Turnaround in UK Wage Growth Poses Challenge for BOE and Starmer – Bloomberg
New data on UK wages are raising awkward questions for both Bank of England Governor Andrew Bailey and Prime Minister Keir Starmer. Figures from Reed
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The American Dream Feels Out of Reach for Most – WSJ
Americans overwhelmingly desire all the traditional trappings of the American dream—owning a home, having a family, and looking forward to a comfortable retirement. But very
Value of X has fallen 71% since purchase by Musk and name change from Twitter – The Guardian
The social media platform X has lost 71% of its value since it was bought by Elon Musk, according to the mutual fund Fidelity. Fidelity,
Women Lead Record Number of Central Banks, but More Progress is Needed
Women are leading more central banks than ever before, thanks to appointments in the past year, but recent gains still leave the share of female
The Fed’s chair has signalled a rate cut is nigh, but how low will it go?
Jay Powell’s message at Jackson Hole last week could not have been clearer. “The time has come for policy to adjust,” the Federal Reserve chair
PODCAST: At the Money: Why Fees Really Matter
Fees matter more than you think. Over the long term, the difference between a few basis points can turn into real, big money. On this
Inflation is down and a recession is unlikely. What went right? – The Economist
Not long ago central bankers everywhere were jacking up interest rates. No longer. In June the European Central Bank reduced rates for the first time
Dollar General warns poorer US consumers are running out of money – The Financial Times
Lower-income American households are running out of money at the end of every month, the discount retailer Dollar General said as it released dismal results
EU states working on fresh proposal for youth mobility scheme with UK – The Guardian
EU member states are working on an updated proposal for a youth mobility scheme with the UK after an earlier paper by the European Commission
Fears of rise in UK capital gains tax trigger selling ‘frenzy’ – The Financial Times
Fears that the UK government will raise capital gains tax in its October Budget are driving a “frenzy” of activity by business owners, property investors