Thoughts Uk’s Economy
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BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.24 minutes ago -
The Guardian - World
How we met: ‘She had an eyebrow piercing – I thought that was very edgy’
Ilya and Amy, both 49, met at a student party in the 90s when Amy was playing drums in a band. They now live on opposite sides of Canada but are in touch almost daily. In 1998, life was good for ...30 minutes ago -
BBC News - Top stories
Thunderstorm warnings mark end of UK summer
The week is set to end with a bang in the southern half of the UK as the warm spell concludes. Tomasz Schafernaker explains.1 hour ago - United Kingdom -
ABC News - Top stories
Biden to celebrate progress of American economy in Thursday remarks
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American economy, but stop short of declaring victory.3 hours ago - Joe Biden -
The New York Times - Business
After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.4 hours ago - Joe Biden -
The New York Times - Business
How Inflation and High Interest Rates Have Changed the Economy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks.4 hours ago -
Financial Times - World
India’s Hero to launch electric scooters in UK and Europe
Chief Niranjan Gupta says launch into developed markets planned for mid-20259 hours ago - United Kingdom -
CNBC - Business
Ray Dalio says the Fed has a tough balancing act as the economy faces 'enormous amount of debt'
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.10 hours ago -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election15 hours ago - Donald Trump -
MarketWatch - Business
Small-cap stocks’ bullish ‘Fed day’ performance reflects investors’ confidence in the economy
Stocks reacted erratically to the Federal Reserve’s bulky 50-basis-point interest-rate cut on Wednesday. But by the time the dust had settled, two clear winners had emerged.15 hours ago -
NBC News - Politics
Chuck Todd: ‘Being separated from Joe Biden’ has helped Harris’ standing on the economy
NBC News Chief Political Analyst Chuck Todd, NBC News Business Correspondent Brian Cheung and Jason Furman, the former chair of the Council of Economic Advisers, join Meet the Press NOW as the ...17 hours ago - Joe Biden -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.18 hours ago - Federal Reserve -
Financial Times - World
UK reviews plans for ‘not for EU’ meat and dairy labelling
Ministers reconsider Tory policy after concerns from food industry and unionists19 hours ago - United Kingdom -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.19 hours ago - Federal Reserve -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...20 hours ago - Federal Reserve -
BBC News - Top stories
UK summons Russian ambassador over diplomat expulsions
The UK accuses Russia of a "malicious" campaign to undermine its security and support for Ukraine.21 hours ago - United Kingdom -
BBC News - Top stories
TGI Fridays' UK owner falls into administration
London-listed Hostmore has appointed Teneo as administrators to help it sell the restaurants.22 hours ago - United Kingdom -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.Yesterday -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
CNBC - Business
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.Yesterday -
CNBC - Business
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
Lower oil prices were the dominant theme in Asia's largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.Yesterday - China -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
CBS Sports - Sports
Bengals' Ja'Marr Chase flagged for 'abusive language' after outburst over what he thought was hip-drop tackle
Chase was frustrated over a hip-drop tackle that wasn't calledYesterday -
CNBC - Business
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.Yesterday -
Yahoo Sports - Sports
Random Red Sox thoughts as they stumble toward the finish line
John Tomase empties his Red Sox notebook ahead of the home stretch and highlights a tale of two trade deadlines in Boston and Tampa.Yesterday - MLB -
CBS Sports - Sports
B1G Time: Indiana's dominance amid 3-0 start should not be overlooked, thoughts on Michigan's QB change
The manner in which the Hoosiers are winning games should serve as a warning to the rest of the Big TenYesterday - NFL -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
The Guardian - World
OpenAI says the latest ChatGPT can ‘think’ – and I have thoughts
In this week’s newsletter: The AI company says its ‘o1’ model is capable of reason, a key blocker in the way of truly gamechanging artificial intelligence. But is it that simple?. • Don’t get ...2 days ago -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
BBC News - Top stories
Brexit deal impact in UK is worsening, warn economists
The findings come from a report covering the three-year period after the Brexit deal was signed.2 days ago - United Kingdom -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.2 days ago - China -
Financial Times - World
Want to fix UK prisons? Let the women out
Imprisonment is not obviously a good solution to drug addiction or for those who have been coerced into crime2 days ago - United Kingdom