Bank of England says UK inflation has peaked after leaving rates at 4%; US job cuts jump as firms turn to AI – business live | Business
Bank: CPI inflation is judged to have peaked Newsflash: The Bank of England believes the recent rise in…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
Warnings of looming systemic financial risk getting louder
At first, it was just a few outlier remarks, but now there is a stream of warnings that…
Layoff announcements surged last month: The worst October in 22 years
Washington — Company announcements of layoffs in the United States surged in October as AI continued to disrupt…
Japan’s Ruling Bloc Partner Warns Against Mixed-Message BOJ Hike
A Bank of Japan move to raise interest rates at a time when the government is calling on…
UK Business Warns Against ‘Death by a Thousand Taxes’ at Budget
The UK’s biggest business lobby warned Rachel Reeves against hitting companies with a series of smaller tax rises…
UK Budget: Reeves Sees Reward in Keeping Lid on Inflation
Rachel Reeves stands to be the biggest beneficiary of her own efforts to bring down UK inflation and…
Tariffs, Trump & fragile markets: Port Shelter’s Richard Harris warns investors of ‘unknown shocks’ ahead
The global equity rally may appear steady, but beneath the surface lies fragility and fear. According to Richard…
Bubble or boom? What to watch as risks grow amid record market rally
An estimated half a trillion dollars was wiped out from the financial markets this week, as some of…
Beta Glass delivers over N1 trillion socio-economic impact to Nigeria – new independent Deloitte report reveals
Economic growth and leadership: In 2024 alone, Beta Glass generated a total economic impact of ₦324.7 billion in gross output,…
U.S. freight market reverses gains in third quarter as volumes fall
The U.S. truck freight market saw a reversal in the third quarter, with conditions deteriorating and reversing a…
A high-stakes bet on self-reliance that won’t fix an unbalanced economy
Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the…