Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Awareness equity holdings after the hedge fund suffered steep AI losses, and DR Co ...Show more
Fed holds rates as inflation fears grow
Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates unchanged at its meeting on Friday, and UK oil and gas companies are looking awa ...Show more
Wages are rising, but not by as much as inflation. Our UK correspondent Lizzy Burden breaks down the latest employment numbers, and the implications for the Chancellor ahead of next month's budget. Plus: what does the balloon controversy mean for relations between the UK and Chin ...Show more
Bloomberg Westminster: Jobs, Pay & Political Pressure
What more will the Chancellor do for households squeezed by the spiraling cost of living? As consumer confidence plummets to its lowest in nearly 50 years, we look at how employers and workers are adapting to high prices and low unemployment. Bloomberg’s Joe Mayes discusses the p ...Show more