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Economy | LATEST STORIES
UK News
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Evgenia Filimianova
Post-Budget Borrowing Hits 2nd Highest October Figure Since 1993
Public debt, excluding state ownership in banks, was estimated at 97.5 percent of GDP at the end of October.
Nov 21, 2024
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Evgenia Filimianova
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4 hours
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UK News
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Victoria Friedman
Winter Fuel Cuts Could Force 100,000 Pensioners Into Poverty by 2027
Liz Kendall said the figures ‘are a result of the policy change only’ and do not take into account efforts to increase uptake of Pension Credit.
Nov 21, 2024
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Victoria Friedman
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7 hours
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UK News
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Evgenia Filimianova
Higher Energy Bills Push UK Inflation to 6-Month High in October
The higher than expected rise in inflation could move the Bank of England to withhold interest rate cuts in December.
Nov 20, 2024
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Evgenia Filimianova
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Nov 20
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Economy
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Louis Navellier
A Predictable ‘Back and Fill’ Followed the First-Week Honeymoon
We are now entering the seasonally strongest time of year, as late November and Thanksgiving week launch the happiest time of year.
Nov 19, 2024
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Louis Navellier
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Nov 19
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US News
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Naveen Athrappully
Some Americans Say They Skipped Meals to Afford Housing Payment: Report
A typical household spends nearly 40 percent of its income on mortgage payments.
Nov 19, 2024
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Naveen Athrappully
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Nov 19
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UK News
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Victoria Friedman
13,000 March on Westminster to Protest Farmer Inheritance Tax
One procession to Parliament Square was led by children on toy tractors, symbolic of how the plans could impact future generations of farming.
Nov 19, 2024
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Victoria Friedman
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Nov 19
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UK News
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Victoria Friedman
UK to Restart Trade Talks With India
The trading relationship was worth £42 billion in the 12 months to June, with exports to India being worth £16.6 billion, Downing Street has said.
Nov 19, 2024
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Victoria Friedman
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Nov 19
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UK News
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Evgenia Filimianova
Retail Bosses Warn Job Losses, Higher Prices ‘Inevitable’ After Budget Tax Hikes
Firms have estimated that tax hikes could lead to a jump in costs of up to £7 billion a year.
Nov 19, 2024
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Evgenia Filimianova
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Nov 19
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Personal Finance
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Mark Gilman
New Study Shows Retirees Are Increasingly Cash-Strapped
Many have retired before they were ready, according to some experts.
Nov 19, 2024
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Mark Gilman
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Nov 19
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US News
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Tom Ozimek
Big Jump in Homebuilder Sales Expectations on Hopes of New Regulatory Relief: NAHB
Builders expressed confidence that a Republican trifecta in Washington will boost the housing market by delivering regulatory relief.
Nov 18, 2024
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Tom Ozimek
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Nov 18
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US Real Estate
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Naveen Athrappully
US Existing Home Sales See Largest Monthly Gain in Nearly 3 Years
Pending transactions jumped in September, with many finalized in October, thereby boosting existing home sales numbers.
Nov 18, 2024
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Naveen Athrappully
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Nov 18
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US News
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Kevin Stocklin
Net-Zero Rollback: How Trump Might Achieve De-regulation Goals
‘Executive orders will drive the overarching regulatory policy goals of the next administration,’ says Dan Goldbeck, director at the American Action Forum.
Nov 16, 2024
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Kevin Stocklin
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Nov 16
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Business & Markets
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Tom Ozimek
Jamie Dimon Eyes Trump-Era Deregulation as Boost for Banking, Economy
The JPMorgan Chase CEO said he expects Trump-era deregulation to unlock bank lending and spur economic growth.
Nov 15, 2024
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Tom Ozimek
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Nov 15
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Personal Finance
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Mary Man
Why Social Security Retirees Should Mark Nov. 20 on Their Calendars
Nov 15, 2024
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Mary Man
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Nov 15
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China Business & Economy
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Alex Wu
China’s October Financial Data Spell More Economic Woes: Analysts
Nov 15, 2024
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Alex Wu
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Nov 15
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UK News
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Evgenia Filimianova
UK Must Rebuild Relations With EU to Boost Growth: BoE Governor
Labour is keen to develop stronger links with Europe after Brexit, but wont consider re-joining the EU single market and customs union.
Nov 15, 2024
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Evgenia Filimianova
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Nov 15
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Companies
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The Associated Press
Retail Sales up Solidly in October as Americans Showed Continued Willingness to Spend
Nov 15, 2024
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The Associated Press
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Nov 15
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UK News
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Evgenia Filimianova
Levy Supplement on ‘Luxury’ Electric Cars ‘At Odds’ With Net Zero Strategy: Tax Analysts
Changes to road tax rates for zero-emission vehicles next year will lead to higher bills for motorists.
Nov 15, 2024
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Evgenia Filimianova
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Nov 15
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UK News
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Evgenia Filimianova
UK Economic Growth Stalls in First 3 Months After Labour Win
A fall in production output has driven the decline, while services showed no growth in September.
Nov 15, 2024
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Evgenia Filimianova
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Nov 15
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US News
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Mark Gilman
Shoppers Increasingly Impatient Purchasing Locked-Up Store Items, Surveys Show
One study found that less than half of shoppers have the patience to stick around and wait for a store clerk to retrieve a shelf-locked product.
Nov 15, 2024
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Mark Gilman
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Nov 15
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