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Economy
Housing costs making UK households much poorer…
The average US householdis almost a third richer than its UK counterpart and most of this difference is down to…
Why the US will break out first from the…
The US economy is growing more quickly than expected. The eurozone avoided a winter recession after all. In the UK,…
US economy adds 187,000 July jobs in sign labor…
US employers added 187,000 jobs in July, less than expected and a sign that the labor market is cooling after a…
Stock markets slide after Fitch downgrades US…
US stock markets fell on Wednesday after credit rating Fitch downgraded US debt, blaming an “erosion of…
Surprise US credit rating downgrade draws White…
Rating agency Fitch downgraded the US government’s top credit rating on Tuesday, a move that drew an angry response…
US economic growth speeds up in second quarter…
The US economy grew faster than expected in the second quarter as labor market resilience underpinned consumer…
Fed raises interest rates to 22-year high as it…
The US Federal Reserve raised interest rates to a 22-year high on Wednesday as it continued its fight against…
UK interest rates need to stay higher for longer…
Interest rates in the UK will need to stay higher for longer than previously forecast in order to tackle stubbornly…
‘They’re fired up’: Teamsters president on…
Sean O’Brien has a long family legacy at the Teamsters: his great-grandfather, grandfather and father were all…
FTSE 100 marks best day of 2023 as US inflation…
Britain’s blue-chip share index has posted its biggest one-day jump of 2023 after US inflation slowed by more than…