9 h. ago London stocks rise as investors assess corporate earnings, US inflation data

London stocks rise as investors assess corporate earnings, US inflation data  Reuters

Economics

12 h. ago US inflation rises in August as companies push Trump tariffs cost onto consumers

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest ratesInflation rose slightly in August as companies continued to push the cost of tariffs onto consumers.The newest update to the consumer price index (CPI), which measures a basket of goods and services, showed that prices increased 2.9% over the last year – the highest since January. Core CPI, which excludes energy and food costs, stayed stable at 3.1% after going up in July. Continue reading...

Economics

12 h. ago US inflation rises in August as firms pass Trump tariffs cost on to consumers

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest ratesInflation rose slightly in August as companies continued to push the cost of tariffs on to consumers.The newest update to the consumer price index (CPI), which measures a basket of goods and services, showed that prices increased 2.9% over the last year – the highest since January. Core CPI, which excludes energy and food costs, stayed stable at 3.1% after going up in July. Continue reading...

Economics

15 h. ago London stocks rise as investors assess corporate earnings, await US inflation data By Reuters

London stocks rise as investors assess corporate earnings, await US inflation data By Reuters  Investing.com

Economics

15 h. ago London stocks rise as investors assess corporate earnings, await US inflation data

London stocks rise as investors assess corporate earnings, await US inflation data  Reuters

Economics

19 h. ago Trump tariffs ‘clearly hitting‘ as US inflation rises to 2.9%; ECB leaves interest rates on hold – business live

Trump tariffs ‘clearly hitting‘ as US inflation rises to 2.9%; ECB leaves interest rates on hold – business live  The Guardian

Economics

19 h. ago US economic picture weakens as jobless claims and inflation both rise – business live

US economic picture weakens as jobless claims and inflation both rise – business live  The Guardian

Economics

19 h. ago US economic picture weakens as jobless claims and inflation both rise – as it happened

US economic picture weakens as jobless claims and inflation both rise – as it happened  The Guardian

Economics

24 h. ago Mexico's new tariffs on Asian imports aim to counter US trade pressures

Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%, as the country tries to shore up domestic production and pass on some of the Trump administration’s tariff pain

Events

51 h. ago Eric Trump booted from cryptocurrency board after company talks with stock regulators

Fintech firm Alt5 Sigma announced in August that President Donald Trump’s son Eric was joining its board of directors

Politics

59 h. ago Classic American farm brand John Deere is seeing prices rise and profits drop – and Trump’s tariffs are making things worse

Tractor company has said it expects tariffs to cost the company $600 million by the end of the year

Economics

3 d. ago Volkswagen ‘nearing US trade deal’ as it says Trump tariffs have cost it billions

Carmaker’s CEO says Porsche is being squeezed by ‘sandwich’ of tariffs and weak Chinese marketBusiness live – latest updatesVolkswagen is closing in on a tariff deal with the US, the boss of the German carmaker has said, as it eyes up the market for affordable electric cars in Europe.Europe’s biggest car manufacturer, which also owns the Audi, Seat and Porsche brands, has been hit hard by Donald Trump’s trade tariffs, announced in April. The levies, combined with a turbulent market, have already cost “several billions”, the chief executive, Oliver Blume, said. Continue reading...

Economics

5 d. ago Postal traffic into US plunges by more than 80% after Trump ends exemption

Dozens of operators have suspended service to the US until a solution is implemented on parcels worth $800 or lessPostal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday.The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world calculate and collect duties, or taxes, after the US eliminated the so-called “de minimis exemption” for lower-value parcels. Continue reading...

Politics

5 d. ago Postal traffic to US sank 80% after Trump administration ended exemption on low

The U.N. postal agency says postal traffic into the United States plunged by more than 80% after a Trump administration move to end a tariff exemption for low-cost imports

Politics

1 week ago Taxi fares set to rise across West Lothian in time for Christmas

The largest proposed rise of 9.5%, could see the cost of a Tariff 3 journey of 10 miles rise by more than £4 over the Christmas and New Year holidays.

Economics

1 week ago Parents in England to pay more for school lunches as caterers blame rising costs

As a new academic year begins providers say national insurance rises and food price inflation has forced up pricesParents across England are facing higher prices for school lunches as the new school year begins, with caterers blaming the government’s national insurance increase alongside rising food and energy costs.Lunch providers say increases in staffing costs, including employer national insurance contributions announced by the chancellor last year, have added “significant extra pressure” to their budgets. Continue reading...

Economics

2 w. ago How a bizarre summer air fare decision led to the UK’s inflation surge

Exclusive: Office for National Statistics compared term-time flight prices in 2024 with peak summer tickets this year

Economics

2 w. ago Public transport in London should be free, campaigners say as fares set to rise above inflation

The capital’s Tube network is considered the most expensive of any major global city, with fares set to rise above inflation until 2030

Economics

2 w. ago Six ways to make your food shop cheaper as inflation rises 'to its highest in 18 months'

With inflation in the UK at its highest level in 18 months, households will undoubtedly be looking for as many ways to save on the weekly food shop as possible.

Economics

2 w. ago PIP payments could rise to almost £800 a month under DWP inflation lock

The Department for Work and Pensions has confirmed that PIP will be uprated

Economics