The Global Economic News

Image source, Mia Tanswell Image caption, Mia Tanswell says she became conscious of her accent when she started university By Marc Ashdown Business correspondent Published 24 August 2026, 00:25 BST Growing up in Manchester, Mia Tanswell didn't give her accent much thought - until her first week at university in Loughborough. "I knew people were going to notice that I was northern and that I didn't speak the 'Queen's English'," the 22-year-old says. "Definitely in seminars I would sometimes feel like my accent would sound a bit less intellectual than other people, especially if I was the only northern student in the classroom." She's not alone. Fresh polling seen by the BBC suggests many workers still see so-called "accent bias" as a problem. The survey found one in 10 people in Britain feel anxious or self-conscious about their accent in high stakes professional settings such as speaking up in a business meeting. The research, cond...

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David Einhorn Just Bet $61.5 Million on PayPal. Why PYPL Looks Cheap Again. Nauman Khan Sat, August 22, 2026 at 1:17 PM PDT 4 min read PYPL PayPal Holdings Inc HQ photo-by bennymarty via iStock David Einhorn just placed a big bet on PayPal (PYPL). The legendary hedge fund manager added a new stake in PYPL stock during the second quarter, which quickly caught investors' attention. Einhorn is no ordinary investor. He's known for spotting value where others see only problems. His firm, DME Capital Management, bought 1.42 million shares of PayPal during Q2 worth $61.5 million as of June 30. That's a serious vote of confidence. More News from Barchart Third Point Starts to Raise Alarm Bells on Broadcom After Dumping AVGO Stock in Q2 Nvidia Q2 Preview: Strong Earnings and Low Valuation Set the Stage for Upside A $28.7 Billion Reason to Buy SK hynix Stock Now Stop Missing Market Moves: Get the FREE Barchart Brief your midday dose of stock movers, trending sectors, and actionable ...

Image source, Getty Images By Osmond Chia Business reporter Published 24 August 2026, 02:23 BST Updated 1 hour ago Fast-fashion giant Shein could see its stock market valuation reach almost $27bn ( 19.8bn) when its makes its debut in Hong Kong on 1 September. The long-awaited move comes after failed attempts to list in the US and London due to regulatory challenges amid scrutiny of the firm, which has its headquarters in Singapore but was founded in China. Since it was founded in 2008, Shein has risen to become one of the world's biggest fast-fashion retailers, with customers in more than 150 countries. The e-commerce giant is known for selling ultra-cheap clothes, backed by a vast network of factories in China that are able to quickly manufacture new products based on the latest trends. Shein in a filing on Monday , external that it will offer nearly 280 million shares for between HK$47.60 ($6.07; 4.45) and HK$49.50 each. At the top of the range, share sale would raise $1.77bn ( ...

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Image source, Getty Images By Nick Edser Business reporter Published 4 hours ago A review is being launched into the way business rates are calculated for pubs and hotels in England and Wales, and could lead to a reform of the system. The Treasury says business rates expert Jerry Schurder will lead the review into rate valuations and report back in March 2027, with the government calling for the views of landlords, hoteliers and business owners to feed in to the process. Last month, Andy Burnham announced a 20% cut in business rates for pubs , social clubs and live music venues in England, to come into effect in April. Pub groups have argued they face disproportionately higher rates bills, but other businesses have called for a wider reform of the rates system. According to the British Beer and Pub Association (BBPA), 161 pubs closed in the first three months of this year across England, Scotland and Wales, equating to the loss of around 2,400 jobs. Rising business rates are cited as ...

Mohamed El-Erian says 30-year Treasury yield at 5.27% signals a structural shift that will make America more expensive Eric Esposito Sat, August 22, 2026 at 9:00 AM PDT 5 min read ^TYX For economist Mohamed El-Erian, sky-high interest rates on U.S. bonds are the harbinger of an even greater affordability crisis. "This is no ordinary bond-market sell-off," El-Erian announced in his latest opinion piece for The New York Times . The former PIMCO CEO argued that, if selling pressure on bonds continues, "it could mark the beginning of a structural economic shift more enduring and more globally consequential than most previous episodes of market volatility." Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP The tax brea...

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Tariff refunds are hitting retailers' wallets. Here's what they're doing with the money. Brooke DiPalma Senior Reporter Sat, August 22, 2026 at 7:29 AM PDT 4 min read AMZN TGT WMT America's biggest retailers are now sitting on tariff refund checks from the federal government. How they plan to spend the billions of dollars in returns is up to them. The retailers, including Amazon ( AMZN ), Target ( TGT ), and Walmart ( WMT ), are taking various approaches. Some have offset their costs and cushioned their margins, while others have invested in marketing and cutting prices. In a small number of cases, some even claim plans to return the money to customers. More from Yahoo Scout What challenges do retailers face with tariff refunds? Why did Amazon decide to refund customers directly? How are major retailers using their tariff refunds? Which companies received the largest tariff refund amounts? David Silverman, senior director at Fitch Ratings, noted that the billions in re...

