US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.In a 927-page disclosure, he reported $635m in royalties from an entity called…
New Fed Chairman Kevin Warsh is braving the heat in Portugal to attend a European Central Bank (ECB) Forum this week. The real question is: will Warsh confront ECB President Christine Lagarde about the Vienna speech she gave, implying…
Alan Greenspan, who presided over the Federal Reserve for more than eighteen years and came to embody the very idea of central banking, died on 22 June at his home in Washington at the age of 100. He leaves behind the legacy of a man…
Prime Minister Sir Keir Starmer has said a £15bn increase in military spending will be funded by cutting investment budgets in other areas, as he set out the UK's long-delayed plan to invest in defence.In one of his final acts as prime…
Western Europe is currently enduring one of the most severe heatwaves in modern history.
France has reported around 1,000 excess deaths in a single week. Temperatures have exceeded 40 °C across multiple countries. Governments have issued…
Key Highlights rose about 1% on Monday as U.S. and Iranian strikes underscored the fragility of their interim peace deal, while expectations of renewed energy traffic through the Strait of Hormuz limited the rally. The two countries…
On behalf of the American people, I extend congratulations to the citizens and government of Seychelles as you commemorate the 50th anniversary of your independence.
The United States values our partnership in strengthening maritime…
The US Supreme Court will not hear an appeal requested by President Donald Trump to review the civil case that found he defamed and sexually abused writer E Jean Carroll.A New York jury awarded Carroll $5m (£3.6m) in damages in 2023 over…
The Strawberry Moon is set to rise in UK skies tonight, marking the first full Moon of the summer season.
It will reach its peak in the early hours of Tuesday, 30 June, according to the Royal Observatory Greenwich.
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The Federal Reserve has been keeping interest rates steady, waiting to see whether the recent inflation surge will be temporary. That decision carries more risk after yesterday’s update of the Personal Consumption Expenditures (PCE)…