28 h. ago US consumer sentiment drops to near record low as shutdown persists

Economic concerns felt by Americans of different ages, incomes and political affiliations, survey findsThe federal government shutdown dragged consumer sentiment in the US to a near record low in November, according to a monthly survey conducted by the University of Michigan.Consumer sentiment fell about 6% in November, with the consumer sentiment index for November 2025 at 50.3, down from 53.6 in October, nearly three points below expectations. Economists polled by the Wall Street Journal expected a 53.0 index reading. Continue reading...

Events

29 h. ago Consumer sentiment tumbles close to record lows in latest U Michigan survey

Consumer sentiment dropped to a three-year low in November, a month into the government shutdown, led by pessimism in both personal finances and anticipated business conditions

Politics

3 d. ago Charli XCX feared being dropped by record label over critically acclaimed Brat album

Singer says she approached the album thinking ‘OK, I’m just going to do this one for me’

Culture

1 week ago What to know as federal food help and preschool aid will run dry Saturday if shutdown persists

A new lawsuit by Democratic state officials seeks to uncork emergency money to help tens of millions of Americans keep buying food for their families after federal SNAP funding is expected run dry Saturday due to the U.S. government shutdown

Events

2 w. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

2 w. ago UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits fresh record high – business live

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects aheadYesterday’s weaker-than-expected UK inflation report has sparked chat that the Bank of England could cut interest rates sooner than expected.Deutsche Bank say there is now an “interesting debate” on whether there may be enough ammunition for the Bank’s monetary policy committee to cut borrowing costs as soon as its next meeting in early November.What’s the case for November? Relative to the Bank’s projections, growth has surprised to the downside, private sector AWE growth has surprised to the downside, unemployment has risen in line with Bank expectations, and inflation now sits a healthy amount below the Bank’s projections. Indeed, one could make the argument that the ingredients for a November rate cut are there.So, why not November? We think three things will be important for the MPC to see before dialling down restrictive policy again. One, the MPC may want to see s...

Economics

2 w. ago Tesla reports steep drop in profits despite US rush to buy electric vehicles

Carmaker exceeded Wall Street’s expectations with more than $26bn in revenue, but saw a 37% drop in profitsDespite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla’s flagging sales, leading to the automaker exceeding some of Wall Street’s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after hours trading. Continue reading...

Economics

2 w. ago Tesla profits drop more than a quarter despite record car sales

Loss of emissions credit revenue, tariffs and big investments in AI hit Elon Musk’s carmaker

Economics

3 w. ago Energy bills turn up heat on No10 as debt mountain to reach £5billion

Record View says if the cost of heating doesn’t drop, voters will blame the Government.

Economics

3 w. ago Hardly working: Senate heads home with House already gone as shutdown persists and Americans suffer

Everyone knows the shutdown is a loser. But nobody has given the other side a reason to assume good faith, Eric Garcia writes

Society

3 w. ago Shayne Ward reveals the brutal way he was dropped from his record label

The singer and actor opens up for the first time about the mysterious three-year career freeze that followed his X Factor triumph — and how he rebuilt his life

Events

4 w. ago Thomas Tuchel has his say on England problem that Gareth Southgate warned about

The England boss is aware of the figures in the Premier League when it comes to potential England stars, with less than a quarter of starters having dropped to a record low this season thus far

Events