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China announces record trade surplus despite Trump tariffs

China announces record trade surplus despite Trump tariffs2+ hour, 6+ min ago   (649+ words) China announced record export numbers for 2025, a year when US President Donald Trump's tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world's largest-ever trade surplus - the value of goods and services sold overseas…...

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Jerome Powell: World central bank chiefs declare support for US Fed chair

Jerome Powell: World central bank chiefs declare support for US Fed chair22+ hour, 20+ min ago   (765+ words) Central banks across the world have joined together to declare that they stand in "full solidarity" with the Federal Reserve's chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European…...

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Former Fed chairs condemn criminal investigation into Jerome Powell

Former Fed chairs condemn criminal investigation into Jerome Powell1+ day, 16+ hour ago   (827+ words) Three former heads of the US central bank on Monday decried a criminal investigation into chair Jerome Powell, calling it a bid to undermine the Federal Reserve's independence. In a public statement, Janet Yellen, Ben Bernanke and Alan Greenspan, and…...

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bbc.com > news > articles > c20zq87eng1o

Trump faces extraordinary moment in spat with Fed chair Powell

Trump faces extraordinary moment in spat with Fed chair Powell2+ day, 1+ hour ago   (812+ words) It is extraordinary enough to see the world's top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: "Is this an AI deepfake?" That…...

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bbc.com > news > articles > c4gv7vl06e1o

UK set for a 'booming' mortgage market, say analysts

UK set for a 'booming' mortgage market, say analysts2+ day, 1+ hour ago   (661+ words) Competition among lenders suggests that mortgage rates could be cut in the coming weeks, according to brokers and analysts. In a newly-published report, financial information service Moneyfacts said "expectations are high for a booming market in 2026". Its data shows the…...

bbc.com
bbc.com > news > articles > crmlkxjm88ko

Trump plan to cap credit card costs hits bank shares

Trump plan to cap credit card costs hits bank shares2+ day, 2+ hour ago   (593+ words) Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped. On Friday, Trump wrote on Truth Social that interest rates on cards should be limited to 10% for one…...

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US job creation in 2025 slows to weakest since Covid

US job creation in 2025 slows to weakest since Covid4+ day, 18+ hour ago   (587+ words) The number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world's largest economy drew to a close. Employers added 50,000 jobs in the final month of 2025, according to…...

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Martin Lewis on 'the most dangerous form of mainstream debt in the UK'

4+ day, 23+ hour ago   (26+ words) Martin Lewis explains how building up overdraft debt compares to credit card debt. Martin Lewis on 'the most dangerous form of mainstream debt in the UK'...

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bbc.com > news > articles > cp80l2ndz5yo

More businesses call to be included in pub rates backtrack

More businesses call to be included in pub rates backtrack5+ day, 13+ hour ago   (652+ words) High street shops, pharmacies and music venues have called on Rachel Reeves to axe the looming increases to business rates for them as well as pubs. The government is expected to announce a climbdown on the increases to business rates…...

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Government to water down business rate rise for pubs

Government to water down business rate rise for pubs5+ day, 20+ hour ago   (808+ words) A climbdown on forthcoming increases to the business rates bills faced by pubs in England is set to be announced by the government in the next few days. The government is expected to say it will make changes to how…...

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