UK inflation falls to 9.9% after drop in petrol prices – The Guardian
Falling petrol prices pushed Britain’s inflation rate back below 10% in August in the first easing of upward pressure on the cost of living in...
Author : Nelli Avetisyan
Wall St suffers worst sell-off since June 2020 after inflation data – The Financial Times
Wall Street suffered the worst sell-off since the early days of the pandemic after official data showed US inflation increased unexpectedly in August, raising the...
U.S. Incomes Fail to Grow for Second Year in a Row, Census Figures Show – WSJ
Americans as a whole have experienced two years in a row of flat or declining household income, new government data showed Tuesday, reflecting the pandemic’s...
The Fed is fighting inflation. Could deflation be its next battle? – CNN
Federal Reserve Chairman Jerome Powell has a big problem, and he can’t do anything about it. Gasoline prices in the United States, which have fallen...
The Merge: a blockchain revolution or just more hype? – The Financial Times
At the Blockchain Futurist Conference in Toronto in early August, Ethereum co-founder Vitalik Buterin stood before an excitable audience to deliver some big news. “The...
JPMorgan Chase acquires payments fintech Renovite to help it battle Stripe and Block – CNBC
JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off threats from fintech firms including Stripe and Block , CNBC has...
How Food and Energy are Driving the Global Inflation Surge
Global inflation was generally moderating when the pandemic began, and the downward trend continued into the early months of the crisis. But surging prices since...
PODCAST: Impulse Buying Is Up. Does It Make Any Financial Sense?
Americans’ credit-card balances are way up, and inflation is only part of the reason. WSJ personal-finance reporter Julia Carpenter joins host Daniella Cheslow to discuss...
UK unemployment at lowest rate for 48 years – BBC News
The UK’s unemployment rate fell to its lowest level since 1974 in the three months to July, latest official figures show. The jobless rate fell...
UK banks face stress tests on impact of energy crisis defaults – The Guardian
The UK’s largest banks will be tested on their ability to withstand a rise in defaults linked to sky-high energy prices, as part of the...