Trump refuses to give up on tariffs - a pillar of his economic legacy
Politics Trump refuses to give up on tariffs - a pillar of his economic legacy July 24, 20265:00 AM ET Danielle Kurtzleben U.S. President Donald Trump looks to reporters after getting off Air Force One on July 22, 2026 at Joint Base Andrews, Maryland. Kevin Dietsch/Getty Images hide caption toggle caption Kevin Dietsch/Getty Images On the day the Supreme Court ruled against a broad swath of President Trump's tariffs, he was visibly angry – and determined to enact more tariffs anyway. "Other alte...
Bus fare cap coming from aid budget will hit world’s poorest, Burnham told
Funding proposal for cost of living policy ‘throws global south countries under the bus’, says ActionAid UK directorBurnham announces bus fares across England to be capped at £2UK politics live – latest updatesThe world’s most vulnerable people will be put at risk by Andy Burnham’s decision to use the aid budget to pay for cheaper bus fares in England, charities have said.The prime minister announced on Wednesday that he would reduce the fare cap from £3 per journey to £2 for next year, funded m...
Transport secretary ‘100% sure’ new cap on bus fares in England is fully funded – UK politics live
Earlier this week, Burnham’s new government faced questions about how the removal of VAT on electricity bills would be fundedGood morning and welcome to our live coverage of UK politics.Andy Burnham’s new government is facing fresh questions on how it will fund its new policies aimed at easing the cost of living, after the prime minister announced a £2 cap on single bus fares this morning. Continue reading...
From defence uplift to national care service, Andy Burnham faces question of funding
As new prime minister briefs cabinet on ‘cost of living government’, critics ask where money will come fromUK politics live – latest updatesAndy Burnham is under mounting pressure to explain how he will pay for his policy pledges as he implored his new cabinet to examine “all possible ways” to tackle the cost of living crisis.On his first full day in power, the prime minister faced questions about how he would fund the removal of VAT from electricity bills and also an expected uplift in defence...
Five pressing questions for Reform UK about its finances
Questions swirl about origins of gifts, loans and donations as even party supporters wonder if it can weather the stormUK politics live – latest updatesWhy is Farage quitting as an MP, only to stand again?Scrutiny is mounting on Reform UK’s finances.On Tuesday, amid an investigation by parliamentary standards into an undisclosed £5m gift, Nigel Farage announced he would resign and trigger a byelection in his constituency of Clacton-on-Sea. Continue reading...
Report to National Crime Agency of £5m Farage gift is ‘deeply serious’
Labour party chair says Reform UK leader must cooperate with authorities instead of trying to distract public with byelection• UK politics live – latest updatesThe revelation that a £5m gift to Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers concerned it may have been laundered money, has been described as “astonishing and deeply serious”.Responding to the Guardian story, Anna Turley, the chair of the Labour party, also called on Farage to “come...
Trump's Financial Triumphs and Political Challenges: A Comprehensive Overview
Recent developments surrounding Donald Trump highlight significant financial gains from crypto ventures, while also revealing ongoing legal and political challenges. From his remarks at the opening of the Theodore Roosevelt Presidential Library to controversies surrounding America 250 celebrations, Trump's influence remains a focal point in American politics.
Trump accused of ‘disgusting’ crypto greed after earning over $1bn since return to office
Elizabeth Warren and colleagues demanded tighter rules on political figures’ crypto dealings, citing disclosures of large-scale Trump family profitsUS politics live – latest updatesDonald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House.Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed why US Congress need...
US cooking oil market shrinking due to Ice pressures on Latino households, Mazola owner says
Hispanic communities have taken economic hit over anti-immigration raids, prompting people to shop online and reuse oilUK politics live – latest updatesThe US cooking oil market is shrinking and unlikely to improve soon because of economic and immigration enforcement pressures on Latino households, the owner of the Mazola brand has said.George Weston, the chief executive of Associated British Foods (ABF), told City analysts that cooking oil sales had suffered as “our heavy use consumer is that H...
Nigel Farage received £270,000 from gold marketer he promotes
Reform UK leader’s Direct Bullion payment is double his fee from 2025UK politics live – latest updatesNigel Farage received £270,000 from a gold marketer for which he is a brand ambassador, his single biggest payment as an MP.The Reform leader has been criticised in the past over his £400,000-a-year second job promoting the idea for Direct Bullion that people should buy physical gold and put it in their pension pots. Continue reading...
