Britain’s private sector contracted for a second straight month in June.The latest flash purchasing managers’ index from S&P Global showed the UK composite PMI slipped to 49.4 in June from 49.7 in May.The reading marked a 14-month low. Any reading below 50 signals a contraction in business activity.The survey adds…
The Bank of England on Monday published its final policy statement and draft Code of Practice for systemic stablecoin…
A surge in artificial intelligence adoption may be displacing some workers, but its overall effect on aggregate employment and…
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts.Several major…
US retail and food services sales increased in May 2026, reflecting continued strength in consumer spending and exceeding market…
Federal Reserve officials left interest rates unchanged on Wednesday and revealed a growing divide over the future path of…
Federal Reserve Chair Kevin Warsh used his first press conference as the central bank’s leader on Wednesday to announce…
Citigroup has revised its expectations for US Federal Reserve interest rate cuts, pushing back its projected timeline by one…
UK wage growth remained stronger than expected in the three months to April, while the unemployment rate unexpectedly declined,…