Economy
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Economy | LATEST STORIES
Government Posts Record Borrowing Surplus in January Amid Rise in Tax Receipts
The £15.4 billion surplus is more than the figure seen a year ago and is the largest since monthly records began in 1993.
Restaurant Chains Shake Off Spending Fears, Report Strong Sales
Wall Street had a mixed reaction.
US CEO Confidence Increases Sharply From Cautious Optimism to Confident Optimism
The share of executives expecting to boost investment plans saw a ‘notable increase.’
Fed’s Bostic: Uncertainty Calls for Caution but Economy Is ‘Broadly Healthy’
Federal Reserve Bank of Atlanta President Raphael Bostic warns of economic uncertainty and labor market cooling in latest quarterly message.
Miller: ‘DOGE Dividend’ Checks to Be Legislated Through Reconciliation Bill
President Donald Trump said on Wednesday that he loved the idea of sending DOGE savings back to American taxpayers in the form of checks.
British Pubs Struggle Amid Rising Costs and Changing Demand
Independent pub owners report growing pressure to stay ’very busy every single day' just to stay afloat.
Ofgem Reveals ‘Low or No Standing Charge’ Energy Tariff Plan to Help Cut Bills
Standing charges are applied daily, regardless of how much energy the customer uses, and many campaigners say they affect vulnerable customers more.
Queensland Credit Rating Outlook Downgraded to Negative
The Liberal-National government warned the cost of borrowing would be higher.
Earnings Season Is Rewarding Many of the Leading Stocks
Overall, the stock market does not mind all the political drama now underway.
Pausing Interest Rate Cuts Is Appropriate Given Inflation Concerns: Fed Governor
The governor does not expect President Donald Trump’s tariffs to significantly affect inflation.
UK Inflation Jumps to 10-month High of 3 Percent
Plane fares, rising food costs, and a sharp jump in private school fees helped push inflation higher.
US New Vehicle Affordability at Highest Level in 41 Months
Sales of new vehicles is forecast to rise to 16.3 million units this year.
IRS Expands Free Tax-Filing Options to 70 Percent of US Taxpayers
A new report shows that the free service remains underused, with less than 1.9 percent of those who qualify taking advantage of the program.
Pay Growth Picks up Pace Again Despite Jobs Market Worries
The Office for National Statistics said average regular pay surged to 5.9 percent in the three months to December.
Thames Water Restructuring Approved by High Court Judge
The High Court previously heard that Thames Water could go into special administration if its restructuring plan was not approved.
Reserve Bank of Australia Cuts Interest Rates for First Time in 4 Years
The cash rate has been cut by 25 basis points.
S&P 500 Companies Report Strong 4th-Quarter Earnings
Healthy earnings have helped the S&P 500 achieve its highest annual fourth-quarter growth rate in three years.
Nearly 1 in 3 Americans Have More Emergency Savings Than a Year Ago: Bankrate Survey
Most Americans plan to manage emergency expenses using their savings, with credit cards being the second choice.
Big US Banks Saw Assets Decline in 4th Quarter 2024
The banking sector is set to continue facing elevated expenses this year amid high compensation costs and technological investments.
Almost 300 Pubs Closed Last Year Ahead of Cost Rises
The British Beer and Pub Association warned that urgent government action is needed to avoid more ‘completely avoidable’ closures.
