The Latest Breaking News from Economy

US S&P 500 ‘bear market’: How did it happen, what will it mean?

Stocks have ticked steadily downward as the US Federal Reserve bank raises interest rates.

Al Jazeera · Jun 14, 2022

About Where the Market is Headed? Consider These 5 Recession Resistant Stocks

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…

StockNews.com · Jun 14, 2022

Pound plunges to two-year low against dollar on fears for UK economy

Sterling slumped more than a cent against the US currency which has been boosted by expectations of an interest rate hike

The Independent UK · Jun 14, 2022

Drivers urged to follow common hypermiling fuel-saving tip as petrol prices rise

Drivers are being warned that they should be using certain techniques to save fuel as petrol and diesel prices are continuing to rise and experts predict they are not going to drop.

Glasgow Live · Jun 14, 2022

Smoking age: here's what effect raising it to 21 could have in England

Smoking is one of the leading causes of preventable death in the UK – accounting for nearly 100,000 deaths each year. In England alone, smoking caused nearly 75,000 deaths in 2020. In economic terms, smoking costs the economy an estimated £19 billion a year – with smoking-related health issues alone…

The Conversation · Jun 14, 2022

US producer prices soar 10.8% in May as energy costs spike

U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from a bout of inflation that shows no sign of slowing

The Independent UK · Jun 14, 2022

Buckle up for a bumpy landing with BoE’s pilots

The economy looks to be descending and may even be close to stalling speed

Evening Standard · Jun 14, 2022

What the stock market is saying about the economy

The growing sell-off in cyclical stocks suggests that investors are entering a new phase of concern about the economy.

Axios · Jun 14, 2022

Economic recession: How would it affect the London property market and could we see a house price crash?

The risks are growing that the UK could slide into a recession. But property experts predict the market will cool rather than crash

Evening Standard · Jun 14, 2022

Business leaders gather for 2022 Nottinghamshire Live Top 200 Companies breakfast - see the full list below

Members of the Notts business scene gathered for first time since 2019 to hear results of Top 200 Companies list

Birmingham Post · Jun 14, 2022