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British Chancellor Rachel Reeves announced the latest budget on Wednesday, setting out sweeping tax hikes which are projected to raise 26.1 billion pounds ($34.4bn) for the public purse by 2030. The budget had been highly anticipated as a “make or break” moment for the UK’s governing Labour party, which has grappled with poor polling over…
United States job growth accelerated in September despite a cooling job market as the unemployment rate rose. Nonfarm payrolls grew by 119,000 jobs after a downwardly revised 4,000 drop in August, according to the Bureau of Labor Statistics (BLS) report released on Thursday. Recommended Stories list of 4 itemsend of list The unemployment rate rose…
US president defends economic policies as polls show growing angst among voters over prices. Published On 18 Nov 202518 Nov 2025 Click here to share on social media share2 Share United States President Donald Trump has defended his administration’s record on lowering prices as he faces growing discontent from Americans over the cost of living….
US President Donald Trump has appeared on the CBS News programme 60 Minutes just months after he won a $16m settlement from the broadcaster for alleged “deceptive editing”. In the interview with CBS host Norah O’Donnell, which was filmed last Friday at his Mar-a-Lago residence and aired on Sunday, Trump touched on several topics, including…
On Wednesday, the US central bank announced its second rate cut of the year. The United States Federal Reserve has cut its benchmark interest rate by 25 basis points to 3.75 – 4.00 percent, amid signs of a slowing labour market and continued pressure on consumer prices. The cut, announced on Wednesday, marks the US…
On Wednesday, the US central bank announced its second rate cut of the year. The United States Federal Reserve has cut its benchmark interest rate by 25 basis points to 3.75 – 4.00 percent, amid signs of a slowing labour market and continued pressure on consumer prices. The cut, announced on Wednesday, marks the US…
Ronny Jaramillo and Dana Morrissey own and operate a handful of small restaurants across south and central Brooklyn – among them Chela, a Mexican restaurant, and Bar Chuzo, a “Latin bistro and cocktail bar”. But in recent years, they have faced mounting hurdles amid surging rents and floods. They are watching the mayoral election closely…
Argentina’s bonds, stocks and currency are surging after President Javier Milei’s party won an overwhelming victory in a Sunday midterm election, a key requisite to keep economic reforms on track and a United States financial backstop in place. On Monday, international bonds rallied between 9 and 13 cents each, local stocks jumped over 20 percent…
Malawians are voting to elect their next president amid a deepening economic crisis in one of Africa’s poorest and most climate-vulnerable countries. The small Southeast African nation has been hit with double-digit inflation that has caused food prices to skyrocket for several months now. It came after intense drought events last year. Earlier, in 2023,…
By Louis Jacobson | Politifact Published On 6 Sep 20256 Sep 2025 President Donald Trump said US workers are already benefitting from his economic policies. “The average American worker has already seen a $500 wage increase this year,” Trump said during an August 26 Cabinet meeting. Trump’s White House cherry-picked data that favours a higher earnings gain….
