Inflation rises 3% in January, hotter than expected
Baron's Round Table unfolds the impact of President Donald Trump's tariff plans. Inflation rose in January as the Federal Reserve considered continuing hiatus on its interest rate cuts plans, and stubbornly high prices continued to strain American household finances. On Wednesday, the Labor Bureau said the Consumer Price Index, a broad measure of everyday products […]
Mergers of English councils could lead to tax rises due to high debt levels | Local government
People in the area adjacent to the UK Bankruptcy Council see their council tax rise and cut services under the worker's plan for the most fundamental reform of local governments of this century I'm taking a risk. Under the plan defended by Deputy Prime Minister Angela Rayner for a “commission revolution,” the government is pushing […]
Dollar Rises, Asian Stocks Drop on Trump Tariffs: Markets Wrap – Yahoo Finance
(Bloomberg) – Global stocks mixed on Monday as traders evaluated President Donald Trump's pledge to impose tariffs on all imports of steel and aluminum. Most of them read from Bloomberg The European Stoxx 600 index rose 0.3%, extending profits for the eighth consecutive week, the longest winning streak since March 2024. Mining stocks slipped after […]
Singapore bank DBS fourth-quarter net profit rises 10% on year – Yahoo Finance
By yantouultra ngui SINGAPORE (Reuters) – DBS Group, Singapore's largest bank, said it hopes its group net interest income will improve this year, recording a 10% increase in fourth quarter net profit on Monday We have announced our capital dividend plan. Southeast Asia's largest bank said the largest bank by assets is expected to slightly […]
XAU/USD outlook: Gold rises further on uncertainties over US trade policies, weaker Dollar – FXStreet
XAU/USD Gold prices hit a new multi-week high early Wednesday, extending Tuesday's 1.4% rise. The short-term move is largely supported by renewed uncertainty over President Trump's trade policy, which has led to a weaker dollar, and strong safe-haven demand amid widespread expectations that the Fed will maintain policy. Interest rates will remain unchanged at next […]
Australian Dollar declines as risk aversion rises ahead of Trump’s economic policies – FXStreet
The Australian dollar weakened on rising risk aversion as traders focused on President Trump's economic policies, including tariffs. The S&P/Australian Stock Exchange 200 index rose to nearly 8,400, a six-week high. President Trump will direct federal agencies to review tariff policy and evaluate relationships with Canada, Mexico and China. The Australian dollar (AUD) stalled on […]
LA authorities searching for at least 36 missing people as wildfire death count rises to 27
At least 36 people are missing and two more people have died, bringing the death toll to 27, authorities said Thursday, as firefighters continue to extinguish wildfires ravaging Los Angeles County. In a report released Thursday evening, the Los Angeles County Coroner's Office confirmed that 10 people died in the Palisades Fire and 17 people […]
LA authorities searching for at least 36 missing people as wildfire death count rises to 25
At least 36 people are missing and two more people have died, bringing the death toll to 25, authorities said Thursday as firefighters continue to extinguish the wildfires ravaging Los Angeles County. Search and rescue teams found one of the deceased in the Eaton fire area and the other in the Palisades fire area, Los […]
4 arrested on arson charges in Los Angeles area; death toll from California fires rises to 26
California police have arrested four suspects on suspicion of arson in four separate incidents as wildfires ravage the Los Angeles area. On Monday afternoon, police responded to a 911 call about an arson suspect setting fire to brush in the Los Angeles suburb of West Valley. The suspect was arrested and booked into the Van […]
Inflation rises 2.9% in December, in line with expectations
Kudlow panelists John Carney and Brian Bremberg discuss job growth and the Fed's actions. Inflation rose again in December as persistently high prices continued to weigh on consumers' finances ahead of the Federal Reserve's next interest rate decision. The Labor Department said Wednesday that the Consumer Price Index (CPI), a broad measure of the prices […]