-
Gen Z is working hard, but the economy is putting the American dream out of reach for many
Labor force participation near its highest level in decades, yet soaring mortgage rates and home prices delay major life milestones for Gen Z.
-
Labour should ditch triple-lock pensions promise, says OECD
The OECD has urged Labour to abandon the state pension triple lock, arguing that the policy is putting growing strain on the UK’s public finances and creating long-term fiscal risks. The intervention matters because it adds international weight to domestic calls for reform at a time when the government is trying to balance weak growth,…
-
China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live
China’s economy grew by 4.3% in the second quarter, one of its weakest rates in years, missing forecasts and slipping below Beijing’s target range as weak domestic demand offset strong exports. That matters because slower Chinese growth can affect global trade, investment and market confidence. At the same time, Thames Water said it has enough…
-
Seattle residents say they are in ‘survival mode,’ selling homes as high prices squeeze middle class
A Microsoft employee's family is selling their Seattle home and downsizing as groceries, gas, insurance and housing costs surge amid record local inflation.
-
Confessions of a Shopaholic: a charming Isla Fisher romcom worth taking to the checkout
The PJ Hogan-directed film may not have the polish of The Devil Wears Prada but it has new relevance in the buy now, pay later era The year was 2009. The global economy was enduring the final throes of the worst financial crisis since the second world war and Isla Fisher, clad with an American…
-
Electric cars can be tracked for Rachel Reeves’ 3p-a-mile tax sting and cost will rise with inflation
Rob Hull reveals what you need to know as new report lands on the plan to tax EV owners for every mile they drive.
-
Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last year Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics. The…
-
BBC finances strain despite hit shows as licence base declines
The BBC says its finances are under growing pressure even though some of its programmes continue to perform strongly, because the number of households paying the TV licence fee is falling. That matters because the licence fee remains the corporation’s main source of income, so a shrinking payer base raises questions about how sustainable the…
-
The BBC Remains the U.K.’s Leading Media Brand — But License Fee Reform Is Desperately Needed
The broadcaster’s Annual Report has arrived and spotlighted extensive funding woes, an uptick in formal bullying and harassment cases, and billions generated for the British economy.