US congress to put limits on ex-presidents’ budgets
On Friday the US congress voted to place limits on expense accounts allotted to former presidents.
Sale of Tata UK steel business on hold
The sale of Tata Steel’s UK business is on hold as the company considers a European tie-up, creating further uncertainty for British steelworkers.
Brexit to hit eurozone growth, says IMF
The IMF cuts its economic growth forecasts for the eurozone in the wake of the UK’s vote to leave the European Union.
Shares lifted by strong US jobs figures
The FTSE rises as stronger-than-expected US jobs figures for June help to lift global markets.
Annuity rates ‘in freefall’ since EU vote
Annuity rates – which determine the value of pension incomes – have been ‘in freefall’ since the UK’s vote to leave the EU, according to an expert.
June sees huge jobs gains: 287K vs. 175K expected
The already weak payrolls growth from May was revised even further downward, to 11,000.
US job creation rebounds strongly in June
The US economy created 287,000 jobs last month, official figures show, rebounding strongly from a small rise in May.
Ukraine urges NATO to concede nothing against Russian threat
Western nations should not consider revoking tough economic sanctions against Russia, according to the deputy prime minister of Ukraine.
What the blowout jobs number says about recession and rates
June’s very strong jobs report dashes some recession fears, but it is not a strong enough catalyst to get the Fed moving on rate hikes.
Goldman Sachs hires former EU boss José Manuel Barroso
Goldman Sachs has hired the former head of the European Commission José Manuel Barroso.