Investments and Business

Powell asks inspector general to review .5 billion renovation after Trump blasts Fed project

After Trump blasts, Powell requests inspector general review of $2.5 billion Fed renovation

Ava Stringer

Federal Reserve Chair Jerome Powell has requested an internal investigation into a multibillion-dollar construction project at the central bank’s headquarters, following public criticism and political pushback—most notably from former President…

E.U. tariffs set to raise pasta and wine prices, threatening jobs on both sides of the Atlantic

Investments and Business

E.U. tariffs poised to elevate pasta and wine prices, with jobs at stake in Europe and America

Ava Stringer

Recent policy developments in the European Union are expected to have a notable impact on two beloved staples of international trade—pasta and wine. With new tariffs slated to take effect…

US inflation rises as tariffs drive up prices

Investments and Business

US inflation escalates as tariffs raise prices

Ava Stringer

Recent economic indicators reveal that inflation in the United States has experienced an uptick, with a notable portion of the rise attributed to the influence of tariffs on goods and…

China growth beats expectations as Trump tariffs loom

Investments and Business

Trump tariffs threaten as China’s growth outpaces estimates

Ava Stringer

China’s economy posted stronger-than-anticipated growth in the latest quarterly report, signaling continued resilience even as concerns rise over potential new tariffs from the United States. The latest figures, released by…

Post Office could be owned by its postmasters, government says

Investments and Business

Government considers letting postmasters own Post Office

Ava Stringer

The UK government has initiated talks on a prospective future where the Post Office network of the nation might be owned and managed by those who operate its branches—the postmasters.…

Electric cars will be cheaper to buy, pledges minister

Investments and Business

Minister commits to making electric cars more affordable

Ava Stringer

The UK government has reaffirmed its commitment to making electric vehicles (EVs) more financially accessible, announcing plans aimed at reducing upfront costs for consumers. This initiative, part of a broader…

EU delays retaliatory trade tariffs against US

Investments and Business

EU pauses retaliatory trade tariffs on US

Ava Stringer

The European Union has opted to delay the enforcement of planned trade tariffs on goods imported from the United States, signaling a strategic pause in an ongoing transatlantic dispute. The…

Investments and Business

Bitcoin exceeds $120,000 for the first time in history

Ava Stringer

Bitcoin has achieved a new record peak, surpassing the $120,000 threshold for the first time ever. This digital currency, frequently regarded as a reference for the wider cryptocurrency sector, keeps…

Bank boss ready to cut rates if job market slows

Investments and Business

Central bank leader ready to cut rates if job growth slips

Ava Stringer

A prominent official at the central financial institution has expressed openness to cutting interest rates if future economic reports persistently show a decline in the job market. Although the prevailing…