Uk’s Economy
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Financial Times - Business
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale29 minutes ago - United Kingdom -
The New York Times - Business
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic recession.2 hours ago - Joe Biden -
The New York Times - Top stories
The Fed Rate Cut Was a Tough Call That’s Good For Our Economy
The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market strong.4 hours ago - Federal Reserve -
Financial Times - World
UK hospitals with potentially dangerous concrete to be redeveloped
The rebuilding of facilities that involve reinforced autoclaved aerated concrete is being prioritised by ministers5 hours ago - United Kingdom -
MarketWatch - Business
Leading index for U.S. economy falls for sixth straight month, signaling slower growth ahead
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.6 hours ago -
Los Angeles Times - Entertainment
China's flagging economy — and Kanye West — give each other a helping hand
The American rapper's unexpected China concert boosted local spending, which the government desperately needs but has struggled to do.7 hours ago - China -
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.8 hours ago -
Financial Times - World
Nigel Farage to give up ownership of Reform UK
Leader will ‘surrender’ shares in efforts to normalise party structure9 hours ago - United Kingdom -
Financial Times - Business
Nigel Farage to give up ownership of Reform UK
Leader will ‘surrender’ shares in efforts to normalise party structure9 hours ago - United Kingdom -
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.11 hours 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.12 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.14 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-202519 hours ago - United Kingdom -
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 ...Yesterday - 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.Yesterday - 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 unionistsYesterday - 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.Yesterday - 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 ...Yesterday - 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.Yesterday - 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.Yesterday - 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 ...2 days ago - 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.2 days ago -
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.2 days ago -
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.2 days ago - Federal Reserve -
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