Economy

Trump’s Inflation Battle: Will Deregulation and Drilling Ease Household Costs?

Trump’s second-term agenda sets its sights on tackling inflation, a top concern for American households. With plans to expand energy production, loosen regulations, and reduce government spending, the administration aims…

Donald Trump inflation

Gold Prices Soar to $2,752: What This Means for Investors Amid Trade Uncertainty

Gold prices are nearing record highs, fueled by rising trade tensions and uncertainty around President Trump’s tariff threats against China and the EU. As investors flock to safe-haven assets, questions…

gold bars and silver coins stacked against a background of US dollar bills

Trump Delays Tariff Action, Hints at Sweeping Trade Measures

Donald Trump’s return to the White House signals a renewed focus on reshaping international trade with bold tariff plans targeting major partners like Mexico, Canada, and China. Early actions suggest…

Donald trump tariffs

Gold Prices Surge to Over Two-Month High Amid Dollar Weakness and Policy Uncertainty

Gold has surged to its highest level in over two months as a weaker U.S. dollar and uncertainty surrounding Donald Trump’s trade policies drive investors toward the yellow metal. Analysts…

gold bars stamped with 999.9 Fine Gold and labeled with their weight of 200g, a hand is holding and flipping through U.S. $100 bills

Trump’s Push for Tariffs Sparks Inflation Fears Among Economists

Trump’s bold economic agenda promises to tackle rising costs, boost domestic production, and reshape trade. But will tariffs, tax cuts, and energy policies solve inflation—or make it worse? The answers…

Trump-the economy, inflation, and financial markets. It features stacks of US dollar bills, including prominent $100 bills, overlaid with the American flag to signify the US economy

Aldi Issues Urgent Recall of Nearly 25,000 Pounds of Frozen Taquitos Due to Metal Contamination

Check your freezer: a popular frozen product sold at Aldi has been urgently recalled due to an unexpected safety issue. With reports of contamination sparking concern, this recall affects shoppers…

Frozen Taquitos

The Startling Impact of Trump’s Policies on the Eurozone’s Fragile Economy

Donald Trump begins his second term as the 47th president, ushering in bold economic policies poised to reshape global markets. From sweeping tariffs to potential monetary clashes with the ECB,…

Donald Trump

Trump Claims America Is Failing—But Do the Numbers Agree?

Donald Trump is back in the White House, inheriting a country facing mixed fortunes. Inflation is down, but grocery prices remain high. The unemployment rate is steady, yet many Americans…

Donald Trump

US Stocks Notch First Weekly Gain This Year Before Trump’s Inauguration, Executive Orders

Stocks closed higher Friday, breaking the year’s losing streak just as Donald Trump’s inauguration looms. Speculation swirls around potential executive orders, with over 100 rumored to be in the pipeline.…

US Stocks Notch First Weekly Gain This Year

Markets Tumble as Inflation and Dollar Strength Spark Global Sell-off

The week started off poorly for global financial markets because of a robust U.S. jobs report, growing inflation concerns, and rising oil costs. Interest rate forecasts for the year were…

A businessman looking at a US market graph

Federal Reserve Faces Tough Decisions as December CPI Reveals Stubborn Inflation

The December Consumer Price Index (CPI) revealed that inflation remains persistent, rising to an annual rate of 2.9%. With core inflation steady at 3.3%, key drivers such as shelter and…

Federal Reserve

China’s Economy Struggles Under US Tariffs and Domestic Challenges

China’s economy is at a turning point, grappling with sluggish growth, a prolonged property crisis, and waning foreign investment. While US tariffs remain a critical factor, deeper structural challenges threaten…

China and US presidents

Bank of America Surpasses Wall Street Expectations with Record-Breaking Q4 Results

Bank of America has delivered a blockbuster fourth quarter, surpassing expectations with record-breaking investment-banking fees and robust growth in loans and deposits. Amid volatile markets and shifting economic conditions, the…

Bank of America Corporate Center

Banks Soar to Historic Earnings as Economic Policies Evolve

Major U.S. banks are celebrating record-breaking profits and a bullish outlook as they prepare for a shifting economic and political landscape. With JPMorgan Chase leading the charge, reporting the highest…

Inflation Slowdown Fails to Ease Rising Costs for Households in 2025

Overall inflation may be easing, but the relentless rise in essentials like food, healthcare, and vehicle expenses is straining household finances. Persistent price hikes continue to impact everyday life, painting…

ping Trolley Upside Down Next To Word Inflation

American Small Business Earnings Hit Record Lows Amid Rising Costs

Small businesses in the United States are facing unprecedented challenges, with profits plummeting by 43% in 2024 despite strong GDP growth and low inflation. Rising operational costs, including rent and…

Downward Arrow Symbolizing Struggling Small Businesses in the US

Inflation and Bond Market Calm: How Global Stocks Are Reacting

As bond markets stabilise and the once-dominant US dollar shows signs of retreating from its peak, global stocks witness a rare and significant upswing. Investors eagerly await pivotal inflation data…

