7 h. ago US inflation rose in June as Trump’s tariffs start to show in prices

Inflation remains far below the peaks seen three years ago, when price increases reached as high as 9%Inflation accelerated in June as the impacts of Donald Trump’s tariffs slowly started to show in US prices.Business leaders have said for months that the high, volatile rates of Trump’s tariffs will force companies to raise consumer prices. Prices remained stable in the spring, particularly as many of Trump’s highest tariffs were paused; however, they started increasing in May and have continued to rise in June. Continue reading...

Economics

10 h. ago US inflation accelerated last month to highest level since February

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures

Economics

7 d. ago Tyson Fury has already told Daniel Dubois how to beat Oleksandr Usyk

Dubois will be looking to level the series later this month when he faces Usyk for a second time after losing the initial encounter back in 2023

Politics

2 w. ago Soaring food costs drive shop prices higher for first time this year

Overall shop prices are rising for the first time in almost a year after food price inflation accelerated last month, the new figures suggest.

Economics

3 w. ago Ukraine war briefing: Russia ‘on verge of recession’, Putin minister tells economic showcase

Drone attacks on Kharkiv and Odesa; don’t forget about Ukraine because of Iran-Israel fighting, say Kyiv officials. What we know on day 1,213 Vladimir Putin’s economy minister has warned that Russia is “on the verge” of recession as he spoke on the second day of a signature event meant to bolster economic confidence. The minister, Maxim Reshetnikov, said at the St Petersburg economic forum that his view was based on “current business sentiment and indicators” pointing to a slowdown. “Everything else depends on our decisions,” Reshetnikov said, calling for the central bank to show a “little love for the economy”.Russia’s central bank raised interest rates to an eye-watering 21% in October 2024 to combat inflation and kept them at that level until this month when it eased them to 20%. Russia’s economic growth slowed to 1.4% year-on-year in the first quarter of 2025, the lowest quarterly figure in two years. Prices are rising across the economy driven up by massive government spending ...

Politics

3 w. ago Covid alert: Catchy Nimbus variant DOUBLES in just one month, as total infections reach highest level this year

A highly contagious Covid variant is on the rise in the UK, with official data suggesting rates have doubled in a month.

Events

3 w. ago Covid Nimbus variant cases double in one month as infections hit highest level

Nimbus, a highly contagious Covid variant, is on the rise in the UK with official UKHSA data suggesting infections have doubled in the space of just one month

Events

3 w. ago Examples of where inflation jumped in May – and where it eased

Inflation has accelerated sharply for computer software, up from 8.2% in April to 16.3% in May.

Economics