Tag: Business

Outcry over supreme court decision to grant Trump power to fire agency chiefs

As a reality TV show host, Donald Trump rose to fame with the catchphrase: “You’re fired!”. On Monday, the US supreme court handed him...

US supreme court rules Trump’s firing of Lisa Cook from Fed was unconstitutional

The US supreme court has refused Donald Trump’s attempts to immediately fire a Federal Reserve governor, in a landmark ruling that limits a president’s...

Trump threatens 100% tariff on European countries that impose digital tax

Donald Trump has threatened to place a 100% import tariff on any European country that imposes a tax on digital services from US companies.Writing...

Key Fed inflation gauge rises to three-year high in May after gas prices peaked

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose...

Condemned to plutocracy? The relentless rise of US inequality

As Barack Obama’s presidency was coming to a close, Jason Furman, then chairman of the president’s council of economic advisers, laid out the strides...

What could US-Iran peace deal mean for UK household costs?

Around the world, markets reacted with relief this week to news that Donald Trump had signed a draft peace deal with Iran that promised...
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