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Asos demands £7m in tariff refunds from US as firms rush to make claims

Hundreds of thousands of firms could potentially win back some money after the tariffs were struck down.

Industry

Annual UK borrowing falls by £20bn but Iran war clouds outlook

The improvement in government finances is unlikely to last, analysts say, with the impact of the Iran way yet to hit.

Industry

Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him

But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes.

Industry

Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him

But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes.

Industry

Trump extends Iran ceasefire — but market focus has already drifted elsewhere

Prospects for further negotiations remain uncertain, with Tehran and Washington offering conflicting signals on the ceasefire's status.

Industry

Trump extends Iran ceasefire — but market focus has already drifted elsewhere

Prospects for further negotiations remain uncertain, with Tehran and Washington offering conflicting signals on the ceasefire's status.

Industry

Oil prices fluctuate as status of US-Iran peace talks remains unclear

US President Donald Trump said he will extend a ceasefire with Iran until peace talks have progressed.

Industry

Tariff refunds begin on Monday. These retailers are due big paydays

U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.

Industry

Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence

Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.

Industry

Fed Chair nominee Warsh says monetary policy should remain independent, but Fed must 'stay in its lane'

Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.

Industry

Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence

Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.

Industry

'Resumption of hostilities': Seized ship, vessel attacks push U.S.-Iran ceasefire toward brink

A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.

Industry

'Resumption of hostilities': seized ship, vessel attacks push U.S.-Iran ceasefire toward brink

A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.

Industry

Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.

Industry

Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.

Industry

New York Fed President Williams worries war will slow growth, aggravate inflation

Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.

Industry

New York Fed President Williams worries war will slow growth, aggravate inflation

Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.

Industry

UK economy grew 0.5% in February, beating economists' expectations by a long shot

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.

Industry

UK economy grew 0.5% in February, beating economists' expectations by a long shot

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.

Industry

Japan pledges $10bn to help Asian countries deal with oil crisis

The aid is roughly equivalent to a years worth of crude oil imports by Asean countries.

Industry
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