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International Business Times UK

Business

Niloy Chakrabarti

'Lower Rates Fast': Trump Warns Fed as US Stocks Drop After First Rate Hike Since 2023

US Federal Reserve United States Donald Trump Interest Rates Inflation

Trump says the US interest rate should be 1% or less, citing booming new investments in the country. (Credit: The White House)

US President Donald Trump made an unusual demand to the Federal Reserve, which hiked the target range for its federal funds rate by 25 basis points to 3.75% to 4% on Wednesday, marking the first increase since 2023.

He said in a Truth Social Post yesterday that interest rates in the US should be 1% or less, arguing that the country is the 'best credit' in the world, and booming with new investments.

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Top stories on inkl right now

Florida Catholic School Parents Seeking Religious Vaccine Exemptions Caught Between Bishops and the Attorney General Over Scholarships

Florida Catholic School Parents Seeking Religious Vaccine Exemptions Caught Between Bishops and the Attorney General Over Scholarships

Florida's attorney general and Catholic bishops clash over religious vaccine exemptions at scholarship schools. What the standoff means for parents.

California and the Justice Department clash as more than two dozen face federal charges in voter sweep: ‘what are they hiding?’

California and the Justice Department clash as more than two dozen face federal charges in voter sweep: ‘what are they hiding?’

The government wants a fair election.

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USMNT Given Major Injury Boost Ahead of Concacaf Nations League Quarterfinals

USMNT Given Major Injury Boost Ahead of Concacaf Nations League Quarterfinals

U.S. men’s national team manager Mauricio Pochettino will have a World Cup star back in his ranks.

Sports Illustrated

El Salvador’s Bukele announces military operation to rescue hostages held by gangs in Haiti

El Salvador’s Bukele announces military operation to rescue hostages held by gangs in Haiti

El Salvador’s President Nayib Bukele says he has launched a military operation to rescue four Salvadoran aviation technicians kidnapped by gangs in Haiti following an attack Sunday, threatening a more severe attack if they are not released alive and unharmed

The Independent UK

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Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

U.S. v. Santiago, decided Monday by Judge Chad Meredith (E.D. Ky.), involves this Instagram post: Santiago is being prosecuted for… The post Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury appeared first on Reason Magazine.

Flu Is Growing or Likely Growing in 46 States as CDC Rolls Out Local Tool to Spot Surges

Flu Is Growing or Likely Growing in 46 States as CDC Rolls Out Local Tool to Spot Surges

CDC estimates show flu is growing or likely growing in 46 states. See what the new local tracking tool shows and why it does not predict severity.

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Top stories on inkl right now

Florida Catholic School Parents Seeking Religious Vaccine Exemptions Caught Between Bishops and the Attorney General Over Scholarships

Florida Catholic School Parents Seeking Religious Vaccine Exemptions Caught Between Bishops and the Attorney General Over Scholarships

Florida's attorney general and Catholic bishops clash over religious vaccine exemptions at scholarship schools. What the standoff means for parents.

California and the Justice Department clash as more than two dozen face federal charges in voter sweep: ‘what are they hiding?’

California and the Justice Department clash as more than two dozen face federal charges in voter sweep: ‘what are they hiding?’

The government wants a fair election.

We Got This Covered

USMNT Given Major Injury Boost Ahead of Concacaf Nations League Quarterfinals

USMNT Given Major Injury Boost Ahead of Concacaf Nations League Quarterfinals

U.S. men’s national team manager Mauricio Pochettino will have a World Cup star back in his ranks.

Sports Illustrated

El Salvador’s Bukele announces military operation to rescue hostages held by gangs in Haiti

El Salvador’s Bukele announces military operation to rescue hostages held by gangs in Haiti

El Salvador’s President Nayib Bukele says he has launched a military operation to rescue four Salvadoran aviation technicians kidnapped by gangs in Haiti following an attack Sunday, threatening a more severe attack if they are not released alive and unharmed

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

U.S. v. Santiago, decided Monday by Judge Chad Meredith (E.D. Ky.), involves this Instagram post: Santiago is being prosecuted for… The post Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury appeared first on Reason Magazine.

Flu Is Growing or Likely Growing in 46 States as CDC Rolls Out Local Tool to Spot Surges

Flu Is Growing or Likely Growing in 46 States as CDC Rolls Out Local Tool to Spot Surges

CDC estimates show flu is growing or likely growing in 46 states. See what the new local tracking tool shows and why it does not predict severity.

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What’s Actually Made Fresh at the Grocery Store Bakery? The Answer May Surprise You

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Cyndi Lauper defends working with Nicki Minaj despite rapper’s support for Trump

Rapper has become one of the president’s most famous supporters

The Independent UK

Doctors Were the Butt of 40% of Facebook Doctor Jokes, but the Most-Liked One Skewered a Lawyer

Researchers combed 30,075 Facebook posts for doctor jokes. Physicians were the usual target, but the most-liked punchline hit a lawyer.

Fridge or not? What’s the best way to store bread?

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Not enjoying being a parent? You’re not alone. Here’s how to handle this complicated feeling

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The Conversation

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