TEHRAN, Iran — Rescuers on Monday recovered the bodies of more workers killed in an explosion at a coal mine in eastern Iran, bringing the death toll in the disaster to at least 38, officials said. Another 14 miners are still believed to be trapped below ground. The blast struck the coal mine in Tabas, … Read more
LIVERPOOL, England — British Treasury chief Rachel Reeves will pledge Monday not to return to an era of public spending cuts despite the dire state of the U.K.’s national finances. Reeves plans to stress optimism in a speech to the Labour Party’s annual conference, aiming to reassure party members, jittery despite a recent landslide election … Read more
WASHINGTON — With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years. The public at large? Not so much. Consumer surveys, including one released Friday by The Associated Press-NORC Center for Public Affairs Research, show that most … Read more
A man checks the label of a vitamin jar at a Costco Wholesale store in Colchester, Vermont, on April 3, 2024. Robert Nickelsberg | Getty Images Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem. At a time when … Read more
BBC Tickets to see Taylor Swift, Beyonce and Oasis have set new benchmarks for pricing The last time Oasis played Wembley Stadium, in 2009, a standing ticket cost exactly £44.04. For their return next summer, the same ticket was priced at £150. Vastly more than the old ticket price which, when adjusted for inflation, would … Read more
Rachel Reeves will pledge “a Budget to rebuild Britain” in her speech to the Labour Party conference in Liverpool on Monday. The chancellor is under pressure to provide some optimism after Labour’s gloomy messaging on the state of the economy they inherited from the Conservatives. But her controversial decision to axe winter fuel payments for … Read more
BBC Tesco is one of a number of supermarkets that matches some prices to Aldi Dozens of Tesco products price-matched to Aldi – such as chicken nuggets, cottage pie and blackcurrant squash – are not like-for-like, BBC Panorama has found. In the case of chicken nuggets, the Tesco product contained 39% chicken compared with 60% … Read more
The Junior Achievement Free Enterprise Center located in Greenwood Village, Colorado, is where high school students can explore careers and develop a plan to pursue their goals. The center aims to inspire the next generation of entrepreneurs. Entrepreneurship is a common goal for younger people. More than half, or 54%, of Gen Z adults say that … Read more
Westend61 | Westend61 | Getty Images Between rising costs for groceries and fuel, increased debt levels, and shrinking savings, people are having trouble seeing the overall economic growth reflected in their bank accounts. Our recent research with CNBC showed that the “vibecession” has a hold over many people, and now those sentiments appear to resonate with … Read more
HONG KONG — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain. U.S. futures and oil prices were higher. Chinese stocks got a lift after the central bank lowered its 14-day reverse repurchase rate to 1.85% from 1.95% on Monday after … Read more