Five-star to no-star: holidaymakers face nightmare in quarantine hotel

When one member of a family tested positive for Covid on a sunshine break to Greece, they had to move out of their luxury hotel to a cockroach-infested room Yulia Brill’s £4,500 package holiday on the Greek island of Rhodes turned into a nightmare on just the third day when her eight-year-old son felt unwell. […]

This Is the State With the Best Economy

The health of a state’s economy depends on perspective. For businesses, the primary considerations may be taxes and the extent to which workforces can organize or demand benefits. For workers, the issues tend more toward wages and insurance. For economists, the measures could be unemployment and state gross domestic product (GDP). While it is hard […]

What’s your raise really worth? Inflation has something to say about it.

Inflation hitting grocery shoppers’ wallets FOX Business’ Lydia Hu on rising food prices and the reasons behind the trend.  This should be the best of times for low-wage workers, as pandemic-induced labor shortages force employers to sharply raise pay. Yet for many, it doesn’t feel that way, because those same disruptions have pushed inflation to near its […]

U.S. Producer Prices Climb 0.7 In August, Slightly More Than Expected

Producer prices in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand climbed by 0.7 percent in August after jumping by 1.0 percent for two straight months. Economists had […]

Germany Exports Rise At Slower Pace In July

Germany’s exports grew at a slower pace in July and imports declined for the first time in three months, data from Destatis showed on Thursday. Exports were up only 0.5 percent on a monthly basis in July, following a 1.3 percent rise in June. The rate came in line with economists’ expectations. Exports have been […]

G7 seeks more progress on global corporate tax reform

Fox Business Flash top headlines for September 9 Check out what’s clicking on LONDON – Finance ministers from the Group of Seven rich nations said on Thursday they had to make more headway on the small print of a reform of global corporate tax rules in time for a summit of world leaders in […]

UK House Price Inflation Slows, Average Price At Record: Halifax

UK house price annual inflation slowed further in August, but the average price for a residential property hit a fresh record high, survey data from the Lloyds Bank subsidiary Halifax showed Tuesday. The house price index climbed 7.1 percent year-on-year following a 7.6 percent rise in the previous month, IHS Markit, which releases the Halifax […]

UK house prices hit record high despite cut in stamp duty break

Average prices rose by 0.7% in August to £262,954, says Halifax Last modified on Tue 7 Sep 2021 03.08 EDT The average UK house price reached a fresh record high in August while annual inflation cooled to a five-month low, after the partial end of the stamp duty holiday in England and Northern Ireland. Halifax, […]

Eurozone Manufacturing Sector Logs Robust Growth In August

The euro area manufacturing logged another strong growth in August but the pace of momentum waned as supply issues weighed on production, final data from IHS Markit showed on Wednesday. The final manufacturing Purchasing Managers’ Index fell to a six-month low of 61.4 in August from 62.8 in July. The flash reading was 61.5. This […]

Home Depot (HD) Sharply Lower Despite Strong Quarter

Dow component The Home Depot, Inc. (HD) is trading lower by more than 2% in Tuesday’s pre-market despite beating fourth quarter 2020 top- and bottom-line estimates by wide margins. The company booked a profit of $2.65 per share, $0.28 better than expectations, while revenue surged 25.1% year over year to $32.26 billion, beating consensus by […]