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The Latest Breaking News from Chris Williamson

UK faces ‘stagflation’ warning amid rising costs and faltering growth

A survey of businesses found slight growth in the private sector, but companies are still concerned about the prospect of job cuts and inflation.

Evening Standard

Private sector hiring falls at fastest rate in nearly four years after Budget

Businesses said increases in the cost of employing people plus falling confidence were making it harder to recruit new staff.

Evening Standard

WNBA Fans Had Jokes About Valkyries Not Selecting Storm Player in Expansion Draft

Golden State chose a player from every team but one.

Sports Illustrated

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Private sector output shrinks for first time in more than a year

Businesses reported falling activity amid a slump in optimism.

The Independent UK

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Survey shows households’ economic fears, while Goldman Sachs predicts impact of increase in employer NICs

The Guardian - UK

British businesses grow at slowest rate in 11 months amid Budget uncertainty

Chancellor Rachel Reeves has struck a pessimistic tone around the Budget, warning of ‘tough decisions’.

Evening Standard

UK business activity expands in ‘encouraging start to second half of year’

S&P Global flash composite purchasing managers’ index shows July rise for manufacturing and services sectors

The Guardian - UK

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The Pelicans savagely roasted Stephen A. Smith with 1 picture after he talked about Zion Williamson’s weight on First Take

The Pelicans clapped back at Stephen A. Smith for Zion

USA Today Sports Media Group

Stocks Rebound Ahead of January Jobs Report

The main indexes recovered from Wednesday's widespread selling as investors looked ahead to key jobs data.

Kiplinger

UK factories cut production for 11th month in a row amid tensions in Red Sea

Dominant services sector expanded more than expected, boosting overall outlook for British economy, according to survey

The Guardian - UK

‘A whiff of 2008’: analysts detect danger in Bank of England’s crackdown on inflation

With wages growth and job vacancies slowing, the monetary policy committee should hold interest rates again if it wants to avoid storing up trouble

The Guardian - UK

The Liberty are getting destroyed in the WNBA Finals and the memes are equally ruthless

Somebody come look at this. A beatdown is happening in Las Vegas.

USA Today Sports Media Group

UK recession risk grows as higher interest rates weigh on firms

Service sector and manufacturing output falls, with cost of living crisis also hitting businesses

The Guardian - UK

UK on recession alert amid slump in private sector activity

Poor performance in services industry and manufacturing is mirrored in eurozone

The Guardian - UK

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The Independent UK

Recession fears grow as UK business activity shrinks

August sees a sharp downturn – one of the ‘steepest contractions’ since the 2008 global financial crisis

Daily Mirror

Steelworkers march on Parliament demanding help to save 'crisis-hit' industry

Hundreds of steelworkers converged on Westminster to highlight the threat to their industry and call on the Government to help the switch the "green steel"

The Guardian - UK

Britons splash out on holidays in boost for UK economy

Report shows fastest rebound in private sector output in a year, with interest rate rise likely next month

Investors Business Daily

S&P Global Finds Majority Of 300 Funds Are Warming Up To One Sector In Particular

S&P Global Investment Managers' Index showed returning risk appetite with a focus on growth and cyclical stocks in tech, energy and health care.

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news in one place.

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Radio France Internationale

Eurozone economy starts growing again with positive indications for 2023

The Eurozone economy grew in January for the first time in six months, raising hopes that Europe will manage to avoid recession this winter.

Fortune

‘Recession worries’ dominate among U.S. investors, S&P survey finds

“The mood among U.S. equity investors has soured in December,” said the report’s author.

WEKU

It’s been decades since toxic dust rules for mines have improved. Lawmakers are taking notice.

Investors Business Daily

Dow Jones Breaks June Low; Powell Speaks; Crude Oil Crushed

The Dow Jones Industrial Average broke the June low on Friday while markets awaited Powell's afternoon speech.

The Guardian - UK

Is Bank of England about to break precedent on interest rates?

Markets expect 0.5 percentage-point rise for first time since independence as inflation rises

Benzinga

S&P Global US Manufacturing PMI: Production Falls As Demand Weakens - Where Is This Economic Trend Headed?

On Monday, The S&P Global U.S. Manufacturing PMI (purchasing managers index) for July was at its lowest in the past two years as output and new orders decreased.

The Guardian - UK

Rising interest rates will hit already weak UK economy, output shows

Latest snapshot of private sector activity reveals manufacturing and services struggling with rising costs

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