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People walk through the financial district of Canary Wharf, London, Britain 28 September 2017.

Inflation surge pushes up Britain's budget deficit

A surge in debt costs - pushed up by soaring inflation to twice their previous monthly peak - added to Britain's budget deficit in June, which was its highest since April 2021, data showed on Thursday.
Illustration shows plastic letters arranged to read "Chip Shortage" placed on a computer motherboard

Global Manufacturers See Chip Shortage Easing

Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components.
U.S. Senate Banking Committee holds hearing to examine the Securities and Exchange Commission on Capitol Hill in Washington

U.S. SEC Working To Register Crypto Lending Firms -Gensler

The U.S. Securities and Exchange Commission (SEC) is working to get some cryptolending companies properly registered if they operate more as investment firms, the head of the Wall Street regulator told CNBC in an interview on Thursday.
Illumination at ECB headquarters for the Euro's 20th anniversary in Frankfurt, Germany

ECB Hikes Rates More Than Flagged In Race To Tame Inflation

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia's war in Ukraine.