Economy Industry News
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What is the state of the UK economy heading into next week's Budget?
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Chancellor is facing an uncertain economic backdrop…
Is the 'K-shaped' Economy Losing Its Shape?
Despite recent consumer sentiment reports that reveal concerns about household income, holiday season spending and the employment outlook, Bank of America's Holiday Spending Media Roundtable this week painted a more optimistic picture. Through the…
What is the state of the UK economy heading into next week's Budget?
The Chancellor is facing an uncertain economic backdrop ahead of his first Budget in the role, amid a challenging remit to balance the country's finances while supporting Britons facing cost-of-living pressures. Next week, John Healey is expected…
Live Q&A: Ask Us Your Questions About Midterms and the Economy
What questions do you have ahead of the Nov. 3 midterm elections, especially about how the economy will influence voters across the country? With the balance of power in the House and the Senate up for grabs on Tuesday, affordability will be on the…
Europe needs a war economy
For the past four-and-a-half years, the war on Europe's doorstep has haunted policymakers. Yet they have treated it as a looming threat rather than one already eroding the very foundations on which Europe stands. Russia's war has devastated much of…
AIpocalypse Not Now; Economy Is Running Hot, Lots Of Growth, Lots Of Inflation
The flash Manufacturing PMI for manufacturers in the US rose to 56.0 in October, the fastest rate of growth since May 2022. The flash Services PMI Business Activity Index, at 57.9 for October, was the second-highest growth rate in nearly five…
Americans' Economic Mood Is Sour Ahead of Midterms
Voters' economic mood has never on record been this low heading into a major election. That's the conclusion of the University of Michigan's latest monthly consumer-sentiment index, which ticked down to 48 in its end-of-month October reading, the…
The rage economy: What's really fuelling Europe's street battles
For Paris university student Finlay, the protests that have rocked France are a fight for the future – both for this generation facing bleak prospects, and for a country racked by political division and economic malaise. With France on edge…
The Fed Faces Its Most Confusing Economy Yet
The Federal Reserve is navigating an economy as complex as anytime outside of a crisis. Consumer spending is strong, but sentiment is weak. Bond yields are at their highest in decades, yet stocks have soared. The US has experienced an energy shock…
Triple lock warning as 'future economic shock' could hit state pension increase
Key changes to the state pension are coming in The Government recently announced the triple lock will change in a few years' time. But state pensioners may wonder if they could water down the policy even before then, given the uncertain times in…
UK Economy Faces Rising Inflation and Borrowing Ahead of Budget
Britain's Oct. 28 Budget will arrive with borrowing above the forecast and inflation accelerating, leaving Chancellor John Healey to present fiscal plans amid rising price and financing pressures. The Office for National Statistics (ONS) put…
I'd Never Retire On $1 Million In This Economy
Traditional retirement targets like $1 million are eroded by persistent inflation, requiring higher capital to maintain purchasing power. Dividend growth stocks, such as those in SCHD and CGDV, offer income growth outpacing inflation and provide a…
From Yale Law School to a Nobel in economics
When Michael Woodford '80 J.D. arrived at Yale in 1977 as a first-year law student, he had never taken an economics course in his life and was not particularly interested in the field. At the time, Yale Law School had taken a pioneering approach to…
Trump touts economic gains as Iowa voters worry about the future
Trucks are parading into Dennis Campbell's farm near DeWitt, Iowa, to dump the season's harvest into his grain bin. Mountains of corn and soybeans ride up his grain elevator into a towering steel silo. Storing grain is one way Campbell is hedging…
How Trump's economic promises have played out and Airbnb's new rules for hosts: Morning Rundown
Analysis shows how Trump's promise of cheaper groceries and gas has not materialized. Republicans predict defeat in a critical Senate race. And Airbnb sets new rules for hosts. When voters headed to the polls nearly two years ago, Donald Trump…
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