A hidden force is quietly driving up the cost of everything from your summer vacation to your weekly grocery bill: a weak US dollar. The dollar has fallen about 10% against other major currencies since President Donald Trump returned to the White House, potentially playing a role in Americans’ concerns about affordability. “It’s a kind…
Supreme Court struck down President Donald Trump’s sweeping tariffs U.S. stocks rose modestly in temporary trading Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had earlier contributed to market volatility, the AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500…
BP has reported a 16% drop in annual profits after the collapse of wholesale oil prices through the end of 2025. The company, which is awaiting the arrival of a new chief executive in April amid a renewed campaign for oil and gas earnings, reported a net profit of $7.5bn (£5.5bn). BP said it had…
