Trending Business News
Housing investors say this is their worst market in at least 3 years
Single-family housing investors report their lowest confidence in at least three years, citing rising interest rates, insurance costs, and geopolitical tensions as major concerns.
Walmart sees sales growth slip as US shoppers feel the squeeze
Walmart’s US sales growth slowed to a six-year low as rising fuel prices and cost pressures squeezed lower-income shoppers, the retail giant’s latest quarterly results revealed.
UK productivity growing faster than official figures suggest, thinktank finds
UK productivity is growing faster than official statistics indicate, according to a thinktank analysis, suggesting the economy may be recovering from the 2008 financial crisis’s prolonged effects.
Review launched into how pub and hotel business rates calculated
A review into how business rates are calculated for pubs and hotels in England and Wales has been launched, with findings expected in March 2027 and potential reforms ahead.
New Fed chair faces critical test at Jackson Hole as inflation fears mount
Fed Chair Kevin Warsh faces pressure at Jackson Hole this week as bond markets worry about inflation amid Trump administration policies and geopolitical tensions affecting global financial stability.
Hastings cafe set to extend school holiday food support
A Hastings cafe owner has secured £30,000 in donations to expand a summer food program for low-income families, with plans to extend services to weekends year-round across East Sussex.
UK graduate job vacancies plunge to lowest in a decade
UK graduate job vacancies hit their lowest level in a decade in July, with just 8,383 positions advertised, down 45% year-over-year, amid AI threats to entry-level roles.
The treasury bond mess: is this the demise of the US as a safe haven?
Treasury bond yields have surged to 20-year highs despite intervention efforts, reflecting concerns about US debt and eroding confidence in American financial stability as a global safe haven.
Artificial intelligence: Why firms are struggling to set prices
Technology companies struggle to price AI services due to unpredictable token consumption costs and rapidly evolving economics, making long-term pricing agreements difficult for both vendors and customers.
Spotify to introduce AI badge after fans make feelings ‘clear’
Spotify is introducing an AI Persona badge starting mid-September to highlight artist profiles that are AI-generated, aiming to give listeners transparency and help them make informed choices about their music consumption.
US credit card debt climbs to $1.26tn, nearing last year’s record high
US credit card debt reached $1.26 trillion between April and June, approaching last year’s record high of $1.28 trillion, according to Federal Reserve data released Tuesday.
Twitch faces backlash over Amazon using content to train AI
Twitch users have criticized the streaming platform for allowing Amazon to use their content to train AI models through a default setting, though users can opt out of the feature.
Water bills set to rise for many after firms permitted extra funding
Water companies in England and Wales have been provisionally approved to increase customer bills by an extra £3.4bn over coming years to address infrastructure pressures and environmental challenges.
Harvey Nichols bought by owner of Sports Direct
Frasers Group, owner of Sports Direct, has acquired luxury department store Harvey Nichols, which appointed administrators in June after facing sustained trading challenges.
We learned 5 important things about the economy this week
Federal data released this week shows inflation slowing to a 3.4% annual rate, though prices remain elevated across groceries and fuel. Meanwhile, wage growth has cooled and retail sales declined in July, presenting mixed signals about the economy’s trajectory.
Housing investors say this is their worst market in at least 3 years
Housing investors report their lowest confidence levels in at least three years, citing elevated interest rates, rising insurance and home costs, and geopolitical concerns as primary obstacles to market activity.
Savers Value Village thrift store launches new AI tool to price items
Savers Value Village launches ThriftIQ, an AI-powered pricing platform deployed across 58 pilot stores, to optimize product pricing and improve consistency in its thrift operations.
Argos is getting a makeover – but can it attract new shoppers?
Argos, the British retail chain with over 50 years of history, is undergoing ownership changes as its new proprietors chart plans for expansion including standalone store openings to compete in a challenging retail environment.
Companies scoff at airlines’ cheapest business class tickets. ‘The real value is flexibility’
Delta and United have launched stripped-down business-class fares without seat selection, lounge access, or free flight changes, prompting corporate travel managers to consider blocking the restrictive tickets.
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage has built a 4.7% stake in Celsius Holdings and is demanding leadership changes following the energy drink company’s earnings miss this week.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King has regained the position of second-largest burger chain in the U.S., surpassing Wendy’s after a six-year gap driven by diverging sales trajectories and strategic shifts.
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4 Ways to Boost Company Morale When Your Employees Are Remote
Since the COVID-19 global pandemic, companies have had to adapt to their employees working remotely from their homes. However, more business owners and managers are seeing the major benefits that can come from continuing to employ their workers remotely. More...
How to Automate Your Business with Helpful Tools
When someone says automation, they tend to think of welding robots on the car assembly line or pick and place robots on high-tech assembly lines. However, increasing levels of artificial intelligence have allowed for business process automation or BPA. Let’s learn how...
Raj Properties, A California-based Real Estate Firm, Expands from 32 Rental Units to 1000 Units
The state of California has a population of more than 39 million, and its economy surpassed that of the whole United Kingdom in 2018. California makes up an extremely vital part of the overall US economy, and the real estate industry is a large part of California’s...
7 Ways to Extend Equipment Life for Maximum ROI
Heavy machinery is a major investment for any business — meaning you want it to last for as long as possible. Over time, your machines will start to break down. But with the right strategy and techniques, you can significantly extend the lifespan of your business's...