Latest in UK businesses expect lower margins and higher prices after Budget
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Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - 6d -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - 6d -
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - 6d -
Fancy Pajamas Worth the Price of Shipping
Pajama sets from small European labels have for some become stylish souvenirs that signal their discerning taste.The New York Times - 6d -
Jaylen expects to hear from NBA after throat-slash dunk celebration
Jaylen Brown admitted he got "caught up in the moment" after throwing down a massive dunk on Isaiah Stewart in Celtics-Pistons.Yahoo Sports - 6d -
Congress's budget gimmicks: A history of failure
Congress has a long history of using gimmicks to reduce government spending and balance the budget, but these efforts have not been successful, as evidenced by the current budget situation.The Hill - 6d -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - 6d -
House GOP braces for tiniest vote margin possible: 'We have nothing to spare'
House Republicans will have zero room for error in the 119th Congress — literally. Rep. John Duarte (R) conceded to Democrat Adam Gray in California’s 13th Congressional District Tuesday night — ...The Hill - 6d -
Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.The New York Times - Dec. 5 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Head of Democratic Caucus says thin House margins make attendance vital next year
The head of the House Democratic Caucus is sending an early message to his troops heading into the 119th Congress: Attendance will be crucial given the razor-tight margins in the lower chamber. ...The Hill - Dec. 4 -
Five things we learned from the Scottish Budget
Scrapping the two-child cap and changes to tax thresholds are among plans for the next financial year.BBC News - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Community 'college deserts' leave students stranded from higher education
Experts are increasingly sounding the alarm on community "college deserts" that leave students without readily accessible higher education options. The deserts, locations where high schools are ...The Hill - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - Dec. 4 -
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Scottish Budget presents huge challenges for SNP
Finance Secretary Shona Robison is preparing to set out her spending plans for next year.BBC News - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Treasury yields finish mostly higher ahead of no-confidence vote in France
Investors sold off long- and intermediate-term U.S. government debt on Tuesday, pushing corresponding yields to slightly higher closing levels ahead of a vote in France that could topple that ...MarketWatch - Dec. 3 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
Husband of UK royal took own life after ‘adverse effects of medication’
Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...The Guardian - Dec. 3 -
Wolves to lose protection, as EU lowers bar for shooting wildlife
Downgrading species’ protection status for political gain puts decades of conservation efforts at risk, says WWF. Europe’s wolves will lose their “strict protection” status, alarming ...The Guardian - Dec. 3 -
EU votes to lower protection status for wolves after farmers push to allow culls
European nations have approved plans to scale back the protection for wolves in a victory for farmers over environmentalists that has caught the political limelight in the European UnionABC News - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
It Can’t Be Assumed That Higher Turnout Would Have Helped Harris
Voting records suggest Democrats who stayed home were less likely to support her, with no equivalent drop-off in Trump support among Republicans.The New York Times - Dec. 3 -
Dozens of Tamils arrive in UK after three years stranded on Diego Garcia
Lawyers and campaigners hail removal of 47 people from remote Indian Ocean island as ‘a big day for justice’. Dozens of people stranded in hellish conditions for more than three years on the remote ...The Guardian - Dec. 3 -
Christian McCaffrey knee injury update: 49ers RB expected to miss six weeks after being placed on IR
The star running back was injured in Sunday night's blowout loss to the BillsCBS Sports - Dec. 3 -
French government teeters after PM Barnier forces through budget
Michel Barnier is unlikely to survive a no-confidence vote, tabled by left and far-right parties.BBC News - Dec. 2 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2 -
Resilience Is Required to Start and Sustain a Business
When you launch a business, you learn a lot about yourself—here’s how to harness that.Inc. - Dec. 2