Bank of England Cuts Interest Rates as British Economy Weakens
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Bank of England Cuts Interest Rates as British Economy Weakens

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in inflation. Policymakers cut the key rate a quarter point to 4.5 percent as…

European Central Bank Cuts Interest Rates as Economic Growth Stagnates
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy. Policymakers lowered the bank’s key rate a quarter point to 2.75 percent as inflation remained relatively close to their 2 percent target….

U.K. Government Backs Heathrow Expansion in Push for Faster Growth
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U.K. Government Backs Heathrow Expansion in Push for Faster Growth

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Rachel Reeves, Britain’s top finance official, on Wednesday laid out plans to revive the country’s flagging economy, including supporting the addition of a third runway at Heathrow Airport, after her first budget rocked business confidence. An additional runway is “badly needed” to increase…

Japan Raises Interest Rates to Highest Level Since 2008
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Japan Raises Interest Rates to Highest Level Since 2008

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the early 1990s, just before the spiral of price deflation and economic stagnation that became known as “the…

U.S. Oil Production Is Booming. Oil Jobs Are Not.
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U.S. Oil Production Is Booming. Oil Jobs Are Not.

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract,…

China’s Trade Surplus Reaches a Record of Nearly Trillion
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China’s Trade Surplus Reaches a Record of Nearly $1 Trillion

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports. When adjusted for inflation, China’s trade surplus last year far exceeded any…