Economy News
Central bank decisions, interest rate and inflation data, growth figures and macroeconomic indicators explained in up-to-date economy news.
Central bank decisions, interest rate and inflation data, growth figures and macroeconomic indicators explained in up-to-date economy news.
Dell Stock Outshines Rivals This Year, Fueled by Lenovo's AI-Driven Earnings
Rachel Stockman, President of Law&Crime and Court TV, discussed the dynamics of the multi-billion-dollar true crime industry on Forbes True Crime. The sector has seen significant growth driven by the rise of digital platforms and podcasts.
UK Labour's zero-hours contract reforms may cost businesses up to £2.9 billion annually. Official analyses project significant impacts on retail and hospitality sectors.
The UK economy emerged as the fastest-growing in the G7 during the first half of 2026, yet Q2 growth slowed. Concerns are mounting for the autumn due to persistent rising energy costs and elevated inflation.
The UK economy unexpectedly grew by 0.4% in the second quarter of 2026, surpassing forecasts. Retail sales and the services sector were boosted by hot weather and the FIFA World Cup.
The UK economy expanded by 0.4% in the second quarter of 2026, meeting economists' expectations. Stronger-than-anticipated growth in June was driven by the FIFA World Cup and warm weather, boosting retail and leisure sectors.
Skilled professionals in the US are increasingly turning to the O-1 visa due to the uncertainty of the H-1B lottery. Sohan Sethi's $13,000 O-1 visa acquisition highlights the growing cost for qualified talent to remain in the US.
TUMI's new Adatto collection signifies a strategic pivot beyond luggage, targeting everyday luxury bags and personalization. The brand aims to capture premium travelers' daily fashion spend in the competitive $19 billion market.
North Korea has established an extensive fraud network by deploying remote IT workers to companies in the U.S. and allied nations. An estimated $800 million generated through this scheme is being used to fund Pyongyang's weapons of mass destruction programs. U.S. authorities are conducting broad operations against these illicit activities.
As markets are perceived to be 'on fire,' investors face a dilemma: use brokerage account gains to pay off debts like car loans. This decision balances guaranteed interest savings against potential market returns and personal financial goals.
Social Security recipients in the U.S. are projected to receive a Cost-of-Living Adjustment (COLA) of between 3.4% and 3.6% for 2027. This anticipated increase, despite moderating inflation, is expected to be one of the highest in the past four years, supporting the purchasing power of millions of Americans. The official announcement is due in October.
Haley and Hanna Cavinder have launched their new wellness brand, "Go Two," leveraging their Name, Image, and Likeness (NIL) deal experiences as college athletes. This venture highlights the potential for athletes to transform their personal brands into thriving business empires.
Gloucestershire-based Janes Pantry has acquired 25 former Coughlans Bakeries sites, planning to reopen them after the chain's closure due to rising costs. The deal offers a fresh start for the business, which saw over 170 employees lose their jobs.