US fourth quarter unit labor costs +4.4% vs +3.5% expected
Prior was +2.8% Productivity +1.8% vs +2.0% expected (lowest since Q1 2025) Prior productivity +2.8% These numbers are very tough to draw conclusions from. There is so much variance in quarterly unit costs and productivity that the trend isn’t clear until years later. On the surface, we got weaker productivity and higher labor inflation than […]
Musk says Tesla and SpaceX will build new AI chip facility in Austin
Check out what’s clicking on FoxBusiness.com. Billionaire Elon Musk said that Tesla and SpaceX will build an advanced chip facility in Austin, Texas, to help power the two companies’ emerging technologies amid a shortage of chips. “Terafab will technically be two fabs, each making only one chip design,” Musk wrote Sunday in a post on […]
Valero oil refinery explosion in Texas prompts shelter in place
Some residents of Port Arthur, Texas, being advised to shelter in place following incident at Valero oil refinery on Monday, March 23, 2026. (Source: @heavensent_axgel via Storyful) Residents of a Texas city were urged to shelter in place following an explosion and fire at a Valero oil refinery that sent massive plumes of smoke billowing […]
Ipswich criticised for Nigel Farage visit
Ipswich Town have been criticised this morning for welcoming controversial Reform UK leader Nigel Farage to Portman Road. Farage, who operates on the right of the UK political spectrum, posted a series of pictures on his X account in which he is seen ‘signing’ for the Suffolk club and holding up a blue shirt. The […]
Beyoncé’s Mom’s Gumbo Booth Briefly Closed after Customer Vomited Blood
Tina Knowles’ Rodeo Gumbo Truck Reportedly Closed After Customer Vomited Blood Published March 24, 2026 4:27 AM PDT We’re learning an unsettling reason behind why Tina Knowles‘ Texas pop-up eatery was shut down at the Houston Rodeo last week — apparently a customer complained they vomited blood after eating the gumbo … leading health inspectors […]
Down 32% and with a P/E of 9.5, is this FTSE 250 share too cheap to ignore?
Image source: Getty Images It’s been a tough few weeks for the FTSE 100 and FTSE 250‘s housebuilding shares. Bellway (LSE:BWY) for instance has sunk 32% in value over the past month, reflecting worries over future interest rates. In fact, it’s down a further 10% on Tuesday (24 March) after releasing first-half trading numbers. At […]
Japan says to release about one-month supply of crude oil reserves next
This is scheduled to begin on 26 March, so the Japanese government is mainly offering confirmation on the total figure. As a reminder, Japan had already released about 15 days’ worth of reserves from the private sector on 16 March. So, this just adds to that and the total will be roughly 80 million barrels. […]
£7,500 invested in Diageo shares 5 weeks ago is now worth…
Image source: Getty Images You have to go all the way back to January 2012 to find Diageo (LSE:DGE) shares trading as low as they are today. Back then, the UK was gearing up for the Queen’s Diamond Jubilee and the London Olympics. And Britain’s national debt topped £1trn for the first time. Fast forward […]
FX option expiries for 24 March 10am New York cut
There is arguably just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1600 level. It’s a modest-sized one but not likely to factor much into play in the day ahead. As things stand, headline risk is everything in markets. US president Trump dropped a […]
Real Madrid star dismisses hot-head reputation but admits he has crossed the line
Antonio Rudiger admits he plays on the edge but has questioned his reputation as a liability. The Real Madrid and Germany defender is set for a big few months with his club side still going for a La Liga and Champions League double before he turns his attention to the World Cup in the United […]
