Consumer spending is the primary “engine” driving the U.S. economy. If buyers feel confident enough to spend freely, the economy benefits. But if the situation makes consumers feel more tightfisted, they tend to hold onto those dollars, instigating a cycle in which they spend less and less. This is the case right now due to
Friday 10 April 2026 12:02 am | Updated: Thursday 09 April 2026 2:31 pm Ed Miliband has been facing pressure from energy bosses and UK business. Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in
According to Business Monitor International, Hungary’s shrinking fiscal space means that tough budget measures will be unavoidable after the 2026 election, regardless of which party forms the next government. The analysts noted that the economy stagnated in 2024–2025 while inflation hovered around 4.4%, and Hungary has already lost EUR 2 billion in cohesion funds, with
Critics attacked President Donald Trump’s newest move against states as a “war” against betting market regulations meant to help enrich his family’s business interests, with one activist stating bluntly, “This is what corruption looks like.” According to a Thursday report from the Popular Information substack, Arizona, Connecticut and Illinois have launched lawsuits against “prediction market”
Hungary’s net issuance of state debt reached 67.5% of the full-year plan by the end of the first quarter, the Government Debt Management Agency (ÁKK) said in a press release. Net issuance totaled HUF 3.676 trillion, compared with a full-year target of HUF 5.455 tln. Net retail issuance came to HUF 425 billion, or 33%
Thursday 09 April 2026 1:51 pm The UK banking sector’s top bank has been crowned – and (spoiler) it’s not a bank. A new report from Forbes and market research firm Statista analysed the global banking system for the world’s top names in the sector. Over 54,000 people were surveyed across 34 countries in 17
President Donald Trump has left America’s economy far worse off than it had been as a result of his war against Iran, according to a number of experts. “American consumers have started to feel their budgets squeezed beyond gas prices from the U.S.-Israeli war in Iran, as energy costs have begun to pressure shipping, transportation
Wednesday 08 April 2026 2:05 am | Updated: Tuesday 07 April 2026 5:23 pm Barclays revealed its big return to the high street. (Image: PA) In Westminster, the news cycle is never short of drama over U-turns. Subtle tweaks or direct bait-and-switches on policy are batted away by government spokespeople as mere “pivots” as opposed
President Donald Trump is putting Social Security in danger, a Democratic and Republican experts agree — although they arrive at that conclusion from different vantage points. “In the post-Cold War era, our ability to do deficit spending is used to prop up Social Security and Medicare, which are too costly to be sustained through current
Tuesday 07 April 2026 12:25 am | Updated: Tuesday 07 April 2026 2:14 pm Trump pretended to aim a sniper gun during a press conference. (Image: PA) Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has