Month: April 2023

A family of four in New York City needs to make more than $100,000 to cover basic costs, according to a new analysis. Source: American Media Distribution -americanmediadistribution.com- BBC Business Half of NYC households face cost of living crisis

Shares in the US-based bank plunged by nearly 50% after it revealed the scale of the bank run during last month’s panic. Source: American Media Distribution -americanmediadistribution.com- BBC Business First Republic: Shares fall after more than 0bn of withdrawals

Huw Pill, chief economist for the Bank of England, says asking for pay rises contributes to inflation. Source: American Media Distribution -americanmediadistribution.com- BBC Business Bank of England economist says people need to accept they are poorer

There’s growing concern that the oceans are heating up quickly – and scientists are unsure of the implications. Source: American Media Distribution -americanmediadistribution.com- – BBC Science External Climate change: recent, rapid ocean warming alarms scientists

Payments have now started of £301 to each of eight million people on low incomes and receiving benefits. Source: American Media Distribution -americanmediadistribution.com- BBC Business Millions start to get latest cost-of-living payment

The CBI business lobby group says it “made mistakes that led to terrible consequences”. Source: American Media Distribution -americanmediadistribution.com- BBC Business CBI hired 'toxic' staff and failed to sack offenders