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Shadow Chancellor Rachel Reeves is focusing on fiscal discipline for the UK budget. She believes controlling inflation is key to economic success. Reeves says keeping prices stable creates a reward. This reward is future room for important public spending. The UK’s economic reputation needs rebuilding. Reeves plans to restore stability through tight spending rules. She…
U.S. home prices rose just 1.5% in August compared with the year before, marking the slowest annual gain in over two years. The inflation rate during that same period stood around 3%, meaning homeowners’ real wealth is declining. Cooling Market Signals Most metro areas saw slim gains, and many Sun Belt regions even experienced price…
Procter & Gamble (P&G), the massive consumer goods company behind brands like Tide and Pampers, has reported strong financial results, topping Wall Street’s estimates. Despite ongoing economic pressures like inflation, consumers are proving willing to continue spending on small personal indulgences. P&G’s premium beauty brands, which include names like Olay and Head & Shoulders, showed…
he current economic landscape is marked by a stark division: huge investment in Artificial Intelligence (AI) is giving the economy a major boost, yet most small and medium businesses are still stuck in “survival mode.” The AI Engine Massive spending by tech giants and major corporations on AI infrastructure, tools, and talent is driving a…
Australia’s Reserve Bank (RBA) has detected early signs that financial conditions are loosening. This comes after three interest rate cuts this year, bringing the cash rate down to 3.6%. In a speech in Sydney, Assistant Governor Christopher Kent said credit access for households and businesses is improving. He also noted that bank funding costs, business…
New York — Gold prices have soared past $4,000 an ounce, marking one of the metal’s most extraordinary rallies in modern history — and signaling rising unease in the global economy. So far in 2025, gold has surged 54%, its sharpest annual rise since 1979, according to FactSet. The surge reflects a convergence of inflation…
