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Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail ConsortiumA “significant” jump in the cost of grocery staples such as eggs and butter is stoking food inflation, according to data pointing to …
Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail ConsortiumA “significant” jump in the cost of grocery staples such as eggs and butter is stoking food inflation, according to data pointing to …
President has pressured Jay Powell to slash rates but central bank is trying to find right balance amid tariff tailspinStocks soared on Friday following the strongest signal yet that US the Federal Reserve is gearing up to start cutting interest rates …
Troubles at UK statistics body are muddying economic picture for Treasury and spending watchdog, sources warnDeep problems at the UK’s statistics agency with the quality of its data are piling pressure on officials in the run-up to the autumn budget, s…
Powell – whom Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell, has signaled, as he warned that Donald Trump’s…
Federal Reserve governor Lisa Cook is latest figure targeted by Trump administration over claims of mortgage fraudThe Trump administration is ratcheting up pressure on the Federal Reserve to remove governor Lisa Cook, after the economist declared she h…
At 100 firms in S&P 500 with lowest median pay, executives’ comp increased by average of nearly 35% over five yearsSome of the US’s lowest-paying large firms increased their CEOs’ compensation by an average of almost 35% over five years, according …
Size of the task remains unclear but the chancellor will have to act in the face of expected growth downgradesUK borrowed less than expected in July in lift for ReevesBusiness live – latest updatesDespite a good month for the public finances, the Treas…
Public sector net borrowing falls to £1.1bn as chancellor explores tax-raising options in autumn budgetBusiness live – latest updatesThe UK government borrowed less than expected in July, official figures show, in a boost to the chancellor, Rachel Reev…
Lisa Cook, first Black woman to sit on Fed board, responds after allegation by ally of president of mortgage fraudUS politics live – latest updatesDonald Trump has called on a Federal Reserve governor to immediately resign, renewing his extraordinary a…