The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to take a position. At this point, “hope for the best” is Fed policy. ...
Salmon Scotland, the trade body representing the UK’s largest food export, has called on the UK Government to pursue further negotiations with the United States after it was confirmed that a 10% tariff on Scottish salmon exports will remain in ...
In the name of fighting income inequality, pundits in the UK and US are calling for wealth taxes as magic bullets that will restore an imaginary state of income equality that never existed in the first place. It is time ...
The UK’s green energy ambitions have suffered a serious setback after Danish energy giant Ørsted cancelled plans for Hornsea 4, one of the country’s largest proposed offshore windfarms, citing soaring supply chain costs and financial risks. Hornsea 4, expected to ...
Electric vehicle (EV) sales in the UK continued to surge in April, with battery electric cars claiming more than one in five new registrations, even as petrol and diesel car sales sharply declined — a development hailed by campaigners as ...
President Donald Trump has announced a new trade deal between the United States and the United Kingdom, marking what he described as a “historic day” for the transatlantic alliance. The agreement, unveiled on the 80th anniversary of VE Day, is ...
Tesla has encountered legal headwinds in its push to trademark the terms “Robotaxi” and “Cybercab”, dealing a blow to the company’s highly anticipated autonomous ride-hailing plans ahead of a planned June 2025 launch. The U.S. Patent and Trademark Office (USPTO) ...
To be sure there are probably two factors at work here. One is tariffs and the other is the fact that auto loan delinquencies are rising and people need cheaper cars. ...
The bottom 80% of America is in recession and is starting to cut back on extra spending such as fast food. ...
Farmers across England are warning of early crop failures after what is shaping up to be the driest start to spring in nearly 70 years, with water levels falling and fears mounting that the country could be headed for another ...