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How Wall Street’s AI boom is becoming the Fed’s next inflation problem

How Wall Street’s AI boom is becoming the Fed’s next inflation problem

“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.” That line from the Federal Reserve’s

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Jul 25, 2026
UK retail sales rebound 1% in June, beating expectations

UK retail sales rebound 1% in June, beating expectations

British retail sales rebounded unexpectedly in June, with shoppers increasing their spending on air conditioning and clothing. The rise added to signs of stronger economic activity during warmer

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Jul 24, 2026
Explained: Trump’s new tariffs on 60 trading partners after Supreme Court setback

Explained: Trump’s new tariffs on 60 trading partners after Supreme Court setback

The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South

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Jul 24, 2026
ECB leaves rates unchanged as energy prices add to inflation uncertainty

ECB leaves rates unchanged as energy prices add to inflation uncertainty

The European Central Bank kept borrowing costs unchanged on Thursday as policymakers assessed the potential impact of rising energy prices linked to a widening conflict in the Middle

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Jul 23, 2026
From pubs to power bills: Burnham pushes cost-of-living relief amid funding questions

From pubs to power bills: Burnham pushes cost-of-living relief amid funding questions

Newly appointed UK Prime Minister Andy Burnham has begun rolling out the first wave of his economic agenda, announcing a series of measures aimed at easing cost-of-living pressures

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Jul 23, 2026
UK inflation just delivered a surprise, but the real shock comes next

UK inflation just delivered a surprise, but the real shock comes next

UK inflation cooled more than expected in June, offering households and the Bank of England a welcome pause before renewed energy pressure begins feeding through to prices. The

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Jul 22, 2026
FTSE closes lower as Andy Burnham unveils cabinet

FTSE closes lower as Andy Burnham unveils cabinet

UK stocks closed lower on Monday as investors weighed continued geopolitical tensions in the Middle East alongside the appointment of Andy Burnham as the United Kingdom’s new prime

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Jul 21, 2026
UK unemployment steady at 4.9%, wage growth eases in May

UK unemployment steady at 4.9%, wage growth eases in May

The United Kingdom’s ILO Unemployment Rate remained unchanged at 4.9% in the three months to May, according to data published by the Office for National Statistics (ONS) on

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Jul 21, 2026
ECB survey signals easing wage and cost growth expectations in Eurozone

ECB survey signals easing wage and cost growth expectations in Eurozone

Eurozone companies expect selling prices and wage growth to rise at a more moderate pace over the next 12 months, according to a survey published by the European

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Jul 20, 2026
Andy Burnham takes office as UK PM: here’s what investors are watching next

Andy Burnham takes office as UK PM: here’s what investors are watching next

Andy Burnham officially became the United Kingdom’s seventh prime minister in a decade on Monday, promising to use his government as a “circuit breaker” for the country’s political

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Jul 20, 2026

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