Latest in Millions to see mortgage costs rise, says Bank
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India’s central bank governor says economy ‘well placed’ to handle shocks
RBI chief Shaktikanta Das believes economic fragmentation, protectionism and tariffs are among the biggest threatsWorld - Financial Times - 4 days ago -
Trump tariff on China could lower global inflation, says UK economist
Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere. Donald Trump imposing massive US tariffs on Chinese imports could drag down global inflation ...World - The Guardian - 4 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Lead poisoning costs world's children 765 million IQ points a year: Study
Low-level lead poisoning remains pervasive in the U.S. and world populations despite decades of efforts to end the use of lead in infrastructure, according to a study by researchers at Columbia ...Politics - The Hill - October 30 -
Bills' new stadium costs balloon to $2.1 billion, $560 million over initial estimate, team tells AP
The projected cost of the Buffalo Bills' new stadium has ballooned to what team officials told The Associated Press is “north of $2_1 billion.”Sports - ABC News - November 15 -
Macy’s employee hid up to $154 million in delivery costs, and stock takes a dive
Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses during a three-year period.Business - MarketWatch - 4 days ago -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
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Cost of Mpox Shot Deters Americans at Risk, Critics Say
The epidemic in Africa continues to grow, prompting fears of another outbreak in the U.S. But the vaccine is no longer free, and vulnerable people are going without.Health - The New York Times - November 4 -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Bat safety shed will cost £100m, says HS2 chairman
Sir Jon Thompson tells a conference there is "no evidence high-speed trains interfere with bats".Top stories - BBC News - November 7 -
Ukrainian Soldiers Say Trump's Peace Push Could Come With a Huge Cost
A rapid conclusion to the war now would likely leave Kyiv with the rough end of the deal.World - The Wall Street Journal - November 8 -
'Outside the box' - Boss Beard says penalty decision cost Reds derby
Liverpool manager Matt Beard says the officials "let them down" after referee Abigail Byrne awarded a penalty to Everton when Fuka Nagano clipped Honoka Hayashi as replays showed the foul appeared ...Top stories - BBC News - November 18 -
Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.Business - MarketWatch - November 14 -
2-year Treasury yield sees biggest monthly rise since February 2023
Treasury yields finished little changed on Thursday after a closely followed inflation reading, but booked solid monthly increases.Business - MarketWatch - October 31 -
10-year Treasury yield posts huge leap to 4.43% on Trump win, possible GOP Congress sweep
The pop for bond yields comes as the Trump win carries expectations that more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.Business - CNBC - November 6 -
Treasury yields rise by most in a week amid focus on prospects for U.S. economy
U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.Business - MarketWatch - November 20 -
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K-pop record label sees valuation drop by $420 million on NewJeans exit
Hybe saw its share price drop by 7% after NewJeans announced plans to cut ties with the label over alleged mistreatmentBusiness - MarketWatch - 9 hours ago -
NYT says public may not see political needle on election night
The New York Times’s signature election needle may not be available to the public as results come in Tuesday night amid an ongoing strike by the outlet’s technology staff, the paper’s election ...Politics - The Hill - November 5 -
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Nvidia Says Its Blackwell Chip Is Fine, Nothing to See Here
Chip production delays and a rumored overheating issue haven’t slowed down Nvidia, which reported another quarter of blockbuster earnings and said Blackwells are now in the hands of Microsoft and ...Tech - Wired - November 21 -
Lucy Letby's dad 'made threats' in meetings with hospital CEO
Tony Chambers waited for more than a year before contacting police about the neonatal nurse.Top stories - BBC News - 2 days ago -
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...World - The Guardian - November 21 -
Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says
Millennials plan to spend more than any other generation for the holidays, a new survey says. But using credit cards or payment plans may come at a high cost.Business - CNBC - 5 days ago -
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...World - ABC News - October 30 -
Middle East latest: Officials in West Bank say Israeli raid has killed 3
Palestinian officials said that an Israeli military raid in the occupied West Bank killed at least three peopleWorld - ABC News - October 31 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31
