Economy

General Motors is projected to be the top-selling car brand, followed by Toyota and Ford.

Rising inflation could reduce chances of interest rate cuts by the Bank of England on Thursday.

Expected growth figures were also revised downwards.

If the manufacturing sector resumes growing, 4 percent annual U.S. GDP growth is possible.

The ‘entire narrative about inflation being caused by supply chains was just wrong,’ one economist said.

The government said membership will strengthen existing relationships in the region, boost global trade, and create opportunities for UK companies abroad.

The latest GDP figures showed that manufacturing has contracted by 0.6 percent and recorded no growth in the three months to October.

The Opposition said now was not the right time to ’sack and stack' the Reserve Bank Board.

Australia, New Zealand, and Singapore are likely to see inflation relief in 2025.

Despite the downgrade, Moody’s changed France’s outlook to stable from negative.

Multiple brands like 7-Eleven and Dollar Tree had earlier announced store closures, citing inflationary pressures.

Elevated menu prices are keeping Americans from eating out. Major brands are dropping prices or offering more promotions to get them back.

New home listings have risen as well, boosting property supply in the market.

Output in the services sector—accounting for more than 80 percent of total UK economic output—recorded no growth in October.

The food system is the largest private sector employer, supporting 4.4 million jobs and contributing 7 percent of GDP.

This comes just days after a flight from Brisbane to Adelaide was forced to make an emergency landing due to concerns about the braking system

President-elect Donald Trump vows to lower inflation by tackling energy costs and fixing any lingering supply chain bottlenecks.