In a significant move aimed at managing rising costs and maintaining financial stability, UK supermarket giant Sainsbury’s has announced plans to cut over 3,000 jobs. This decision comes as the …
inflation
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In a significant blow to the reputation and financial standing of German sportswear giant Puma, shares plunged by 20% following a disappointing quarterly earnings report. This sharp drop in share …
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In a surprising turn of events, government borrowing in the UK surged beyond expectations in December, marking the highest level of borrowing for the month in four years, according to …
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Former President Donald Trump’s announcement that he will not remove Jerome Powell from his position as the chair of the U.S. Federal Reserve before Powell’s term expires marks a significant …
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In a world already fraught with economic uncertainty, former President Donald Trump’s renewed threat of imposing a 10% tariff on Chinese imports is sending shockwaves through global financial markets. China’s …
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In the face of rising inflation, elevated interest rates, and economic uncertainty, U.S. consumers have demonstrated exceptional resilience, continuing to drive the economy forward despite mounting financial pressures. Consumer spending …
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The unexpected victory of Donald Trump in the most recent US election could eventually have a disinflationary effect on the US economy, experts predict, though the path to this outcome …
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Gilts, the UK government bonds, have experienced their best performance in several months, marking their strongest week since July. The positive movement in gilts follows a string of disappointing economic …
