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18/08/2022
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Money

What 21 billion Facebook friendships say about the economic ladder in the US

04/08/2022 - Leave a Comment

Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in the United States, the company announced today. Along with new insights …

What 21 billion Facebook friendships say about the economic ladder in the US Read More

UK central bank raises interest rate, warns of recession

04/08/202205/08/2022 - Leave a Comment

The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …

UK central bank raises interest rate, warns of recession Read More

Another big Fed rate hike is here to battle inflation. Economy hangs in balance

29/07/2022 - Leave a Comment

With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …

Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More

How 40C heatwave vapourised millions of pounds from UK economy

21/07/2022 - Leave a Comment

The UK recorded its highest temperature ever on Tuesday, exceeding 40C (104F), and prompting a refocus on climate change as the heatwave gripping Europe intensifies. According to the Met Office a record …

How 40C heatwave vapourised millions of pounds from UK economy Read More

Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say

21/07/2022 - Leave a Comment

Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should be grateful about all of …

Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Read More

China’s economy slows sharply, fanning global recession fears

15/07/2022 - Leave a Comment

China’s economy grew at the slowest pace since the start of the COVID-19 pandemic in the second quarter, highlighting the punishing economic toll of Beijing’s stringent “dynamic zero COVID” strategy. …

China’s economy slows sharply, fanning global recession fears Read More

Euro falls to 20-year low against US dollar and approaches parity

08/07/2022 - Leave a Comment

The possibility that a US dollar and a euro will be worth exactly the same is getting closer to becoming a reality. The single currency suffered further falls this Tuesday …

Euro falls to 20-year low against US dollar and approaches parity Read More

US weighs restructuring Trump-era China tariffs to fight inflation

08/07/2022 - Leave a Comment

US President Joe Biden’s administration is looking at whether to cut tariffs on some Chinese imports in a bid to ease inflation, the White House said on Tuesday. Four years ago, former US President Donald Trump imposed …

US weighs restructuring Trump-era China tariffs to fight inflation Read More

UK economy faces double threat of inflation surge, recession risk

01/07/2022 - Leave a Comment

LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …

UK economy faces double threat of inflation surge, recession risk Read More

Creating a wellbeing economy

24/06/2022 - Leave a Comment

Measuring economic, social and environmental prosperity. A new monitor will help inform policy decisions to reduce Scotland’s vulnerability to future financial and environmental shocks, helping build a more prosperous, resilient, …

Creating a wellbeing economy Read More

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