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UK inflation climbs for first time in five months The UK's annual inflation rate increased to 3.4% in December, exceeding forecasts and marking its first rise since July, driven by higher tobacco...
Voters weigh in on economic changes under Trump One year after Donald Trump's return to the White House, Americans across the political spectrum share their experiences with inflation, job market...
Global economy shows resilience but faces downside risks, IMF says The International Monetary Fund (IMF) has cautioned that a potential reversal in the artificial intelligence (AI) boom and escal...
Latino voters shift away from Trump after economic promises fall short One year into Donald Trump's second term, his once-record support among Latino voters has declined sharply, with new polling...
Trump's pressure on Federal Reserve revives fears of politicized central banks Former Argentine central bank chief Martin Redrado sees unsettling parallels between Donald Trump's attacks on the U...
Families face utility shut-offs as costs surge Kristy Hallowell spent six months last year powering her New York home with a generator after her monthly energy bill tripled to $1,800, leaving her...
Trump reaffirms tariffs as cornerstone of economic policy In a pre-Christmas national address, U.S. President Donald Trump reiterated his commitment to tariffs, calling them a driver of job creat...
US reduces tariffs on Italian pasta imports The Trump administration has significantly lowered proposed tariffs on pasta from 13 Italian producers, avoiding a potential price surge for American c...
Unrest spreads across Iran as economic discontent grows Demonstrations over soaring inflation and the plummeting rial have entered a third day, reaching multiple cities beyond the capital, Tehran...
US GDP surges to two-year high The United States economy expanded at an annual rate of 4.3% between July and September, outpacing forecasts and marking the strongest quarterly growth in two years...
Bank of Japan hikes benchmark rate to 0.75% The Bank of Japan (BOJ) increased its main interest rate by a quarter percentage point on Friday, bringing it to approximately 0.75%-the highest level...
UK unemployment rate hits four-year high The United Kingdom's jobless rate rose to 5.1% in the August-to-October period, up from 4.3% a year earlier, according to official figures released on Tue...
UK economy shrinks as Budget looms The United Kingdom's economy unexpectedly shrank by 0.1% in October, according to official data released on Friday, deepening concerns about sluggish growth as...
Fed trims rates for third time in 2025 The US Federal Reserve lowered its benchmark lending rate by a quarter point on Wednesday, setting the target range at 3.50 %-3.75 %, the lowest in three ye...
Budget policies expected to ease inflation pressures The UK's inflation rate could drop by as much as half a percentage point next year due to fiscal measures introduced in Chancellor Rachel Reev...
Trump touts economic progress at Pennsylvania rally Former President Donald Trump told supporters in Pennsylvania that consumer costs are dropping "tremendously," aiming to ease concerns about af...
Gaza's cash crisis fuels banknote repair trade amid economic collapse In the war-torn streets of Gaza City, Baraa Abu al-Aoun meticulously restores a frayed 100-shekel note ($30.50) with pencils...
US holiday hiring slumps to lowest level since 2008 as retailers cut back For the first time in over a decade, Nicholas Strahl, a 41-year-old part-time retail worker near Indianapolis, is struggl...
Tennessee's high-stakes special election draws national attention A 2 December special election in Tennessee to fill a vacant congressional seat has emerged as an unexpected battleground, wit...
UK businesses brace for Chancellor Reeves' Budget amid tax and growth concerns British business leaders are approaching Chancellor Rachel Reeves' second Budget with caution, still grappling with...
Peckham's Poundland closure highlights wider struggles for UK discount retailers Residents of Peckham, south London, lost their local Poundland this week after 11 years, as the discount chain acc...
US market rally fades despite strong Nvidia, Walmart results as AI bubble fears persist A wave of positive US corporate earnings-including record sales at AI chipmaker Nvidia and retail giant Wal...
US job growth rebounds in September, but unemployment edges higher US employers added **119,000 jobs** in September-more than double analysts' forecasts-yet the unemployment rate rose slightly to...
UK inflation slows to 3.6% in October, yet food costs resume upward trend The UK's annual inflation rate declined to 3.6% in October, down from 3.8% in September, marking the slowest price growth...
Trump administration rolls back tariffs on key food imports amid affordability concerns The Trump administration last week eliminated tariffs on more than 200 products, including bananas, coffee,...
Trump Exempts Key Food Imports from Tariffs Amid Rising Costs President Donald Trump signed an executive order Friday exempting over 100 food products-including coffee, bananas, beef, avocados, a...
UK economic growth slows to 0.1% in Q3, missing forecasts The UK economy expanded by just 0.1% in the third quarter, falling short of analysts' 0.2% projection and marking a sharp deceleration fr...
US halts penny production after 230 years The Philadelphia Mint will strike its final batch of one-cent coins on Wednesday, marking the end of over two centuries of production since the penny's d...
Trump proposes $2,000 rebates and 50-year mortgages amid economic backlash Facing mounting public dissatisfaction over economic policies, US President Donald Trump has unveiled a series of propos...
Trump Demands Justice Department Investigation Into Meat-Packing Firms U.S. President Donald Trump directed the Justice Department on Friday to investigate potential antitrust violations by meat-...
Democrats notch key victories in New York, Virginia, and New Jersey A year after losing the White House and both chambers of Congress, Democrats secured three pivotal off-year election wins this...
One year in: Trump's inflation promises face mixed results One year after President Donald Trump's reelection-campaigning on a vow to "immediately bring prices down, starting on Day One"-official...
Yum! Brands explores Pizza Hut sale as US struggles persist Yum! Brands is evaluating a potential sale of its Pizza Hut division, the company announced Tuesday, as the pizza chain grapples with d...
UK Chancellor hints at tax increases in pre-Budget address Chancellor Rachel Reeves warned of "necessary choices" in the forthcoming Budget, strongly implying tax rises despite Labour's election...
Kimberly-Clark announces $40bn acquisition of Kenvue amid market pressures Kimberly-Clark, the manufacturer of household staples like Kleenex and Huggies, has agreed to acquire Kenvue-the maker o...
US Penny Shortage Forces Stores to Round Prices as Supply Dwindles American businesses are struggling with a severe penny shortage after the Trump administration halted production earlier this ye...
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