GDP Strength Masks the Fed’s Bigger Problem: An Economy Still Running Hot
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed will likely soon be cutting, but Diane Swonk isn’t popping Champagne.
News
Softer-Than-Feared US Inflation Despite Robust Spending
U.S. inflation rose less than expected in August, while consumer spending remained strong in Washington. The softer price data reduced urgency for another October Federal Reserve rate hike, though one by year-end remain…
FTSE 100 today: Stocks close lower after cooler-than-expected U.S. inflation data
The FTSE 100 was down 54 points as Thursday afternoon wore on, apparently unmoved by the rather more cheerful mood across the Atlantic.
U.S. core PCE rises 0.2% month-on-month in August, cooler than expected
Consumer prices posted a smaller-than-expected increase in August from a year ago, according to the Federal Reserve's primary inflation gauge, the Commerce Department reported Wednesday.
Higher Yields Flipped the Math in the Investors’ Favor
During the COVID-19 pandemic-era boom, it almost seemed reckless not to invest in real estate. Low mortgage rates and sustained demand for rentals and fix-and-flip properties delivered tidy returns for investors on a fa…
Greggs to shut four factories and cut 740 jobs
High street bakery brand Greggs has announced plans to shut four of its factories and cut 740 jobs.
Africa's richest man to launch Kenya oil refinery despite land protests
Nigerian billionaire Aliko Dangote and Kenya's President William Ruto are set to break ground on a $16bn (£12bn) oil refinery in Lamu, on Kenya's northern coast.
Doubters spur me on: why more women are taking up DIY
Female DIY experts and tradeswomen talk about their experiences of a traditionally male-dominated domain.
UK Q2 GDP beats forecasts as services and exports drive growth
Since Labour took office over a year ago, Britain’s economy has delivered mixed signals. Growth briefly surged early in 2025 but has since stalled, inflation remains stubbornly high, and government debt has soared to ne…
Three takeaways from Trump's 'Super Intelligence' summit
The meeting at the White House came as some tech bosses and experts have called for tighter rules around AI.
Three takeaways from Trump's 'Super Intelligence' summit
US President Donald Trump hosted a meeting of top technology bosses on Tuesday for what he called "an extraordinary gathering" of the minds that are "building America's Golden Age".
OpenAI unveils AI assistant 'dots' while safety worries delay new model
OpenAI on Tuesday unveiled "dots," a new artificial intelligence (AI) assistant they say can proactively carry out tasks on a user's behalf.
Chinese AI tool told researchers how to make bioweapons
Chinese AI developer Moonshot is conducting an internal review after researchers were able to persuade two of its popular Kimi models to tell them how to make biological weapons and carry out assassinations.
The start-ups hoping to return battery making to the US
As heatwaves scorched Europe this summer, workers at a US battery company noticed an uptick in demand.
'I like proving people wrong': The women taking up DIY and plumbing
It's hard to miss the explosion of DIY content that has hit our social media feeds over the last decade.
Huel ad banned for suggesting its products could replace all conventional food
An advert for Huel meal replacement shakes has been banned by the advertising watchdog for encouraging or condoning "irresponsible" dietary practices.
Household energy bills forecast to see biggest rise in four years
Household energy prices are set to soar in January, with a typical annual bill forecast to jump by £276, figures shared with the BBC reveal.
Earnings call transcript: Carnival beats Q3 2026 estimates and lifts outlook
Carnival Corporation approaches its September 29 fiscal Q3 earnings release with record customer deposits and robust booking levels extending into 2026. However, profitability faces headwinds from volatile fuel costs an…
Form 8K Goldenwell Biotech For: 29 September
Every 8-K, 10-K, 10-Q, Form 4, 13F, 13D and 13G filed with the SEC, listed here within seconds of becoming public, summarized in plain language in seven languages, and scored 1 to 5 for market impact. No minimum market …
Index rebalance arbitrage: how traders profit from passive fund mechanics
For five years, I have worked at a firm called Simplify. The irony has never been lost on me.
Soho House venue under investigation for food safety
A venue of private members club Soho House is being investigated by the local council after a former member of staff raised concerns about rats and out-of-date food allegedly being served.
Sentiment Slides Again, Yet US Consumers Keep Spending
For years, a household budget had a little give. A slightly higher electric bill one month could be absorbed by a slightly cheaper grocery run the next. That cushion is gone for most U.S. consumers, and the bills doing …
Wednesday’s PCE Inflation Report May Boost Fed Hike Bets
Gold prices reversed course and edged higher on Thursday after a U.S. inflation reading was largely in line with expectations, easing some concerns about imminent Federal Reserve rate hikes and pushing the dollar and…
Oura pulls $15bn stock market listing days after announcement
Oura has pulled its plan to sell shares in its business on the US stock market, in a move which would have valued the firm at $15bn (£11.3bn), just days after announcing it.