Economy

Fact-Checking Trump’s Claim About Egg Prices

Fact-Checking Trump’s Claim About Egg Prices

President Trump, as he announced sweeping tariffs, batted away “very tired predictions” from critics of his economic agenda by citing a large decline in the price of eggs. “The price of eggs dropped now 59 percent, and they’re going down more and the availability is fantastic,” Mr. Trump said on Wednesday. The wholesale price of eggs has indeed fallen by …

Read More »

120,000 people have filled national insurance gaps to help boost state pension

120,000 people have filled national insurance gaps to help boost state pension

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Around 120,000 people have collectively topped up more than 260,000 years-worth of gaps in their national insurance (NI) …

Read More »

Are you a landlord? These are the costly mistakes you could be making

Are you a landlord? These are the costly mistakes you could be making

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Landlords are counting the cost of common and costly mistakes, from ill-judged renovations to mis-timed sales, a new …

Read More »

Russia’s Escape From Trump’s Tariffs Raises Questions

Russia’s Escape From Trump’s Tariffs Raises Questions

When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott Bessent told Fox News on Wednesday that Moscow was spared because sanctions imposed on the country after its full-scale invasion of Ukraine in 2022 mean that U.S.-Russian trade had effectively stopped. North Korea, Cuba and Belarus, which are …

Read More »

Savers and pension holders warned of risks of making ‘knee-jerk’ decisions

Savers and pension holders warned of risks of making ‘knee-jerk’ decisions

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Savers and pension holders have been warned of the risks of making “knee-jerk” decisions, after Donald Trump unveiled …

Read More »

Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy

Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy

Germany had hoped that a new government would revive its stagnant economy, but President Trump’s sweeping new tariffs are stoking worries that Europe’s biggest economy will fall short of its 0.3 percent growth expectations this year. Jörg Kukies, Germany’s finance minister, met with the U.S. Treasury secretary, Scott Bessent, and U.S. trade representatives in Washington last week, and said on …

Read More »

Not Even a Royal Invite Spared the U.K. From Trump’s Tariffs

Not Even a Royal Invite Spared the U.K. From Trump’s Tariffs

After all that — the chummy Oval Office meeting, the extraordinary royal invitation, the paeans to the “special relationship” — Britain and its solicitous prime minister, Keir Starmer, still got swept into President Trump’s tariffs, along with the European Union and other major American trading partners. Mr. Trump imposed his basic tariff of 10 percent on Britain, while hitting the …

Read More »

Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?

Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?

President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners. If kept in place, the import taxes will also launch an economic project of defiant nostalgia: an attempt to reclaim America’s place as a dominant manufacturing power. In the postwar heyday of American manufacturing, which …

Read More »