Economy
Inflation Report Expected to Confirm Rising Cost of Living Outpaces Wages
A new Labor Department report this week is anticipated to show inflation remains elevated, with a sluggish job market preventing paychecks from...
Economy 282 articles
Economy
Euro Zone Growth Accelerates, 2026 Forecast Revised Upward
Euro zone economic growth is set to quicken, with the 2026 forecast revised to 0.8% after a resilient Q2 saw GDP expand...
Economy
Global Trade Defies Protectionism, Finds Resilience
A Business Daily episode examined why global trade remains resilient despite accelerating protectionism and tariffs, with insights from Jennifer Pak and Trevor...
Economy
China’s Inflation Cools as Iran War Oil Shock Starts to Ease
China's factory-gate and consumer inflation decelerated in July, signaling a potential easing of cost pressures stemming from the oil shock initiated by...
Economy
Andy Burnham Begins Cost of Living Tour as Opposition Cries Hypocrisy
Prime Minister Andy Burnham starts a UK tour to address the cost of living, promising "pro-consumer measures." He faces immediate opposition accusations...
Economy
Ancient Greece’s Economy: Oxen, Wine, and Trust Drove Commerce
The recent success of Christopher Nolan's 'The Odyssey' spotlights the ancient economy of Homeric Greece, where financial life operated without coinage, banks,...
Economy
Inflationary Pressures Cool as US CPI Forecast to Rise Marginally
US consumer prices are expected to show a marginal increase in July, following a six-year first decline, signaling a welcome tempering of...
Economy
London Charity Slashes Uniform Costs to £5 Amid Living Crisis
An east London charity is offering second-hand school uniforms for £5, providing crucial financial relief to families facing rising living costs. The...
Economy
Credit Card Debt Nears Record as Consumers Rely on Revolving Credit
U.S. consumer credit expanded in June, driven by a significant rebound in revolving debt, pushing credit card balances close to an all-time...