Economy

How language duped us into austerity | Zoe Williams

The same misleading metaphors are used again and again to talk about economic policy. We need a new frameWhat do people think the economy is? How do they think it works? How do you think it works, if
Oil Rigs "Continued gains in rig counts"

Oil Rigs "Continued gains in rig counts"

A few comments from Steven Kopits of Princeton Energy Advisors LLC on Feb 16, 2018: • Total US oil rigs saw another solid week, +7 to 798 • Horizontal oil rigs were up even better, +10 to 696 ... •

US eyes global tariff of ‘at least’ 24% on steel imports

Tough action set to provoke anger from China and other global trading partners

Major apartment developer: 'There is an acute crisis headed our way'

Concerns mount about an overbuilt luxury market and a shortage of affordable rental housing.

Retailers suffer worst start in 5 years as inflation bites

Jump in sportswear sales fails to offset effects of rising prices in shops

Berlin To Host BlockShow Europe 2018 In May

Berlin will host BlockShow Europe 2018 on May 28 and 29. One of the biggest international conferences of blockchain technology, it will discuss Governmental Initiatives, insights from Central Banks,

Without firm action on gender equality, women’s empowerment, world may miss development targets

Without speedy progress on gender equality and real action to end pervasive discrimination against women and girls, the global community will not be able to keep the promise to ‘leave no one behind’

Gasoline, health care lift US producer prices in January

Prices accelerated in January, offering more evidence that inflation pressures were building up.

McDonald's: Happy Meals Will Be Healthier

Here is a happy news for 'Happy Meals' lovers. McDonald's confirmed that it would serve more nutritious Happy Meals in future.

US factory output fails to grow for second straight month

U.S. factory output was flat for the second straight month in January, raising questions about the manufacturing outlook.

Why the 30-hour work week is almost here

‘Qualified jobseekers are scarce. Finally, workers can make demands’
Goldman Sachs boss on Trump tax plan: 'Odds of a bad outcome have gone up'

Goldman Sachs boss on Trump tax plan: 'Odds of a bad outcome have gone up'

Lloyd Blankfein warns that Donald Trump’s $1.5tn tax cut plan could over-stimulate an already healthy economy The Goldman Sachs boss, Lloyd Blankfein, has added his voice to the chorus warning that

Consumer prices jump much more than forecast, sparking inflation fears

The Consumer Price Index, a key indicator of inflation trends, jumped 0.5 percent in January, well above expectations.

January retail sales post biggest decline in 11 months

U.S. retail sales unexpectedly fell in January, recording their biggest drop in nearly a year.

Euro hoarding on the increase, Bundesbank says

Cash being stockpiled as store of value in low-interest rate era

Total US household debt soars to record above $13 trillion

Household debt rose to $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York.

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are mixed on Wednesday despite U.S. stocks closing higher overnight for a third consecutive session. Investors are cautious as they look ahead to a report on U.S. consumer price

An Aetna “Fake Accounts” Level Scandal? Medical Director Admits He Never Reviewed Medical Records Before Denying Care

An Aetna medical director said he didn't review any cases, a bombshell admission even for one doctor, and damning if a normal practice.