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The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - November 11 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - November 12 -
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Neon raises $14M to build direct-to-consumer stores for games
Neon has raised $14 million in funding to build its direct-to-consumer digital store platform to help make game companies more independent.Tech - VentureBeat - November 12 -
Reeves seeks reform of UK consumer redress in financial services sector
Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car financeBusiness - Financial Times - November 13 -
What does the inflation rate increase mean for American consumers?
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on ...Top stories - CBS News - November 13 -
Japan's economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held upWorld - ABC News - November 14 -
Play Ventures raises $140M second fund to invest in games and consumer startups
Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.Tech - VentureBeat - November 18 -
Japan’s beef bowl economy shows consumer resilience as prices rise
Increases at fast food outlets and restaurants are not deterring locals from dining outWorld - Financial Times - November 19 -
Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
Jim Cramer also named other companies seeing success despite a tough consumer landscape, including Costco, TJX, Chili's-parent Brinker and Texas Roadhouse.Business - CNBC - 6 days ago -
UK consumer confidence recovers from pre-Budget dip
GfK index rose three points in November as lower interest rates and higher wages help ease financial concernsBusiness - Financial Times - 5 days ago -
Election leaves U.S. consumer sentiment frozen. Republicans are excited, Democrats dispirited.
A burst of confidence among Republicans after Donald Trump’s victory in the presidential election was offset by dashed hopes among Democrats, leaving consumer sentiment barely changed near the end ...Business - MarketWatch - 4 days ago -
Donald Trump’s ‘hush money’ sentencing indefinitely postponed
New York judge was due to sentence the president-elect next week in the only criminal case against him to go to trialBusiness - Financial Times - 4 days ago -
‘There was so much promise’: How Northvolt tumbled into bankruptcy
Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedingsBusiness - Financial Times - 4 days ago -
How long will Trump’s honeymoon with the stock market last?
Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears are risingBusiness - Financial Times - 4 days ago -
Consumer confidence jumps to 16-month high as Americans see the economy improving
Consumer confidence climbed to a 16-month high and Americans grew more optimistic about 2025, buoyed by rising stock prices, slowing inflation and a robust U.S. jobs market.Business - MarketWatch - 23 hours ago -
Best Buy says Trump tariffs could force it to raise consumer prices
Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.Top stories - CBS News - 16 hours ago -
US economy grows at 2.8% pace in third quarter on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...Top stories - ABC News - 5 minutes ago -
Have Paychecks Kept Up With the Cost of Living?
On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”Business - The New York Times - October 28 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
The OBR should trust markets on the cost of quantitative tightening
Rules of thumb aren’t helpingWorld - Financial Times - October 29 -
Santander's Profit Beats Expectations on Lower Provisions, Costs
Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...Business - The Wall Street Journal - October 29 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy
Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.Top stories - BBC News - November 1 -
Why fewer teens get help with the costs of college
The number of teenage students getting the £40-a-week help with costs has halved since 2010.Top stories - BBC News - November 1 -
Pubs hammered by ‘staggering extra costs’ from Budget
Shares in groups including JD Wetherspoon and Marston’s hit following national insurance and minimum wage increasesWorld - Financial Times - November 1 -
Why are university tuition fees going up?
Tuition fees in England are to rise for the first time in eight years, to help universities.Top stories - BBC News - November 4 -
DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - November 5 -
£500mn and counting: companies reckon with UK Budget costs
Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customersWorld - Financial Times - November 7 -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - November 8 -
Trump tariffs could cost UK £22bn of exports
The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.Top stories - BBC News - November 8 -
Making Fun of Men in China Comes at a Cost
Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.World - The Wall Street Journal - November 11