Economy
Latest articles and news in Economy
EconomyFed Expected to Hold Rates Steady Before Midterm Elections
By Ahmed Abdelsalam The US Federal Reserve is expected to leave interest rates unchanged on Wednesday at its l...
EconomySouth Korea fines Google and Apple $47.6M over app store practices
By Basant El-Faramawy South Korea's media regulator fined Google and Apple a combined $47.6 million on Wednesd...
EconomyUK Chancellor John Healey Unveils Budget 2026 with Energy Bill Cuts
By Basant El-Faramawy UK Chancellor John Healey delivered his first Budget on Wednesday, 28 October 2026, in t...
EconomyUK Budget 2026 targets price cuts on family‑favourite food staples
By Islam El-Sakka The UK government's 2026 budget includes plans to cut prices on a range of family‑favourite ...
EconomyMartin Lewis recommends four changes to Chancellor ahead of UK Budget
By Salma El-Sakka Consumer finance expert Martin Lewis has met with the Chancellor and recommended four specif...
EconomyChinese Markets Lose $2.4 Trillion Amid AI Race With US
By Islam El-Sakka Chinese stock markets have shed trillions of dollars in recent months as investors grow incr...
EconomyUK Budget 2026: Chancellor Healey to Announce Plans at 12:30pm
By Sohaib Shams UK Chancellor John Healey is set to deliver his first Budget today at approximately 12:30pm in...
EconomyUK Cabinet Ministers Leave Downing Street Ahead of Budget 2026
By Karim Hammam British cabinet ministers were photographed leaving 10 Downing Street on Tuesday morning after...
EconomyWalmart Sued Over Frozen Shrimp Bags Allegedly 11% Ice
By Islam El-Sakka Walmart faces a class-action lawsuit alleging that its Great Value brand frozen shrimp bags ...
EconomyUK Chancellor Healey Delivers First Budget Amid Iran War Economic Turmoil
By Ahmed Abdelsalam UK Treasury chief John Healey faces a delicate balancing act as he delivers his first budg...
EconomyUK Budget Targets Cost of Living as Healey Faces Fiscal Constraints
By Fatma Younis British newspapers focus on Chancellor John Healey's first Budget, delivered Wednesday at lunc...
EconomyUK Budget 2026: Healey Scraps Gas Standing Charges, Reverses ISA Cuts
By Ahmed Abdelsalam Chancellor John Healey delivered his first Budget on Wednesday, announcing the abolition o...
EconomyChina Now Supports More Elderly Than Children, Data Shows
By Salma El-Sakka Families in China are now supporting more elderly people than children for the first time, a...
EconomyChancellor Healey to cut gas bills by £50 in 2026 Budget
By Karim Hammam Chancellor Healey is expected to announce a reduction of up to £50 on household gas bills in t...
EconomyHealey unveils low-key Budget 2026 targeting cost of living pressures
By Salma El-Sakka Chancellor John Healey will deliver the Burnham government's first budget in the Commons on ...
EconomyUK Budget to test Labour's promises amid economic constraints
By Basant El-Faramawy Chancellor John Healey is set to deliver a Budget on 27 October 2026 that will test the ...
EconomyUK Budget: Healey Faces Pressure on Fuel Duty, Taxes, Living Costs
By Islam El-Sakka Chancellor John Healey is set to unveil his first Budget on Wednesday amid historic highs in...
EconomyFour Ways Labour Could Raise Budget Funds Without Raising Income Tax
By Basant El-Faramawy Chancellor John Healey faces a shrinking fiscal buffer ahead of this week's Budget, with...
EconomyUK Chancellor John Healey to scrap gas standing charges for 23m homes
By Karim Hammam UK Chancellor John Healey announced on Wednesday that standing charges on gas bills will be ab...
EconomyCruise Ship Odyssey Halts World Voyage in Cambodia Over Fuel Costs
By Sohaib Shams A U.S. residential cruise ship on a three-year global voyage has suspended operations in Cambo...
Australia Inflation Hits 4.3%, Chalmers Blames Middle East War
By Salma El-Sakka Australian Treasurer Jim Chalmers attributed accelerating inflation to the escalating Middle...
EconomyFederal Reserve Likely to Skip Rate Hike Amid Inflation
By Fatma Younis The Federal Reserve is expected to keep interest rates unchanged at its policy meeting conclud...
EconomyHealey Vows 'Fresh Hope' in First Budget as Chancellor
By Ahmed Abdelsalam Chancellor John Healey sought to reassure voters and financial markets ahead of his first ...
EconomyWalmart Faces Lawsuit Over Ice in Frozen Shrimp Packages
By Karim Hammam A class action lawsuit filed in Cook County, Illinois, accuses Walmart of deceiving customers ...
