Latest in Government borrowing higher than expected as pressure builds on Reeves
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Government borrowing higher than expected as pressure builds on Reeves
The latest figures for the UK economy add pressure on Chancellor Rachel Reeves ahead of her Spring Statement next week.BBC News - 15h -
UK government borrowing overshoots expectations
Official figures will add to pressure on chancellor as she prepares for Spring Statement next weekFinancial Times - 16h -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - Mar. 12 -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - Mar. 12 -
February home resales jump much more than expected, despite higher mortgage rates
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors.NBC News - 1d -
February home resales jump much more than expected, despite higher mortgage rates
The median price of a home sold in February was $398,400, up 3.8% from the same time last year.CNBC - 1d -
UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement. Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push The UK ...The Guardian - Mar. 14 -
'We should be higher' - fit-again Kennedy eyes late Killie surge
Matty Kennedy is determined to help Kilmarnock make a late surge for the top six after returning from an injury lay-off that was a lot longer than expected. Kennedy has made the most of Killie's ...Yahoo Sports - Mar. 14 -
Bond market strains intensify for Reeves as investors await OBR’s verdict
Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yieldsFinancial Times - Mar. 12 -
How much student loan borrowers owe in every U.S. state—in one map
Student debt is pretty common. But average balances tend to be higher in certain states.CNBC - 4d -
What will be in the chancellor's Spring Statement?
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - Mar. 9 -
Manchester United to Build 100,000-Seat Stadium
The Premier League club has chosen to build a new venue rather than redevelop Old Trafford’s existing structure.The New York Times - Mar. 12 -
Monster Hunter Wilds Sales Are Way Higher Than World At Launch In The US
Monster Hunter Wilds launched in February and sold more than 8 million copies over its first three days, becoming Capcom's fastest-selling game ever. But how is it selling in the US? Also very ...GameSpot - 2d -
What should Reeves and Starmer say and do next?
The government needs to view the hard times coming upon us as an opportunity, as well as a crisisFinancial Times - 4d -
Reeves meeting regulators in drive to cut red tape
The chancellor will unveil plans to cut bureaucracy as the government continues its bid to slash red tape.BBC News - 4d -
Petoskey's Corey, a four-year starter in goal, not afraid of any pressure on the pitch
Any pressure that comes on game day, Petoskey's Sadie Corey welcomes it. As a four-year starter and all-state player, she's just the player to build around in 2025:Yahoo Sports - 2d -
Federal Reserve holds interest rates steady, citing higher economic uncertainty
The Federal Reserve said Wednesday it was leaving interest rates unchanged, signaling it wanted further clarity on the direction of the economy before changing borrowing costs for businesses and ...NBC News - 2d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - Mar. 7 -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - Mar. 12 -
WWE's European 'Road to WrestleMania 41' tour hit the ground running in Spain. What else should we expect?
Higher prices raise expectations, which begs the question: Will this expensive "Road to WrestleMania" tour with European flair live up to them?Yahoo Sports - 5d -
Record spring break travel expected despite higher costs
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.CBS News - Mar. 13 -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 4d -
Lululemon ‘surging higher than other brands’ on TikTok: analyst
Lululemon is gaining traction from introducing more new products and a favorable comparison to a softer performance last year, a Truist analyst notes.MarketWatch - 4d -
Which Social Security offices are expected to close this year?
Dozens of Social Security Administration offices across the country are expected to close this year as part of the Department of Government Efficiency’s (DOGE) cuts to the federal government. DOGE ...The Hill - 2d -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 5d -
Excitement builds for Newcastle's trip to Wembley
NUFC fans are hopeful as more than 32,000 head to London for the Carabao Cup final.Yahoo Sports - 6d -
Unpacking February's slight inflation cooldown
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent ...CBS News - Mar. 12 -
‘Stock vigilantes’ are more myth than reality
Trump’s administration has expressed more tolerance for the economic fallout from tariffs than expectedFinancial Times - 2d -
Cadillac expects one of every three vehicle sales to be EVs in 2025
Cadillac expects up to 35% of its U.S. sales this year to be EVs, as it continues to expand its lineup despite industrywide slower-than-expected adoption.CNBC - 3d -
Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation
Potential price pressure from trade war and debt-fuelled borrowing add to uncertainty, warns central bank presidentFinancial Times - Mar. 12 -
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.CNBC - Mar. 14 -
Retail sales increased 0.2% in February, though spending up less than expected
Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate.CNBC - 4d -
Independent government oversight is dying
The more than 45 years of bipartisan support for independent oversight — oversight that has demonstrably improved government services and saved billions of taxpayer dollars — may be coming to an end.The Hill - Mar. 12 -
Columbia under pressure to resist Trump administration demands
Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’Financial Times - 5d -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 1d -
US consumers’ long-term inflation expectations hit 32-year high
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest ratesFinancial Times - Mar. 14 -
Darden Restaurants sales disappoint as Olive Garden, LongHorn Steakhouse miss expectations
Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections.NBC News - 1d -
Higher medicine sales tax makes UK ‘uninvestable’, drugmakers warn
Industry lobby group calls for action from government ahead of summit in AprilFinancial Times - 2d -
Details on House GOP bill to avoid government shutdown
House Republicans are expected to vote on a stopgap measure to prevent a government shutdown this week. CBS News congressional correspondent Caitlin Huey-Burns reports.CBS News - Mar. 10 -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - Mar. 14