Donald Trump tells us the US economy is “absolutely booming”, the “strongest we’ve ever had” and “the greatest in the history of America”. Well, at his Mar-a-Lago country club where the price of admission has doubled to $200,000, he is right. The ec...
Trump-Russia investigation Democrats in the House of Representatives are likely to reopen an intelligence committee investigation into Russian interference in the 2016 election – and begin assisting the criminal inquiry on the same subject by the sp...
Shares on Wall Street fell in early trading on Friday, as global markets headed for their longest losing streak in five years. New York’s Nasdaq index lost 2.5% after the opening bell in the wake of a poor set of tech results on Thursday, continuing...
After firing the opening shots of a trade war, China and the US have entered what is likely to be a protracted standoff as they jockey to win concessions from each other and avoid hurting their respective economies. Eleven hours after the White Hous...
The expected rise in US interest rates will increase financial pressures on developing countries already struggling with a 60% jump in their debt repayments since 2014, a leading charity has warned. The Jubilee Debt Campaign said a study of 126 deve...
To say former steelworkers in Pennsylvania’s Lehigh Valley are conflicted about Donald Trump’s 25% tariff on steel imports is not quite to capture the mood. Those who voted for the president see the tariff as a fulfilment of a campaign promise, pro...
Donald Trump could exempt Canada, Mexico and other countries from stiff import taxes he is expected to impose this week, the White House said on Wednesday. The US president and his allies previously indicated that there would be no exceptions to the...
Gary Cohn, Donald Trump’s top economic adviser, has quit, the latest in a series of high-profile departures from the Trump administration. Cohn, who heads the National Economic Council, had reportedly threatened to leave after Trump’s incendiary com...