Economy

‘Consumers’ fears about the potential impact of tariffs on future inflation have softened somewhat in June,’ a survey of consumers said.

A new study warns that says global lithium supply will fall short by 2030, as Britain rushes to build its own supply chain and reduce reliance on imports.

The pace of sales slowed down ‘notably’ while incentives being offered to buyers rose last month, according to Kelley Blue Book.

The greenback’s share dips to 58 percent, while gold climbs to 2nd place with 20 percent in total reserve holdings, displacing the euro at 16 percent.

Vice President JD Vance and others have weighed in on the Fed’s decision-making.

The deal comes amid expectations of continued American LNG export growth, with three new facilities projected to expand export capacity by about 50 percent.

Companies could be absorbing tariff-driven price increases rather than passing costs on to consumers.

The new agreement with the European Union aims to remove border checks and secure trade, but critics warn of Chagos precedent.

The president says deadline flexibility is possible while warning that the United States is prepared to impose take-it-or-leave-it trade terms if talks fail.

Federal tax receipts also record double-digit increase from a year ago.

The Treasury chief says the fiscal imbalance reflects historic overspending, while touting the Trump administration’s tax and trade agenda.

Government spending plans have sparked warnings of economic strain and rising taxes.

Shelter inflation accounted for much of last month’s increase.

U.S. tariffs on Chinese goods will rise to 55 percent, while China will supply rare earths.

The court said the case raises “issues of exceptional importance” that warrant an expedited review; oral arguments are set to take place on July 31.

‘We’re going to go back and speak to President Trump and make sure he approves it,’ Commerce Secretary Howard Lutnick said after talks in London.

House panel Republicans praise Energy Secretary Chris Wright’s plan to slash his department’s non-defense spending and refocus on its ‘core mission.’

The Beige Book, plus the bulk of last week’s economic data, should convince the Fed that they must cut key interest rates when they meet next week.

‘They’re going well, and we’re spending lots of time together,’ said Commerce Secretary Howard Lutnick.

The government estimates that the renationalisation of the water sector could cost more than £200 billion.