Headline inflation increased from 2.6% to 2.9% year-on-year. Core inflation remained at 2.6%, above the 2.5% forecast. Services inflation held at 3.4%, instead of rising to 3.5%. Wage growth slowed, while unemployment benefit claims increased by 27,800. The Bank of England is expected to leave interest rates unchanged tomorrow. Energy pushes headline inflation higher UK […]
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Hasbro, the company behind popular games including Monopoly, Dungeons and Dragons, Play-Doh, and Transformers, is preparing for a major transition. This could affect hundreds of its employees, who face job losses just as the holiday Read more…
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Depending on which data you’re watching, U.S. consumers are either extremely resilient or reaching their breaking point after years of stubborn core inflation and the added pressure of rising gas prices due to the war Read more…