11 h. ago Ice dam at Alaska’s Mendenhall Glacier releases floodwater toward downstream homes

A huge basin of rainwater and snowmelt dammed by Alaska’s Mendenhall Glacier has started to release, sending a potentially record surge of flooding toward parts of Juneau in what has become an annual concern for residents

Events

15 h. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kicking in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

16 h. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kick in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

16 h. ago Jobless benefits claimants up by a million since Labour came to power: Record 8million are on Universal Credit

New figures, published by the Department for Work and Pensions, showed the number of people claiming Universal Credit hit 8 million last month.

Politics

16 h. ago Jobless benefits claimants up by a million since Labour came to power: Record 8million are signed off work

There were 6.9 million people on Universal Credit in July 2024 compared to the 8 million claiming the benefit last month.

Economics

17 h. ago Number of people claiming Universal Credit surges to record high of 8 million

There were 6.9 million people on Universal Credit in July 2024 compared to the 8 million claiming the benefit last month.

Politics

44 h. ago Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

Trump’s trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputterThe ever-bombastic Donald Trump has boasted repeatedly of his trade victories, while White House news releases trumpet his “historic trade wins”. The Wall Street Journal echoed Trump’s triumphalism with a headline saying, “Trump is Winning His Trade War”, and last week the New York Times used the exact same words in a headline. That must have been music to the president’s ears.Forgive me for being a spoilsport, but I don’t see where the victory is or how Trump is winning. I keep reading how Trump’s trade war and tariff machinations have pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter.Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading...

Politics

4 d. ago Gold futures jump to record high after US tariffs on cast bars

Imposition of 39% import rate described as ‘another blow’ to Switzerland’s world-leading refining industryThe price of gold futures have soared to a record high after it emerged that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

4 d. ago Gold futures soar to record high after reports of US tariffs on Swiss bars

Imposition of 39% export rate described as ‘another blow’ to Switzerland’s world leading refining industryThe price of gold futures have soared to a record high after it was reported that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

4 d. ago US gold futures hit record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics

4 d. ago US gold futures surge to record high after Trump tariff blindsides global market

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Politics

5 d. ago Trump’s tariffs are now in place. Alcohol, a cup of joe, and Toyotas are about to cost a whole lot more

Trump’s tariff rates are the highest the US has seen since the Great Depression

Politics

5 d. ago More than 60 countries scramble to respond to Trump’s latest tariffs

Industry representatives warn of job losses and say decision could be ‘nail in the coffin’ for those exporting to the USSee the full list of Trump tariff ratesMore than 60 countries around the world are scrambling to respond to the latest wave of US tariffs announced by Donald Trump which came into force on Thursday.Industry representatives in rich and poor countries warned of job losses as the tariffs upended a decades-old world trading system with rates ranging from 10% to 39%, 40% and 41% for Switzerland, Brazil and Syria. Continue reading...

Politics

5 d. ago Trump's planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump's plan for 100% tariffs on non-U.S. computer chips is causing confusion among businesses and trading partners

Politics

5 d. ago Are Trump’s tariffs pushing rivals India and China closer together?

Trump’s targeting of India with hefty tariffs and closer ties with Pakistan could cost him a powerful ally in the Asia-Pacific region, reports Alisha Rahaman Sarkar

Politics

5 d. ago Cost of electronics expected to rise as Trump announces 100% tariff on computer chips

Donald Trump has said he will impose a 100% tariff on computer chips, likely resulting in the costs of electronic goods and household appliances rising.

Politics

6 d. ago New US tariffs cloud outlook for exporters in Asia and beyond

President Donald Trump's new tariff rates on U.S. imports from dozens of countries have taken effect, the latest chapter in his effort to reshape global trade

Politics

6 d. ago Samsung to produce image sensors for Apple’s iPhone in Texas

Deal suggests South Korean company’s US investments are paying off as Trump dials up his tariff policies

Technology

6 d. ago Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ levies were in place as of a minute past midnight Washington time on ThursdaySee the full list of Trump tariff ratesDozens of countries face higher taxes on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs have come into force.The sweeping “reciprocal” levies announced by the White House a week ago – just before a previous 1 August deadline was due to elapse – were in place as of a minute past midnight Washington time on Thursday. Continue reading...

Politics

6 d. ago Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ rates were in place as of a minute past midnight Washington time on ThursdaySee the full list of Trump tariff ratesBusiness live – latest updatesDozens of countries face higher levies on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs has come into force.The sweeping “reciprocal” rates announced by the White House a week ago – just before a previous 1 August deadline was due to elapse – were in place as of a minute past midnight Washington time on Thursday. Continue reading...

Politics