From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground.
Like many other economists and experts, Dimon warns that at some stage the government will race a reckoning: They will try to sell debt and find either the market no longer wants to buy it, or the risk has increased to a point where they demand even higher interest payments. The metric that speculators are most concerned by is the debt-to-GDP ratio, in layman's terms: If an economy is growing fast enough to repay and service its debts.
They could build new factories and take manufacturing jobs back from foreign competitors as well as expel every person who, in their view, didn't belong in the United States. They could live in a golden age of plenty and seal it away from others outside the country with a closed, hardened border. Trump told Americans that there were no trade-offs.
Reeves who in July claimed regulators were a boot on the neck of business cheered her recent decisions to sack the chair of the competitions watchdog, shut down the payments regulator, and severely constrain the Financial Ombudsman Service, which UK banks have long lobbied to curtail. However, she said there was still more to do. I want to take out more regulators, there's still too many, Reeves told investment firms gathered in London at the British Private Equity & Venture Capital Association (BVCA) summit
Productivity is a dull word of vital importance. Growing the measure of output for each hour of work is an economic secret sauce, enabling growth in wages and living standards over the long run without stoking inflation.
I honestly don't believe that companies and small businesses should be deterred from employing people. The national insurance rise was one that could have been held back, particularly given the state of the economy.
Payne emphasized the positive economic developments during Trump's presidency, citing how Tim Cook announced a $600 billion investment in the U.S., creating 450,000 jobs.
Alpha Watt's Dafter facility utilizes surplus energy from Cloverland Electric Cooperative, one of America's oldest hydroelectric plants, to stabilize the energy grid.
Danantara, Indonesia's latest sovereign wealth fund, aims to facilitate 8% annual economic growth by consolidating state-owned enterprises for optimized resource management and job creation.
Prices remain stable in the Eurozone as inflation came in at 2% for July, the sixth consecutive month where year-on-year inflation has been 2.3% or less.
Expectations that the ECB would hold its interest rates unchanged could also support yields and the euro. In this regard, ECB officials signaled a more cautious stance.
Cornell has secured a 10-year, $10 million grant renewal to continue work aimed at spurring economic impact and job growth through applied research, development and commercialization of breakthrough technologies.
Mexican President Claudia Sheinbaum's six-year roadmap, Plan Mexico, aims to attract $277 billion in investment and create over 1.5 million jobs annually amid economic challenges.
Labour's Jess Phillips acknowledged the disappointing rise in unemployment, stating, 'The issue of the unemployment figures today is something that every government should be absolutely firmly focused on.'
Regulation was acting like a boot on the neck of business, choking off enterprise and innovation. Cutting red tape would have a ripple effect on the whole economy.
The UK government will review ringfencing rules introduced after the 2008 financial crisis that are meant to protect consumer cash from a bank's riskier business activities in the coming months.
President Trump is taking recent stock-market highs as a sign investors approve of his threats to slap tariffs on trading partners—and so far, the markets are proving him right.
All English regions and the three devolved nations have seen manufacturing output rise back above 2019 levels for the first time. The South West was the strongest performing region with output more than a quarter (27%) above 2019 levels, driven by a surge in spending in the aerospace and defence sectors.
