UK inflation creeps back

UK inflation creeps back

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AI wakes up the sleepy US power sector

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode” of the UK. Plus, the US-Mexico-Canada trade agreement expires on Wednesday. Me ...  Show more

The Bethlehem Project: Steel’s legacy looms large

Bethlehem Steel was the lifeblood of Pennsylvanian town's economy, and a major contributor to American manufacturing during the 20th century. But when the local plant closed in the 1990s and the company went bankrupt in the early 2000s, Bethlehem’s economy didn’t crater. It pivot ...  Show more

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Economists say that inflation is just too much money chasing too few goods.But something else can make inflation stick around.If you think of the 1970s, the last time the U.S. had really high sustained inflation, a big concern was rising wages. Prices for goods and services were ...  Show more

Trump's Tariff Response, Economics of Tariffs, SCOTUS Rules on Deportations
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Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voter on the Fed’s interest rate-setting committee, speaks to the FT’s economics commentator Chris Giles about the outlook for the US economy amid a boom in AI investment, sluggish hiring, President Donald Tr ...  Show more

Shutdown Economics, U.S.- Colombia Tensions, Louvre Heist Fallout
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The economic cost of the government shutdown is mounting, as workers miss paychecks and contracts stall. President Trump’s feud with Colombia is deepening, with threats to cut aid testing a decades-long alliance. And in France, outrage is growing after the Louvre jewel heist, wit ...  Show more