Gas prices set to rise as Trump tariffs hit Canadian and Mexican oil

Obamacare Enrollment Hits Record Ahead of Trump’s Return

Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.

The New York Times - Jan. 8

China’s currency hits 16-month low on Trump tariff fears

Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plans

Financial Times - Jan. 8

Will US markets keep rising under Trump?

Economic uncertainty and frothy valuations jar with investor optimism

Financial Times - Jan. 7

Services index shows big jump in prices for December as companies fear tariffs

The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.

CNBC - Jan. 7

Consumers could face price rises of 20% in 2025, trade experts warn

Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...

The Guardian - Jan. 7

‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.

The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.

MarketWatch - Jan. 7

Next blames clothes price rises on wage increases set out in Budget

The retailer expects employee costs to increase by £73m due in part to rising National Insurance

BBC News - Jan. 7

Trump cites tariffs in call to merge Canada, US

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...

The Hill - Jan. 6

Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs

Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...

NBC News - Jan. 6

Has Trump caused the Canadian prime minister to resign?

Justin Trudeau announced his resignation on Monday

BBC News - Jan. 6

Biden bans new offshore oil and gas drilling along most of US coastline

Action will protect 625mn acres of ocean as outgoing president seeks to bolster environmental legacy

Financial Times - Jan. 6

Trump: Washington Post report on tariff policy 'wrong'

President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...

The Hill - Jan. 6

Trump reportedly considering important alteration to tariff plans

President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.

CNBC - Jan. 6

China’s yuan hits 16-month low amid fears over Trump tariffs

CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...

The Guardian - Jan. 6

Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts

The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.

The New York Times - Jan. 6

Biden bans new offshore oil and gas drilling in most U.S. coastal waters

President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced.

CBS News - Jan. 6

UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds

Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.