Budget 2024: Jeremy Hunt announces 2p cut in national insurance
Jeremy Hunt has announced a 2p national insurance cut in his budget as a pre-election gambit to revive flatlining opinion poll ratings and reboot Britain’s economy from recession. In what could be the last major economic intervention before voters go to the polls, the chancellor said the…#jeremyhunt #tory #labour #nhs (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2024 Category: Consumer Health News Source Type: news
UNISON opinion: The budget will deliver more cuts and more pain
By UNISON general secretary Christina McAnea
Working people are bearing a triple burden. The cost of living crisis is still here, taxes are weighing heavy on workers, and in return, we’re getting broken public services that can’t guarantee support for everyone.
It’s even more galling for public service workers – they spend their working lives propping up essential services, only to be undermined at every turn by the Westminster government.
Underfunding services and undervaluing the workforce sabotages every effort made in hospitals, councils, schools, care homes and in the community.
The prime minister and the chan...
Source: UNISON Health care news - March 5, 2024 Category: UK Health Authors: Christina McAnea Tags: Article General Secretary's blog budget Christina McAnea Opinion Source Type: news
One woman saw the Great Recession coming. Wall Street's boys club ignored her
As chair of the Commodity Futures Trading Commission, Brooksley Born saw the financial crisis coming. But no one listened. Andrius Banelis for BI This is an excerpt adapted from "WOMEN MONEY POWER: The Rise and Fall of Economic Equality." When Lehman Brothers filed for bankruptcy in the fall of…#andriusbanelis #lehmanbrothers #brooksleyborn #stanforduniversity #stanfordlawschool #stanfordlawreview #vietnam #supremecourt #associatejustice #henryedgerton (Source: Reuters: Health)
Source: Reuters: Health - March 4, 2024 Category: Consumer Health News Source Type: news
Why The Fed Will Not Cut Rates in 2024
The market came into 2023 expecting a recession. The market went into 2024 expecting six Fed cuts. The reality is that the US economy is simply not slowing down, and the Fed pivot has provided a strong tailwind to growth since December. As a result, the Fed will not cut rates this year, and rates…#8surveys (Source: Reuters: Health)
Source: Reuters: Health - March 4, 2024 Category: Consumer Health News Source Type: news
Meet the'Granolas '
Finding a positive story in Europe’s flatlining economy has been tough recently. Between red-flashing recession signals, falling production, and a flight of money from its biggest companies to the U.S., the continent is in a pretty bad state, especially when compared with its allies across the…#atlantic #goldmansachs #granolas #goldman #gsk #roche #asml #nestle #novartis #novonordisk (Source: Reuters: Health)
Source: Reuters: Health - March 3, 2024 Category: Consumer Health News Source Type: news
Finland ’s Fourth-Quarter Economic Contraction Deeper as Recession Takes Hold
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Source: Reuters: Health - March 2, 2024 Category: Consumer Health News Source Type: news
Why this won't be the Budget that Jeremy Hunt wanted
An economy in recession and high borrowing costs mean there will not be a bumper election giveaway. (Source: Reuters: Health)
Source: Reuters: Health - March 1, 2024 Category: Consumer Health News Source Type: news
Businesses investment per worker is back to where it was in 2004
While Canada dodged a recession in the fourth quarter, the good news was once again obscured by a dismal trend that’s been plaguing the economy: weak business spending. Business investment fell for the sixth time over the past seven quarters, according to Statistics Canada. But when measured on a…#statisticscanada #florencejeanjacobs #desjardins (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news
Canadian dollar steadies after GDP beat; falls 1% in February
The Canadian dollar CADUSD was little changed against its U.S. counterpart on Thursday as domestic data showed the economy staying out of recession, with the currency steadying after it hit a 2-1/2-month low the day before. The loonie was trading nearly unchanged at 1.3570 to the U.S. dollar, or…#bankofcanada #nathanjanzen #royalbankofcanada #federalreserve #ustreasuries (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news
Turkish Economy Is Skirting Recession Even as Rates Shoot Higher
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Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news
Goldman exec weighs in on what's next for economy
In 2022, many economists said a recession was highly likely in the next 18 months. One of them was Harvard’s Larry Summers, a former Treasury secretary. He noted that anytime in the past 65 years when inflation rose above 4% and unemployment fell below 5%, the economy entered recession in the…#harvard #larrysummers #treasury #federalreserve #goldmansachs #davidsolomon #evidenceofpostfed #goldman #cathiewood #teflon (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news
Small business owners report growing optimism about the U.S. economy,
Small business owners are feeling better about the U.S. economy as inflation cools and recession fears subside, according to a new survey. Indeed, economic optimism among smaller employers is at a 22-year high, PNC Financial Services Group found in polling small and midsize business owners. A…#pittsburgh #gusfaucher #pnc #sba #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news
Eurozone's Bitter Mood Points to Stagnation, or Worse
Gloomy sentiment across the eurozone economy makes it ever clearer that the bloc is close to recession, says Andrew Kenningham, chief Europe economist at Capital Economics.#andrewkenningham #capitaleconomics (Source: Reuters: Health)
Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news
Yield Curve: Still a Worthy'Recession' Indicator?
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Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news
This might be the economy that liberals wanted, but do most voters feel the same?
Wage growth is outpacing inflation, unemployment is low, inflation has plummeted since its peak in June 2022, and the economy seems to have averted a recession to get there. On top of that, productivity has also trended up over the last few years. There’s a lot to like in the economy right now,…#democrats #victoriaguida #politico #kairyssdal #marketplace (Source: Reuters: Health)
Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news
