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Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence

Oil prices continued to sink on Wednesday after China said it would match President Trump’s tariffs blow for blow. The U.S. price dropped as low as $55 a barrel before recovering somewhat. The slide in crude prices signals deteriorating confidence in the strength of the economy. And while lower oil prices benefit consumers by, ultimately, […]

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Bob McManus, Blunt Editorial Voice of New York Post, Dies at 81

Bob McManus, the trenchant editorial page editor of The New York Post and a columnist for other conservative publications who prided himself on his unambiguous common-sense commentary about public policy and other topics, died on Saturday in Manhattan. He was 81. The cause of his death, in a hospital, was complications of bile duct cancer, […]

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Trump tariffs spark US government debt sell-off

Confidence in the US economy is plummeting as investors dumped government debt amid escalating concerns over the impact of Donald Trump’s tariffs. The interest rate on US bonds – traditionally considered a “safe haven” investment in times of crisis – spiked on Wednesday to touch the highest since February. Sweeping taxes on goods being imported […]

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Trump threatens to end pharmaceuticals tariff exemption

US President Donald Trump says he will soon announce “major” tariffs on imported pharmaceuticals, a move that could end decades of low-cost global trade in medicines. For years, most countries, including the US, have imposed few or no tariffs on finished drugs, thanks in part to a 1995 World Trade Organisation (WTO) agreement aimed at […]

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India’s Millions of New Investors Are Reeling From Tariff Turmoil

Millions of small investors have piled into India’s stock market in recent years, eager to build wealth by betting on the country’s economic growth. Catchy advertising and easy-to-open online trading accounts have wooed young people and retirees alike, demystifying investing and fueling the exuberance. This week, many of those investors got a rude shock — […]

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China Censors Hashtags Mentioning ‘104%,’ the Size of Trump’s Tariffs

Chinese censors appeared to be carefully curating public discussion about the U.S. tariffs that took effect on Wednesday. They promoted criticism of the United States, while seemingly playing down the specifics of how President Trump’s move would effectively increase import taxes on Chinese goods to 104 percent. On Weibo, a popular social media platform, several […]

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Adur & Worthing Councils offer grants to help with cost of living

Nathan Bevan BBC News, South East Getty Images Households claiming certain benefits and in energy-efficient properties are eligible (stock photo) Hundreds of households in West Sussex have benefited from cash grants to help with the cost of living. Adur & Worthing Councils said they had written to more than 600 households claiming Housing Benefit or […]

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