The UK’s job market has continued to weaken with the number of workers on payrolls falling in the first few months of the year and job vacancies declining again. Analysts said the latest figures from the Office for National Statistics…
Browsing: Economy
The world’s two superpowers have reached an accord on their bruising trade war—for 90 days, at least. On Monday, the U.S. and Chinese governments announced they had agreed to slash reciprocal tariffs for 90 days as they continue to hammer out details…
For weeks, wealthy individuals have been scooping up the Trump family’s cryptocurrency in hopes of amassing enough to qualify for one of 220 seats at a dinner with President Donald Trump himself. In the words of Trump’s own website: “The…
Pope Leo XIV, the newly elected pontiff, must answer to at least one more higher power: the IRS. The United States generally requires all citizens to file an annual tax return, even those who live out of the country. But…
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong demand for hybrid vehicles. The world’s…
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain to 4.25%. It is…
President Donald Trump on Thursday announced a new trade pact with the United Kingdom that he touted as likely just the first of many agreements with countries around the world, as the administration races to mitigate the damage from its…
More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced the idea of waiting to see how President Trump’s policies would ripple through the economy before taking any…
Beneath the grand chandeliers of the International Ballroom at the Beverly Hilton Hotel, at rooftop bars and at private parties at billionaires’ mansions, there was a mix of emotions among the financial titans gathered in Los Angeles this week. Many…
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course by a global economy lurching from one crisis to another. On Thursday, British officials secured a win. They…
