The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal Reserve’s target, underscoring the difficult balancing act facing policymakers after they …
Business
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Business
A new media ecosystem is taking root on the left, reshaping Democratic politics
by adminby adminFarah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that coverage of the war in …
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To hold or to hike? Why this week’s Fed interest rate decision is difficult to call
by adminby adminThe US Federal Reserve heads into its July policy meeting facing a difficult interest rate decision. Renewed geopolitical tensions, strong AI-driven investment and new tariffs are adding to uncertainty. These …
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U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties
by adminby adminA major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised …
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President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact …
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“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.” That line from the Federal Reserve’s June meeting …
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Business
Explained: Trump’s new tariffs on 60 trading partners after Supreme Court setback
by adminby adminThe United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking …
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Business
From pubs to power bills: Burnham pushes cost-of-living relief amid funding questions
by adminby adminNewly appointed UK Prime Minister Andy Burnham has begun rolling out the first wave of his economic agenda, announcing a series of measures aimed at easing cost-of-living pressures for households …
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UK inflation cooled more than expected in June, offering households and the Bank of England a welcome pause before renewed energy pressure begins feeding through to prices. The consumer price …
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The United Kingdom’s ILO Unemployment Rate remained unchanged at 4.9% in the three months to May, according to data published by the Office for National Statistics (ONS) on Tuesday. The …