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President’s proposed budget slashes health department by 12% while throwing $1.5tn – a 42% increase – to the militaryAmericans are dying in droves. Deaths due to avoidable causes in the United States –which could be dealt with via prevention or proper …
Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffsSign up for the Breaking News US email to get newsletter alerts in your inboxUS inflation soared in March amid the US-Israel war with Iran, with prices …
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standardsBusiness live – latest updatesThe head of the International Monetary Fund has warned that the Iran war will permanently scar…
Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channelA plunge in the oil price, stock market rally and renewed hopes for the global economic outlook. After the announcement of a two-week ceasefire …
Analysts say doubts over stability of the ceasefire and damage to production sites mean the energy crisis is far from overMiddle East crisis – live updatesIf the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the en…
Analysis shows they are reliant on market investors such as hedge funds, which contributed $4tn last yearBusiness live – latest updatesEmerging economies are at greater risk of higher interest rates and currency shocks as a result of the Iran war becau…
Oil prices seesaw and stock markets on edge amid Donald Trump’s deadline for Iran to reopen strait of Hormuz Business live – latest updatesThe current oil and gas crisis triggered by the blockade of the strait of Hormuz is “more serious than the ones …
CBI figures showing surprise jump in financial sector’s growth will be welcome news for Rachel ReevesBritain’s financial services companies have reported a strong recovery in activity at the start of the year, in a surprise boost to the government afte…
JP Morgan boss warns of risks of higher inflation and interest rates due to Iran war in annual letter to shareholdersMiddle East crisis – live updatesThe head of the US’s largest bank has pressed the White House to strengthen Washington’s allies econom…
Employers added 178,000 new jobs in March and unemployment rate fell to 4.3%, ahead of economists’ predictionsSign up for the Breaking News US email to get newsletter alerts in your inboxThe US labor market picked up in March as employers showed signs …