UK Consumer Confidence Matches almost 3Year High in August

Aug 23 Reuters British consumer confidence held at an almost threeyear high in August, bolstered by improving sentiment around personal finances and major purchases, according to a survey on Friday that added to positive signals in the wider economy. The GfK Consumer Confidence Index, Britain39;s longestrunning gauge of economic morale among members of the public, […]
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Fed Policymakers Flag Rate Cuts as Job Market Cools

JACKSON HOLE, Wyoming, Aug 22 Reuters Federal Reserve policymakers on Thursday lined up in support of U.S. interestrate cuts starting next month now that inflation is well down from its highs and the U.S. labor market is cooling, though one signaled he is in no rush to ease policy. For me, barring any surprise in […]
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Canadian Rail Stoppage Set to Squeeze North American Industries

Aug 22 Reuters Canada39;s freight rail transport could come to a grinding halt after the country39;s two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Canadian National Railway and Canadian Pacific Kansas City said they had locked out their workers and shut their networks in the country early on Thursday after lastminute […]
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