UK jobless rate falls to lowest since 1975 as pay growth lags

The number of people in work rose to a record high of 32.136 million as 181,000 people gained jobs, the strongest increase since late 2015 and belying other signs of sluggish economic growth this year after last year’s Brexit vote. The rapid job creation took...

Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report. With the integration of technologies like artificial intelligence, blockchain and drones...

Analyst insists hurricanes ‘insufficient to derail strong trends’ in cruise industry

Despite cancelled sailings and other impacts from Irma and Harvey, it’s “insufficient to derail strong trends” in the cruise industry, according to an analyst. “August pricing remained strong, and although the two major hurricanes are likely to...

Trump is better prepared to push big tax reform, but the calendar is against him

There are two things that are simultaneously true about the Trump administration’s push for a big tax reform bill. They are handling the process in a vastly superior way to the debacle we saw on health care. And it’s still going to be incredibly hard to...

US relays concern to Turkey after NATO ally puts deposit to buy Russian arms

Turkey is moving full steam ahead on its plans to buy the Russian S-400 air defense system and already “paid a deposit to bring it immediately into force,” Turkish Harriyet newspaper reported Tuesday. It comes as Turkish-U.S. relations have chilled and...

Whole Foods’ foot traffic surges over 25 percent following Amazon price cuts

Amazon buying Whole Foods and slashing prices on organic produce and pasta sauce, among other items, is reportedly bringing increased foot traffic to the grocery chain. Across the U.S., Whole Foods stores saw a spike of more than 25 percent in foot traffic on Aug. 28...