-beating creative industries are protected"

Politics

8 h. ago BMW chief expects lower tariffs as trade war expected to hit profits

Many of BMW's rivals, including Mercedes-Benz MBGn.DE, Ford F.N and Stellantis STLAM.MI, have pulled their 2025 forecasts

Events

9 h. ago Could an obscure US law save the UK film industry from Donald Trump's tariffs? Long

The US President has announced plans to impose a 100 per cent tariff on movies made outside America.

Politics

12 h. ago US trade deal 'set to be signed this week' as Starmer scrambles to ease Trump's tariffs on cars and steel before his Brexit 'reset'

Negotiators appear to be closing in on a package that could reduce the impact of the president's eye-watering 25 per cent levies on car and steep imports.

Economics

15 h. ago China chides US over ‘serious negative impact’ of Trump tariffs as trade talks set to begin

China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent in Switzerland between 9 and 12 MayChina has vowed to “safeguard international fairness and justice” in upcoming talks with the United States in Switzerland, the first meeting between the two countries to discuss trade war that has roiled the global economy since US president Donald Trump unveiled sweeping tariffs last month.China’s vice-premier He Lifeng will meet US treasury secretary Scott Bessent on the sidelines of meetings in Switzerland between 9 and 12 May. US trade representative Jamieson Greer will also attend. Continue reading...

Politics

22 h. ago Trump live: Carney reiterated Canada ‘is not for sale’ during ‘constructive discussion’ with president

Canadian prime minister’s Oval Office test comes a week after being elected on an anti-Trump platform

Politics

23 h. ago Donald Trump’s latest tariffs will be devastating for the British film industry and beyond

Editorial: It will – if it can ever be made workable – do grievous damage to the economies of America’s allies and to the US entertainment sector. It will not ‘make Hollywood great again’ but lay waste to the thriving and symbiotic film sectors in other nations

Politics

23 h. ago UK's FTSE 100 flat as investors assess Trump's latest tariffs ahead of Fed

UK's FTSE 100 flat as investors assess Trump's latest tariffs ahead of Fed  Reuters

Economics

24 h. ago How stunned Netflix and Hollywood execs privately reacted to Trump's 'Make Movies Great Again' policy behind the scenes

A studio executive told Status the situation was still 'fluid and evolving' on Tuesday, after the industry was sent in a tailspin the day before.

Culture

26 h. ago Trump says nothing Carney says will stop tariffs after PM insists Canada ‘will never be for sale’ – live

Trump claims he wants ‘friendship’ between US and Canada as new PM visits White HouseA group of US senators wants Congress’ watchdog agency to investigate whether controls on humanitarian aid deliveries by Israel and other foreign governments violate US law, according to a letter seen by Reuters.The six senators – Chris Van Hollen, Dick Durbin, Jeff Merkley, Bernie Sanders, Elizabeth Warren and Peter Welch – wrote to Gene Dodaro, the comptroller general, asking him to launch an investigation by the nonpartisan Government Accountability Office into the US government’s implementation of laws regarding the delivery of humanitarian assistance. Continue reading...

Politics

26 h. ago Trump makes stunning '51st state' call in front of Canada's new PM Mark Carney: Live updates

It come as the relationship between the U.S. and its neighbor has been undermined by the president's tariffs and talk of annexing Canada as the '51st state.'

Politics

26 h. ago US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest — and most sweeping — tariffs taking effect

Politics

26 h. ago Trump refuses to rule out 51st state idea as Canadian prime minister says country ‘won’t be for sale ever’: Live

Canadian prime minister’s Oval Office test comes a week after being elected on an anti-Trump platform

Politics

27 h. ago Carney says Canada ‘will never be for sale’ and Trump responds ‘never say never’ – live

Trump claims he wants ‘friendship’ between US and Canada as new PM visits White HouseTrump and Carney to meet in closely-watched encounterA group of US senators wants Congress’ watchdog agency to investigate whether controls on humanitarian aid deliveries by Israel and other foreign governments violate US law, according to a letter seen by Reuters.The six senators – Chris Van Hollen, Dick Durbin, Jeff Merkley, Bernie Sanders, Elizabeth Warren and Peter Welch – wrote to Gene Dodaro, the comptroller general, asking him to launch an investigation by the nonpartisan Government Accountability Office into the US government’s implementation of laws regarding the delivery of humanitarian assistance. Continue reading...

Politics