UK cannot yet declare victory over inflation, warns BoE deputy governor

Clare Lombardelli says signs of tightness in labour market show ‘last mile is the hardest’

World - Financial Times - 2 days ago

Will UK inflation climb back above the BoE’s target?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - November 17

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

Druckenmiller: I’m worried the Fed declared victory on inflation too early

Legendary investor Stanley Druckenmiller fears a re-run of the 1970s inflationary experience.

Business - MarketWatch - November 7

Chancellor and BoE governor call for UK to rebuild ties with EU

Reeves and Bailey highlight damage from Brexit amid concern about Trump’s plan to impose tariffs on trading partners

Business - Financial Times - November 14

Ukraine strikes Russia with US-made long-range missiles for first time

Weapons arsenal in Bryansk region hit after Biden administration lifts restrictions on Kyiv’s use of Atacms

Business - Financial Times - November 19

New York City Drought Warning Declared for First Time in Over 20 Years

The warning, which extends beyond the city to include 10 other counties in New York state, was announced as wildfires burned and residents continued to await meaningful rainfall.

Top stories - The New York Times - November 19

Jubilation in the room as Trump delivered victory speech

The president-elect delivered an ordinary speech in an extraordinary moment, writes Gary O'Donoghue.

Trump declares victory at election watch party

Former President Donald Trump took the stage at West Palm Beach County Convention Center to speak to supporters and declare victory.

Welfare drive undermined by UK worker rights reforms, warns business

Groups say changes would make it riskier to take a chance on new hires

World - Financial Times - 21 hours ago

More growth, inflation and uncertainty: the BoE’s Budget verdict

Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cuts

World - Financial Times - November 7

UK inflation creeps back

October’s sharp acceleration cements expectation that Bank of England will delay rate cuts

World - Financial Times - 6 days ago

Governor declares state of emergency due to wildfire in Southern California

A wildfire between Los Angeles and Santa Barbara has burned over 20,000 acres, damaging or destroying around 200 homes. California's governor has declared a state of emergency as thousands of ...

Georgia governor declares emergency in 23 counties inundated with heavy rain and flooding

Georgia Gov. Brian Kemp has declared a state of emergency in 23 counties swamped by flooding rainstorms

DJT stock jumps as former president Trump wins election, then pulls back

Trump Media & Technology rose Wednesday morning after its majority shareholder, former President Donald Trump, declared victory.

Business - MarketWatch - November 6

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - November 12

Former aide Sue Gray rejects Starmer’s job offer

Ex-chief of staff had been lined up for part-time role as link with devolved nations and regions

Business - Financial Times - November 12

Financial markets do not trust the BoE to deliver low inflation

They expect UK inflation to average around 3%, much higher than the US, Germany or France

World - Financial Times - Yesterday

Fed Governors Put out Opposing Views of Inflation Risk

Two speeches show concerns about inflation as the Fed decides on another quarter-percentage-point rate reduction.

Business - Inc. - 6 days ago

UK wealth managers warn Reeves over plan to levy inheritance tax on pensions

AJ Bell boss tells chancellor that ‘complex and costly’ Budget proposal will ‘undermine’ retirement savings system

World - Financial Times - 3 days ago

Manchester United cannot play the way Sporting do, warns Rúben Amorim

Sporting thrash Manchester City in coach’s home farewell Amorim to take over at Old Trafford on 11 November Rúben Amorim said Sporting’s 4-1 rout of Manchester City was a dream way to sign off ...

World - The Guardian - November 5

Buttigieg Warns Trump-Panicked Democrats, ‘We Cannot Be Mesmerized’

The transportation secretary, one of several ambitious Democrats jockeying for prominence, gave advice in a speech but was coy about his own plans: “I know that I will make myself useful again later.”

Top stories - The New York Times - 5 days ago

Former UK deputy prime minister John Prescott dies at 86

Politician was central to Tony Blair’s New Labour project

Business - Financial Times - 6 days ago

John Prescott, Former UK Deputy Prime Minister, Dies at 86

He was a cruise ship waiter before rising in the trade union movement and becoming one of the country’s best-known Labour politicians under Tony Blair.

World - The New York Times - 5 days ago

Inflation is cooling, yet many Americans are still living paycheck to paycheck

The rate of inflation has come down from pandemic era highs. But many Americans are still waiting to feel financial relief.

Business - CNBC - October 30

The Fed hasn’t tamed inflation — and the stock market has yet to figure that out

Stocks can handle moderate inflation as long as economic growth persists

Business - MarketWatch - November 2

New Jersey declares drought warning and urges residents to reduce water use

New Jersey’s governor has issued a drought warning and said water restrictions could come if conditions worsen. The dry spell is plaguing much of the Northeast.

If Trump declares victory before votes are counted, 'it will fail,' Harris campaign says

Donald Trump for days has baselessly claimed cheating is occurring in voting in Pennsylvania, a key swing state in his campaign against Kamala Harris.

Business - CNBC - November 1

Trump calls media ‘the enemy camp’ in speech declaring victory

Republican nominee speaks to supporters in Florida and praises JD Vance for ‘obliterating’ likes of CNN and MSNBC. US election 2024 – latest updates US election results 2024: live map and ...

World - The Guardian - November 6

Republicans declare victory in hotly contested Pa. Senate race as final votes are counted

NBC News hasn't yet called the Senate race in Pennsylvania, where Republican Dave McCormick holds a narrow lead over Democratic Sen. Bob Casey.

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

World - Financial Times - November 6

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - November 13

Boeing machinists end strike after approving labor contract with 38% raises

The vote is the third time since September that Boeing's machinists are considering a new labor deal.

Business - CNBC - November 5

Boeing’s Strike Is Over. What’s Next for the Company?

The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.

Business - The New York Times - November 5

UK inflation accelerates sharply to 2.3% in October

Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next month

Business - Financial Times - November 20

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

Latest in UK cannot yet declare victory over inflation, warns BoE deputy governor