Latest in Rise in UK economic inactivity since Covid is genuine, says ONS chief
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Trump will want a good deal with UK, says minister
Darren Jones, the chancellor's second-in-command, is confident UK-US trading relationships could be deepened.BBC News - Jan. 19 -
What changed since the Gaza ceasefire deal was rejected months ago? Trump, some officials say
TEL AVIV — For eight months, the framework of the ceasefire deal that could bring an end to the war between Israel and Hamas had been on the table, prompting fury about the delay among some, and ...NBC News - Jan. 18 -
Trump says he discussed TikTok in first call with Xi since 2021
Conversation between US and Chinese leaders comes days before president-elect’s inaugurationFinancial Times - Jan. 18 -
Gilts post best week since July after run of poor economic data
Investors increase bets the Bank of England will be more aggressive in cutting rates as FTSE 100 hits record highFinancial Times - Jan. 17 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
Biden says 'red states really screwed up' in handling their economies during Covid years
The president also said in his interview with MSNBC that he "almost spent too much time on the policy and not enough time on the politics" of programs he signed into law.NBC News - Jan. 17 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
There's been a 'meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon
The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.CNBC - Jan. 15 -
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Los Angeles Is Being Crushed Under the Weight of Inaction
At this point, we’d take concepts of a plan.The New York Times - Jan. 14 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
LA fires live updates: California death toll rises to 24 as Los Angeles fire chief says ready for strong winds
Eight of the dead found in Palisades fire zone and 16 in Eaton fire zone, medical examiner says, as forestry department warns of ‘critical fire weather’. Full story: stronger winds threaten ...The Guardian - Jan. 13 -
Coldest January night for UK since 2010 as -18.9C recorded
Altnaharra in the Highlands recorded the lowest overnight temperature of the winter in Scotland.BBC News - Jan. 11 -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - Jan. 11 -
Zuckerberg says Biden officials would 'scream,' 'curse' at Meta team over COVID takedown requests
Meta CEO Mark Zuckerberg said Biden administration officials would “scream” and “curse” at his employees when they disagreed with the government’s takedown requests over pandemic-related content. ...The Hill - Jan. 10 -
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UK has enough gas, says network after storage warning
Experts say the UK has enough gas after Centrica said storage levels were "concerningly low".BBC News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Liberal Americans consider moving to UK after Trump win, lawyers say
Advisers cite rise in US citizens weighing up emigration amid fears over introduction of socially conservative policiesFinancial Times - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - Jan. 9 -
UK foreign policy chief says Trump is right to urge higher military spending from NATO
Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spendingABC News - Jan. 9 -
Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher
First-time publicly traded companies pay out more than privately held rivals since privatisationFinancial Times - Jan. 9 -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - Jan. 9 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Meta’s changes to policing will lead to clash with EU and UK, say experts
Politicians criticise Mark Zuckerberg’s choice to scrap factcheckers, affecting Facebook, Instagram and Threads. Permitted ‘hateful conduct’ – what users can now say on Meta platforms Sweeping ...The Guardian - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Want to sponsor a piece of ocean paradise? How one Pacific island’s novel response to rising seas is paying off
The tiny nation of Niue has raised £3m selling sponsorship of its marine protected area at just over £100 for a square kilometre. Niue, also known as the Rock of Polynesia, is one of the tiniest ...The Guardian - Jan. 8 -
Trump says he would use "economic force" to acquire Canada, but does not specify how
One day after Congress certified the 2024 election, and less than two weeks from his inauguration, President-elect Donald Trump addressed reporters on Tuesday in a wide-ranging 75-minute news ...CBS News - Jan. 7 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
Biden signs Social Security bill, says American retirees deserve 'economic security and dignity'
President Biden on Sunday signed a Social Security bill repealing two statutes that have diminished payouts to public sector workers including firefighters and teachers for years. “The bill I’m ...The Hill - Jan. 5 -
Musk says UK's Farage should not be Reform party leader
Tech billionaire Elon Musk said Sunday that British politician Nigel Farage should not be the Reform U.K. party’s leader. “The Reform Party needs a new leader,” Musk said in a post on the social ...The Hill - Jan. 5