Pound hits all-time low against dollar after mini-budget rocks markets – The Guardian
The pound has hit an all-time low against the dollar after the bonanza of tax cuts and spending measures in Kwasi Kwarteng’s mini-budget threatened to...
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ECB’s Newest Governor Warns of Danger From Inflation ‘Disease’ – Bloomberg
The European Central Bank’s newest policy maker has plenty to say on the danger of consumer prices running out of control during a war. Croatian...
Got video call fatigue? You may soon be able to send holograms of yourself through your phone – Euronews
Video calls have transformed the way we communicate but European operators are now testing what could be the future of our conversations: holographic calls. The...
World’s Central Banks Race to Raise Rates After Fed Increase – WSJ
Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the Federal Reserve in risking a...
What does the Bank’s interest rate rise mean for people’s finances? – The Guardian
The Bank of England has voted to hike interest rates by 0.5 percentage points to 2.25% – the seventh rise since last December. So what...
Bank of England lifts interest rates by 0.5 percentage points – The Financial Times
The Bank of England raised interest rates by 0.5 percentage points on Thursday, holding out the prospect of a further big increase in November, as...
US economic barometer drops for sixth month in a row, potentially ‘signaling a recession’ – CNN
A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a possible recession. The...
A global manufacturing slowdown suggests worse is to come – The Economist
“Is a global recession imminent?” asks a new report by the World Bank. The answer—that one very well might be—will not be a surprise to...
4-Day Workweek Brings No Loss of Productivity, Companies in Experiment Say – The New York Times
More than 70 companies in Britain are undergoing a six-month experiment in which their employees get a paid day off each week. So far, most...
As America raises rates, the rest of the world bears the pain – The Economist
In recent weeks, as the Federal Reserve prepared to intensify its fight against inflation, a noose has tightened around the global economy. On September 21st...