The Fed
September US Jobs Report Shows Weak Hiring, Rising Unemployment
U.S. Employers added just 29,000 jobs in September, far below expectations, as the unemployment rate rose to 4.2%.
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The Fed
State GDP Growth Q2 2026: New York Leads
The U.S. Economy grew at a 2.2% annualized rate in Q2 2026, with 44 states and Washington, D.C., expanding. New York led with 4% growth driven by finance, while West Virginia and Wyoming contracted due to mining declines.
The Fed
Keynes play brings economic ideas to the West End
A new West End play, 'The Standard of Living', dramatizes the life and theories of economist John Maynard Keynes.
The Fed
US Q2 2026 GDP Revised Up to 2.2 Percent
The U.S. economy grew at a 2.2% annualized rate in the second quarter of 2026, a significant upward revision from the prior 1.5% estimate.
The Fed
UK gilt auction yield hits 5.383%, highest since 1999
The UK government paid its highest 10-year borrowing cost in 25 years at a £4.25bn bond sale.
The Fed
Australian unemployment rises to 4.6%, highest since the pandemic
Australia's unemployment rate unexpectedly rose to 4.6% in August, its highest since the pandemic. Economists say households are taking on second jobs to cope with living costs as the Reserve Bank is widely expected to raise interest rates next week.
The Fed
Global Bond Sell-Off Deepens on Strong US Data and Rate Hike Fears
A sharp sell-off in global government bonds intensified as strong US business activity data fueled fears of economic overheating.
The Fed
Bank of Japan raises interest rate to 1.25%, a 31-year high
The Bank of Japan raised its key interest rate to 1.25%, the highest since 1995, in a split decision. Meanwhile, UK retail sales rose 0.9% in the three months to August, beating forecasts.
The Fed
Trump urges Fed to cut rates later this month
Donald Trump has called for an interest rate cut later this month, arguing that high rates put the US at an unfair disadvantage.
The Fed
PwC Report Finds 46% of UK Households Miss Growth Benefits
A PwC report shows 46% of UK households live where economic growth fails to raise living standards, highlighting a North-South divide in spending power.
The Fed
Self-Flying Planes Advance in Cargo and Crop
Companies are developing autonomous fixed-wing aircraft for agricultural and cargo delivery, with some already in limited commercial use.
The Fed
AI poses global economic downturn risk
Bank of England Governor Andrew Bailey has warned G20 finance ministers that artificial intelligence could trigger a worldwide economic slump and major cyber security risks.
The Fed
Deloitte: Lunar Economy to Hit $566B by 2050
A Deloitte report estimates the emerging lunar economy could generate between $343 billion and $566 billion in cumulative economic value by 2050.
The Fed
US GDP Q2 2026 rises 1.5% in second estimate
The U.S. Bureau of Economic Analysis released its second estimate of real GDP for the second quarter of 2026, showing a 1.5% annualized increase, down from 2.1% in the first quarter. Corporate profits jumped to $400.9 billion, a sharp rise from $74.4 billion in Q1. The release also details price index changes, income measures, and the start of 2026 annual updates for national and regional accounts.
The Fed
July Personal Income and Outlays Data
The U.S. Bureau of Economic Analysis reported that personal income rose by $115.1 billion in July, while disposable personal income increased $125.9 billion. Personal consumption expenditures grew $36.3 billion, and the personal saving rate stood at 3.0 %.
The Fed
Bernard Matthews Foods to Close Derby Factory Amid Financial Losses
British food giant Bernard Matthews Foods has confirmed the closure of its Derby factory due to significant financial losses and external economic challenges.
The Fed
Trump Threatens Economic Consequences for Countries Helping Iran
US President Donald Trump has warned countries that help or do business with Iran of 'tremendous economic consequences'.
The Fed
Meta Faces Trial Over Alleged Harm to Young Users
Thirty US states are suing Meta, the parent company of Facebook and Instagram, over claims that its platforms have targeted and harmed young users.