Gilead’s HIV Business is Surging, but is the Company Too Dependent on One Franchise? Noor Ul Ain Rehman Sun, August 23, 2026 at 4:15 PM PDT 4 min read GILD Gilead Sciences, Inc. (NASDAQ: GILD ) delivered strong fiscal Q2 2026 results, with total revenue rising 10% year over year to approximately $7.8 billion. The performance was primarily driven by continued growth across its HIV franchise, including Biktarvy and the newly launched Yeztugo. Gilead also raised its full-year product-sales guidance following the quarter. However, HIV products generated nearly three-quarters of quarterly product sales. While the company's HIV business is showing promising growth, is Gilead Sciences, Inc. (NASDAQ:GILD) too dependent on one franchise? Regulatory Milestone Boosts Gilead’s Presence in Liver Disease Care Bull Case One of the most prominent factors supporting higher revenue growth for Gilead (NASDAQ:GILD) was increased sales of its HIV products, Trodelvy (sacituzumab govitecan-hziy) and Liv...

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Treasury Secretary Scott Bessent will hold a press conference Monday to announce sanctions against Iran that he described to CNBC as the greatest campaign of "coordinated economic isolation in the history of the world." "At dawn begins an economic D-Day the single greatest financial offensive ever marshalled against an adversary," Bessent said in an opinion piece he authored in The Financial Times on Sunday. The Teasury Secretary told CNBC on Thursday that the U.S. will "collapse" the Islamic Republic with the "toughest sanctions in history." The Trump administration demands that U.S. allies and the rest of the world stop doing business with Iran, Bessent said. The U.S. will use its "full might" against anyone who does not comply, he told CNBC. "We are going to them and saying you are either with us or against us," Bessent told CNBC. "It is time for our allies and the rest of the world to make a decision, and we are goin...

Article about global economy: Japan’s stock market setup looks similar to late 2023. Here’s what it means 🔥 EXCLUSIVE PARTNER OFFER HOMEFISH 12000mAh Camping Ceiling Fan Portable Outdoor Tent Air Circulator Cooling Fan with High Capacity Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/stock-market-news/japans-stock-market-setup-looks-similar-to-late-2023-heres-what-it-means-4872475 © EcoNews DZ — Global Economic & Financial News

Image source, Getty Images By Lucy Hooker Business reporter Published 23 August 2026, 00:00 BST Updated 9 hours ago Higher energy bills this winter mean the government should step in to provide more help for households most in need, the body representing energy firms in the UK has said. Stubbornly high prices over the last few years have left some people needing "emergency support" over and above the existing 150 Warm Home Discount, Energy UK said. A "better targeted" support scheme that takes into account someone's income, health and energy consumption was needed, it added. On Wednesday, the energy price cap for October onwards will be announced by regulator Ofgem and is expected to hit a three-year high. A government spokesperson said that in addition to the Warm Homes Discount it was cutting VAT on electricity bills and would do "everything we can" to shield consumers from global energy shocks. Energy UK chief executive Dhara Vyas said: "Suppl...

Rachel Cruze and George Kamel share the spending 'clues' that reveal if you're broke, average or wealthy Rebecca Payne Sun, August 23, 2026 at 10:00 AM PDT 6 min read youtube.com / The Ramsey Show Highlights It's always helpful in life to take a step back and look at the big picture and it's not a bad idea when it comes to your finances, either. The day-to-day management of money can sometimes cloud what's happening as a whole. So, to help you gain perspective on what your spending, saving and investing habits say about where you're at, " The Ramsey Show " co-hosts Rachel Cruze and George Kamel offered up "clues" to determine where you're at in terms of financial wellness. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what...

Walk the halls of any major banking conference or listen in on a quarterly earnings call, and one topic keeps coming up: With the window for mergers wide open under the Trump administration, who will take a swing? After years on the sidelines because of regulatory restrictions, large banks can once again contemplate buying other lenders, even a $100 billion-plus-asset regional bank. While JPMorgan Chase and Bank of America are barred from such a deal because they already have more than 10% of national deposits, there are two megabanks that could pursue a large acquisition: Citigroup and Wells Fargo . The nation's third- and fourth-largest banks have enough room under the national deposits cap to pursue a hefty regional bank, according to investment bankers, consultants and investors. "Two years ago, it was impossible for a bank of that size to get approval to acquire almost anything," said Brian Graham , co-founder of advisory firm Klaros . "Now, it's possible t...

Rocket Mortgage pushes home equity loans to wipe out credit card debt here's how that could backfire on homeowners Vawn Himmelsbach Sun, August 23, 2026 at 8:00 AM PDT 6 min read Geber86/Shutterstock With many Americans feeling financially squeezed at the grocery store and at the gas pump, it's not surprising, perhaps, that they're increasingly using credit cards to cover the bills. U.S. credit card balances rose to a total of $1.263 trillion in Q2 2026, up $1.242 trillion at the beginning of the year, according to the latest consumer debt data from the Federal Reserve Bank of New York . Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are...

Norway plans to give another 85 billion Norwegian crowns ($9.2 billion) in financial support to Ukraine in the 2027 fiscal year, in line with the amount given in 2026, the Nordic country's government said in a statement on Sunday. Norwegian Prime Minister Jonas Gahr Stoere and leaders from across the Nordic and Baltic region are visiting Kyiv on Sunday in a show of support for Ukraine in the war with Russia. Norway's donation will be for both military and humanitarian spending, Stoere was quoted as saying in the text of a speech released by the government in Oslo. "Supporting and rebuilding Ukraine is not assistance alone. It is an investment in Europe's own security," Stoere said. In comments published on Saturday, Russian President Vladimir Putin said that Kyiv had opened a "Pandora's box" with its strikes on Russian economic targets and that Moscow would hit back at Ukraine's "most sensitive economic sectors". Russia and Ukraine are...