Economy
Jobless Claims Edge Up to 199K as Layoffs Stay Low Amid Inflation Fight
US jobless benefits filings saw a slight increase last week, reaching 199,000, though overall layoffs remain historically low. The labor market shows...
Economy 282 articles
Economy
£5 Coffee Reveals Global Economic Shocks
The rising cost of coffee to £5 in the UK reflects climate change, trade wars, shipping chaos, and farmer speculation, impacting global...
Economy
Philippine Bond Slump to Worsen on Persistent Inflation, Analysts Warn
Philippine sovereign debt faces extended pressure as sticky inflation keeps the central bank hawkish, prolonging a slump that made its bonds Southeast...
Economy
Trump Administration Repays $100 Billion in Tariffs Post-Supreme Court Decision
The Trump administration has refunded $100 billion in 'Liberation Day' tariffs to businesses, representing 60% of collected revenue, following a Supreme Court...
Economy
Government Shifts £90bn Public Contracts to Prioritise Job Creation
New rules will double the weighting for job creation in public contract bids over £5m, aiming to tackle youth unemployment. Environmental groups...
Economy
Hormuz Progress Curbs Rate Hike Bets, Gold Holds Steady
Gold maintained a narrow trading range as an interim deal to reopen the Strait of Hormuz eased inflation fears, reducing US Federal...
Economy
Apple Directs Tariff Refund to U.S. Manufacturing Investment
Apple plans to invest its substantial tariff refund into U.S. manufacturing, a strategic move highlighting the financial capacity larger corporations possess compared...
Economy
US Slaps 25% Tariffs on Brazil Imports, Citing Unfair Practices
The U.S. will impose 25% tariffs on some Brazilian imports starting July 22 after a probe found unfair trade practices. Brazilian President...
Economy
US Imposes 25% Tariffs on Brazil as October Election Nears
The US will levy a 25% tariff on most Brazilian imports starting July 22, citing unfair trade practices. This move marks the...