US job growth exceeds expectations in October despite economic uncertainty
The US added 165,000 jobs in October, exceeding economist expectations amid ongoing Middle East conflict and inflation concerns, with the unemployment rate declining to 4.1%.
Cruise companies aim to keep fuel costs down. Their strategies for doing so differ
Three major cruise companies report strong earnings despite rising fuel costs, employing divergent strategies including hedging derivatives or reducing fuel consumption to manage expenses.
Interest rate rise in midst of cost of living crisis will leave many incredulous
The Bank of England raised interest rates to 4% amid a second cost of living crisis in four years, a decision many view as economically questionable given weak high street performance and absent inflation drivers.
Minister tells energy suppliers to do more to help households tackle unpaid bills this winter
An energy minister met with major suppliers to discuss a nearly £2.5bn government plan to help 2.4 million households manage record energy debts this winter.
UK house prices fall at steepest rate in more than three years
UK house prices fell 0.6% in October, the steepest monthly decline in over three years, as elevated mortgage rates continue pressuring buyers amid economic uncertainty and geopolitical tensions.
Two economists studied California’s billionaire tax. They reached wildly different conclusions
California voters are deciding on Proposition 40, a proposed wealth tax targeting billionaires. Two prominent economists have released sharply conflicting analyses about whether it would raise revenue or harm the state economy.