Callum Jones

4 days ago | theguardian.com | Callum Jones

Decades of economic orthodoxy failed millions of Americans, according to Donald Trump, who marched back into the White House promising to shred the status quo. But the specifics of his alternative – exactly how his administration claims it will make America great again – change by the day. The US president declared this week to be a key milestone of his second term, as he unveiled his first major trade deal since returning to office following accelerated talks with the UK.

6 days ago | theguardian.com | Eleni Courea |Callum Jones

Donald Trump and Keir Starmer have announced a “breakthrough” trade deal that is expected to slash US tariffs on cars, aluminium and steel. Speaking from the White House, with Keir Starmer on speakerphone, the US president said the bond between the US and UK would be “stronger than ever before”. Starmer said it was a “fantastic, historic day” for the two countries and that the agreement was “hugely important for sectors like car manufacturing, and for steel and aluminium and so many others.

6 days ago | unilad.com | Callum Jones

Jennifer Lopez has revealed how she discussed her break up from Ben Affleck with her twins, Emme and Max. The subject of a divorce is never an easy conversation, there's no doubt about that, but it's certainly important to break the news - particularly to children - in a sensitive manner. The news broke last year in August that Lopez and Affleck were getting a divorce after getting married two years prior.

1 week ago | theguardian.com | Callum Jones

The Federal Reserve kept interest rates on hold as questions around the global economic outlook mount amid Donald Trump’s erratic rollout of an aggressive trade strategy. Policymakers at the US central bank cautioned that “the risks of higher unemployment and higher inflation have risen” as they opted to maintainthe benchmark interest rate for the third time in a row. “Uncertainty about the economic outlook has increased further,” they said in a statement. Chart showing the interest rate for May.

1 week ago | theguardian.com | Callum Jones

Donald Trump promised to usher in a new “golden age” for the US economy – one with lower prices, more jobs and greater wealth. This week, his first quarter report card came in, and the new age is off to a chaotic start. Gross domestic product (GDP) shrank for the first time in three years during the first quarter, abruptly turning negative after a spell of robust growth as trade distortions and weaker consumer spending dampened activity.