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4 mins read

Theron Mohamed   


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2 mins read

China's population keeps falling — and that's more bad news for the world's 2nd-largest economy

Beijing is already battling deflation, weak consumer demand, and an ongoing property-market crisis …

George Glover   


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2 mins read

Risk of long COVID 46% higher for patients from socioeconomically deprived areas, study reveals

Workers with lower socioeconomic status have poorer health outcomes and higher premature mortality …

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2 mins read

The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic

The GDP update shows Britain's economy has reached a key milestone in its recovery from the pandemi…

Harry Robertson   


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1 min read

Hedge funds ramp up bets against US stocks as key leverage gauge falls at fastest rate since 2020 crash, says report

The bearish bets come as the Federal Reserve indicated last week that interest rates will stay high…

Joseph Wilkins   


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1 min read

Pandemic-related stocks from Zoom to Moderna jump as new coronavirus variant raises alarms and triggers lockdowns

The stock prices of vaccine makers Moderna and Pfizer surged Friday along with stay-at-home stocks …

Isabelle Lee   


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2 mins read

UK economy expands in August after July dip, but growth undershoots expectations

The UK economy's recovery has slowed in the third quarter after a rapid rebound earlier in the year.

Harry Robertson   


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2 mins read

French citizens must work from home 3 days a week as COVID cases surge again

Amid a worldwide spike due to the omicron variant, France is reimplementing its work-from-home mand…

Jason Lalljee   


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3 mins read

US stock futures drift ahead of jobs data, while Biden tightens travel rules as Omicron spreads; oil rises 3%

As Omicron spread, Biden tightened travel rules, but stock investors focused on monthly jobs data l…

Amanda Cooper   


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2 mins read

UK inflation surges to 40-year high of 9% in April, as soaring energy and food prices deepen cost-of-living crisis

April's UK inflation figures lift the chances of more interest-rate increases from the Bank of Engl…

Amanda Cooper   


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2 mins read

The US will tip into a long recession this year as the Fed hikes interest rates hard, investment bank Nomura says

The US economy will grow just 1.8% this year before shrinking by 1% in 2023, driving up unemploymen…

Harry Robertson   


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1 min read

UK labor market adds 160,000 jobs in October, boosting chances the Bank of England will hike interest rates

The UK's labor market strengthened in October, potentially easing concerns at the Bank of England a…

Reuters   


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2 mins read

Bank of England hikes interest rates to 13-year high, with inflation set to hit 11%

Like other central banks around the world, the Bank of England is grappling with red-hot inflation …

Harry Robertson   


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3 mins read

Wall Street is panicking about a recession. But consumer spending and cooling inflation means it's not going to happen, a US strategist argues.

Americans have built up trillions of dollars in savings, and are now switching their spending to se…

Harry Robertson   


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1 min read

Alibaba leaps 10% as US-listed Chinese stocks rally on further speculation Beijing is set to reopen its economy after strict lockdown measures

A former top disease control official in China said the country will make changes to its zero-COVID…

Carla Mozée   


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2 mins read

JPMorgan says China is going to bring in stimulus to protect its economy while it controls the spread of COVID

China has a target growth rate of 5.5% growth for the economy this year, but its zero-COVID policy …

Hamza Fareed Malik   


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1 min read

The UK economy grew 4.8% in the second quarter as the easing of restrictions powered a rapid expansion

UK GDP grew 1% in June, the Office for National Statistics said, more than the 0.8% economists had …

Harry Robertson   


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2 mins read

China's oil purchases from Russia dropped 14% in June as lockdowns knocked the economy

China and India have stepped up their purchases of Russian oil this year, but economic slowdowns ar…

Harry Robertson   


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2 mins read

Bank of America second-quarter earnings drop 32%, missing expectations as market sell-off takes a toll

BofA's global banking arm saw its profit fall sharply as activity slowed due to the high uncertaint…

Harry Robertson   


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1 min read

Gas prices are weighing on drivers and the EIA now expects demand to drop as Americans change their driving habits

The EIA predicts gasoline demand in the US to hit 9.07 million barrels per day in July, which is 2.…

Phil Rosen