Bussines
US jobless claims fall to near 57-year lows as layoffs remain subdued
The number of Americans filing new claims for unemployment benefits fell to near 57-year lows last week, signalling subdued layoffs and continued stability...
UK inflation hits 3.5% as petrol prices soar: is November rate hike now inevitable?
UK inflation climbed to 3.5% in September, its highest rate in almost a year, as soaring petrol prices and renewed pressure on underlying...
‘It’s definitely a bubble’: Paul Musson warns AI investors on ‘Zero Sum’
The US national debt has climbed to $40 trillion, but the bigger question is what decades of borrowing, low interest rates, and rising...
US wholesale inflation surges to four-year high as energy prices remain elevated
US wholesale inflation accelerated sharply in September, reaching its highest annual level in more than four years and reinforcing concerns that price pressures...
Fed rate-hold odds jump to 85% even as Warsh offers no clues on policy path
Expectations that the Federal Reserve will hold interest rates steady at its October meeting surged on Friday, even as persistent inflation and strong...
Why Robert E Hall, Michael Woodford won 2026 Nobel prize in economics?
Robert E. Hall and Michael Woodford were awarded the 2026 Nobel Prize in Economics on Monday for their work that helps smooth out...
US CPI data comes hotter than expected: will Fed hike rates in October or December?
US consumer inflation accelerated in September, with rising gasoline prices accounting for more than half of the monthly increase, adding to pressure on...
UK GDP grows 0.1% in August, beating forecasts as production offsets weakness
The UK economy grew more than expected in August as stronger production activity offset stagnation in services and another decline in construction, offering...
