Holiday

The president’s substantial holiday gifts to four White House aides were made public via financial disclosures released by the administration Donald Trump gave sizable holiday gifts to four White House aides, according to new financial disclosures released by the administration, including $45,000 to executive assistant Natalie Harp.Communications adviser Margo Martin and deputy director of Oval Office operations Chamberlain Harris also received $45,000, while director of Oval Office operations Walt Nauta received a $20,000 gift. Continue reading...

• The US economy will release two major inflation reports this week, with the Producer Price Index (PPI) on Thursday and the Consumer Price Index (CPI) on Friday. • Friday's CPI report is particularly anticipated after the previous week's strong jobs report, which may indicate a potential shift in inflation trends. • A high CPI reading could impact interest rates and the overall economy, affecting consumers and investors alike.

Belarusian said to have had tourist visa issued by Italy is investigated over alleged attempt to attack Leipzig airportEurope live – latest updatesGermany is urging its European partners to introduce tighter limitations on Russian citizens entering the EU on tourist visas, after recent sabotage attacks which Berlin has blamed on Moscow.German authorities are investigating a Belarusian national, who also holds a Russian passport, over the alleged attempt to attack Leipzig airport using drones and explosives. Continue reading...

• European government bond markets are experiencing a significant sell-off, leading to a sharp rise in yields across the region. • Investors are reacting to a combination of escalating inflation risks, economic growth uncertainty, and a widespread political reluctance to implement fiscal belt-tightening. • While the drivers differ slightly from those in the United States, the volatility reflects a broader global trend of instability in debt markets.

ABS’s snapshot of Australia’s accounts shows economic growth – albeit low – in the face ‘challenging international circumstances’Get our breaking news email, free app or daily news podcastThe Australian Bureau of Statistics released its latest set of national accounts, which give us a snapshot of how the economy is performing in the quarter, and what’s happening under the hood.Here are the three things you need to know. Continue reading...

Average cost of petrol reaches 161.6p a litre, while diesel costs average of 183.4p, according to the AAUK petrol prices have hit their highest level since 2022, piling more financial pressure on motorists before the bank holiday weekend.The average cost of petrol has reached 161.6p a litre, while diesel costs an average of 183.4p a litre, according to the breakdown company the AA. Continue reading...

As research suggests six weeks of childcare can cost £1,145, parents are relying on spreadsheets, savings and sharing the loadThe summer holidays are in full swing, bringing the annual challenge many parents face in balancing work and looking after school-age children. With children off school for about 13 weeks a year, but most employees entitled to far less annual leave, parents have told the Guardian that the sums simply do not add up.New research suggests arranging six weeks of holiday childcare can cost working parents up to £1,145 a child, while almost three-quarters of parents say the summer childcare juggle can damage their career. Continue reading...