Business

Correction in Seasonally Adjusted Retail Sales Data Reported Britain’s Office for National Statistics (ONS) has acknowledged an error in its method for calculating seasonally adjusted retail sales figures. The mistake involves how the ONS accounts for “calendar effects,” such as the shifting dates of holidays like Easter, and how

A key report on U.S. employment released Friday pointed to a weakening labor market. The economy added only 22,000 jobs in August, falling short of expectations, while the unemployment rate rose slightly to 4.3%, according to the Bureau of Labor Statistics. Earlier this year, monthly job growth

The head of the Bank of England has advised against overstating the significance of a sharp increase in the UK’s long-term borrowing costs, explaining it reflects a broader international trend. During a discussion with MPs, Andrew Bailey noted that the Treasury had maintained stable borrowing rates for much

English-Speaking Hackers Claim Responsibility for Jaguar Land Rover Cyber-Attack A group of English-speaking hackers associated with a previous cyber-attack on Marks & Spencer has now taken credit for targeting Jaguar Land Rover. A post on a Telegram channel included an image appearing to show the automaker’

Retailer Investigates After Controversial Shirt Listing Surfaces The retailer Shein has launched an internal inquiry after its website briefly featured a shirt with an image resembling Luigi Mangione, the individual accused of killing Brian Thompson, head of UnitedHealthcare, in New York last year. The image appeared to show Mangione in

Japan’s Debt Auction Eases Market Tensions Signs of stability are emerging in global bond markets following a turbulent sell-off earlier in the week that pushed government borrowing costs to multiyear highs. Today, Japan’s sale of 30-year government bonds concluded without major disruptions, providing support for domestic