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First edition of The Hobbit sold for €49,000

A 'rare' first edition copy of JRR Tolkien's The Hobbit, found during a Bristol house sale, has sold at auction for £43,000 (€49,000). According to auction house Auctioneum, it is just one of 1,500 copies printed in September 1937 and…

Trump’s tariffs will make poverty worse

President Donald Trump warned of the “transition cost” from his tariff policies, as Wall Street stocks fell again over the worsening trade war with China.Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for…