The latest figures are out concerning where homes are being built. Hint: It's not along the expensive East and West Coasts.
Petrol prices have hit a new record high in the UK as global oil prices continue to soar. Breakdown specialist RAC said its Fuel Watch tracker found the average price of petrol hit record high of 142.94p a litre on Sunday, eclipsing the previous all-time high of 142.48p reached in April 2012. “This is truly a dark day for drivers, and one which we hoped we wouldn’t see again after the high prices of April 2012,” RAC spokesperson Simon Williams said.
Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans.
Half my income is enough—but not for President Biden.
German business sentiment figures put the EUR in focus, with BoE member chatter leaving the Pound in the hands of any forward guidance.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergCities' Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeChina’s economy risks slowing faster than global investors re
(Bloomberg) -- Treasury Secretary Janet Yellen said she expects price increases to remain high through the first half of 2022, but rejected criticism that the U.S. risks losing control of inflation.Most Read from BloombergCities' Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Top Money Maker at Deutsche Bank Rea
Anthony Geraci’s life changed overnight. The 32-year-old Virginia Beach resident was one of more than 100,000 Hampton Roads workers who lost their jobs in April 2020 — the month after the coronavirus pandemic took hold and Gov. Ralph Northam’s social distancing measures began to affect businesses. Rather than look for another position, Geraci did something more workers are doing — he switched ...
It’s another busy week ahead on the economic calendar. While the stats will provide plenty of direction, the BoC and the ECB will be delivering policy decisions in the week. Transitory or alarming?
House Speaker Nancy Pelosi (D-Calif.) said Sunday she expects the chamber to pass the bipartisan infrastructure plan by week’s end, and alternatives to corporate tax hikes and a “billionaires tax” will be used to finance President Biden’s promised expansion to the social safety net.Why it matters: Pelosi’s comments come as House and Senate leaders try to wrap up a deal. What will get cut — and how the remainder will be paid — are linchpins to a final agreement.Get market news worthy of your time
It’s a quieter day ahead on the economic calendar, with no major stats due out of the U.S. German business sentiment figures, corporate earnings, and commodity prices will be in focus, however.
The following is a transcript of an interview with Gita Gopinath, Chief Economist of the International Monetary Fund, that aired Sunday, October 24 2021, on "Face the Nation."
The budget will set out the plan for public spending over the next three years, but companies such as Greenpeace and EY are highlighting the need to tackle climate and nature emergencies.
Gross domestic product data from the U.S. and eurozone this week will show how sharply economic growth slowed in the third quarter.
The left wants everyone to ignore what Saule Omarova believes.
An index of parking revenue provides a gauge of the economy's recovery from the COVID-19 recession. It can also tell time and duration of activities.
The proposal, which would likely affect fewer than 1,000 of the wealthiest U.S. taxpayers, would help pay for President Biden’s social policy and climate legislation.
A number of announcements have already been confirmed by the Treasury.
Supply bottlenecks weighing on factory output led to German business morale falling for the fourth straight month in October. The Ifo institute said on Monday (October 25) that its business climate index slumped to 97.7 from an upwardly revised 98.9 in September.The reading was the lowest since April and undershot forecasts in a Reuters poll.Ifo economist Klaus Wohlrabe said Germany's economy is facing an uncomfortable autumn. With current supply chain problems affecting retail stores expected to impact the holiday seasonThe government is expected to slash its economic growth forecast for this year on Wednesday, after leading institutes last week cut their joint forecast to 2.4% from 3.7%.
Rishi Sunak has suggested that public sector pay will rise in this week’s Budget.
The Liberal Democrats called on the Chancellor to cut small and medium-sized businesses’ employer contributions.