Donald Trump is making a deliberate effort to soften his tone. Or is he? I’ve given this a lot of thought, having interviewed Trump twice this year, including two weeks before the election. He was focused and substantive, trying to reach a more independent audience, and while he took some campaign-style shots, he was relatively restrained by Trumpian standards. Now ...
Energy bills for most British households are poised to rise again this spring, as an uptick in wholesale gas prices and escalating network charges put renewed financial pressure on millions of families. Forecasts from Cornwall Insight, the energy consultancy, indicate that Ofgem’s price cap could nudge up by around 1 per cent to £1,762 a year for a typical dual-fuel ...
HM Revenue & Customs (HMRC) has come under renewed scrutiny for what critics describe as a failure to clamp down on widespread tax evasion by thousands of Chinese “burner” companies. These shell firms, often created and dissolved within months, are accused of exploiting lax UK company registration and VAT rules to flood online marketplaces such as Amazon, eBay, and Temu ...
Sterling strengthened to its highest level against the euro in nearly two years on Tuesday, climbing by 0.3 per cent to reach €1.21. The pound’s rise comes amid intensifying expectations that the European Central Bank (ECB) will reduce interest rates further this week, as Europe’s largest economies struggle for momentum. The ECB is widely tipped to announce its fourth rate ...
Moonpig, the online greetings card and gifting retailer, has reported a half-year pre-tax loss of £33.3 million after writing down the value of its “experiences” division by more than £50 million, underscoring the challenges posed by faltering consumer confidence in higher-priced discretionary treats. The loss for the six months to October compares with a £18.9 million profit in the same ...
Ian Vásquez Today, December 10, marks the one-year anniversary of Javier Milei in office. The Argentine president was elected promising a paradigm shift that would return his country to the classical liberalism that made it one of the richest countries in the world a century ago. With that ambitious goal in mind, Milei has achieved much more than most people thought possible in such ...
The Tuesday afternoon selloff brings the broader indexes close to key support levels. In the first half of the trading day, the S&P 500 ($SPX) and Dow Jones Industrial Average ($INDU) were trading slightly higher. The Nasdaq Composite ($COMPQ) was the leader in the morning hours. But towards the last couple hours of the trading day, all three indexes sold ...
Norbert Michel and Jerome Famularo In the aftermath of the COVID-19 pandemic, the United States experienced a much higher rate of inflation than at any time during the prior few decades. Like the prices of many goods and services, the cost of housing rose rapidly, with the median home price increasing almost $100,000. (Figure 1.) Unsurprisingly, many potential homebuyers were—and ...
Tad DeHaven Department of Government Efficiency (DOGE) chiefs Elon Musk and Vivek Ramaswamy journeyed to Capitol Hill last week to meet with legislators. Republicans in the House and Senate have been organizing to focus on DOGE, and some Democrats have expressed interest in participating. The head of the new Senate DOGE Caucus, Iowa Republican Joni Ernst, sent Musk and Ramaswamy ...
The House Task Force investigating the assassination attempts on President-elect Trump’s life has released its final report on Tuesday, detailing ‘preexisting conditions and leadership failures’ that led to the deadly campaign rally in Pennsylvania in July. While the bipartisan panel was given ample information on that shooting, the report suggested requests for documents on the second attempt on Trump’s life ...