U.S. consumer sentiment hits new lows amid inflation and war
American consumers have been pessimistic for so long that now economists are wondering when — or even if…
The gilt market will hover over any Labour leadership contest | Nils Pratley
It is a mistake to think every twitch in the price of UK government debt is caused by…
How the world can avoid millions going hungry when supply chains collapse
Millions more people will face hunger in the coming months if the conflict in the Middle East is…
US: Initial Jobless Claims rose to 211K last week
According to a report from the US Department of Labor (DOL) released on Thursday, the number of US…
Why it’s time to keep a stash of cash at home
A few weeks ago, I experienced a power cut at home. It was a strangely nostalgic experience, as…
UK household wealth tumbles, as taxes, food bills and rent costs bite
The economy might have been growing at a decent rate – at least until the war in Iran…
US weekly initial jobless claims 211K vs 205K expected
Prior week 200K (revised to 199K)Initial jobless claims for the week ending May 9Four-week moving average 203.75K vs…
The Big Short’s Michael Burry warns ‘we’re minutes’ away from ‘bloody’ event that will devastate world economy
There’s a huge amount of uncertainty across the world right now thanks to the various wars and growth…
Yorkshire Building Society offering new savings account with ‘inflation-busting’ interest rate
One of the country’s biggest building societies has unveiled a new savings product with a competitive interest rate…
Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners – here’s how it may help
The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the…
Home-heating oil surge drives inflation higher in April
Consumer prices rose by 3.7% in the year to April – the highest annual inflation rate since the…
US-based Nigerian billionaire, Ogunlesi targets growth of $30 billion asset exposure in Africa’s largest economy
Nigerian billionaire Adebayo Ogunlesi has signalled a deeper push into South Africa’s infrastructure space, saying the country’s…