#economic-weakness

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US politics
fromFast Company
1 week ago

The U.S. just unexpectedly lost 92,000 jobs. Here's how that could affect Fed interest rates, gas prices, and the Iran war

The U.S. economy lost 92,000 jobs in February with unemployment rising to 4.4%, marking the worst jobs report since the COVID pandemic, while geopolitical tensions with Iran drive oil prices above $90 per barrel.
fromLondon Business News | Londonlovesbusiness.com
7 months ago

Behind Bank of England rate cut: Weak growth, falling revenues and looming tax squeeze - London Business News | Londonlovesbusiness.com

The Bank of England has cut interest rates to 4%—its fifth reduction since last August—delivering welcome relief for borrowers, but also sending a stark warning about the health of the UK economy.
UK news
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