Federal Reserve dealing with inflation

Persistent Inflation Pressures Test Federal Reserve’s Resilience in 2025

In December, U.S. consumer prices regained momentum, reigniting concerns about the Federal Reserve’s ability to sustain progress in curbing inflation. While price growth showed modest acceleration at 2.9% year-over-year, core…

inflation in US

Surging Energy Costs Fuel Rise in US Producer Prices Amid Inflation Concerns

U.S. wholesale inflation ticked up in December, driven by surging energy costs, while food prices offered a rare dip. As markets rally and economists eye the Fed’s next move, could…

Energy-United States Department of Labor building

Los Angeles Wildfires Reveal Economic Vulnerabilities and Housing Challenges

Los Angeles is dealing with severe economic effects and increasing housing demands as fires rage throughout the city. The catastrophe, which is among the most catastrophic climate disasters in recent…

Los angeles wildfires

Rising Dollar Pressures Earnings Growth, Driving Market Volatility Worldwide

The US dollar's strength is once again shaping the corporate earnings landscape, as companies with international operations brace for potential impacts and navigate complex market challenges. With its value surging,…

A dollar bill

Biden’s Final Move: Student Loan Forgiveness Hits 5 Million Borrowers

Days before his tenure ends, President Joe Biden has completed another round of student loan forgiveness that will help 150,000 borrowers. With this most recent addition, the government now has…

The President Joe Biden

Gold Prices Drop After U.S. Jobs Report Shocks Markets

Gold prices have dipped as a surprising U.S. jobs report signals resilience in the economy, challenging the Federal Reserve's cautious approach to rate cuts. With inflation concerns looming, all eyes…

Gold Prices-Several gold bars placed on top of a background of U.S. dollar bills.

Jobs Report Fuels Treasury Yield Spike as Markets Approach Critical 5% Mark

The US Treasury market has experienced a sharp rise in yields following stronger-than-expected jobs data for December. The benchmark 10-year yield is edging closer to the critical 5% threshold, stirring…

Professionals in the street facing market turbulence

Does Costco Offer Special Discounts for Seniors? Here’s Everything You Need to Know

Costco is renowned for its bulk deals and low prices, attracting millions of shoppers annually. But when it comes to senior shoppers, many wonder if the retail giant offers exclusive…

Costco

Raging Wildfires Shake LA and Shatter Insurance Stability—What It Means for You

US insurance stocks are reeling as wildfire devastate Los Angeles, with losses expected to be catastrophic. As flames engulf iconic neighbourhoods, insurers are facing unprecedented challenges. Will this disaster force…

wildfire burning on a hillside near a residential area.

Investors Pour Billions Into Safe Havens Amid Trump Tariff Threats and Fed Rate Cut Fears

Global investors flocked to money market funds as fears of tariff hikes and a critical jobs report fueled uncertainty. Equity and bond funds showed resilience, while emerging markets revealed stark…

Investors-variety of currencies, including U.S. dollar bills and Euro notes. Prominently featured on top of the paper money are several gold

Biden Signs Social Security Fairness Act Into Law: Spouses and Survivors to Gain Up to $1,190 More Monthly

Millions of retirees are in for a surprise as a new law changes the game for Social Security benefits. Decades-old provisions that slashed payouts for public workers have been wiped…

Biden Signs Social Security Fairness Act Into Law

Aldi Confirms Full-Day Closure of All 2,458 US Locations – Have Your Backup Plans Ready

Aldi has announced a surprising change to its holiday schedule, leaving shoppers across the US rethinking their plans. With over 2,400 stores affected, this move could disrupt your routine if…

Aldi supermarket

5 Common Purchases Quietly Preventing the Middle Class from Getting Richer

Are your everyday purchases keeping you from getting ahead financially? From subtle habits to hidden costs, many middle-class expenses quietly drain wealth over time. Here are five common traps that…

Middle Class Shoppers

DWP Issues Court Warning to Universal Credit Claimants Over Important Changes

The Department for Work and Pensions (DWP) has warned Universal Credit claimants about serious consequences, including court action, for not fulfilling key obligations. Could you be at risk? Here’s what…

Universal Credit

BoE Rate Cut Hopes Dashed as Inflation Rises to 2.6%

The Bank of England (BoE)'s rate cut hopes have been dashed as inflation shows renewed strength, highlighting ongoing pressures in the economy and delaying any immediate policy changes.

BoE Rate Cut Hopes Dashed as Inflation Rises to 2.6%

DWP Struggles Under Pressure as PIP Reconsideration Delays Double

Extended processing times for Personal Independence Payment (PIP) claims spark concerns, as claimants struggle amid administrative backlogs. Critics highlight risks to vulnerable groups as the Department for Work and Pensions…

DWP

UK Wage Growth Boosts Sterling Amid Economic Uncertainty

Average weekly earnings in the UK rose by 5.2% in the three months to October, exceeding expectations and intensifying speculation about the Bank of England's monetary policy decisions. This wage…

A one-pound coin on an upward graph, symbolising wage growth.

