Borrowing costs remain unchanged for now. The Federal Reserve recently held its benchmark interest rate steady at its target range of 4.25% to 4.5%, a […]
Category: Business
Trump Blasts Fed Chair Powell Over Rates Ahead of Key Meeting
Just hours before the Federal Reserve was set to announce its latest decision on interest rates, former President Donald Trump launched a sharp attack on […]
Nippon Steel Finalizes $15B US Steel Takeover with ‘Golden Share’
Historic $15 Billion US Steel Sale to Nippon Steel Finalized After National Security Deal Nippon Steel and U.S. Steel have officially finalized their “historic partnership,” […]
AI Talent War: OpenAI’s Sam Altman Says Meta Offered $100M Bonuses
OpenAI CEO Sam Altman has made a striking accusation, claiming that Meta, led by Mark Zuckerberg, attempted to lure away his top artificial intelligence experts […]
Fed Holds Rates Steady: Global Risks, US Data Cloud Outlook
Federal Reserve Pauses Amidst Storm of Global and Domestic Uncertainties WASHINGTON D.C. – The Federal Reserve is widely expected to keep its benchmark interest rate […]
Fed Rate Decision Today: What to Expect for Your Money
The Federal Reserve is set to announce its latest interest rate decision today, and the consensus among economists and market watchers is overwhelmingly clear: borrowing […]
UK Food Prices Surge: What Latest Inflation Data Reveals
UK food prices experienced a significant increase in May, climbing at the fastest rate seen since February 2024, according to recent official figures. This acceleration […]
Why UK Chocolate Prices Are Soaring: Inflation & Cocoa Crisis
Chocolate prices in the UK rose at the fastest pace on record in May as the overall cost of food continued to climb, official figures suggest.
HS2 Delayed Again: UK High-Speed Rail Branded ‘Appalling Mess’
The opening of HS2 will be delayed beyond the target date of 2033, the government has confirmed, but it did not say when the high speed railway line will begin operating.
UK Inflation Eases Less Than Expected Before BoE Rate Call
UK inflation eased slightly in May, official data revealed, but the decline was less significant than economists had widely anticipated. This unexpected stickiness in price […]