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Taylor Swift tour hotel demand helps keep UK inflation at 2% | Inflation

The chances of an interest rate cut in August were hit after progress on tackling inflation stalled last month due to rising hotel prices that some analysts blame on the “Taylor Swift effect”. The government’s preferred cost-of-living gauge remained at its 2% target for the second consecutive month in June. The Office for National Statistics […]

Oil prices tick down on worries about Chinese demand By Reuters – Investing.com

Investing.com — Gold prices rose in Asian markets on Tuesday, approaching new highs amid growing expectations that the Federal Reserve will start cutting interest rates from September. However, gold’s gains were limited by a firmer dollar, which strengthened on growing expectations that President Donald Trump will be re-elected. As of 00:46 ET (04:46 GMT), it […]

Asian shares fall as China drags, dollar in demand By Reuters – Investing.com

Stella Chiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered a possible Donald Trump victory and its impact on China, while the dollar rose for a second straight day despite dovish comments from the Federal Reserve that raised expectations of a U.S. interest rate cut this year. MSCI’s broadest index of Asia-Pacific […]

Swing-state lawmaker becomes 10th House Democrat to demand Biden step aside

The Democrat representing a battleground district in Michigan became the 10th House member affiliated with the president to call for an end to President Biden’s reelection effort on Thursday. Rep. Hillary Scholten, who represents Grand Rapids and Muskegon, said in a statement that Biden “must step aside from the presidential race and allow new leadership […]

Top House lawmakers demand federal probe into US nonprofit linked to Hamas operative

Exclusive: Pro-Palestinian media outlets with ties to Hamas are facing intense scrutiny from three House committees in a joint memorandum calling on the Department of Justice to investigate. Ways and Means Committee Chairman Jason Smith (R-Mo.), Oversight Committee Chairman James Comer (R-Ky.) and Education and Workforce Committee Chair Virginia Foxx (R-Ky.) sent a letter to […]

Mikal Bridges didn’t demand trade before Knicks deal: Sean Marks

Nets general manager Sean Marks insisted Mikal Bridges didn’t force Brooklyn into a rebuild by asking for a trade. But make no mistake: they are in the midst of a total rebuild. And he swears it won’t be long. Marks remains confident that Brooklyn remains attractive despite the Big Three seeking trades and Bridges being […]

Republicans demand answers from White House doctor who gave president glowing health report, business dealings with Biden family

House Oversight and Accountability Committee Chairman James Comer (R-Ky.) is calling on White House physician Kevin O’Connor to explain President Joe Biden’s mental health and his past business dealings with the president’s brother. “Following concerns about President Biden’s performance in the June 27 debate between former President Donald Trump, journalists rushed to report what Americans […]