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

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

World’s biggest economies release lists of products in latest move away from trade war – but no strategic goods are included The US and China have released reciprocal lists of goods worth about $30bn each on which they plan to cut tariffs, ranging from consumer electronics and agricultural produ

Trump had told Axios he expected talks to resume a day after he rejected Iran’s proposal to reopen the strait of Hormuz Sign up for the Breaking News US email Donald Trump offered to sell weapons to China while hosting its leader, Xi Jinping, last week, the US ambassador to China said on Sunday. D

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

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

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