Surprise jump in number of UK people mainly using cash for daily spending – The Guardian
There has been an unexpected jump in the number of people who mainly use notes and coins for their daily spending, despite the UK moving...
Author : Nelli Avetisyan
The worst may be over for homebuyers – CNN
After the last few years of skyrocketing home prices and elevated mortgage rates, Americans have been feeling overwhelmingly dejected about their prospects of buying a...
Australian Flash PMI Falls to Six-Month Low; Price Pressures Still Evident – WSJ
Signs of a significant slowdown in Australia’s commodity-rich economy continue to emerge amid news that the country’s composite purchasing managers index fell to a six-month...
‘I was isolated and couldn’t communicate’: digital exclusion in numbers
In today’s digital society, connectivity is at the heart of almost all that we do. Being online aids financial management, facilitates social connections, provides access...
PODCAST: The global economic whistlestop tour
Liz Lumley sits down with Kokou Agbo-Bloua, global head of economics, cross-asset and quant research at Société Générale Corporate and Investment Banking, to talk about rising...
Financial Stability Implications of Emerging Market Currency Developments
In our blog at the beginning of this year, we flagged that emerging markets were navigating high global interest rate volatility. We also noted that...
The Foreign Investors Who Bought the Recklessly Ballooning US Debt: July Update – Wolf Street
The recklessly ballooning US national debt is now just a hair away from ticking over $35 trillion. It has ballooned by $2.33 trillion in 12...
Three Major Takeaways From Big Banks’ Earnings – WSJ
Wall Street businesses boosted the earnings of big banks in the second quarter. Investment-banking and trading revenue rose at major U.S. banks including Goldman Sachs...
Growing UK’s services-based economy was never going to be easy – The Guardian
I’m due a haircut and in the past week received a message from my barber containing the news that the price will be 10% higher...
The global tech outage showed how we’re just one mistake away from chaos – CNN
In case recent events — an assassination attempt, a new Republican vice presidential nominee, the sitting president contracting Covid before dropping his reelection bid —...