Interest rate cut hopes raised as wage growth slows

Interest rate cut hopes raised as wage growth slows

Oct 15, 2024

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say

The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say

Oct 15, 2024

The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.

Tina Brown, the Queen of Legacy Media, Takes Her Diary to Substack

Tina Brown, the Queen of Legacy Media, Takes Her Diary to Substack

Oct 15, 2024

She made her name leading glossy magazines. Now she’s joining the newsletter flock.

Recent News

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Oct 15, 2024

Pitchfork Alumni Launch New Music Publication, Hearing Things

After the popular publication was folded into GQ, a group of them is striking out on its own. One of the first orders of business: doing away with album scores.

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Oct 15, 2024

PM does not rule out NI rise for employers

Sir Keir Starmer says this month's Budget was "going to be tough" but would "focus on rebuilding our country".

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Oct 15, 2024

Google turns to nuclear to power AI data centres

The tech giant says it will use energy from small reactors to power its use of artificial intelligence.

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Oct 15, 2024

Trump and Harris Both Like a Child Tax Credit but With Different Aims

Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.

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Oct 14, 2024

Would Donald Trump’s taxes on trade hurt US consumers?

What could happen if Donald Trump drastically increases tariffs as he has promised to do?

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Oct 14, 2024

Why there's a rush of African satellite launches

Falling launch costs have given African nations a chance to send their own satellites into orbit.

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Oct 14, 2024

American equal pay icon Lilly Ledbetter dies aged 86

Alabama woman's case led to law, signed by Barack Obama, that gave Americans more rights to sue for pay discrimination.

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Oct 14, 2024

Killing of Japanese Boy Leaves Chinese Asking: Is This My Country?

Angry at what they view as China’s state-led xenophobia, taught in schools and prevalent online, some people are taking action, even at personal risk.

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Oct 14, 2024

Attention Kmart Shoppers: It’s Closing Time

As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere.

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Oct 14, 2024

Northern agrees to scrap railcard fare prosecutions

The rail operator says it is working with the government to simplify it price structure.

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Oct 14, 2024

Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson

Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.

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Oct 14, 2024

Nobel Economics Prize Awarded to Daron Acemoglu, Simon Johnson and James Robinson

Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.

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Oct 14, 2024

Kamala Harris Sets an Interview With a Not-So-Friendly Outlet: Fox News.

The interview, to be conducted by the anchor Bret Baier in Pennsylvania, will air Wednesday at 6 p.m. Eastern.

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Oct 14, 2024

Reeves signals hike in National Insurance for firms

The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.

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Oct 14, 2024

Amid Sewage Spills and Rising Prices, Calls to Nationalize Water in England

Four decades after privatization, calls to nationalize the water industry have swept across England and Wales amid sewage spills and rising household bills.

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Oct 14, 2024

Can Corporate America Help Harris Win Pennsylvania?

The vice president has raised huge sums and has won over many business leaders. Despite that, the presidential race remains tight in battleground states.

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Oct 14, 2024

BizFocus Ep.110: Post-90s fuel fresh growth in Greater Bay Area

BizFocus Ep.110: Post-90s fuel fresh growth in Greater Bay Area

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Oct 14, 2024

Spanish firm set to buy Harland and Wolff

Spain’s state-owned shipbuilder Navantia is in exclusive talks to buy the Belfast-based shipyard.

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Oct 14, 2024

Cyber wars and global collaboration: Huawei executive on cybersecurity

"Cybersecurity is no longer a weapon of mass disruption but of mass destruction, because it can kill lives," said Aloysius Cheang, Huawei's president of Cybersecurity & Privacy Protection and chief security officer for the Middle East and Central Asia, stressing the increasingly dangerous nature of cyberattacks.

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Oct 14, 2024

China's economy shows stable overall performance

China's economy has continued to improve and made steady progress in high-quality development, amidst a complex and ever-evolving international landscape.

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Oct 14, 2024

China's yuan loans grow by 16.02 trillion yuan in first 3 quarters

China's yuan-denominated loans rose by 16.02 trillion yuan (about $2.27 trillion) in the first three quarters of the year. The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 6.8 percent year on year to 309.48 trillion yuan at the end of September.

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Oct 14, 2024

China to enhance catalytic role of government investment

On September 26, the Political Bureau of the Central Committee of the Communist Party of China convened a meeting to analyze the current economic situation and outline the next steps for economic work. This meeting not only signaled a shift in China's macroeconomic policy but also showed the country's confidence in achieving its annual economic and social development goals, rallying the entire society to drive sustained economic recovery and improvement.

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Oct 14, 2024

Ensuring rule-based high-quality development of the private sector

A draft law on China's private sector promotion was released to solicit public opinions last week, marking a significant milestone in the construction of a law-based business environment in China.

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Oct 14, 2024

How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders

The vice president has repeatedly incorporated suggestions from business executives into her economic agenda.

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Oct 14, 2024

China’s Stock Markets Rebound on Promises to Help Businesses

Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.

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Oct 14, 2024

China reports 5.3% growth in foreign trade over first three quarters

China's foreign trade surged robustly in the first three quarters of 2024, surpassing the 32 trillion yuan ($4.44 trillion) mark for the first time during this period.

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Oct 14, 2024

‘I lost £165k to fraud in an hour’ - customers say they were let down by Revolut

Revolut was named in more complaints about fraud last year than any of the UK’s biggest banks or e-money services.

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Oct 14, 2024

TSMC 3rd-quarter profit to jump by 40% amid rising chip demand

TSMC 3rd-quarter profit to jump by 40% amid rising chip demand

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Oct 14, 2024

John F. Kennedy Jr.’s 1990s-Era Magazine Is Back, With a QAnon Twist

It is a reanimation story strange enough for a zombie movie, made possible by the fact that the original George trademark lapsed, only to be secured by a conservative lawyer.

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Oct 14, 2024

Evan Gershkovich, U.S. Journalist Imprisoned in Russia, Will Publish a Memoir

The memoir, which will cover his time in prison and Russia’s move toward autocracy, will be published by Crown, an imprint of Penguin Random House.

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