Latest in UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini budget', survey finds
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A ‘Business-Friendly’ Lawyer’s Rise From Lobbyist to Attorney General Pick
Pam Bondi, whom President-elect Donald J. Trump intends to nominate as attorney general, received trips and donations funded by those seeking favors from her Florida office.The New York Times - 24m -
UK 10-year borrowing costs hit highest level since 2008
Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rulesFinancial Times - 32m -
Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise
Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - 1h -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - 4h -
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 - 3h -
US applications for jobless claims fall to 201,000, lowest level in nearly a year
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffsABC News - 3h -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - 18h -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - 21h -
Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...The Hill - 21h -
A Timeline of Justin Trudeau’s Rise and Fall
The Canadian prime minister, who said on Monday he would step down, has spent a quarter-century in the political spotlight.The New York Times - 22h -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - 1d -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 1d -
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 - 1d -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - 1d -
First commercial flight since the fall of Assad lands in Syria’s capital
The first international commercial flight since the fall of former Syrian President Bashar Assad landed Tuesday at the Damascus airport, arriving from Qatar.NBC News - 1d -
First commercial flight since the fall of Assad lands in Syria's capital
The first international commercial flight since the fall of former Syrian President Bashar Assad has landed Tuesday at the Damascus airport arriving from QatarABC News - 1d -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - 1d -
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Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 1d -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - 1d -
Controversial congestion pricing plan takes effect in NYC
Driving just got more expensive for many New York City commuters as congestion pricing was put to its first rush hour test. Supporters argue the plan cuts down on gridlock and greenhouse gas ...CBS News - 1d -
New York Crime Rate Falls, but Number of Felony Assaults Rises Again
Killings and shootings have dropped, but headlines have been dominated by terrifying crimes, like the killing of a woman who was burned to death on the F train.The New York Times - 1d -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - 1d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 2d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 2d -
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 - 2d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - 2d -
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GOP trust in election accuracy rises after Trump's victory: Survey
A growing number of Republicans say they’re confident that the votes in the 2024 presidential election were counted accurately in the wake of President-elect Trump's victory in November, according ...The Hill - 5d -
Breast cancer rates rising fastest in younger women, study finds
New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.CBS News - 5d -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - 5d -
Budget gyms aim to bulk up in smaller UK centres
PureGym and The Gym Group say plenty of opportunities remain as cost-conscious consumers try to keep fitFinancial Times - 5d -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - 6d -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - 6d -
British factories suffer winter chill as government ‘dampens confidence’ – business live
Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles. Nine out ...The Guardian - 6d -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - 6d -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
Unlawful border crossings hit lowest level of Biden admin in November
U.S. Customs and Border Patrol (CBP) announced a new low for border level crossings during the month of November ahead of President Biden’s exit from the White House. Statistics released by the ...The Hill - Dec. 31