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Remind Us: Why Did the Fed Ease?

Productivity must be booming. Real jumped 4.3% (saar) in Q3, following a 3.8% increase in Q2. Over the same period, aggregate hours worked in private industry was flat (saar). Productivity must have increased by more than 3.5% over the…

New York snowstorm sparks travel chaos

Kwasi Gyamfi AsieduNew York CityAFP via Getty ImagesSome 4.3in of snow was recorded in Central ParkNew York has woken up to its heaviest snowfall in nearly four years after a winter storm blanketed parts of the US north-east.New York…

Starmer backs down in farm tax row

The government's partial U-turn on what opponents dubbed the "farms tax" was a Christmas present for those who had campaigned against the imposition of 20% inheritance tax from next April.About half the farms that would have been…

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