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...newsletter (for Premium subscribers), Chris Giles says the most likely scenario is that policymakers in the US and beyond will keep interest rates restrictive for a while yet, even if they are reduced a little...
...Compared with the US and the UK, the path to rate cuts in Europe is a little less certain....
...Economic forecasting is little more than performance art, writes former Bank of England chief economist Andy Haldane, describing it as “largely performative, typically opaque, nine parts art to one part...
...Xiaohongshu or “little red book”, China’s answer to Instagram, has made its first profits as advertising and ecommerce revenues ramp up....
...Elon Musk’s hyping of his Neuralink project on brain-computer interfaces may be a little overdone but it has shone a light on a technology that strikes many as far-fetched, but which has recently started...
...As our Big Read elaborates, some say it is too little too late....
...The FT revealed earlier this week that Hunt was considering another squeeze on public spending to pay for tax cuts but a new set of internal fiscal forecasts showed he has little room for manoeuvre....
...Comfort food has also been a winner, perhaps because a little of what you fancy has helped ease people through these troubled times....
...Need to know: UK and Europe economy The UK economy is set for a period of “grey gloom” with little perceptible improvement to living standards as growth stagnates, at least according to economists polled...
...Loretta Mester, a senior official at the US Federal Reserve, today tried to dampen expectations, arguing that markets had jumped “a little bit ahead”....
...Today’s data follow stats yesterday suggesting labour market pressures were easing a little....
...explains how mining company Anglo American is “moving from warming the world to feeding the world” with its $9bn investment in a UK mine that will produce a fertiliser mineral for which there is currently little...
...Concerns about surging oil prices if the conflict in Gaza widens have, however, eased a little as bearish economic data damps anticipated demand....
...showed the decision to increase rates last month to a record high of 4 per cent was a close call, with a final decision concluding that “the risks of tightening too much and the risks of tightening too little...
...Exxon also reported third-quarter earnings had risen to $9.1bn, up from $7.9bn in the previous three months, thanks to the oil price increase and more refining activity, although a little lower than expected...
...The UK economy performed slightly better than expected in the first half of the year and grew a little in the latest quarter, but the news looks unlikely to change the current miserly outlook for growth....
...“Very little currency comes into the country, so a currency famine has formed,” said Vladimir Milov, a former deputy energy minister who now opposes the Kremlin from exile....
...Purchased two decades ago when property prices allowed a journalist to do so, it was in need of a little renovation....
...Last week Exxon revealed that its chief executive, Darren Woods, had received remuneration of $36.9mn last year, slightly more than Calhoun and almost four times as much as the heads of Shell and BP....
...Need to know: global economy Talks between the US and Mexico on trade problems involving energy and the motor industry have ended with little progress, frustrating business leaders who say neither government...
...Jobless Chinese graduates, unenthused by work opportunities, are getting little sympathy from their head of state, who has previously urged them to “roll up their sleeves” and try manual work....
...“It is better to sound a little more hawkish and be prudent about how fast inflation will fall than to be caught out by a negative surprise, which is a problem for a central bank.”...
...Joe Biden: The drama has barely dented the president’s agenda, writes Edward Luce, with Republicans coming out of the fiscal brinkmanship with little to show for it....
...I don’t regret that, but I understand now what was going on a little bit.”...
...Investor interest in air taxis has waned a little. A big problem is that there’s nowhere to land, the Lex column says....
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