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UK Retail Sector Faces Perfect Storm as £7bn Cost Surge and Consumer Confidence Plummet in 2025

The British retail sector is grappling with unprecedented challenges as it enters 2025, facing a projected £7 billion surge in operational costs amid...

Jerome Powell Press Conference After FOMC Meeting
Policy

Fed Unlikely to Cut Rates Early, Experts Say

It is highly unlikely that the Federal Reserve will take the rare step of lowering interest rates between its scheduled meetings, according to...

Jerome Powell
Business

Fed Holds Rates Steady, Signals One Cut This Year

The Federal Reserve announced Wednesday that it will keep interest rates steady, indicating it expects to lower rates just once this year. This...

JPMorgan
Business

JPMorgan’s Dimon Warns of 8% Interest Rates and Recession Risk

Jamie Dimon, the CEO of JPMorgan Chase, has issued a detailed warning about the potential trajectory of the U.S. economy, painting a picture...