UK interest rates are expected to fall at their fastest pace since the 2008 financial crisis, as the Bank of England prepares to respond to mounting global economic headwinds driven by President Trump’s escalating trade war. Economists expect the central bank to begin cutting rates next week, lowering the base rate from 4.5% to 4.25%, with predictions of as much ...
The US economy shrank by 0.3% in the first quarter of 2025, marking its first contraction in over two years, as businesses rushed to import goods ahead of President Trump’s sweeping tariff plans, triggering record trade imbalances and unsettling financial markets. The latest data from the US Bureau of Economic Analysis (BEA) shows the economy sliding into negative territory after ...
Ministers will hold a high-level meeting with leading bank executives on Tuesday as pressure mounts on lenders to improve access to credit for small businesses, amid growing fears that the UK’s economic recovery could be held back by underinvestment in the SME sector. Senior figures from HSBC, NatWest and Lloyds will attend the talks to explain how they plan to ...
In this video, Dave reveals four key charts he’s watching to determine whether the S&P 500 and Nasdaq 100 will be able to power through their 200-day moving averages en route to higher highs. Using the recently updated StockCharts Market Summary page, he covers moving average breadth measures, his proprietary Market Trend Model, offense vs. defense ratios, and the Bullish ...
Defense Secretary Pete Hegseth announced on Monday that the U.S. military will soon be seeing a dramatic reduction in the number of general officers across all branches. He called the reduction a ‘historic’ move to fulfill President Donald Trump’s commitment to ‘achieving peace through strength.’ ‘We’re going to shift resources from bloated headquarters elements to our warfighters,’ said Hegseth. According ...
House Minority Leader Hakeem Jeffries slammed President Donald Trump while discussing the recent chaos at Newark Liberty International Airport, saying he had ‘decimated the FAA.’ During a press conference on Monday, Jeffries took a reporter’s question about the recent delays at Newark Airport. ‘Well, it’s certainly something that I think we’re all invested in looking into, as it relates to ...
The House Rules Committee has advanced a bill to permanently rename the Gulf of America. Formerly the Gulf of Mexico, President Donald Trump signed an executive order that upended that as part of his America First agenda. But without congressional action, the name could be reverted by a future administration – which spurred Rep. Marjorie Taylor Greene, R-Ga., to introduce ...
Magento is an ecommerce system that depends on backend performance as much as frontend design. It handles configurable products, layered pricing, user-specific sessions and scheduled processes. Hosting, in this case, is not simply about uptime. It directly affects how product data, customer actions and background tasks interact during daily operations. Without the right structure, even a functional Magento setup can ...
The White House is going after Democratic lawmakers looking to upend House GOP plans to make President Donald Trump’s Gulf of America name change permanent. The House Rules Committee, the final gatekeeper before most legislation gets a House-wide vote, is considering a bill to codify Trump’s decision to cease calling the body of water on the U.S. Southeast ‘the Gulf ...
A pro-Trump legal group founded by White House aide Stephen Miller is suing Supreme Court Chief Justice John Roberts — a long-shot move as Trump allies fight court rulings blocking key actions from the Oval Office. The lawsuit was filed by the America First Legal Foundation against Roberts in his capacity as the official head of the U.S. Judicial Conference and ...