Latest in UK economy shrinks for second month, contracting 0.1% in October
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UK economy unexpectedly shrinks by 0.1%
October contraction marks second consecutive fall and deals blow to Labour government’s economic agendaFinancial Times - 37m -
UK economy shrinks unexpectedly for second month in a row
The economy had been expected to return to growth but it contracted by 0.1%.BBC News - 2h -
UK economy shrinks for second month, contracting 0.1% in October
It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.CNBC - 4h -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - 20h -
China Moves to Trump-Proof Its Economy
Leaders promised more government support for China’s struggling economy next year as they brace for another big showdown over trade.The Wall Street Journal - 23h -
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Biden readies travel bans on Georgia officials for undermining October election
President Biden is readying visa restrictions on officials in the country of Georgia amid a government crackdown on mass protests against the claimed victory by the Georgian Dream party, which ...The Hill - 18h -
Europe's economy falters as Trump presidency looms
The European economy is going to have a tough few years, if new forecasts are correct.BBC News - 19h -
What to know after inflation rises for a second straight month
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after the Consumer Price Index report for November showed inflation went up for ...CBS News - 23h -
Trump tariffs to have 'insignificant effect' on UK economy
Plans by Donald Trump to impose blanket tariffs on all imports to the US will have an "insignificant effect" on the UK economy, according to a poll of international economists. While policymakers ...Yahoo Sports - 1d -
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Fleetwood cancel striker Odubeko's contract
Fleetwood Town cancel striker Mipo Odubeko's contract with immediate effect after four months with the club.Yahoo Sports - 2d -
How mass deportations could devastate the U.S. economy
President-elect Donald Trump plans to deport up to 11 million undocumented immigrants. But how much will it cost? Jeremy Robbins, executive director for the American Immigration Council, joins ...CBS News - 2d -
Is Trump a threat to the US economy? With Larry Summers
Martin Wolf in conversation with the former US Treasury SecretaryFinancial Times - 2d -
Hiring falls more sharply in UK than other major economies
Slowdown in British recruitment unusual because it involves low-wage sectors, according to data from website IndeedFinancial Times - 3d -
Anthony Edwards fined by NBA for second time in a month after using 'profane language' in media availability
Edwards was complimenting his teammates' 'f---ing incredible' defense after a win vs. Golden StateCBS Sports - 3d -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - 4d -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - 6d -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - 6d -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - Dec. 6 -
US adds 227,000 jobs in November, rebounds from October slump
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked ...The Hill - Dec. 6 -
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The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
Treasury yields end at lowest since October after French government falls
U.S. government debt rallied on Wednesday, sending yields to their lowest closing levels in more than a month, after France’s parliament voted to oust the government of Prime Minister Michel ...MarketWatch - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Job openings bounced in October on need for IT workers
The number of job openings and people quitting their jobs ticked upward in October while layoffs edged down, signaling a modest improvement in hiring conditions amid a broader tightening in the ...The Hill - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2
