The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.

Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on three of the US’s largest trading partners.

Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.

Some of the impact will be offset by the weaker Mexican peso and Canadian dollar, but Trump at least nodded to the inflationary risks by putting in place a lower 10 per cent tariff on energy resources ...

Federal Reserve officials are closely watching the levies, given the expectation that such policies could lead to higher ...

Nearly half of Americans (45 percent) said they have applied for a loan or financial product in the past 12 months since ...

When thinking through the negative impacts of these tariffs on the US, the first cause for alarm is oil.

Investors are bracing for a looming hit to US corporate profits and pressure on inflation after US President Donald Trump on ...

In response to rising inflation, the federal government has authorized stimulus payments to residents in select U.S. cities and states. Discover who qualifies for these payments in February and how ...

The White House said Trump's tariff order also includes a mechanism to escalate the rates if the countries retaliate against the U.S., as they have threatened.

Despite a significant 10% reduction in interest rates by Pakistan's central bank, the country's economic growth remained ...

The price for Gold stood at 401.22 Malaysian Ringgits (MYR) per gram, down compared with the MYR 404.32 it cost on Friday.