Australia politics live: Anthony Albanese says tax reforms ‘make system fairer’ and backs Paul Hogan on Pauline Hanson
The prime minister tells 7.30 the housing market was ‘broken’. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live politics blog, as the last week of parliament before the winter break rolls on. I’m Martin Farrer with the top overnight stories and then it will be Krishani Dhanji with the main action.Anthony Albanese has defended the government’s housing reforms, telling 7.30 last night that he didn’t want to live in a country de...
Keir Starmer to stay on as MP but unlikely to want cabinet role
Spokesperson says departing PM will serve out remainder of his term representing Holborn and St PancrasUK politics live – latest updatesKeir Starmer will remain the MP for Holborn and St Pancras after standing down as prime minister, Downing Street has confirmed.Starmer’s spokesperson said he was not expecting to take a role in Andy Burnham’s cabinet if offered one, though some MPs have suggested Burnham could make Starmer foreign secretary. Continue reading...
After a decade, Brexit’s cost to Britain is not only economic
Hateful discourse in politics and society has become a regular feature since the UK voted to abandon the EU.
Oil falls further on Mideast deal, but Fed outlook knocks equities
Oil prices tumbled further Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end their war and reopen the Strait of Hormuz to tanker and cargo traffic. European and Asian stock markets were mixed, with some major indexes retreating after steep falls on Wall Street after the Federal Reserve raised its inflation forecast and projected higher US interest rates this year, boosting the dollar. “Politics and economics are front and centre for markets,” said R...
What Trump whispered in Brigitte Macron's ear after fiercely defending her against attacks she's a 'man'
SPECIAL OFFER: Sign up to our weekly US politics newsletter and get three FREE months of DailyMail+ HERE See more Daily Mail on Google - save us as a Preferred SourceBy JON MICHAEL RAASCH, WHITE HOUSE CORRESPONDENT Published: 22:15, 15 June 2026 | Updated: 22:15, 15 June 2026 e-mail View comments
LA politicians want to mandate prosperity. The $30 minimum wage proves they can’t
If you want to understand why businesses are leaving California, investors are looking elsewhere and common-sense economics seems to have disappeared from public policy, look no further than Los Angeles.In a move that should surprise absolutely no one familiar with California politics, Los Angeles leaders approved a plan to push hotel and airport worker wages to $30 per hour. Supporters call it the "Olympic Wage," arguing that workers should benefit from the economic activity generated by the 20...
Why the economics makes this the craziest world cup ever
Why the economics makes this the craziest world cup everJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorBBCFootball World Cups are rarely completely politics-free but never has the beautiful game navigated a geopolitical high-wire act of this kind. The main host is at war with a participant, whose team must commute in on match days from another country.Add to that the quite astonishing coincidence of the US, Canada and Mexico, the three co-hosts of the 2026 World Cup, bein...
UK defence funding crisis has been a long time coming
John Healey’s complaint is that Starmer sat on this problem for months before making a derisory offerUK politics live – latest updatesJohn Healey’s resignation as defence secretary on Thursday was a long time brewing, though in the end the denouement was swift. It leaves an already weak Keir Starmer without a defence strategy less than a month before a Nato summit and an unresolved row about spending as Donald Trump threatens to restart the bombing of Iran.On Monday, No 10 finally told Healey ho...
Trump Says ‘I Love The Inflation’ After It Reaches 3-Year High
BreakingBusinessTrump Says ‘I Love The Inflation’ After It Reaches 3-Year HighBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorJun 10, 2026, 12:49pm EDTToplinePresident Donald Trump said “I love inflation” after it rose to a three-year high earlier Wednesday amid the Iran war and surging gas prices—his latest dismissal of Americans’ economic concerns.President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Offi...
Furious Mormons riled up in religious spat after they were left off Trump's new categorization of Christians
Furious Mormons riled up in religious spat after they were left off Trump's new categorization of Christians SPECIAL OFFER: Sign up to our weekly US politics newsletter and get three FREE months of DailyMail+ HERESee more Daily Mail on Google - save us as a Preferred SourceBy VICTORIA CHURCHILL, US POLITICAL REPORTER Published: 20:42, 7 June 2026 | Updated: 20:42, 7 June 2026 e-mail View comments