Employers should teach primary-age children about work, says Milburn
Children should be introduced to the world of work at the start of primary school, says the author of a major report into youth activity in the UK.
Economy
SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities
August 11, 2026, 3:59 AM EDT. Paytm shares climbed almost 12% across two sessions, reaching a 52-week peak of Rs 1,639.90 on NSE on the back of strong buying momentum. Bernstein has increased its target price to Rs 2,20…
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest rates
Isabel Schnabel: Monetary policy in a world of overlapping shocks
Inflation is back and weighing once again on people’s everyday lives. Just as the euro area was putting the post-pandemic inflation surge behind it, new shocks have hit.
Softer-Than-Feared US Inflation Despite Robust Spending
U.S. inflation rose less than expected in August, while consumer spending remained strong in Washington. The softer price data reduced urgency for another October Federal Reserve rate hike, though one by year-end remain…
GDP Strength Masks the Fed’s Bigger Problem: An Economy Still Running Hot
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed will likely soon be cutting, but Diane Swonk isn’t popping Champagne.
WTI set for monthly gain amid US-Iran stalemate
West Texas Intermediate (WTI) Oil rebounds on Wednesday and remains on track for a monthly gain of around 5.5%. The lack of progress in US-Iran negotiations to reopen the Strait of Hormuz keeps geopolitical risks elevat…
Trump calls for Powell’s resignation after IG report on cost overruns
WASHINGTON — The Federal Reserve’s independent watchdog said Wednesday it found no reasonable grounds to believe there was a violation of federal law in a multibillion-dollar renovation project that drew criticism from …
SEC Proposes Amendments to Expand Responsible Retailization of Private Markets
23 March – Retail Investments: The FCA published information and examples to help firms make judgements when designing consumer segments for targeted support relating to retail investments.
ECB’s Schnabel says yields surge could cool inflation pressures
European Central Bank (ECB) Governing Council member Isabel Schnabel said Wednesday that high costs are passed through to consumers more quickly when the economy is resilient.
New UK gas and oil projects are a ‘no-brainer’, says EDF boss
New oil and gas projects are a “no-brainer” that pose “no contradiction” to the net zero agenda, according to the head of EDF Energy.
Regulating AI 'not the right place to start' says Bailey
The Governor of the Bank of England has said regulating artificial intelligence (AI) "is not the right place to start" but instead called first for "rigorous" testing to find vulnerabilities and create safeguards to con…
Forex Today: Fedspeak, Jobless Claims and ISM data steal the show
The US Dollar (USD) has traded with marginal gains, coming under pressure following daily tops near 101.50 as investors evaluated softer-than-expected PCE data in August and trimmed some bets on extra tightening by the …
Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating
The price cap is to soar for about 20 million households in Great Britain from January, but there are ways to saveEnergy bills in Great Britain forecast to jump by £276 a year from JanuaryHousehold energy prices are set…
Christine Lagarde: Interview with La Croix
You have experienced all the major crises: the financial crisis of 2008 when you were the French Minister of the Economy, the Greek crisis and sovereign debt crisis in Europe when you were head of the International Mone…
Gold can’t catch a PCE break as long US yields keep climbing
Gold prices (XAU/USD) retreated on Wednesday, down 0.6%, after US inflation data came in above the Federal Reserve’s (Fed) 2% goal but below estimates, prompting investors to price in a less hawkish central bank than ex…
SEC Charges Two Individuals With Orchestrating Fraud Scheme That Targeted Veterans
The U.S. Securities and Exchange Commission announced charges on September 30, 2026, against Christopher Kenji Dinelli and Jacob David “Kobe” Frankel for allegedly orchestrating a fraud scheme that raised more than $8.7…
Euro finds support as softer US PCE data prompts traders to trim Fed rate-hike bets
EUR/USD holds modest gains on Wednesday as traders assess the latest economic data from both sides of the Atlantic. At the time of writing, the pair trades around 1.1363, up 0.20% on the day, after touching 1.1312 on Tu…
EUR/USD Price Forecast: Monthly outlook mixed, daily chart remains bearish
EUR/USD remains on the defensive on Wednesday as a broadly stronger US Dollar (USD) weighs on the pair, leaving the Euro on track for a loss of more than 2% in September. At the time of writing, EUR/USD trades around 1.…
ECB’s Lagarde warns France needs a credible path to rein in debt
European Central Bank (ECB) President Christine Lagarde said that France’s debt situation is “serious at 120% of GDP and without a path to lowering it.”
U.S. core PCE rises 0.2% month-on-month in August, cooler than expected
Consumer prices posted a smaller-than-expected increase in August from a year ago, according to the Federal Reserve's primary inflation gauge, the Commerce Department reported Wednesday.
China: Targeted support and cautious stabilization signs – Societe Generale
Societe Generale analysts note China has unveiled targeted support measures, including a 25bp cut to the PBoC’s PSL rate and expanded relending quotas for innovation, technology, agriculture and small businesses. Mortga…
FTSE 100 today: Stocks close lower after cooler-than-expected U.S. inflation data
The FTSE 100 was down 54 points as Thursday afternoon wore on, apparently unmoved by the rather more cheerful mood across the Atlantic.
Japanese Yen advances as US PCE shifts Fed rate hike bets toward December
USD/JPY falls 0.30% on Wednesday and trades around 156.80 at the time of writing, as the US Dollar (USD) comes under selling pressure following softer-than-expected United States (US) inflation data.