Tag: Economics

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...

US small business owners: how are you operating in the current economic climate?

An index of US small business optimism reportedly fell in May to the lowest level since October 2024, which Bloomberg says has erased “almost...

Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Donald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third...

Inflation won Trump the presidency, but could cost him the midterms

For such an uncannily successful politician, Donald Trump exhibits a perplexing political myopia. His most recent own-goal was endorsing Ken Paxton, a state attorney...

US inflation rose at fastest pace in three years in April as Iran war hikes up prices

US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing...
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