US consumer spending slows: Is it a warning for the economy?

The United States-Canada-Mexico (USMCA) free trade agreement is up for review this year. But the agreement’s original purpose, of removing tariffs across North America, was no longer the current objective of the US administration, Carney said at a car plant in Toronto on Thursday. “Their approach has changed.”

To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog

Peter Hoskinsand Adam Hancock,Business reporters Hiba Kola/Reuters The price of gold has risen above $5,000 (£3,659) an ounce for the first time ever, extending a historic rally that saw the precious metal jump by more than 60% in 2025. It comes as tensions between the US and NATO over Greenland have added to growing concerns…

Renting for an adult is more than twice as expensive in outer London than other UK cities, increasing to three times as expensive in inner London, meaning the income needed to live “with dignity” – defined as being “able to take part in the world around you in a meaningful way” – in London is…

Kevin O’Leary praised the late Charlie Munger’s discipline, saying he often asked “What would Charlie do?” when approaching potential deals. But, in a wide-ranging interview with Business Insider, O’Leary said Munger was wrong to trash crypto, which he called “rat poison” and worse. The “Shark Tank” investor said he was a “huge” fan and close…