EconomyMost Britons Pessimistic About Economy, Expect Tax Hikes in Healey Budget
By Karim Hammam Two-thirds of Britons are pessimistic about the UK economy's future, and 70 per cent expect ta...
EconomyResidential Cruise Ship Odyssey Halts Operations in Cambodia Over Fuel Costs
By Islam El-Sakka The residential cruise ship The Odyssey halted operations in Cambodia on Tuesday after soari...
EconomyHealey's Budget to freeze fuel duty, cut energy bills
By Ahmed Abdelsalam Chancellor John Healey will use his first Budget to freeze fuel duty and introduce measure...
EconomyUK to scrap gas standing charges from 2027, Treasury says
By Karim Hammam The UK Treasury has announced that standing charges on gas bills will be scrapped from 2027 “o...
EconomyUK Chancellor John Healey to Unveil Budget Today
By Fatma Younis UK Chancellor John Healey is set to unveil the government's tax and spending plans later today...
EconomyTrump Softens Trade Rhetoric on Canada as Midterms Near
By Karim Hammam The Trump administration has softened its combative stance toward Canada on trade just days be...
EconomyUK minimum wage to rise but younger workers face smaller increase
By Karim Hammam The UK minimum wage is set to rise in the upcoming Budget, but workers aged 18 to 20 will rece...
EconomyFed Expected to Hold Rates Steady as Inflation Dominates Midterm Concerns
By Islam El-Sakka The Federal Reserve is meeting in Washington this week and is widely expected to keep benchm...
EconomyUK Chancellor Healey targets cost of living crisis in first budget
By Fatma Younis Chancellor John Healey will deliver his first budget on Wednesday, acknowledging the UK faces ...
EconomyTrump's Oil and Gas Holdings Doubled Amid Iran Conflict
By Fatma Younis President Donald Trump's personal investments in oil and gas stocks have nearly doubled in val...
EconomyTrump Administration to Resume Student Loan Wage Garnishments
By Salma El-Sakka The Trump administration is preparing to resume wage garnishments for federal student loan b...
EconomyBrazilian Real Depreciates Following Lula's Re-election
By Islam El-Sakka The Brazilian real has experienced a significant decline following the re-election victory o...
EconomyMajority of Britons support cutting benefits to fund defense
By Salma El-Sakka A new poll reveals that a majority of Britons support reducing welfare spending to increase ...
EconomyImpact of Burnham's First Budget on UK Pensioners
By Islam El-Sakka The upcoming budget presented by Chancellor Rachel Reeves is expected to have significant im...
EconomyRoyal Mail Pauses Major Overhaul Ahead of Christmas
By Basant El-Faramawy Royal Mail has decided to delay its major postal restructuring program to prepare for th...
EconomyAnthropic Plans Massive Nasdaq Debut Amid Large Losses
By Fatma Younis Artificial intelligence firm Anthropic has disclosed financial details ahead of its planned pu...
EconomyFCA Study Links Flood Risk to English Mortgage Market
By Fatma Younis The Financial Conduct Authority (FCA) is examining the relationship between flood risk and the...
EconomyBrits Saving Months in Advance for Christmas Costs
By Islam El-Sakka British households are increasingly setting aside money months in advance to prepare for the...
EconomyJet2 Extends Fuel Surcharge Commitment Until 2028
By Fatma Younis Jet2 has confirmed that it will not impose fuel surcharges during the upcoming winter season. ...
EconomyBlack Friday 2026 Guide: Essential Tips and Advice
By Islam El-Sakka As shoppers prepare for the upcoming retail season, understanding the timing and strategy be...
EconomyFinancial strategies to consider before the Autumn Budget
By Ahmed Abdelsalam As the government prepares to announce its first Autumn Budget under the leadership of Pri...
EconomyComputacenter raises profit forecast on AI demand
By Sohaib Shams Computacenter has increased its annual profit outlook following a record-high backlog of order...
EconomyPlus500 Upgrades Outlook as Customer Base Surges
By Karim Hammam Trading platform Plus500 has raised its full-year sales and earnings guidance following a sign...
EconomyUK Budget 2026: Key Measures and Economic Outlook
By Karim Hammam Chancellor John Healey is set to deliver his first Budget on October 28, outlining the Labour ...
EconomyUK Chancellor John Healey to Deliver First Budget
By Basant El-Faramawy Chancellor John Healey is set to deliver his first Budget this Wednesday, addressing cri...
EconomyPost Office Cash Deposits Rise as Households Save for Christmas
By Basant El-Faramawy The Post Office has reported a significant increase in personal cash deposits, suggestin...