Tag Archives: America

Trump and EU chief enter crunch meetingpublished at 18:12 British Summer Time 18:12 BST Thomas MackintoshLive reporter Image source, Getty Images Welcome to our live coverage of crunch trade talks between the United States and European Union. “It is a beautiful Sunday in Scotland,” Donald Trump said as he started a wide-ranging news conference inside the ballroom of his Turnberry …

It has united luminaries of the far right, from media personality Tucker Carlson to activist Laura Loomer, from tech billionaire Elon Musk to congresswoman Marjorie Taylor Greene. Typically unwavering in support of Donald Trump, all have criticised his administration’s handling of files about the late sex offender Jeffrey Epstein. But in towns and cities across the US, a more complicated …

Headline U.S. inflation jumped to 2.7% in June, its steepest rise in five months, according to the latest consumer price data. UBS Global Wealth Management took a look under the hood, writing in its monthly letter that “it’s quiet … a little too quiet.” Chief investment officer Mark Haefele appealed to the cinephiles in his audience: “Movie fans will know …

Sometime between 16 and 11.6 million years ago, a young caiman came upon a tasty snack in modern-day South America. The meal, however, turned out to be rather ambitious, because the croc hadn’t come upon just any old prey. It was a phorusrhacid, a large carnivore in its own right, aptly known as a “terror bird.” The now-extinct terror bird …

A businessman walks by the New York Stock Exchange in New York City. As more than 100 big companies reported earnings this week, the S&P 500 and Nasdaq hit a series of record highs. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images Corporate America is living through two vastly different experiences of President Trump’s tariff summer. More than …

A previously quiet fault line beneath North America is now feared to be a ticking time bomb, and experts warn it could unleash a devastating earthquake with no warning, shaking parts of the US. Canadian scientists have discovered that the Tintina Fault, located just 12 miles from Dawson City in the Yukon, has been silently building up underground pressure and …

Trump’s Tariffs Are Being Picked Up by Corporate America  The Wall Street Journal Tariffs haven’t raised prices significantly yet. That’s about to change.  vox.com US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms  Bloomberg Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline  Forbes Tariffs hit U.S. companies hard, but businesses absorb them for now  The Washington Post …

Buyers are walking away from home purchases in record numbers, causing complete chaos in the US housing market. In June, over 57,000 home sales across the country were abruptly canceled, equaling a staggering 14.9 percent of homes that went under contract, according to a report from Redfin. That number is an uptick from 13.9 percent of sales which collapsed this …

Hedge fund billionaire Ray Dalio is known for his dire warnings about the economy and the national debt, but he just issued one of his starkest warnings to date, likening the United States’ mounting debt crisis to an impending “economic heart attack” and urging policymakers to revisit the fiscal discipline that characterized the 1990s boom years. Dalio’s alarm, sounded in a …

(Reuters) -Bank of America said on Wednesday its board has authorized a $40 billion stock repurchase program. The new buyback program, which will take effect on August 1, will replace the current authorization, which had about $9.1 billion in repurchases remaining as of June 30, the bank said. The biggest U.S. lenders have enough capital to withstand a hypothetical severe …