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Your guide to a disrupted world
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Average weekly handout is down by 23 per cent
Second-quarter GDP falls by 0.1% as cost of living crisis takes hold and health sector output drops
What the Tory candidates’ tax plans mean for our pockets — if indeed they ever come about
With tax, pensions and logistics costs, the process can be hugely expensive — even before reaching the high-inflation UK
Price pressures might have reached their peak, but the descent is unlikely to be as swift as the surge
Market has declined more than 20% from June record as demand softens and oil supply grows
Worker shortages have coincided with headcount reductions at a time of low unemployment
San Francisco president points to price rises remaining ‘far too high’ but signals initial support for smaller rate increases
Disney’s streaming business defies industry gloom
Tech-heavy index gains as traders bet Fed will temper aggressive interest rate rises
Plus, UK energy bills to climb even higher, a Las Vegas hangover and how to leave your job
Russia’s invasion of Ukraine has increased prices for everything from energy to wheat, adding to the inflationary pressures affecting major economies of the world including the US, UK, Germany and France
Fed’s policy tightening campaign unlikely to be swayed by CPI figures showing annual price increase moderated to 8.5%
Americans hold record amount of debt as Fed prepares to push interest rates higher
Central bank is trying to navigate the best of a set of difficult options
Britain’s most vulnerable households will need more help with soaring fuel bills
Gloomy predictions of a hard landing overlook changes in the private sector and the labour market
A jobs boom silences talk of the US central bank going easy
Rate rises and the contraction of the Fed’s balance sheet may still pull the rug from under the economy and markets
Consumer spending in July stronger than before pandemic but sector warns of ‘incredibly difficult period’
A tragicomedy in two acts
Odds of third straight 0.75 point increase grow after data show economy still red-hot despite central bank’s efforts to cool it
Central bank has primary function to maintain price stability and support government economic policy
Taiwan tensions, BoE governor defends mandate, the return of the tram
The central bank could soon find life has become more complicated thanks to some unorthodox economic policies
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