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The Latest Breaking News from Tara Sinclair

US Growth Figure Expected To Make For Tough Reading For Trump

US GDP figures for the first quarter are expected to show a sharp drop-off in growth -- and possibly even a recession -- reflecting a surge in imports before President Donald Trump's sweeping tariffs came into effect.

International Business Times

Trump announces puzzling new ‘External Revenue Service’ to collect tariffs, other foreign income

The man who wants to shrink the government will be adding a new agency performing tasks already covered by other agencies

The Independent UK

Trump voters are confident he will turn the economy around, new poll says: ‘He is a good businessman’

Donald Trump was convicted of felony charges related to falsifying business records earlier this year

The Independent UK

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Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting

The Independent UK

Retailers seize on Trump tariff fears and urge shoppers to buy now

President-elect threatened further tariffs on major U.S. trading partners earlier this week

The Independent UK

Goldman Sachs analyst spells out ‘significant consequences’ of Trump’s huge tariff plans

President-elect Donald Trump’s campaign focused heavily on ending inflation and lowering consumer costs

The Independent UK

Trump promised voters their incomes and net worth will soar. Economists are not convinced

Voters turned to Trump for a solution after finding themselves unable to afford the necessities for their families in a cost of living crisis

The Independent UK

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Retailers are already preparing for Trump’s tariffs that threaten to upend the economy

‘The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families,’ the CEO of the National Retail Federation warned

The Independent UK

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

The Independent UK

US inflation slows in July, clearing way for a cut in interest rates

The annual increase in inflation slowed to below three percent for the first time in nearly 3.5 years.

Al Jazeera

Which candidate's presidency had a bigger economic impact on Latinos? Politifact took a closer look

With both Trump and Biden trying to convince Latinos on how they advanced their rights, Politifact shows the administrations' efforts to be virtually identical

Latin Times

Calls to salvage Port Lincoln's historic fishing vessel, the Almonta, as it rots on seabed

The sinking of historic fishing boat, the Almonta, in Port Lincoln more than a year ago drew a crowd, some of who were in tears, as they watched helplessly as 60 years of stories and memories went under.

ABC News

Is inflation finally on the decline in the US? It’s complicated

Economists say inflation possibly hit its peak, and there are signs the pressures behind it are easing – but it’s hard to say what’s next

People

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National Retail Federation

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