Sarah Taaffe-Maguire

1 week ago | news.sky.com | Sarah Taaffe-Maguire

The US central bank held interest rates as it said Trump tariffs have risked higher inflation and unemployment amid "so much" uncertainty. The announcement is likely to anger President Donald Trump, who has made the taxes on imports one of his signature policies and had threatened to fire the Federal Reserve chair, Jerome Powell. On Wednesday, the Federal Reserve, known as the Fed, held rates at 4.25%-4.5%.

1 week ago | three.fm | Sarah Taaffe-Maguire

The announcement is likely to anger President Donald Trump, who has made the taxes on imports one of his signature policies and had threatened to fire the Federal Reserve chair, Jerome Powell. On Wednesday, the Federal Reserve, known as the Fed, held rates at 4.25%-4.5%. Unlike the UK, the US interest rate is a range to guide lenders rather than a single percentage.

2 weeks ago | news.sky.com | Sarah Taaffe-Maguire

Water regulators and the government have failed to provide a trusted and resilient industry at the same time as bills rise, the state spending watchdog has said. Public trust in the water sector has reached a record low, according to a report from the National Audit Office (NAO) on the privatised industry. Not since monitoring began in 2011 has consumer trust been at such a level, it said. The last time bills rose at this rate was just before the global financial crash, between 2004-05 and 2005-06.

3 weeks ago | msn.com | Sarah Taaffe-Maguire

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3 weeks ago | mkfm.com | Sarah Taaffe-Maguire

It comes after first-quarter profits at Tesla sank as the company grapples with falling sales, partly due to President Trump's tariffs. As a special government employee, Mr Musk was limited to 130 days in his role at DOGE, which is primarily aimed at slashing federal spending. In April, he dismissed reports suggesting he would leave his role in the coming months, calling the rumours "fake news".