UK economy returns to growth, but only just, as Reeves plans budget
Britain’s economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on…
US-China tensions pose potentially material risk to growth outlook, Fed’s Miran says
Renewed U.S.-China trade tensions pose a “material” downside risk to the economic outlook, making it more important that the U.S.…
Shutdown could cost US economy $15 billion a week, Treasury says
The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output,…
Fed’s Miran says he is not focused on asset price boom in push for lower rates
Federal Reserve Governor Stephen Miran on Thursday said he was not concerned that easing monetary policy risks further inflating historically…
UK lenders expect demand for mortgage and consumer credit to flatten
British lenders expect to see unchanged demand for mortgages in the last three months of 2025, according to a Bank…
US mid-Atlantic manufacturing contracts in October; price measures increase
Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in October, and more manufacturers reported paying and receiving higher prices…
ECB should only cut rates further if new shocks hit, Dolenc says
The European Central Bank should hold interest rates steady unless new shocks hit, Slovenia’s acting central bank chief said, pushing…
US homebuilder sentiment vaults to 6-month high in October
U.S. homebuilder sentiment jumped to a six-month high in October amid hopes that declining mortgage rates would stimulate demand for…
European companies cut jobs in response to slowing economy
Several European companies have frozen hiring or cut jobs this year, citing difficult economic conditions exacerbated by U.S. tariffs. Here…
Why France keeps fighting over retirement age
Prime Minister Sebastien Lecornu has once again proved that pension reform is the hottest of hot button political issues in…