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2 mins read
Stock market opens to fluctuations, eyes on global and domestic factors for market resilience
The Sensex recorded a low opening, down by 137.69 points at 71923.44, while the Nifty also started …
ANI
1 min read
UK labor market adds 160,000 jobs in October, boosting chances the Bank of England will hike interest rates
The UK's labor market strengthened in October, potentially easing concerns at the Bank of England a…
Reuters
2 mins read
The UK unemployment rate fell to an eight-month low in April as pubs and restaurants reopened
The UK jobs market brightened in April and May, data showed, with unemployment falling, payroll num…
Harry Robertson
1 min read
The number of Brits on payrolls surged by 356,000 in June as the economy reopened and hospitality boomed
The UK hospitality sector sharply increased its hiring in June after COVID-19 restrictions were loo…
Harry Robertson
2 mins read
Global stocks rise after Fed officials suggest inflationary pressures will be temporary
The US is still 8 million jobs short of pre-pandemic levels and that gap will have to narrow a lot …
Shalini Nagarajan
2 mins read
UK job vacancies climb above 1 million for the first time ever as labor shortage intensifies
The UK economy is bouncing back, but companies in sectors such as hospitality and entertainment are…
Harry Robertson
2 mins read
Ex-Treasury chief Larry Summers warns the Fed may need to hike rates above 5% to defeat inflation - and sees unemployment spiking to 6%
The veteran economist predicted a painful US recession, slammed the British government, and issued …
Theron Mohamed
2 mins read
UK unemployment rate hits 4-year high in final quarter of 2020 but data shows 'tentative' signs of stabilizing
Despite the rise in UK unemployment, the data office said that company payrolls had risen slightly …
Harry Robertson
2 mins read
The UK unemployment rate dropped to 4.8% in the first quarter as the country prepared to reopen from lockdown
The unemployment rate was flattered by people that stopped job-hunting during lockdown, but separat…
Harry Robertson
2 mins read
UK unemployment rate slips unexpectedly to 4.9% in February, but payroll numbers fall ahead of reopening
The data painted a mixed picture of the UK jobs market ahead of the gradual reopening of the econom…
Harry Robertson
3 mins read
UK unemployment hits its highest since 2016 just as several parts of the country return to strict lockdown before the holidays
The number of people unemployed in the three months to October rose by 241,000, taking the jobless …
Shalini Nagarajan
2 mins read
UK unemployment rate unexpectedly falls to 5% in January as the country looks ahead to reopening
The jobless figures beat economists' expectations, and suggested the labor market is stabilizing as…
Harry Robertson
2 mins read
The UK has laid out a $65 billion package of tax rises and spending cuts to restore faith after political upheaval and a market storm
Finance minister Jeremy Hunt unveiled a new budget as the UK battles to rebuild its economic credib…
George Glover
2 mins read
There could be more pain ahead for the UK economy and the pound if the Bank of England wavers on raising interest rates, top economist Paul Krugman says
The Bank of England could fail to raise interest rates high enough to combat inflation, threatening…
Jennifer Sor
1 min read
Nobel economist Paul Krugman defends Bidenomics, touting the US's success in taming inflation
Krugman defended the president's economic track record, noting that inflation has fallen rapidly wh…
Zinya Salfiti
2 mins read
The 'disorderly' moves in the pound and loss of confidence in UK policy makers is historic, and point to the paradigm shift markets are headed towards, Mohamed El-Erian says
"That normally happens in a developing country. It does not happen in a G7 economy. So this is hist…
Jennifer Sor
2 mins read
Millions of people who left the US job market last year plan to stay away in an act of 'long social distancing,' fanning the flames of inflation
The study by a group of economists showed around three million people plan to avoid in-person worki…
Ryan Hogg
4 mins read
UK Prime Minister Liz Truss resigned after the market rebelled against her aggressive economic growth plan. It's a warning for global leaders with lofty ambitions.
Truss stepped down after an investor backlash roiled markets, forcing her to scrap planned tax cuts…
Theron Mohamed
4 mins read
I'm a 24-year-old suffering from long COVID. I get seizures, I can't drink or drive, and have had to move back in with my parents.
Alex Bishop got the coronavirus in December 2020. It triggered an old brain injury and epilepsy, le…
Elle Hardy
2 mins read
Recession will strike and stocks will drop - but the declines won't be half as bad as some fear, leading strategist says
Seema Shah, the chief global strategist of Principal Asset Management, expects the US recovery to s…