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Trump’s sweeping new tariffs take effect against dozens of countries
Posted onOsmond Chia Business reporter, BBC News Getty Images US President Donald Trump’s sweeping new tariffs on more than 90 countries around the world have come into effect. Moments before his deadline passed for countries to negotiate US trade deals, Trump posted on his Truth Social platform that billions of dollars were now flowing into his…
UK stock market hit by nerves over US banks
Posted onBen KingBusiness reporter Getty Images The UK’s stock market has fallen after a warning from two US banks triggered a sell-off in banking shares. Two US regional lenders, Western Alliance Bank and Zions Bank, said on Thursday that they had been hit by either bad or fraudulent loans, sparking fears of problems in the banking…
Starbucks workers and unions in 10 countries to protest in support of US baristas
Posted onStarbucks workers and union members in England, Scotland and eight other countries are set to protest on Wednesday in support of striking US employees, the company’s US union told the BBC. Starbucks Workers United last month launched a strike, which the union said has expanded to 3,000 baristas in more than 100 US cities. Workers…
Meir Matters supplies air fryers in Stoke-on-Trent cookery scheme
Posted onEthan Saunders,Meirand Richard Price,West Midlands BBC Michelle Swift, director of Meir Matters, says they previously ran a similar scheme with slow cookers Air fryers are to be given out free by a community group that has been teaching people how to cook as part of a scheme to help them eat more healthily. Meir Matters…
Trump picks Kevin Warsh to lead the US Federal Reserve
Posted onWarsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.
