Latest in Low growth and higher borrowing costs have blown the numbers off course, says Faisal Islam
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Low growth and higher borrowing costs have blown the numbers off course, says Faisal Islam
The Spring Statement is "not a Budget", but the chancellor is facing major tax and spending challenges.BBC News - 3d -
Faisal Islam: Could surprise on growth save the day?
The UK's economic prospects are better than expected, but the forecasts are precarious and could easily be derailed.BBC News - 2d -
Faisal Islam: Hundreds of thousands will be affected by benefits changes
These plans are more geared towards making budgetary numbers add up than fundamental welfare reform.BBC News - Mar. 18 -
Rory McIlroy determined not to be blown off course in Players Championship quest
Strap in – Sawgrass is about to turn into a wind tunnel. Gusts of up to 35mph are forecasted to sweep over the Stadium Course on the weekend, as glorious Ponte Vedra is transformed into Pontypridd.Yahoo Sports - Mar. 14 -
Globalisation may have run its course in current form, says HSBC chair
Trade tensions in era of Trump tariffs create serious potential risk to global growth, warns Sir Mark Tucker. Globalisation “may have now run its course” in its current form, according to the chair ...The Guardian - 4d -
Faisal Islam: Trump is no longer swayed by the stock markets
The assumption that the US president would row back on policies if shares fell no longer holds true.BBC News - Mar. 11 -
Rubio says at least 300 foreign students' visas have been revoked
Secretary of State Marco Rubio said Thursday that at least 300 foreign students have had their visas revoked amid the Trump administration's immigration crackdown, a far higher number than was ...The Hill - 1d -
J.F.K., Blown Away, What Else Do I Have to Say?
Why the newly released documents won’t put out the fire.The New York Times - Mar. 19 -
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 - Mar. 19 -
Wells Fargo's strong rebound rally continues. How we're playing the move higher
Traders on Monday brushed off price target cuts and, instead, focused on signals that the U.S. may avoid starting a full-blown trade war.CNBC - 4d -
Track preview: Southeastern boys return experience, girls' numbers up
The Southeastern boys return experience with seniors and juniors, while the girls have higher numbers than in the past.Yahoo Sports - Mar. 19 -
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 -
Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.Los Angeles Times - Mar. 19 -
Democratic Party’s favorability hits record low: Poll
The Democratic Party’s favorability rating has hit a record low, according to a CNN survey released Sunday. The survey, conducted March 6-9, shows 54 percent of surveyed U.S. adults say they have ...The Hill - Mar. 16 -
China’s Xi urges global CEOs to protect trade supply chains; UK’s 2024 growth revised higher, but households hoard cash – business live
Rolling coverage of the latest economic and financial news. Over in Germany, the number of people out of work has risen at the fastest rate since October of 2024. . The German labour office said ...The Guardian - 1d -
Interest rates will go down gradually, says Bank
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.BBC News - Mar. 20 -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - Mar. 11 -
Treasury Department is set to lay off a 'substantial' number of employees, official says
The department is planning to furlough workers as part of Elon Musk's efforts to shrink the size of the federal government.CNBC - 3d -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - Mar. 10 -
Robins have to 'believe' in play-off race - Johnson
Former Bristol City manager Gary Johnson says the club needs to "believe" they can reach the play-offs going into the final stretch.Yahoo Sports - 4d -
The Fed holds rates firm—here's what it means for your money
Borrowing costs will drop slightly by the end of 2025, says a newly revised forecast by the Federal Reserve.CNBC - Mar. 19 -
Easter egg costs soar by up to 50%, Which? says
The consumer group says many chocolate treats have shot up in price while several have been hit by "shrinkflation".BBC News - 2d -
'Borrowers have zero power:' Trump moving student loans to SBA sparks concern, confusion
President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling those affected, who say it is prime evidence that the White House has no ...The Hill - 4d -
The Fed Sees Higher Inflation and Lower Growth
Also, Zelensky agreed to a limited cease-fire in a call with Trump. Here’s the latest at the end of Wednesday.The New York Times - Mar. 19 -
UK universities face rising risk of bankruptcy, says regulator
Fewer international students and higher staff costs are taking an increasing toll, according to the Office for StudentsFinancial Times - Mar. 20 -
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 - Mar. 21 -
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 -
Treasury planning to lay off 'substantial number' of employees
Treasury Department officials said Tuesday they are planning to lay off a “substantial number” of employees, as outlined by President Trump’s February executive order that aims to implement the ...The Hill - 2d -
Student loan borrowers confused by suspension of some repayment plans
Recent changes to student loans have caused confusion and uncertainty around recertification process for borrowers enrolled in repayment plans.CBS News - Mar. 14 -
How to get equity out of your home without refinancing this spring
Want to borrow home equity without having to give up your low mortgage rate? Here's how to do so this spring.CBS News - Mar. 12 -
How to manage your student loan payments after a layoff
Student loan borrowers who are unemployed have a number of relief options available to them, despite current challenges to the system.CNBC - Mar. 17 -
Rory McIlroy shares hope for Tiger Woods' recovery from Achilles injury: 'It sucks ... doesn't have much luck'
Woods and McIlroy have become close off the course, but after Tiger's injury, it's unlikely they play together again until 2026CBS Sports - Mar. 12 -
More say executive branch, courts have too much power: Survey
A new NBC News poll found that a growing number of Americans are concerned the White House and federal courts have too much power, with 43% of respondents saying the executive branch has too much ...The Hill - Mar. 19 -
Why you need a number nine to challenge - Rooney
MOTD2 pundit Wayne Rooney says Manchester United's draw with Arsenal was a reminder that both sides have problems up front.BBC News - Mar. 10 -
Ways to spend — and save — as interest rates stay high and tariffs mount
Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say.NBC News - Mar. 20 -
Ulta Beauty CEO says investments in growth ‘will take time’ to pay off, but shares still rally
Beauty-products retailer Ulta Beauty’s stock climbed after hours Thursday, after the company offered a full-year forecast that was shy of Wall Street’s estimates but fourth-quarter results that ...MarketWatch - Mar. 14 -
More older women becoming first-time moms amid U.S. fertility rate declines
As U.S. fertility rates continue to slide, a growing number of women older than 40 are having children, and a record low number of teenagers are giving birth.NBC News - Mar. 18 -
Trump says crypto will 'unleash an explosion of economic growth'
President Trump offered praise for the crypto world Thursday, suggesting the industry will “unleash an explosion of economic growth.” “Pioneers like you will be able to improve our banking and ...The Hill - Mar. 20 -
Canada says China executed an unspecified number of Canadians earlier this year
Canada's government says China executed an unspecified number of Canadians earlier this yearABC News - Mar. 19 -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - Mar. 12
