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Latest US news, world news, sports, business, opinion, analysis and reviews from the Guardian, the world's leading liberal voice
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News
US consumers faced more high prices in August as Iran war raised energy costs
2+ day, 22+ hour ago (667+ words) Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, rose to 2.4% US consumer prices remained stubbornly high in August as the end of the ceasefire between the US and Iran pushed energy prices…...
Wiped out: US faces surging toilet paper prices amid trade war with Canada
2+ week, 5+ day ago (639+ words) Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products? We’d like to hear from you Using the bathroom or having a cry is about to become more expensive for…...
Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
2+ week, 6+ day ago (1279+ words) Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it Over here, Andy Burnham has backtracked on his proposal to rip up the…...
US Treasury’s Scott Bessent ‘making mistake’ interfering with bond markets, former mentor warns
2+ week, 6+ day ago (405+ words) Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury…...
Housing tax changes lead to a massive increase in stories about rents going up | Weekly Beast
3+ week, 3+ day ago (1268+ words) Some publications seized on modelling about returns to property investors, despite unequivocal denials they were forecasts of rent rises. Plus: what happened at the Ekka? Brace yourself, The Australian warned on Tuesday, citing a note from the National Australia Bank…...
US Treasury bond yields tumble after Scott Bessent steps in to calm market – business live
3+ week, 5+ day ago (1736+ words) US Treasury department announces it will ‘at least’ double its government debt purchases The accelerated buyback will start on 9 September and run until 4 November. The US Treasury department said: double quotation markThis increase in buyback operation sizes reflects Treasury’s desire…...