ECB’s Razor-Edge Decision Rests on Price Outlook – Bloomberg
The European Central Bank’s dilemma over whether to deliver a 10th straight interest-rate increase on Thursday hinges chiefly on how quickly its forecasts show inflation retreating....
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US inflation in August rose to 3.7% amid sharp increase in energy prices – The Guardian
US inflation in August rose for the first time since June 2022, rising to 3.7% as a sharp increase in energy prices pushed prices up...
Google is laying off hundreds in its recruitment division – CNN
Google confirmed it will lay off hundreds of staff members who helped recruit and hire employees, as Silicon Valley continues its cost-cutting efforts. The latest...
Why diamonds are losing their allure – The Economist
The appeal of a diamond, for a ring on a finger or to string on a necklace, rests on how sparkly it is. Its precise...
What to Watch in the CPI Report: Did Inflation Continue to Cool in August? – WSJ
Wednesday’s inflation report could flash seemingly divergent signals: Consumers are likely to note that gasoline prices jumped in August, and the Federal Reserve could welcome...
Recession fears as UK economy shrinks by more than expected in shock decline – Independent
The UK economy shrank surprisingly sharply in July as retailers and construction projects were knocked by wet weather, sparking fresh fears of a recession. Experts...
U.S. Incomes Fall for Third Straight Year – WSJ
Surging inflation gobbled up household income gains last year, making 2022 the third straight year in which Americans saw their living standards eroded by rising...
90% of companies say they’ll return to the office by the end of 2024—but the 5-day commute is ‘dead,’ experts say – CNBC
The debate over whether or not to return to the office is far from settled — and yet, the push to get employees back to...
Soft Core Inflation to Bolster Case Against More Fed Tightening – Bloomberg
A monthly report on US consumer prices due Wednesday is set to show a third month of subdued core inflation, adding to the case against...
UK pay rises at record rate despite growth in unemployment – The Guardian
Pay packets are rising at a record rate despite rising unemployment and a marked cooling of the UK’s labour market, the latest official figures shows....