Economy
French Heatwave Scorches Crops, Threatens Food Inflation
An intense heatwave is devastating French agriculture, with tomatoes cooking on vines and cereal crops scorched. This threatens significant food inflation, impacting...
#Economy 96 articles
Finance
World Cup 2026: $8.9 Billion Global Pop-Up Retail Phenomenon
The FIFA World Cup 2026 is emerging as a massive 'roaming retail platform,' projected to generate $8.9 billion. It drives significant merchandise...
Economy
Inflation Gauge Hits 3-Year High, Rate Hike Expectations Rise
The Federal Reserve's preferred inflation gauge reached a new three-year high in May, driven by surging gas prices and demand for computer...
Economy
NYC Candy Stores Sweeten Retail Despite Economic Gloom
As US consumer confidence hits historic lows, New York City's candy stores are surprisingly expanding, driven by demand for affordable luxuries and...
World Business
UK Politics in Turmoil Decade After Brexit Vote
Ten years after the Brexit referendum, Britain's political landscape remains fractured, marked by frequent leadership changes and persistent economic challenges.
Economy
U.S. Jobless Claims Fall to 226,000, Layoffs Remain Low
U.S. applications for unemployment benefits fell modestly last week to 226,000, signaling continued low layoff rates and a robust job market.
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...
Economy
UK Inflation Holds Steady at 2.8% as Food Price Rises Slow
UK inflation remained unexpectedly steady at 2.8% in May, defying forecasts, as a significant slowdown in food price increases offset rising transport...
Economy
Gas Price Drop Lifts Consumer Sentiment 9% From Record Low
Consumer sentiment saw a 9% improvement in June, according to preliminary University of Michigan data, driven by easing gas prices after hitting...