1 September, Sunday, 2024
No menu items!
HomeBusinessFood prices fall for first time in two years amid 'fierce' supermarket...

Food prices fall for first time in two years amid ‘fierce’ supermarket competition

Chosen by us to get you up to speed at a glance

Stock markets across the world have fallen as US government borrowing costs soared to a 16-year high.

The benchmark 10-year Treasury yield surged to its highest level since 2007 after new data showed that the US labour market remains overheated.

The number of US job openings increased from 8.9m in July to 9.6m in August, the US Labour Department said on Tuesday.

It is the latest sign of a resilient US economy, fuelling concerns that the Federal Reserve will have to keep interest rates higher for longer.

RELATED ARTICLES

Most Popular

Recent Comments