#economy
5 stories
Business3h ago
The 'Upper-Middle-Class Trap': Why $300,000 a Year Stopped Feeling Like Winning
Households earning $200,000 to $400,000 are working more for goods and services of declining quality, argues Ritholtz COO Nick Maggiulli.
peatpost Desk
Business4h ago
Almost a Million Young Britons Are Neither Working Nor Studying
981,000 people aged 16 to 24 were out of work, education or training in the spring quarter — down on the start of the year, up on last year.
peatpost Desk
Politics4h ago
Burnham Summons Wales, Scotland and Northern Ireland to an Economic Summit
The prime minister revives Gordon Brown's National Economic Council and floats extending England's mayoral model across the union.
peatpost Desk
Markets1d ago
Core Prices Rose 3.3% in the Year to July, the Fed's Preferred Gauge Shows
Headline PCE came in at 3.7%, a tenth above consensus. Income and spending both beat expectations.
peatpost Desk
MarketsAug 13
Britain's Night Economy Is Worth £110bn. It Has No Policy.
A business rates cut for pubs and clubs was welcome. But 27% of the workforce works nights, and most of them are not in hospitality.
peatpost Desk