Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest rates An internal watchdog said the Federal Reserve mismanaged costs associated with a $2.4bn renovation of its Washington DC headquarters, but noted that no criminal violations occurred, acco
Arab communities on both sides of the border grapple with ongoing tensions as US-Canada relations continue to sour In Dearborn, Michigan, home to the largest community of Arab Americans in the US, one industry has risen above all others in recent years: Yemeni cafes. At the forefront is Qahwah House
It marks another ratcheting up of Trump’s trade war and affects nearly $1bn in imports of a $880bn trade relationship US- Canada relations, already tense, are likely to deteriorate further after the United States went ahead early on Tuesday with a decision to ban nearly $1bn worth of Canadian impo
Trump’s tariffs and his war against Iran caused prices to rise, but the US president continues to claim it’s ‘the greatest economy in history’ Donald Trump has taken to repeating a familiar boast: “ We have the greatest economy in history,” Trump said recently at a White House press gagg
President’s tariffs have hurt fishers, loggers and others in a state with deep bonds to Canada – will voters show their displeasure in the midterms? It was an ideal summer to cut trees. The weather in Maine’s Penobscot county – one of the most heavily forested counties in a state dense with
Trump’s media ban resulted in an effective TV blackout of coverage of the president during the UN general assembly The primary White House television pool has resumed filming administration events after a court ruling temporarily overturned a Trump administration ban on CNN a day earlier. In an un
Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages US mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rat
One of the largest labor unions in the US targets eight battleground states in ‘workers v billionaires’ campaign The International Association of Machinists and Aerospace Workers (IAM), one of the largest labor unions in the US, has launched a “workers v billionaires” political campaign tour
President made more than 440 purchases and 700 sales despite voter anger over elected officials trading stocks Donald Trump made over a thousand stock sales and purchases worth between $79m and $270m in July, according to a Guardian analysis of his latest financial disclosure released Tuesday. His t
But industry trade group says plan would backfire and lead to even higher prices for gasoline US politics live – latest updates Donald Trump on Tuesday said he backed the idea of a ban on diesel exports, which some US politicians are calling for as a way to curb the soaring cost of ene
Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry Warnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse , it is still worth asking if the entire AI-industrial complex i
Fed chair presided over unanimous decision to raise interest rates despite intense campaign from White House In the end, Kevin Warsh’s Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to prov