UK GDP grew 0.4 percent in the second quarter of 2026, slowing from 0.6 percent, with services carrying the quarter and production flat.

Wall Street ended the week lower in a narrow session, with all three major US indices closing down less than a third of a percent, on a day that brought two soft readings on the American consumer. The Nasdaq Composite fell 0.28 percent to 26,729.16, the Dow Jones Industrial Average 0.20 percent to 53,732.41 and…

Wall Street rallied on Thursday after headline producer prices came in flat, with the Nasdaq Composite climbing 0.81 percent, while European bourses mostly fell and crude extended its decline. All three US benchmarks rose and three of the four European indices closed lower. The inflation report set the backdrop, and it was more mixed than…

Wall Street rose on Wednesday after a softer than expected inflation report, with the Nasdaq Composite up 0.54 percent at 26,588.49 and the S&P 500 up 0.26 percent at 7,748.50, while the Dow Jones was the outlier and slipped 0.04 percent to 53,770.27, per CNBC. Europe traded for about three hours after the release and…

US consumer prices rose 0.1 percent in July, putting annual inflation at 3.4 percent, down from 3.5 percent in June, the Bureau of Labor Statistics reported on Wednesday. Core prices, excluding food and energy, rose 0.2 percent on the month and 2.5 percent over the year, down from 2.6 percent, and every reading matched the…

By The Edge Research Team Five weeks before the Federal Reserve’s September 15-16 meeting, the next US rate decision has become the most finely balanced of the year, and the choice is not the one most rate debates offer. The live question in markets is whether the committee holds the line or raises it: futures…

The US economy unexpectedly shed jobs in July, with nonfarm payrolls falling by 23,000 against a Dow Jones consensus forecast of an 83,000 gain, per the Bureau of Labor Statistics and CNBC. The unemployment rate edged down from 4.2 to 4.1 percent, but for a discouraging reason: the labor force participation rate fell to 61.4…

The United Kingdom published its official holdings of international reserves for July 2026 on 5 August, and the headline is a material decline in gross reserves alongside a broadly stable net position. Government gross reserves dropped by 5,622 million dollars over the month while government net reserves were almost unchanged. Measure, millions of US dollars…

The United Kingdom’s services sector returned to growth in July, but employers cut staff for a twenty-second consecutive month, matching the longest run of job losses in the survey’s thirty-year history. The final S&P Global UK PMI data, published on 5 August 2026, put the services business activity index at 52.1, up from 48.8 in…

AstraZeneca has explored a merger with Bristol Myers Squibb, according to a Financial Times report published on Sunday 2 August and carried by Bloomberg and CNBC the same day. Press coverage attaches a figure of about US$400 billion to the combination. Neither company has confirmed anything, and no filing or formal announcement has been made…