Jan 9, 2025 | Markets
Job cuts were up 5.5% last year versus 2023, Challenger says Market and economic conditions were top reason cited for cuts US companies pared back hiring plans in 2024 as employers announced the smallest additions to headcount in almost a decade, according to figures...
Jan 9, 2025 | Markets
Consumer inflation decelerated for fourth straight month Persistent deflationary pressures threaten to curtail spending China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out...
Jan 8, 2025 | Markets
Chancellor to reaffirm her fiscal rules in speech this month Treasury under fresh pressure from soaring borrowing costs Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring UK borrowing costs wipe out her fiscal...
Jan 8, 2025 | Markets
US 20-year bond yield crosses threshold last seen in 2023 Inflationary angst, the fiscal trajectory, rattles markets The selloffs that keep flaring in the world’s bond markets are pushing yields toward key thresholds amid escalating worries about elevated inflation,...
Jan 8, 2025 | Markets
Central bank chief speaks as government reworks 2025 budget Villeroy says France-Germany spread has widened dangerously Bank of France Governor Francois Villeroy de Galhau said the government must be as ambitious as possible with budget cuts to tackle the “chronic...
