High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
Federal Reserve chair Jerome Powell on Tuesday suggested that interest rate
Figures show sales rose 3.5% in March, the first increase above inflation since early in the crisisHigh street retailers benefited from a jump in consumer spending over the Easter bank holiday weekend, according to industry figures showing an increase in footfall and sales despite the cost of living crisis.Data collected by doorway sensors at thousands of shops across the UK showed footfall increased by 7% compared with Easter 2023 over the four days from Good Friday to Easter Monday, while the...
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]
April saw increases to benefits and the state pension
April saw increases to benefits and the state pension
The security-protected bar of Dairy Milk Wholenut was seen at a Co-op in Codsall in Staffordshire.
Natalie Barr has confronted a senior minister in the Albanese administration about the government's perceived lack of action to tackle the cost of living crisis.
Young Australians struggling with the cost of living are being urged to try this saving trick to save $16,000 a year. But it also involves giving up privacy. So would you do it?
POSH Pawn star James Constantinou says that even his wealthiest are struggling in the cost of living crisis. The Surrey-based pawnbroker, who features on the Channel 4 show, said people are despera
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".