Trump’s tariffs are slowly finding their way into consumer prices
A key Bureau of Labor Statistics inflation report showed price increases for a variety of tariff-sensitive items.
Economic news
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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
The consumer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
European Central Bank leaves rates unchanged as tariff fallout lingers
The ECB was widely expected to hold its key deposit facility rate steady.
Watchdog coaches small firms to break Big Four audit stranglehold
UK Financial Reporting Council launches programme to help smaller auditors tackle listed companies
Trump’s war on offshore wind raising ‘sovereign risk’ for foreign investors
Critics warn the harassment of overseas companies jeopardises the US president’s goal of attracting investment
Aspiration Partners’ collapse leaves trail of losses from Hollywood to Wall Street
Fintech lured investors with progressive causes but now faces scrutiny over payments to basketball star