"There are probably enough concerns about the health of the labor market to justify an insurance rate cut by the Federal Reserve next year," UBS's Paul Donovan said.
Recent strength in Europe’s fuel markets is starting to fade, eroding oil refiners’ margins and taking away a supportive factor for crude prices as the year draws to a close.
Germany’s cabinet approved plans for a state-subsidized retirement savings account for youngsters, part of a broader push by Chancellor Friedrich Merz’s coalition to shore up a pension system under growing strain.
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England w…
Santander Economist Victoria Clarke reacts to UK inflation data which slipped to its lowest level in eight months, a bigger than expected drop that clears the path to an interest-rate cut at the Bank of England on Thursday. She speaks on Bloomberg Television.
Colder weather and rising electricity and fuel costs will lead to a big jump in costs for individuals, according to estimates from a group representing state energy officials.
“We ask auto and steel workers to compete with the world, yet we treat research funding as something that must be protected from it,” an economist writes.
Ruapehu is emblematic of question facing New Zealand: how to prevent rural regions – and the country at large - from hollowing outFor generations, two centres of gravity in New Zealand’s central Ruapehu region had enough pull to entice people to the area and keep them there: the mountains and the mi…
Price of turkey jumps as much as £15 compared with 2024, while chocolate has steepest mark-upShoppers are paying up to 70% more for Christmas chocolate treats compared with last year, while the price of a turkey has jumped by as much as £15, according to the consumer champion Which?The group analyse…
Government efforts to recruit examiners fail again with average test slot wait now at 22 weeks, report saysPlans to cut the wait for a driving test to seven weeks by the end of the year will not be achieved until November 2027, an audit report has found.Only a net 83 more driving test examiners have…