If you thought bipartisanship has quickly become a rarity in Westminster, it’s all but evaporated in Washington DC. Joe Biden’s State of the Union address on Tuesday evening was widely well received. Watching Democrats and Republicans up on their feet – applauding the Ukrainian ambassador to the US and the fight for freedom she represented…
The US government is just 19 days away from running out of money and careering into a historic default on its debt – considered one of the world’s safest assets. US Treasury Secretary Janet Yellen revealed on Tuesday that, come October 18, she will exhaust her budgetary tricks keeping the lights on, as Congress is…
A shock jump in US inflation to its highest level in 13 years stoked fears of price pressures boiling over, turning up the heat on the Federal Reserve’s rate-setters. Fears of the world’s biggest economy overheating were fuelled by the consumer price index (CPI) unexpectedly jumping from 5pc to 5.4pc in June – the largest…
