US retail sales strong in February; an increase in the price of petrol will affect spending

Column chart titled 'Monthly change in US retail sales'

Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more

Exclusive: Bank of England’s Bailey says investors shouldn’t count on rising UK rates

Exclusive: Bank of England's Bailey says investors shouldn't count on rising UK rates

Bailey said any action by the BoE should limit the damage to the UK economy The MPC is likely to debate the need to move quickly on tariffs Bailey says the situation is not the same as in 2022, firms have less pricing power Stock market prices doubled this year JP Morgan cuts BoE rate … Read more

US consumer confidence is rising, but job opportunities and hiring are falling sharply

US consumer confidence is rising, but job opportunities and hiring are falling sharply

Job opportunities fell by 358,000 in February, led by a decline in small and medium-sized businesses. Layoffs and layoffs increased to 1.721 million, and the rate increased to 1.1%. The Conference Board review shows few plans to buy big-ticket items despite some optimism WASHINGTON, March 31 (Reuters) – U.S. consumer confidence rose unexpectedly in March, … Read more

The UK economy was in recession until the end of last year before the Iran war

William Schomberg

Item 1 of 5 Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo [1/5]Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo Purchase Licensing Rightsopens a new tab UK GDP confirmed at +0.1% in Q4 The Iran war is expected to be a major concern … Read more

China’s factories are experiencing the fastest growth in a year as the risks of war are increasing

Line chart titled 'China factory work'

Item 1 of 2 A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. China Daily via REUTERS/File Photo [1/2]A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. … Read more