The Latest Breaking News from Inflation

‘We think the economy has enough strength to create over four million jobs this year’

The Nasdaq fell 4.99 per cent to finish at 12,317.69, its lowest closing level since November 2020

U.S. employment continued to increase at a robust pace in April and wage growth moderated, though a surprise drop in the participation rate suggests the labor market will remain exceedingly tight.

WASHINGTON: US employment continued to increase at a robust pace in April and wage growth moderated, though a surprise drop in the participation rate suggests the labour market will remain exceedingly tight.

The Bank of England yesterday issued a stark warning to the British public that the economy is at risk of slipping into a recession as it raised interest rates to 1%

Spectrum Brands Holdings Inc (NYSE:SPB) reported second-quarter FY22 sales growth of 6.2% year-on-year, to $807.8 million, beating the consensus of $792.27 million. Net sales from the Home & Personal Care increased 6.1%, Global Pet Care sales gained 0.5%, and Home & Garden rose 16.5%. Gross profit fell 2.1% Y/Y to $255.6 million, and…

Pent-up lockdown demand and stamp duty holidays kept prices high, but rising mortgage rates and living costs may tip balance

Protectionist policies stymie trade and make Americans poorer.

A cost of living crisis driven by rocketing inflation has left Brits facing the biggest squeeze to household budgets for decades.