Monetary policy committee member Saugata Bhattacharya said the proposed GST revamp will likely lower prices initially, but rising demand could trigger unpredictable second-round effects, making its ...

The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented ...

We're often told it is "unscientific" or "meaningless" to ask what happened before the Big Bang. But a new paper by FQxI cosmologist Eugene Lim, of King's College London, UK, and astrophysicists Katy ...

Major British retailers including Tesco, Sainsbury’s and Boots have issued a warning to Rachel Reeves that raising taxes in the autumn Budget could contradict her plans to improve UK living standards.

Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.

Ward is hardly the only parent facing sticker shock as they shop for kids going back to school. Online prices on apparel and ...

Tesco has raised the price of its lunchtime meal deal in the latest example of rising food prices in the UK. The price of a main, snack and drink has gone up from £3.60 to £3.85 for Clubcard holders ...

As of June 2025, the average effective tariff rate on U.S. imports stood at 8.9%, well below the firm’s 16% baseline expectation. However, duties collected between January and June already totaled $94 ...

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...

Some of the county’s biggest chains have signed a letter to the Chancellor sent by trade body British Retail Consortium.

In his words, it’s “crushing news” for America’s homebuyers. The breaking point? Inflation data. O’Leary pointed out that the ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.