BoE chief economist urges caution over rate cuts Newsflash: The chief economist of the Bank of England has warned against cutting interest rates “too far or too fast”, a day after his boss signalled that the BoE could take a “more aggressive” position. Huw Pill has told the Institute of Chartered Accountants for England and…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to a research by the Economic Policy Institute. This trend has often been referred to as wage stagnation. But more recently, economists have…
Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric vehicle to its robotaxi fleet. Courtesy image Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric…
Andrew Flintoff is to relaunch his television hosting career by fronting a one-off Christmas special of the gameshow Bullseye. It will be the former England cricket captain’s first presenting role since he was airlifted from a serious car accident while filming Top Gear in December 2022. The crash left him with facial injuries and broken…
Hurricane Helene hit the Florida coastline as a category 4 hurricane with mean wind speeds of 140mph, making it the strongest hurricane on record to strike the Florida Big Bend region. It carried on northwards through several states in the south-eastern US, causing significant devastation. Two hundred people are known to have died, making it…
Former president Barack Obama will crisscross the battleground states for Kamala Harris, with a kickoff in all-important Pennsylvania next week, according to a senior Harris campaign official. Obama will hold his first event in Pittsburgh, Pennsylvania next Thursday, the beginning of a blitz across the handful of rust belt and sun belt states that will…
Ed Miliband has urged his party to stop selling access to senior government ministers, after it emerged Labour had offered company bosses breakfast with the business secretary, Jonathan Reynolds, for up to £30,000. The energy secretary defended his cabinet colleague on Friday, saying he knew nothing about the breakfast, details of which were revealed by…
Queensland police have cast a nationwide and international call to women linked to the husband of a woman who was found dead in suspicious circumstances near a lawnmower. Police on Friday said Robert Crawford had “connected” with women across Australia and around the world, including some via dating apps, before Frances Crawford’s death in the…
A man living in a Florida island city that was inundated with Hurricane Helene’s deadly storm surge reportedly used his surfboard to rescue about a dozen of his neighbors – as well as pets – from flooded homes. As told by WTVT, Marty Thomas’s heroics on Indian Rocks Beach provided one of a precious few…
Billionaire mining magnate Gina Rinehart not only wanted two unflattering portraits of her removed from exhibition at the National Gallery of Australia; she wanted them “permanently disposed of”. According to emails released by the museum under freedom of information laws on Thursday, Rinehart sought the assistance of the NGA’s chair, Ryan Stokes, on 8 April,…
