Economy

ConnectOne Bank CEO: what Kevin Warsh’s ‘quieter Fed’ can teach CEOs about communicating uncertainty

Federal Reserve Chair Kevin Warsh has adopted a more cautious communication approach by moving away from detailed forecasts that markets have grown accustomed to....

U.S. Treasury dismisses IMF debt warning and ‘messy’ forecasting

David Zervos, counselor to the U.S. Treasury Secretary, criticized the IMF's debt warnings, pointing out that the Fund's forecasts have often proved inaccurate in...

Walmart is a buy as inflation attracts more customers, says Deutsche Bank

Deutsche Bank upgraded Walmart from hold to buy and raised its price target from $113 to $136, implying 17% upside from Wednesday's close. The...

France is ‘putting the house in order’ and can slash deficit to 3% in three years, central bank governor tells CNBC

The governor of the Banque de France, Emmanuel Moulin, told CNBC that France could bring its budget deficit down to 3% of GDP by...

Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America’s biggest economic challenge

Long-term bond yields above 5% and a federal deficit approaching $2 trillion are giving Americans a taste of what a U.S. debt crisis would...

It’s not just billionaires fleeing Britain—fed up with grey skies, crumbling healthcare and the tax bill, a record 69,300 workers have left the U.K.

A record 69,300 workers left the United Kingdom in the 2025/26 tax year, up 32% from the previous year's 52,000, according to an analysis...

UK economy grew 0.1% in August, beating expectations

The UK economy grew by 0.1% in August compared to July, beating economists' expectations who had forecast a 0.1% contraction. However, this reading still...

‘The way work gets done is changing across every industry’: Kroger cites AI efficiency push as it cuts 3,000 corporate jobs

Retail giant Kroger plans to eliminate approximately 3,000 corporate roles over the next three years, representing roughly 37% of its 8,200 corporate employees. This...