UK Heads for Five Years of Lost Growth, Failure of ‘Leveling Up’ – Bloomberg
The UK is headed for five years of lost economic growth as the government fails in its goal to “level-up” the country’s regions and reduce...
Category : News En
Oil and food prices are rising, and so are wages. Inflation isn’t beaten yet – CNN
The fight against the steep price rises unleashed by the pandemic and war in Ukraine has been long and painful, with central banks hiking interest...
Risk of UK recession at next general election is 60%, says thinktank – The Guardian
Rishi Sunak will fight the next election against a backdrop of an economy suffering from five years of lost growth and a widening of the...
How real is America’s chipmaking renaissance? – The Economist
American chipmakers account for a third of global semiconductor revenues. They design the world’s most sophisticated microprocessors, which power most smartphones, data centres and, increasingly,...
Stocks tumble as Moody’s warns it could cut credit ratings of 6 big US banks – CNN
Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for...
US economy still needs ‘multiple’ rate hikes, says top Fed official – CNN
A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearlydone raising interest...
UK retailers forced to slash prices after July washout and interest rate rise – The Guardian
Britain’s hard-pressed retailers are being forced to slash their prices to drum up business after dismal summer weather and ever-higher interest rates combined to depress...
PayPal bets on crypto’s future with US-dollar-backed stablecoin – CNN
PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential” of US dollar-backed digital tokens for consumer payments. The...
AI Set to Upend the Talent Search at Ad Agencies and Brands – WSJ
Just as generative artificial intelligence appears poised to change marketers’ day-to-day jobs, it is also likely to upend the work of the recruiters who find...
SoftBank Vision Fund Swings to Profit on Global Tech Rebound – Bloomberg
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a global tech rebound that helped lift the...