Global Economy
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UK Faces Tough Budget Decisions as Rachel Reeves Addresses Challenges Ahead
In a rare pre-Budget speech at Downing Street, Shadow Chancellor Rachel Reeves acknowledged the difficult…
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Resignation of OBR Chairman Sparks Questions About Government Accountability
Richard Hughes, the head of the Office for Budget Responsibility (OBR), has announced his resignation.…
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UK Financial Stability at Risk Amid AI Growth and Rising Interest Rates
Harriet Rachel Reeves, the shadow Chancellor of the Exchequer, is eager to see more savers…
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Halloween Spending Surges as Celebrations Expand Beyond Tradition
As Halloween creeps in, British consumers are going all out with their spending. This upswing…
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Rachel Reeves Commits to Overcome Economic Challenges
Or so Rachel Reeves, the UK’s Shadow Chancellor of the Exchequer, is hell bent on…
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US Job Market Declines as Federal Reserve Cuts Interest Rates Again
As the US economy took a step back in September, ADP last week recorded the…
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Halloween Spending Surges as Festivities Begin Early
As Halloween approaches, businesses across the UK report a significant increase in spooky spending, signaling…
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Federal Reserve Lowers Interest Rates Amid Economic Uncertainty
The Federal Reserve cut its target for the short-term lending rate by 25 basis points.…
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Rachel Reeves Vows to Defy Gloomy Economic Forecasts
Rachel Reeves, the UK Shadow Chancellor has made headlines this week for promising to “defy”…
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US Economy Posts Strongest Growth in Two Years
In the third quarter of 2023, the United States economy overall boomed at an annual…