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
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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
The dollar is super duper mighty right now. Here’s what that means for you – CNN
Few investments have increased in value during this challenging year on Wall Street. But one asset that is in green in 2022 is literally green:
Inflation Showed Signs of Easing in Several Industries in August – WSJ
U.S. consumer-price inflation showed signs of moderating in August for the second straight month, though the decrease was uneven across sectors and it remains unclear
Debt monsters in the downturn – The Financial Times
Rock-bottom interest rates have long allowed companies to paper over cracks in their business models. As central banks raise rates to tame surging inflation, scores
COVID symptoms blamed for 500,000 workers not returning to labor pool – The New York Post
The COVID pandemic has sapped the US labor pool of about 500,000 employees because persistent symptoms have prevented them from returning to work, new research
The Irreversibility of Globalization
Just over three decades ago, the Cold War ended, and former Soviet-bloc countries began their transitions to market economies, which enabled them to engage with
UK economy grows in July but misses forecasts – BBC News
The UK economy grew by 0.2% in July, according to official data, following a sharp drop in the previous month. The Office for National Statistics
Yellen Says No Strong Labor Market in Long Run If Inflation High – Bloomberg
Treasury Secretary Janet Yellen said she remains hopeful the US economy can avoid recession, but added that Americans understand the need for the Federal Reserve