Jobless Claims Highlight Labor Market Anxiety
Is the US labor market losing its balance? A jump of 11,000 in new jobless claims last week pushed the total to 235,000 — the highest since mid-June and
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P&L Staff
Inflation’s Uneven Impact: The UK, New Zealand, and You
Why does inflation sting some countries—and families—more than others? Recent UK inflation data shows consumer prices up 3.8% in July, projected to crest 4% this fall—double
Tech Tumbles Trigger Market Jitters
After powering this year’s market rally, tech stocks are now the biggest drag. US markets slipped for the fourth day as the Nasdaq slid 0.7% and the S&
Central Banks Grapple With Tariffs and Inflation
What happens when central banks face a double threat: trade turmoil and stubborn inflation? The latest Federal Reserve meeting minutes reveal policymakers deeply divided. Most officials saw upside risks to
Canada’s Inflation Softens, But Warning Signs Linger
While the US and UK grapple with hotter inflation, Canada delivered a rare dose of relief: July inflation cooled to 1.7%, well below both June and expectations. A 16%
Tariff Shockwaves Reshape Trade and Costs
How far will newly expanded US tariffs ripple through the economy? The Trump administration just broadened 50% steel and aluminum tariffs to 407 more product categories—from fire extinguishers and
Markets Wobble as Tech Falters, Rate Hopes Fade
US and global markets lost their footing as Big Tech dragged down indexes and investors braced for policy signals from the Federal Reserve. The Nasdaq slid over 1.4% after
UK Inflation Surprises on the Upside Again
What’s fueling persistent inflation in the UK—and how does it hit everyday life? UK inflation accelerated to 3.8% in July—the highest since January 2024 and slightly
Grocery Aisles: Where Tariffs Bite First
Which foods will cost more first? For shoppers, tariffs aren't an abstract policy—they impact what's on the table. Coffee, olive oil, wine, chocolate, and spices
Markets Watch Powell as Retailers Set the Tone
Is the market bracing for a consumer squeeze? The verdict is mixed, but caution is the mood of the week. Major indices—the Dow, S&P 500, and Nasdaq—
Wages Lag as Inflation Rises Unevenly
Are American paychecks really recovering? Not quite. Wage data from Bankrate shows wages have risen 21.5% since 2021, but that lags behind 22.7% inflation, leaving the average worker
Tariffs Fuel Pipeline Inflation Pressures
Is the era of tranquil inflation coming to an end? The steady drumbeat across recent reports points to a looming shift: while consumers have so far dodged the worst of