Is England right to introduce a tourism tax?
Bath in Somerset is a favourite with tourists. Denny Friday Studio/ShutterstockSupporters tend to call it a “visitor levy”. Detractors prefer to call it a “tourist tax”.
National/regional news and analysis
Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision
This month, the president threatened to halt a broad swath of trade if interest rates were not cut, a possibility he resurfaced on Wednesday.
Fed Raises Rates in First Major Step by Warsh to Contain Inflation
The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.
Global Economy Is Running Out of Wiggle Room
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
The US sells more to Brazil than it buys – but Trump is slapping steep tariffs on its exports anyway
As Brazil's trade with the U.S. declines, its trade with China continues to climb.
The Fed Raised Rates. What Comes Next?
Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.
Takeaways From the Fed’s Decision to Raise Interest Rates
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
US consumers and businesses are now facing a future of more expensive borrowing
Federal Reserve Chair Kevin Warsh has recently emphasized the importance of bringing inflation back down to its target of 2%. AP Photo/Mark SchiefelbeinFrom mortgages to auto loans to credit cards, borrowing is set to get even pricier.
How the Fed’s Interest Rate Increase Affects Your Finances
The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
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