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What we now know about the UK economy in four charts
The UK economy faces headwinds from rising energy prices tied to Middle East conflict, with growth forecasts downgraded and inflation expected to peak at 3.8% in 2027, according to official projections.
Thames Water creditors to vote on emergency £2.4bn loan as cash runs low
Thames Water creditors are voting on an emergency £2.4bn loan to keep the troubled utility operating through autumn 2027, amid debate over costs and potential government intervention.
How California is bracing for a winter of floods, fires and extreme storms all at once
California faces an exceptional El Niño expected to bring severe storms, flooding, and wildfires simultaneously this winter, with forecasters warning of historically extreme conditions across the state.
Trump just effectively killed a popular solar energy program for rural America
The Trump administration has effectively eliminated solar project funding through the REAP program for rural farmers, citing concerns about farmland preservation and foreign components in solar systems.
Trending COVID 19 News
Nuclear regulator prepares to abandon decades-old radiation safety rule
The Nuclear Regulatory Commission is preparing to eliminate a fifty-year-old radiation safety standard known as ALARA to support nuclear energy expansion for artificial intelligence data centers under the Trump administration.
School districts face a back-to-school math problem: The high price of diesel
School districts nationwide face significant budget strain as diesel prices have surged nearly $2 per gallon compared to last year, affecting the 90% of U.S. school buses that run on the fuel.
Russia says it launched a ‘massive’ overnight strike on 9 Ukrainian cities
Russia conducted a massive overnight strike using missiles and drones against nine Ukrainian cities, causing civilian casualties and infrastructure damage as the conflict continues into its fifth year.
Soaring summer power bills spark protests — and even disconnections
High summer power bills in Oklahoma have sparked widespread protests and utility disconnections, with some residents facing bills exceeding $1,300 as heat waves intensify across the country.
Anthropic tells investors annualized revenue run rate climbed to $65 billion in July
Anthropic reported an annualized revenue run rate of $65 billion in July, representing sevenfold growth year-over-year, as the AI company prepares for an anticipated IPO filing.
Home Depot reaffirms guidance amid ‘frozen housing market conditions’
Home Depot beat earnings expectations and reaffirmed full-year guidance, citing market share gains despite what its CFO called ‘frozen housing market conditions’ limiting consumer spending.
Target says its turnaround is picking up steam, with help from a big tariff refund
Target posted stronger quarterly sales and raised full-year guidance, supported by a $752 million tariff refund boost. The retailer’s comparable sales exceeded Wall Street expectations as its turnaround strategy gains momentum.
Likely BMO swan song shows trucking credit strengthening
BMO’s transportation unit, being sold to Stonepeak, showed strengthening trucking credit conditions in third-quarter earnings, with provisions for credit losses hitting their lowest level since early 2023.
Nvidia stock is on a 7-day losing streak ahead of its big earnings report
Nvidia stock declined for seven consecutive trading days ahead of its earnings report, marking its longest losing streak since 2022, with the stock down approximately 7% during the period.
Visa and Mastercard stocks close at record highs in August 2026
Visa and Mastercard shares closed at record highs in August, with Visa rising 3.1% to $382.41, reflecting continued strength in U.S. consumer spending despite broader economic pressures.
RBC warns on German consumer weakness, cuts H&M and JD Sports forecasts
RBC Capital Markets cut profit forecasts for H&M and JD Sports, citing weak German consumer demand driven by higher costs of living and shifting shopping patterns toward e-commerce.
Gorilla Technology Group Inc. Q2 2026 Earnings Call Summary
Gorilla Technology Group raised full-year 2026 revenue guidance to at least $200 million, with Q2 showing a 95% reduction in operating loss driven by completed deliverables and infrastructure deployment.