RTE Business

US consumer inflation ticked up in May, in line with analyst expectations, government data showed today as President Donald Trump's sweeping tariffs began to ripple through the world's biggest economy.

The governor of the Central Bank has told politicians that it cannot refuse to facilitate the sale of Israel war bonds as doing so would break EU capital markets rules.

The Central Bank has warned about the effects of global uncertainty caused by US tariffs and its potential impact on the Irish economy.

There are important distinctions in law between those who occupy a premises under a tenancy or under a licence

New figures from the Central Statistics Office show that the median net wealth value of Irish households was €256,900 in 2023 - an increase of €58,500 or 29% on the 2020 value of €198,400.

Professor of Economics at Trinity College Dublin and author of the Daft.ie Rent Report Ronan Lyons spoke to RTÉ's Morning Ireland about the Government's plan for national rent controls.

New Central Statistics Office figures show a 12% increase in the number of electric cars licensed for the first time in May with new EVs increasing to 1,382 compared with 1,234 the same month in 2024.

New figures from Bank of Ireland show that debit and credit card spending rose by 6.5% year on year in May, which was well ahead of the rate of inflation of 2%.

Waste company Panda has opened a new €5m metals and plastics recovery system at its materials handling facility at Millennium Park in Dublin.

NAMA, the State body responsible for handling property loans from the financial crisis, plans to return more money to the taxpayer than previously expected.

Heathrow airport in London has called for "an honest conversation" about expansion after another record month for passenger numbers.

General Motors said it is planning to invest about $4 billion over the next two years at three US facilities in Michigan, Kansas, and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand.

Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk has said, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service.

European Central Bank chief Christine Lagarde warned today that "coercive trade policies" risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff that has wiped billions off markets.

British finance minister Rachel Reeves will divide up more than £2 trillion of public spending today in a speech she hopes will foster a sense of national renewal and make clear the year-old UK government's political priorities.

Australia's Qantas Airways will close its Singapore-based budget airline Jetstar Asia, the group said today, blaming rising supplier costs, high airport fees and strong regional competition.

Zara owner Inditex missed expectations for first-quarter sales and the start of summer trading today, heightening doubts over the fast-fashion retailer's ability to deliver strong sales growth in an uncertain economic environment.

Japan's Nintendo said today it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company's fastest-selling gaming device to date.

Employers in Ireland are implementing 'quiet redundancies' to scale back workforces in the face of uncertainty, tariffs and AI

Over €90 million in counterfeit food and drink products were seized across the European Union last year, according to the EU's Intellectual Property Office.