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Hours before the decision, the president called the Fed’s chair, Jerome Powell, ‘stupid’ for anticipated rate holdThe US Federal Reserve kept interest rates on hold, but signaled it might make two cuts this year, as Donald Trump continues to break with…
Exclusive: poll shows 62% of women and 47% of men across political spectrum say economy and inflation getting worseWomen across the political spectrum are more concerned about the state of the US economy and inflation under Donald Trump than men are, a…
Investors turn away from weakening US economy and erratic policy after Trump repeats tariff threatsThe dollar sank to its lowest level in more than three years on Thursday and the FTSE 100 closed at a record high as Donald Trump’s latest trade threats …
May’s jobs report was dragged down by loss of 22,000 federal workers’ jobs as Doge cut positionsThe US economy added 139,000 jobs in May, a slowdown compared with recent months as American businesses cope with uncertainty around Donald Trump’s continui…
The Congressional Budget Office warns Trump’s ‘one big, beautiful bill’ will leave 10.9 million uninsured by 2034Donald Trump’s signature tax bill would blow a $2.4tn hole to America’s national debt over the next decade, according to a congressional bu…
Time and time again over the past four months, reality has failed to match Trump’s rhetoric“Tariffs are easy,” Donald Trump claimed in March. For his administration, and the world, they have proven anything but. Now an obscure New York court has blocke…
President tells Pennsylvania rally tariffs will aid workers but questions raised over nature of Nippon Steel investmentDonald Trump announced on Friday he was doubling foreign tariffs on steel imports to 50%, as he celebrated a “blockbuster” agreement …
Tesla boss says US president’s One Beautiful Bill Act ‘undermines’ his Doge cost-cutting effortsDonald Trump said he will be negotiating his signature tax bill after Elon Musk publicly criticised the president’s spending plan, saying it “undermines” co…
Wall Street up in early trading after US president commends bloc for calling to ‘quickly establish meeting dates’Donald Trump has indicated there has been progress in US trade talks with the EU, helping send share prices rising on Wall Street, after he…
Bill will make permanent huge tax cuts to the wealthy and cost the government $4.6tn over the next 10 yearsRepublicans in Congress are trying to pass a new tax and spending bill that may end up being a “big, beautiful bill” – but mostly for wealthy Ame…