Economics

Economics

A shopper places a bottle of milk in a supermarket trolley filled with groceries.
Food spending saves festive shop sales after non-food falls flat

December retail sales were up 1.2 per cent year on year but consumers held out for January discounts before spending on clothes and big-ticket items

34 minutes ago

Donald Trump looks on as Jerome Powell, his nominee to lead the Fed, moves to the podium.
Former heads of US Fed condemn criminal inquiry into Jerome Powell

Sebastian Siemiatkowski, CEO and Co-Founder of Klarna, giving a thumbs up at the NYSE.
Klarna boss backs Trump’s interest rate cap on credit cards

U.S. President Donald Trump and Federal Reserve Chair Jerome Powell touring the Federal Reserve Board building.
U.S. President Donald Trump and Federal Reserve Chair Jerome Powell touring the Federal Reserve Board building.
Prosecutors launch investigation into Federal Reserve and chair Jerome Powell

Sebastian Siemiatkowski, CEO and Co-Founder of Klarna, giving a thumbs up at the NYSE.
Sebastian Siemiatkowski, CEO and Co-Founder of Klarna, giving a thumbs up at the NYSE.
Klarna boss backs Trump’s interest rate cap on credit cards







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Jan 12, 2026
Portrait of Mehreen Khan.
Welcome back to the past with US tariffs and state capitalism

In President Trump’s world, trade is not an instrument for peace but for conflict and rivalry between empires and their spheres of influence

The Times



Jan 11, 2026





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