Inflation Woes Deepen in the UK as Costs Escalate for Everyday Items

The UK's inflation rate increased to 2.6% in November, surpassing the Bank of England's 2% target, according to data from the Office for National Statistics (ONS). This marks a rise…

DWP Announces Major Benefits Increase for Millions of Claimants

Millions of UK residents are set to see an increase in their benefit payments starting next year, as the Department for Work and Pensions (DWP) rolls out significant changes. This…

Sign for the Department for Work and Pensions (DWP) at the entrance of Caxton House: DWP Announces Major Benefits Increase for Millions of Claimants

Royal Mail’s £3.6 Billion Takeover: How Kretinsky’s Deal Will Impact Workers and Services

The takeover of Royal Mail by Czech investor Daniel Kretinsky marks a major turning point for this historic institution, raising questions about its future, its workforce, and its essential services.

a worker of Royal Mail

UK Pay Growth Surges to 5.2% as Bank of England Holds Back on Rate Cuts

Pay growth in the UK has surged to 5.2%, driven by private sector wages, but uncertainty looms as unemployment rises and recruitment slows. Policymakers now face tough decisions on the…

Bank of England

Breathing Room for Universal Credit Claimants: DWP Extends Budgeting Advance Repayment Period

The Department for Work and Pensions has announced a major overhaul to the repayment terms of Budgeting Advance loans, but what does it mean for you?

Universal Credit Gov Site With Dwp Link

UK Households Could Slash £174 From Their TV Licence Bill Thanks to a Little Known Rule

The TV licence fee is set to increase to £174.50 in April 2025, but thousands of pensioners and low-income households could avoid paying it altogether. A little-known rule, combined with…

UK Households Could Slash £174 From Their TV Licence Bill Thanks to a Little Known Rule

New Update for Millions of WASPI Women Waiting on DWP Compensation

The government has issued an update on the ongoing WASPI compensation issue, addressing concerns raised by millions of women impacted by state pension age changes. Campaigners continue to push for…

A Group Of Women Gathered Together Holding A Banner That Reads WASPI Women (Women Against State Pension Injustice).

Cost of Living Support Worth £300 Reintroduced for UK Households – Check If You Qualify!

The government has reintroduced a Cost of Living support scheme offering up to £300 to help UK households cope with rising expenses. This financial aid is aimed at providing relief…

Cost Of Living Payment

HMRC Warning: £130 Deductions Leave State Pensioners Searching for Answers

Many UK state pensioners are facing unexpected deductions of over £130 from their monthly payments, sparking confusion and concern. HMRC has issued a statement explaining the reasons behind these adjustments,…

HMRC Letter

Bank of England’s Critical Interest Rate Decision : Will Inflation Delay Cuts in 2025?

With inflation unexpectedly climbing and economic indicators showing mixed signals, the Bank of England faces a critical decision. Will it hold firm on interest rates, or is a shift in…

Bank Of England

UK Economy Faces Unexpected Setback: What It Means for Your Finances

The UK economy contracted for the second consecutive month in October, posing significant challenges for Rachel Reeves in her quest for the fastest G7 growth.

Uk Economy Faces Unexpected Setback What It Means For Your Finances

Nationwide Issues Major £610 Update: What It Means for UK Households

Nationwide has issued a major update that could impact customers’ monthly finances. With a £610 change on the horizon, many are left wondering how this will affect their household budgets.…

Nationwide Building Society

London Stock Market Under Pressure as IPO Listings Fall and Firms Head to the US

Once a leader in global finance, the UK now finds itself £40 billion behind the US, which remains the world’s top destination for IPOs. This significant gap highlights the growing…

London stock market under pressure as IPO listings fall and firms head to the US

Housing Crisis Hits Breaking Point : How Skyrocketing Rents Are Shattering Dreams

The average cost of renting in the UK has surged by £3,240 per year since the end of pandemic restrictions, research reveals. This sharp rise, driven by stagnant rental supply…

For Rent Sign for Housing

DWP Urges 136,000 People to Repay Millions in Benefit Overpayments

Over 136,000 claimants of Carer’s Allowance are facing repayment demands totaling £251.7 million, highlighting what campaigners call a “broken system.” With delayed notifications and a rigid earnings limit of £151…

Sign for the Department for Work and Pensions (DWP) at the entrance of Caxton House: DWP Announces Major Benefits Increase for Millions of Claimants

Nationwide Offers £100 Bonus to Eligible Customers – Here’s How You Could Benefit

Nationwide is offering a £100 bonus to eligible customers who meet certain criteria, with payments set to be made in June next year. The Nationwide Fairer Share Payment rewards customers…

A Branch Of Nationwide Building Society