5 min
Trump's Tariffs Echo the Economic Folly of the War of 1812, Historians Warn
As the US conflict with Iran enters its seventh month, economists and historians are drawing parallels with the …
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5 min
US workers' share of economic output falls to record low as Amazon staff on food stamps triple
American workers now receive the smallest share of economic output since records began in 1947, while corporate profits …
4 min
Fed rate-hike odds surge as Warsh faces inflation-weary markets
Kevin Warsh's first policy meeting as Federal Reserve chair is being met with a sharp repricing in markets, …
4 min
Saudi Arabia Halts East-West Pipeline After Drone Attack, Cutting Key Oil Route
Saudi Arabia has shut down its East-West pipeline following a drone strike, severing a critical oil transport route …
5 min
Burnham Faces Economic Test as UK Budget Day Nears
Greater Manchester mayor Andy Burnham is under pressure to deliver on his economic agenda as the UK government …
4 min
Gold's Role as an Inflation Hedge Under Scrutiny
Gold has long been viewed as a safe haven against rising prices, but its track record as an …
4 min
US budget deficit narrows in August as year-to-date gap holds at $1.97tn
The US federal budget deficit shrank in August, leaving the year-to-date shortfall essentially unchanged at $1.97 trillion as …
4 min
US inflation accelerates in August, keeping Fed on course for rate rise
US consumer prices rose more than expected in August, strengthening the case for the Federal Reserve to raise …
5 min
US consumer sentiment weakens as inflation expectations climb
American households turned more pessimistic in September, with inflation expectations rising and sentiment deteriorating, complicating the Federal Reserve's …
3 min
US core inflation holds at 2.4% as monthly rise tops forecasts
US core inflation, which strips out food and energy, came in at 2.4% in August, in line with …
4 min
UK Borrowing Costs Climb as Markets Rethink Rate Path
Gilt yields have risen sharply as investors reassess how far the Bank of England will cut interest rates, …
4 min
European Debt Extends Five-Week Decline as Rate Hikes and Oil Prices Bite
European government bonds have fallen for a fifth consecutive week, pressured by expectations of further interest rate rises …
3 min
ECB May Need to Raise Rates to Curb Economy, Nagel Says
Bundesbank President Joachim Nagel has said the European Central Bank may need to raise interest rates further to …
5 min
S&P 500 Slips as Treasury Yields Climb and Inflation Fears Return
US equities closed lower after hotter-than-expected producer price data pushed Treasury yields higher and revived concerns that inflation …
4 min
US diesel hits record high as California pumps max out at $9.999
Diesel prices in the US have surged past $6 a gallon nationally for the first time, with some …
4 min
Bond Market Tests Fed as Inflation Pressures Mount
The 10-year Treasury yield hit 4.92%, its highest since 2023, as oil above $100 and rising producer prices …
5 min
Bessent's Bond Market Challenge Falls Flat as 10-Year Treasury Yield Nears 5%
Treasury Secretary Scott Bessent's warning to currency and bond traders has gone unheeded, with the 10-year Treasury yield …
4 min
Silver Plunges 6% as Oil Surge and Rate Fears Hit Precious Metals
Gold and silver fell sharply as oil prices reached multi-month highs, fuelling expectations of further interest rate rises …
4 min
UK Home Sales Fall as Mortgage Rates Hit Highest Level in Over a Year
UK home sales declined last month after mortgage rates climbed to their highest level in more than a …
5 min
US consumer price growth projected to rise 0.3% in August, Truflation says
Truflation's independent gauge points to a 0.3% month-on-month increase in US consumer prices for August, keeping inflation pressure …