Downturn has wiped out Rachel Reeves’s headroom, says OBR
Rachel Reeves is on track to break her fiscal rules after an economic downturn in the wake of Labour’s record tax-raising ...
Trump wants both lower interest rates and tariffs. Here's how that could backfire.
President Donald Trump took to Truth Social Wednesday to argue that tariffs and lower interest rates go "hand in hand," suggesting that new trade barriers could prompt the Federal Reserve to ease ...
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Unusual economic indicators: lipstick, men’s underwear, champagne and work refrigerators
While there are extremely accurate economic indexes that have successfully predicted recessions, there are also some pretty ...
What is the best time of year to send money to your family?
The best time to send money internationally is usually mid-month on weekdays, especially from Monday to Wednesday. Why?
Exclusive-China's record mergers in $8 trillion small banking sector raises future risks
Many of the roughly 4,000 small Chinese banks are backed by indebted provincial governments and largely funded via short-term ...
Korea challenged as Asia’s rising art hub beset by uncertainties, weak Korean won
December martial law 'pours cold water' on troubled art scene The Korean art scene has been upbeat in the past few years, ...
Record mergers in US$8 trillion small banking sector in China raise future risks
BEIJING: China oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but ...
‘Stagflation-lite?’ Economy may face fresh threat of slower growth and rising inflation
The U.S. economy is quite robust in many ways, but lingering inflation and uncertainty about the Trump White House agenda ...
Downtrodden Alibaba stocks surge over 30% this year on AI hype
Once the most high-profile name in Chinese tech, Alibaba had several difficult years in the stock market — but the e-commerce ...
Commonwealth Bank Well-Placed to Navigate Higher Credit Stress and Competitive Pricing
The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...
The U.S. could go a decade with no recession, says Ed Yardeni
Ed Yardeni, president of Yardeni Research, joins CNBC's 'Power Lunch' do break down why he thinks the economy will be ...
Stock Market Strategy: Should investors buy the dip or turn to gold amid market correction?
The stock market has been highly volatile, with many stocks hitting their 52-week lows. Amid this turbulence, gold has once ...