His entry has raised concerns over the Fed’s independence, following Trump’s bid to reshape the central bank.
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Beauty chain Bodycare to shut a further 30 stores
Administrators say they are hopeful the chain’s remaining 85 stores can be saved.
Inflation is hitting some Americans harder than others
Rising prices, partly driven by tariffs, could worsen a divide in the US economy between the haves and the have-nots.
Trump renews push to end companies’ quarterly reports
The US president urges regulators to adopt a semi-annual schedule for financial reports.
Google-owner reveals £5bn AI investment in UK ahead of Trump visit
Google’s President and Chief Investment Officer Ruth Porat tells the BBC there are “profound opportunities in the UK”.
US-China trade talks set for day two as TikTok deadline looms
The negotiations are the latest attempt to end a trade war between the world’s two biggest economies.
US farmers are being squeezed – and it’s testing their deep loyalty to Trump
Why so many corn belt Americans continue to back Trump, even while feeling economic pressure driven partly by his trade
New wave of US investment to create up to 1,000 jobs
Bank of America is set to create up to 1,000 new jobs in Belfast, marking its first operation in Northern
‘Killer’ child car seats still on sale 10 years on
Which? advised families to buy approved seats with a clear orange label indicating they are safe.
Unlimited contactless cards may lead to spending sprees
Spontaneous spending is likely to rise if the £100 limit on contactless cards is scrapped, academics say.