Economy

Federal Reserve Vice Chair Philip Jefferson said the U.S. economy remains strong, but warned that trade policy could cloud the outlook.

The UK government claims its goal to decarbonize the whole economy will lower the cost of electricity and lower bills.

New migration rules aim to cut foreign labour, but experts warn the UK lacks the workforce to fill key gaps.

The report indicated that only 9 percent of America’s homes were built in the 2010s, the lowest share of any decade since the 1940s.

A group of small businesses challenged the president’s use of the International Emergency Economic Powers Act.

Receipts from U.S. levies are expected to slow after the latest trade developments.

The NFIB’s small business survey shows elevated uncertainty over taxes, labor quality, and trade despite easing inflation.

Analysts say U.S. skepticism toward communist China stems from Beijing’s history of promising reforms but failing to deliver on them.

The latest change to de minimis duty rates resulted from the agreement between the United States and China to temporarily pause their trade measures.

Shelter and energy account for much of the monthly consumer price index increase.

‘The bigger retailers have sophisticated supply chains and long-term relationships with suppliers everywhere,’ said Simon Property CEO David Simon.

Washington and Beijing reached a temporary deal that rolled back many of the moves the countries have made against each other since April 2.

‘I think they want the deal very badly,’ Trump said.

Stocks, crude oil, and Treasury yields pop on temporary tariff cuts.

More than 300 quango executives earn more than the prime minister, with the Channel 4 CEO topping the list at £993,000.

Markets around the world reacted positively to the announcement, with the U.S. dollar strengthening and the yield on U.S. Treasurys rising.

Vermont saw the largest mortgage debt increase in 2024.

Beijing is wary that the Trump administration will use tariffs, to erode the communist regime’s power in Africa.