Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages US mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing market that has endured years of high interest rat

One of the largest labor unions in the US targets eight battleground states in ‘workers v billionaires’ campaign The International Association of Machinists and Aerospace Workers (IAM), one of the largest labor unions in the US, has launched a “workers v billionaires” political campaign tour

President made more than 440 purchases and 700 sales despite voter anger over elected officials trading stocks Donald Trump made over a thousand stock sales and purchases worth between $79m and $270m in July, according to a Guardian analysis of his latest financial disclosure released Tuesday. His t

But industry trade group says plan would backfire and lead to even higher prices for gasoline US politics live – latest updates Donald Trump on Tuesday said he backed ⁠the idea of a ban on diesel exports, which some US politicians are calling for ⁠as a way ⁠to curb ​the soaring cost of ene

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry Warnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse , it is still worth asking if the entire AI-industrial complex i

Fed chair presided over unanimous decision to raise interest rates despite intense campaign from White House In the end, Kevin Warsh’s Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to prov