UK's annual inflation rate increased to 3.5% in April, surpassing expectations. This rise, driven by energy prices and other factors, raises questions about future interest rates and economic stability.
In a surprising turn of events, House Republicans' ambitious tax and spending bill faces defeat in the Budget Committee. Conservatives demand deeper cuts, putting President Trump's agenda at risk as negotiations heat up.
Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
In a significant move, the US and UK are poised to announce a deal to lower tariffs on select goods, amid ongoing trade tensions sparked by Trump's previous levies. The agreement aims to ease economic strain and foster closer ties.
In a decisive election, Singapore's ruling People's Action Party (PAP) secured 65.6% of the vote, driven by voter concerns over economic stability and inflation. Prime Minister Lawrence Wong's leadership is seen as a beacon of safety in turbulent times.
In his first 100 days back in office, Trump risks America's economic stability with aggressive tariffs and chaotic policies. As prices soar and confidence wanes, can he deliver on his promise of an 'affordable' America?
Southwest Airlines has withdrawn its financial forecast as the trade war and economic uncertainty weigh on the travel industry. With declining bookings and shifting consumer behavior, can the airline weather the storm?
In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.
Stock futures took a hit on Thursday as investors grappled with tariff fears and prepare for a significant earnings season. With notable declines in major indices, concerns about economic stability are growing.
US stocks fell sharply following Trump's unexpected pause on tariffs, raising questions about market manipulation and economic stability. Explore the reactions and implications of this market turmoil.
