The main customer for used bourbon barrels is the Scotch industry, which has been importing around £200m-worth each year. The ...

A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path ...

The Fed cut rates by 25 bps to 3.50–3.75%, marking a hawkish cut amid deep FOMC division and persistent uncertainty. Check ...

After cutting interest rates in September and October, the Federal Reserve should pause at its December meeting — the jobs ...

Federal Reserve Chair Jerome Powell has ended the final press conference of 2025, after the FOMC slashed interest rate for the third time this year.

The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the ...

Federal Reserve Chair Jerome Powell said Americans’ struggles with high living costs stem largely from the elevated inflation experienced in 2022 and 2023 rather than today’s slower price increases.

Central bank expected to keep rates steady through first half of 2026 as Macklem says economy ‘proving resilient overall’ ...

The US Federal Reserve FOMC cuts key interest rates by 25 bps to 3.50%-3.75% amid elevated US inflation on Wednesday, 10 ...

Tariffs are taxes on imports of goods, usually for purposes of protecting particular domestic industries from import competition. When an American business imports goods, U.S. Customs and Border ...

The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist.

The tariffs will apply to goods from China and other nations. Washington has been pressuring Mexico to move away from dealing with China.