Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Inflation will hit UK economic growth this year as consumers are hit by rising prices, economists warn today. The EY Item Club has cut its forecast for UK economic growth this year to 4.9%, down from...Read More

The Warren County School Board during its Wednesday, February 2 regular meeting approved the restart of the Second Step Social-Emotional Learning curriculum for Warren County Public Schools (WCPS) and gave a unanimous yes to accepting a grant to pay for Wi-Fi on school buses. The Second Step program — which is sold by a nonprofit...Read More

Your browser does not support the audio element. A shopper pays cash for sales merchandise on Dec. 26, 2000 in Austin, Texas. The Federal Reserve is considering whether to adopt a digital version of the dollar, in what would amount to a fundamental rethink of our national currency. Joe Raedle / Getty Images Since its...Read More

Feb 5th 2022 FOR YEARS after the global financial crisis the world economy was starved of investment. The aftermath of the covid-19 downturn has been drastically different. In America private non-residential investment is only about 5% below its pre-pandemic trend, compared with a shortfall of nearly 25% in mid-2010, the equivalent point in the previous...Read More

But don’t expect China to offer much more than supportive words to its northern neighbor should the United States and Europe follow through with threats to slam Russia’s economy if Moscow launches an invasion of Ukraine. Beijing’s diplomatic and military ties with Moscow may be strong, but its economic allegiances are a lot more complex....Read More

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to a reading of 119, its second-lowest reading since July 2020. The Index of Current Conditions fell 13 points to a reading of 133, while the Index of Future Expectations changed little in...Read More

South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg, file. REUTERS/Siphiwe Sibeko Register now for FREE unlimited access to Reuters.com Register JOHANNESBURG, Feb 4 (Reuters) – The South African rand weakened on Friday, eating into the week’s gains as the U.S. dollar was...Read More

Far exceeding expectations, the U.S. economy created nearly half a million jobs last month despite the Omicron wave, the Labor Department reported on Friday, while wages continued to rise rapidly. The surprisingly strong employment report for January confirmed that the U.S. economy entered 2022 with a great deal of momentum—and it provided the Biden Administration...Read More

Economist Adam Tooze.Handout By the time the pandemic hit in the spring of 2020, Adam Tooze writes in his latest book, Shutdown: How Covid Shook the World’s Economy, “it was no longer clear that the great gods of growth were on the side of the West.” He calls the ensuing turmoil – in the markets...Read More

Topline The stock market fell on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reserve will continue with its plans to aggressively tighten monetary policy and raise interest rates. Bond yields are surging again as investors worry...Read More