Federal Reserve to Cut Interest Rates Despite US Election Uncertainty
The Federal Reserve has decided to cut interest rates despite the uncertainty surrounding the US election. This move comes as a surprise to many, as typically the Fed tries to avoid making major policy...
Kemi Badenoch Named New Conservative Party Leader
Kemi Badenoch has been appointed as the new leader of the Conservative Party, replacing the outgoing leader who resigned last week. Badenoch, a seasoned politician with years of experience in various government roles, is...
Washington Governor Approves Large Wind Farm and Urges Quick Turbine Approvals
Washington Governor Jay Inslee has given his approval for a massive wind farm project, urging officials to speed up the process of approving turbines. The project, known as the Horse Heaven Wind Farm, had...
Keir Starmer Promises Reforms to Soothe Markets
Keir Starmer, the leader of the Labour Party, has made promises to implement reforms that aim to calm the markets. In a recent speech, Starmer emphasized the importance of restoring confidence in the economy...
Potential Long-Term Risk Premium in UK Gilts Post-Budget: Investor Warning
Investors in UK government bonds, known as gilts, are being warned about potential long-term risks following the recent budget announcement. The budget revealed plans for increased government spending, which could lead to higher inflation...
US Job Growth Slows to 12,000 Amid Hurricane and Strike Impact: Biden’s Term Report
In the latest report on US job growth, it was revealed that only 12,000 jobs were added amidst the impact of hurricanes and strikes. This slow growth comes as a challenge for President Biden's...
Challenges in UK Public Finances: Moody’s Warns of Budget Constraints
Moody's, a well-known credit rating agency, has issued a warning about the challenges facing the UK's public finances. The agency has raised concerns about budget constraints that could impact the country's economic stability in...