Euro zone inflation rises to higher than expected 2%, weakening case for jumbo rate cut

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand

Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...

Business - MarketWatch - Yesterday

Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

Move by work and pensions secretary likely to cause concern among disability rights activists

World - Financial Times - October 17

Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike

Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.

Business - The Wall Street Journal - 6 days ago

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - 6 days ago

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - 6 days ago

Flesh-eating bacteria cases rise in Florida following recent hurricanes

Several counties in Florida are experiencing an unusual increase in Vibrio vulnificus, a bacteria that can lead to flesh-eating infections.

Bird flu cases rise to 31, but CDC says no person-to-person transmission

The number of people infected with bird flu in the U.S. has risen to at least 31, federal health officials said Thursday, but there is no evidence of human-to-human spread after blood tests ...

Politics - The Hill - 6 days ago

Trump’s tariffs pose a greater risk to markets than his tax cuts

They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.

Politics - The Hill - October 18

Target cutting prices on 2,000 items for cash-strapped shoppers ahead of the holidays

Target is lowering prices on more than 2,000 items across an array of categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.

Ericsson Expects Market to Stabilize as Key North America Sales Rise

The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...

Business - The Wall Street Journal - October 15

Reeves expected to focus rise in capital gains tax on share sales

Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gap

Business - Financial Times - October 16

Spain flood death toll expected to rise as weather warning systems criticised

Rescue workers are set to comb through debris in worst hit areas like Valencia, after at least 95 people were killed in deadliest floods in a generation. Rescue workers in Spain continued to search ...

World - The Guardian - 14 hours ago

Spain flood death toll expected to rise as dozens missing

Spain is enduring its worst flooding disaster in decades, with at least 95 people dead and dozens more missing.

Spain floods latest: number killed passes 150 as scientists say climate change ‘most likely explanation’

At least 155 people have reportedly died with more rain forecast for the flood-hit region of Valencia. Death toll expected to rise amid anger over preparedness People in Spain: have you ...

World - The Guardian - 3 hours ago

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