Beef prices across the United States have surged to record levels, turning a grocery staple into a political flashpoint. Donald Trump, who once insisted that inflation was “dead,” now faces rising criticism as beef costs threaten his promise to lower food prices. This week, he called on ranchers via social media to cut cattle prices. His push — and other policy proposals from his administration — have sparked anger among ranchers, who warn that these measures could harm their livelihoods while doing little to ease consumer costs. Declining herds and rising costs The US cattle industry has been shrinking for…
Author: Grace Johnson
US President Donald Trump will meet Chinese President Xi Jinping in South Korea on 30 October. The White House confirmed the meeting, which will take place on the sidelines of a major Asian summit. The encounter has been in preparation for weeks but was threatened by rising tensions between Washington and Beijing. It will mark the first in-person meeting between the two leaders since Trump returned to office. Trump recently warned he would impose a 100% tariff on Chinese imports in November if Beijing does not ease its restrictions on rare earth exports. White House confirms agenda for Gyeongju talks…
Tesla achieved its highest quarterly revenue, yet profits dropped significantly. Rising tariffs, increased research costs, and global competition weighed on earnings despite strong demand. Revenue soars, profits fall For the quarter ending September, Tesla reported $28 billion (£21 billion) in revenue, up 12% from last year. Profits fell 37% due to higher tariffs and growing research and development expenses. Investors reacted cautiously. Tesla shares fell 3.8% in after-hours trading. Despite the drop, the company’s market value remains around $1.4 trillion, backed by confidence in Elon Musk’s ambitions in AI and robotics. Tax credit rush boosts US sales Tesla reversed a…
U.S. economic growth is receiving a boost from increased investment in manufacturing and related industries, according to a recent White House summary. Both domestic and foreign capital inflows are fueling job creation, innovation, and new business opportunities, strengthening the country’s medium-term growth outlook. The investment surge spans multiple sectors, including advanced manufacturing, technology, and industrial infrastructure. Companies are expanding operations, adopting new technologies, and increasing production capacity to meet growing domestic and international demand. These investments are helping to reinforce U.S. competitiveness in global markets. Foreign investment plays a key role in this trend. International firms are allocating capital to…
Donald Trump said he did not want a “wasted meeting” after abandoning plans for direct talks with Russian President Vladimir Putin about the war in Ukraine. Speaking at the White House on Tuesday, the US president said Moscow’s refusal to halt fighting along the current front line blocked any chance of meaningful progress. White House halts Budapest summit A White House official confirmed there were “no plans” for a Trump-Putin meeting “in the immediate future.” The statement came only days after Trump had announced the two leaders would meet in Budapest within two weeks. This week exposed growing differences between…
Amazon Web Services (AWS) announced late Monday that it had resolved a major outage that left thousands of websites and apps offline around the world for much of the day. More than 1,000 platforms — including Snapchat and banks like Lloyds and Halifax — went down after technical failures struck Amazon’s cloud network in the United States. Downdetector, a global outage tracker, reported more than 11 million user complaints during the disruption. Experts said the incident exposed the risks of relying too heavily on a few dominant cloud providers. A single fault disrupts millions Professor Alan Woodward from the University…
President Donald Trump posthumously presented the Presidential Medal of Freedom to conservative activist Charlie Kirk during a ceremony in the White House Rose Garden. The award recognized Kirk’s efforts in engaging and inspiring young Americans within the conservative movement. Trump praised Kirk for his dedication to promoting civic engagement and shaping the next generation of political leaders. The President noted that Kirk had become a central figure in modern conservative activism and had a lasting influence on youth participation in politics. “Charlie Kirk worked tirelessly to empower young Americans to get involved in politics,” Trump said. “His impact will be…
After 11 months and 35 matches, Rúben Amorim finally experienced his defining moment at Manchester United. The Portuguese coach had once admitted his side might be “the worst in the club’s history.” His job appeared fragile, criticism relentless, and only Sir Jim Ratcliffe’s public support steadied him. Then came Anfield — the place where United’s rivals have dominated for years. There, Amorim’s team showed they could fight again. A triumph born from resilience This was no luck-driven victory like last December’s win at Manchester City. United began with purpose and intensity. Bryan Mbeumo scored early, giving the side confidence, and…
When Kerry Dunstan and his partner went shopping for an electric car this summer, one question mattered most: “How’s the battery?” They found a 2021 Nissan Leaf with 29,000 miles. The dealer said its state of health (SOH) was still 93%. That convinced them. For £12,500, they bought a spacious, practical electric car suitable for family and luggage. Dunstan, a cabinetmaker who also owns a stylish electric Volvo SUV, admits the Leaf doesn’t excite him. “I like cars with flair – this one’s a bit bland,” he says. Still, he’s satisfied. “It has performed exactly as I expected,” he adds.…
Lamborghini’s chief executive says the brand’s identity still depends on the sound, power, and emotion of petrol engines. The Italian supercar maker plans to keep them for at least another decade before fully moving to electric. Hybrids take the spotlight At Lamborghini’s London showroom, CEO Stephan Winkelmann said enthusiasm for electric vehicles is declining. He believes this creates an opportunity to focus on hybrid technology that balances performance with emotion. Within weeks, Lamborghini will decide whether its upcoming grand tourer, the Lanzador, will launch as a fully electric car or a plug-in hybrid. Winkelmann said the company remains socially responsible…