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Bank’s chair pledges to keep up fight against inflation but decision brings fears the Fed is failing to keep paceUS government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key interest rate steady,…
Bank’s chair pledges to keep up fight against inflation but decision brings fears the Fed is failing to keep paceUS government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key interest rate steady,…
Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up againThe US Federal Reserve held interest rates steady on Wednesday in a divided vote, indicating growing pressure on the central bank to address he…
US president faced criticism from Democrats after tariffs of between 10% and 12.5% imposed on more than 80 countriesUS politics live – latest updatesDonald Trump has been accused of using forced labor as “a pretext” to impose a fresh wave of tariffs on…
This liveblog is now closed. Read the full story here.Sign up for the US Breaking News emailRepresenatives Ilhan Omar and Pramila Jayapal, will visit the Whipple Federal Building in Minneapolis today to conduct a congressional oversight visit.The Democ…
The new tariffs will replace a 10% global duty set to expire on Friday, and comes as after the US supreme court declared many of the earlier levies were illegalDonald Trump has imposed a fresh round of sweeping tariffs on more than 80 countries to repl…
Exclusive: Ro Khanna says ‘reindustrialization’ effort would provide grants, loans and investments to smaller businessesDemocrats in the US Congress have laid out plans for what they say would be the “boldest” bid to revitalize the country’s industrial…
Jamieson Greer denies tariffs have pushed up prices during grilling from lawmakers over cost-of-living concernsDonald Trump’s chief trade official denied the president’s sweeping tariffs have increased prices for US families, as lawmakers challenged hi…
Mark Carney says Canada is ‘united’ in face of threats as leaders agree to talk before tariffs take effect next monthSign up for the Breaking News US newsletter emailDonald Trump has defended his new 50% tariffs on most Canadian goods, claiming the cou…
Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy productsDonald Trump is imposing 50% tariffs on most Canadian goods in response to the country retaliating against previous US tariffs, the White Ho…