Article content (Bloomberg) — Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada. Article content Bullion rose as much as 0.2% to $2,799.65 an ounce after prices jumped 1.3% on Thursday, blowing past the previous all-time peak set in […]
Article content (Bloomberg) — Average UK water bills are set to rise 26% from April, the biggest ever increase for households and business still feeling the sting of a cost-of-living crisis. Article content The industry association Water UK announced details of the hike, which is adjusted to inflation, following industry regulator Ofwat’s final price determinations […]
Breadcrumb Trail Links PMN Business It’s not a skip, it’s a pause — and maybe an extended one. Author of the article: Bloomberg News Jonnelle Marte and Catarina Saraiva Published Jan 29, 2025 • 3 minute read nqe8h8u4uqve5sn]twcoj91i_media_dl_1.png Bureau of Economic Analysis Article content (Bloomberg) — It’s not a skip, it’s a pause — and […]
Breadcrumb Trail Links PMN Business President Donald Trump has boasted about bringing a more transactional approach to his relationship with world leaders. Just over a week into his second term, many have shown they’re eager to make the deals he treasures. Author of the article: Bloomberg News Iain Marlow Published Jan 29, 2025 • 4 […]
Article content (Bloomberg) — A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among items being targeted for review under a government-wide spending freeze ordered by the Trump administration. Article content The initiatives are listed in a 52-page document from the White House Office of […]
Article content (Bloomberg) — Oil steadied as traders weighed the potential market fallout from President Donald Trump’s plan for tariffs on imports from major US crude supplier Canada and other countries, as well as the outlook for stockpiles. Article content Brent held above $77 a barrel after a modest gain on Tuesday, while West Texas […]
Breadcrumb Trail Links PMN Business Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy. Author of the article: Bloomberg News Jonnelle Marte Published Jan 28, 2025 • 3 minute read qty}bmsb[58oa{n6iie0v}6l_media_dl_1.png Bureau of […]
Breadcrumb Trail Links PMN Business The UK plans to allow companies to invest pension funds surpluses in order to unlock billions of pounds to help drive economic growth, Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves will tell executives at some of Britain’s biggest firms on Tuesday. Author of the article: Bloomberg […]
Article content (Bloomberg) — UK food prices climbed at the fastest pace in nine months at the start of 2025, adding to a growing list of inflation threats for the Bank of England to grapple with at its crucial meeting next week. Article content The British Retail Consortium warned consumers to expect inflation to return […]
Article content (Bloomberg) — Oil steadied — after sinking by nearly 2% on Monday — as US President Donald Trump threatened to introduce a wide-ranging set of tariffs on imports, including potentially on some key industrial commodities. Article content Brent crude traded near $77 a barrel, while West Texas Intermediate was above $73. Trump said […]