Latest in UK earnings inequality falls to lowest on record
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UK earnings inequality falls to lowest on record
Drop comes after successive increases in hourly minimum wageWorld - Financial Times - October 29 -
Private equity management fees fall to lowest level since records began
Fund managers are fighting to secure investors’ money in a tough environmentBusiness - Financial Times - October 22 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Jobless claims fall to lowest level since May
Companies may not be hiring at the same pace as earlier in the year — but they are also not firing workers.Business - MarketWatch - 6 days ago -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - October 28 -
Illegal border crossings fall to lowest level since 2020
U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...Top stories - CBS News - October 22 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
Job openings in the U.S. fall to the lowest level in 3½ years
U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.Business - MarketWatch - October 29 -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Number of Americans filing for unemployment falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levelsTop stories - ABC News - 6 days ago -
Support for death penalty falls to lowest level in decades: Gallup
A majority of Millennials and Gen Zers do not support the death penalty.Politics - The Hill - 5 days ago -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - October 24 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - October 31 -
EY partner payouts in UK fall to £723,000 on average
Big Four accounting firm hit by sharp slowdown in revenue growth and an increase in partnership sizeBusiness - Financial Times - October 25 -
Fresh weather warnings as UK hit by cold snap
Fresh warnings of snow and ice announced for parts of the UK going into Thursday and the weekend.Top stories - BBC News - 20 hours ago -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Gaza aid falls to lowest level since start of war despite US warning to Israel
Biden administration letter threatened to withhold military help if humanitarian crisis did not urgently improveBusiness - Financial Times - October 30 -
Aid to Gaza falls to lowest level in 11 months despite US ultimatum to Israel
US government wrote to Israel a month ago threatening sanctions if there was no increase in humanitarian supplies. The amount of aid reaching Gaza has dropped to the lowest level since December, ...World - The Guardian - November 11 -
Kering and Hermès tell tale of luxury inequality
While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdownBusiness - Financial Times - October 24 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - Yesterday -
Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by ToriesBusiness - Financial Times - October 24 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
Nasdaq jumps to record close as major tech names rise ahead of earnings
The Nasdaq Composite rose to a fresh record on Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names.Top stories - NBC News - October 29 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
Nio’s stock dives as earnings, outlook disappoint despite record deliveries
Nio’s stock drops after quarterly results and revenue outlook disappoint, despite record deliveries.Business - MarketWatch - 23 hours ago -
Sinologist Li Cheng: ‘America is not in the mood to study China’
The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of changeBusiness - Financial Times - October 25 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
UK ‘falling behind’ on sewage pollution regulation while EU tightens rules
EU member states agree to update urban waste water treatment directive. The UK is falling further behind on sewage pollution regulation as the EU tightens its rules to clean up Europe’s waterways, ...World - The Guardian - November 6