Motorists to face volatile fuel prices as war ramps up
The fragile pause to hostilities between the US and Iran has unravelled as US President Donald Trump threatened…
China’s personal income tax revenue soars 13% as top earners face tighter compliance
With China’s personal income tax revenue jumping more than 13 per cent in the first half of the…
‘Burnham bounce’ and World Cup lift mood in July, says data firm | Consumer spending
Consumer confidence in the UK jumped this month by its biggest margin for nearly three years as the…
Russia’s central bank chief Nabiullina acknowledges fuel crisis has driven up prices for ‘a wide range of goods and services’ — Meduza
The head of Russia’s central bank, Elvira Nabiullina, acknowledged that the country’s fuel crisis has driven up inflation. “Current data…
Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet
Anthropic’s head of economics, Peter McCrory, published a lengthy X essay this week arguing AI has caused no…
Retailers score ‘early summer goal’ in June as sales rise 1%
Retail sales volumes are estimated to have risen by 1.0% in June 2026, according to the latest ONS…
JPMorgan: Ageing population and deficits two drivers of higher interest rates
In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt.…
British Pound retreats from 1.3340 as bright UK data fails to offset risk aversion
The British Pound (GBP) remains depressed near three-week lows against the US Dollar (USD) on Friday, with upside…
South Korea confronts ‘growth without jobs’ as chip profits surge
Economy Lee Jae Myung’s administration planning permanent fund to share gains from AI boom South Korean President Lee…
Economy projected to follow a ‘V-shaped’ rebounding trajectory in H2, 2026
A view of Lujiazui, Shanghai Photo: VCG China’s GDP growth jumped 4.7 percent year-on-year in the first half…
Economics week ahead
U.S. week aheadFOMC • Wednesday We expect Kevin Warsh’s second meeting as FOMC Chair to be a punt…
Florida has nation’s highest foreclosure rate as rising costs push homeowners to the brink
The rising cost of living is putting more pressure on Florida homeowners, with a new report showing the…