Category: Economy

UK credit card borrowing increased the most since 2005 as the cost of living crisis deepens, data published by the Bank of England showed Tuesday. Consumers borrowed an extra GBP … Read More

Chinese Internet company Baidu.com Inc. (BIDU) reported Tuesday a profit for the second quarter compared to a loss last year, which was weighed down by a hefty fair value loss … Read More

The challenge the Australian government’s jobs and skills summit must address is clear. We have an economy approaching full capacity with a lack of workers now a critical issue. Nine … Read More

When mortgage interest rates or energy bills go up, it’s front-page news. However, when insurance premiums rise, it’s often in the business section. Such was the case when Suncorp – … Read More

The cost of living continues to grow at a worrying pace in the U.K. as real wages dropped by an annual 3% in the second quarter of 2022, marking the … Read More

In response to rising inflation, several states have approved sending, or have already issued additional stimulus checks to their residents. Most of the states are issuing these additional stimulus checks … Read More

Navigating the maze-like showroom that is an Ikea store has always been notoriously difficult. But last weekend, hundreds of shoppers in Shanghai found themselves barging their way past security guards … Read More

After yesterday’s report showing U.S. consumer prices came in flat in the month of July, the Labor Department released a separate report on Thursday showing producer prices unexpectedly decreased during … Read More

First-time claims for U.S. unemployment benefits saw another modest increase in the week ended August 6th, according to a report released by the Labor Department on Thursday. The report showed … Read More

No matter what indicator you use, Russian President Vladimir Putin is winning in the energy markets. Moscow is milking its oil cash cow, earning hundreds of millions of dollars every … Read More

China’s service sector growth gained momentum in July driven by a recovery in operating conditions and client demand following the easing of the pandemic related restrictions, data released by S&P … Read More

While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) trimmed its adjusted earnings and revenue guidance for the full-year 2023. It also provided … Read More