Trump administration battles to stabilise energy costs
The White House has made cutting energy bills a central political priority, but critics say…
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Trump administration battles to stabilise energy costs
The White House has made cutting energy bills a central political priority, but critics say its own policies are making the problem worse as households across America face rising costs. Energy affordability has become one of the defining domestic battlegrounds of Donald Trump's second term. With electricity prices up nearly 7% last year — more than twice the rate of overall inflation — and some…
Markets grapple with supply shocks despite ‘V-shaped’ equity recovery
Global financial markets have staged a tentative comeback in recent weeks, with major stock indices…
Gold futures top $4,000 for the first time on safe-haven rush
The price of gold futures surpassed the $4,000 per ounce mark for the first time…
Electronic Arts taken private in largest ever leveraged buyout
Video game publisher Electronic Arts (EA) is set to be taken private in a landmark…
China’s export growth lower than expected amid trade tensions
China’s export growth has slowed to its weakest pace in six months, falling short of…
UK borrowing costs highest since 1998 as autumn budget looms
The cost of UK government borrowing has surged to its highest level since 1998, raising…
American capitalism’s road to serfdom
The US government’s decision to take a 10% equity stake in Intel, converting a substantial…
Air Canada flight attendants reach ‘tentative’ deal to end week-long strike
Air Canada has reached a tentative agreement with the union representing its 10,000 flight attendants,…
UK inflation surges to 18-month high, driven by food and airfare costs
A sharp acceleration in the cost of air travel and persistent rises in food prices…
Federal Reserve minutes reveal growing internal debate on pace of interest rate cuts
The latest minutes from the Federal Reserve’s policy-setting meeting reveal a deepening internal debate over…