latest news in economy
Why Popular New Investment Funds Are Restricting Everyday Investors From Withdrawing Cash
Washington, Wednesday, 14 October 2026.
Federal Reserve research shows semiliquid funds surged to $388 billion, but rising retail withdrawals are triggering withdrawal caps, exposing serious liquidity risks in private market investments.
US Inflation Surges to 3.7% as Rising Energy Costs Squeeze Household Budgets
Washington, Wednesday, 14 October 2026.
U.S. inflation accelerated to 3.7% in September 2026, driven by soaring energy costs that pushed real average hourly earnings down 0.5%, heightening pressure on consumers and Federal Reserve policymakers.
Whistleblowers Warn Insurers Are Downplaying Climate Risks to Protect Profits
London, Wednesday, 14 October 2026.
Insurance insiders reveal companies are secretly pressuring analysts to understate climate risks, threatening an economic shock comparable to the 2008 financial crash as properties become uninsurable.
UK Economic Growth Forecast Upgraded as Tech Expansion Drives Resilience
London, Wednesday, 14 October 2026.
The International Monetary Fund raised the UK’s 2026 economic growth forecast to 1.3 percent, driven by artificial intelligence adoption, though rising energy costs could slow momentum next year.