Latest news with #JohnStepek


Bloomberg
a day ago
- Business
- Bloomberg
What the US-EU Trade Deal Means for Your Money
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I have fond memories of Girvan. I recall many a sunny or not-so-sunny Friday afternoon in my late teens, driving with my friends, from the outskirts of Glasgow, to a caravan park at the Scottish seaside.


Bloomberg
4 days ago
- Business
- Bloomberg
It's Been a Mediocre Week for UK Economic News
Welcome to the award-winning Money Distilled John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. It's been a mediocre week for UK economic data.


Bloomberg
5 days ago
- Business
- Bloomberg
How to Protect Your Wealth From Tariff Turmoil
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Stock markets are feeling chipper. Record highs (in local currency terms) are the order of the day. From the US S&P 500, very much accustomed to making new highs, to the FTSE 100 — somewhat less used to the 'fresh record' buzz — to the Japanese Topix index, which up until very recently, hadn't enjoyed a new high since the 1980s.


Bloomberg
6 days ago
- Business
- Bloomberg
What Fiscal Dominance Means for Your Money
Inflating away debt looks a lot more appealing than cutting spending or raising taxes. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Dealing with a surplus of government debt is a tricky business, as we're all rapidly finding out.


Bloomberg
22-07-2025
- Business
- Bloomberg
Why Rachel Reeves Should Resist a UK Wealth Tax
It's impractical, it's self-defeating, and it would make Britain's already narrow tax base even more fragile. Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. You might — just might — already be aware of this, but the UK's public finances are in a sorry state. New figures out today showed that public borrowing was higher than analysts surveyed by Bloomberg had expected in June.