economyChinese Robotics Firms Disrupt UK Retail Amid Labour Shortages
China's robotics firms are transforming the UK's retail industry amid labour shortages and weak productivity growth
RSS Wire Markets BureauJul 29
[ Market Sector ]
Macro Economy & Policy
Inflation, GDP, Federal Reserve decisions, and global economic data.
economy
economyUK's Trump-Era Trade Deal Loses Luster
The UK's trade deal with the US, once touted as world-beating, now appears less favorable compared to other countries' agreements
RSS Wire Markets BureauJul 24
economyOne million more UK homeowners set to face higher mortgages
Homeowners face paying £45 a month more on average when they move onto a new deal over the next two years.
PnbMoney StaffJul 7
economyProspective PM Burnham Signals Tax Flexibility While Upholding Core Labour Pledges
Prospective Prime Minister Burnham indicated potential flexibility on tax policy, yet firmly committed to Labour's core pledges against increasing Value Added Tax (VAT), income tax, or national insurance. This stance suggests a nuanced approach to fiscal management, aiming to balance economic needs with electoral promises, potentially influencing market expectations for future government spending and revenue strategies without directly impacting broad consumer and corporate tax burdens.
RSS Wire Markets BureauJul 3
economySingapore Seizes $42M Mansion Amid Probe into Illegal Nvidia AI Chip Trade
Singaporean authorities have seized a $42 million luxury mansion as part of an ongoing investigation into the illicit trade of servers equipped with high-demand AI semiconductors, including those from Nvidia. The probe highlights escalating global scrutiny on black market activities surrounding critical tech components, underscoring supply chain vulnerabilities and regulatory challenges in the booming AI sector.
RSS Wire Markets BureauJul 2
economySouth Korea Unveils Ambitious $880 Billion Chip and AI Investment Plan
South Korea announces a massive $880 billion investment plan in chip and AI technologies to stay competitive with regional rivals.
RSS Wire Markets BureauJun 29
economyUniversity Degrees with the Highest Lifetime Earnings Revealed
New data highlights university degrees with the highest and lowest financial returns over a lifetime, impacting career choices
RSS Wire Markets BureauJun 25
economyA Decade On: Unpacking Brexit's Enduring Economic Toll on UK Markets
Ten years after the UK's departure from the European Union, the long-term economic consequences are increasingly evident. Early predictions by economists of sustained damage to the UK economy appear to be materializing, impacting trade, investment, and overall growth. PnbMoney examines the evolving financial landscape a decade post-Brexit.
RSS Wire Markets BureauJun 23
economyStubHub UK Ordered to Refund 50,000 Customers Over Illegal Hidden Fees by CMA
StubHub UK has been mandated by the Competition and Markets Authority (CMA) to refund 50,000 customers and pay a fine for charging illegal hidden fees. This regulatory enforcement highlights increasing scrutiny on online ticketing platforms and underscores the CMA's commitment to consumer protection and fair trading practices within the digital economy.
RSS Wire Markets BureauJun 23
economyAlan Greenspan, Former Federal Reserve Chairman, Passes Away at 100
Alan Greenspan, architect of the modern American economy, has died at the age of 100, leaving a legacy as the world's most high-profile banker.
RSS Wire Markets BureauJun 22
economyUS Economy Boosts Elon Musk's Ambitions for AI and Space Exploration
The US economy supports Elon Musk's goals for AI development and space travel, fueling innovation and growth
RSS Wire Markets BureauJun 19
economyUK Public Finances Under Strain as Borrowing Surges 30% in May
UK borrowing rose to £23.3bn in May, a 30% increase from last year, sparking concerns over public finances
RSS Wire Markets BureauJun 19
economyFed Holds Rates Steady in Warsh's Debut, Signals Operational Review
The Federal Reserve maintained its benchmark interest rate target between 3.5% and 3.75% following Kevin Warsh's inaugural meeting as head of the central bank. Warsh also announced plans to initiate a comprehensive review of the Fed's operational framework, signaling potential future shifts in how the institution functions and executes monetary policy.
RSS Wire Markets BureauJun 17
economyJapan raises interest rate to highest for 31 years
The Bank of Japan has been raising rates from near-zero since 2024.
PnbMoney StaffJun 16
economyKalshi Mandates Job Disclosures to Combat Insider Trading on Prediction Platform
Prediction betting platform Kalshi is implementing new rules requiring some users to disclose their job details. This move comes in response to growing concerns over insider trading, aiming to bolster market integrity and fairness within its unique trading environment. The initiative reflects a broader push for transparency in novel financial markets.
RSS Wire Markets BureauJun 9
economyFermentation Revolutionizes Food Processing, Unlocking Billions in Economic Value from Waste
An ancient technique, fermentation, is being repurposed to transform food processing byproducts from costly waste into valuable commodities. This innovation is creating new revenue streams, enhancing supply chain efficiency, and fostering sustainable business models across the food industry, attracting significant investment and reshaping market dynamics.
RSS Wire Markets BureauJun 4
economyThe Global Fight Against Financial Scams: Businesses and Nations Unite Amidst Exploding Fraud
Financial scams have surged dramatically in recent years, evolving in sophistication and posing significant threats to investors and corporate integrity. This article explores the critical need for collaborative efforts between countries and companies to develop robust strategies and technologies to combat this escalating global challenge, safeguarding financial systems and consumer trust.
RSS Wire Markets BureauApr 18