brady

Nominations open for new UK PM to replace Liz Truss, cut-off set at 100 MPs

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Nominations open for new UK PM to replace Liz Truss, cut-off set at 100 MPs

The nominations for Conservative Party members planning to contest in the leadership election to replace Liz Truss as Tory leader and British Prime Minister officially opened on Thursday evening, with a high threshold of 100 members of Parliament set for the final shortlist. Graham Brady, chair of the 1922 Backbench Committee in charge of Tory … Read more

Equity investors aren’t happy with better-than-expected US jobs data. Here’s why

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Equity investors aren’t happy with better-than-expected US jobs data. Here’s why

Job growth eased slightly in September but remained robust, indicating that the economy was maintaining momentum despite higher interest rates. But the strong showing left many investors unhappy because they saw signs that the fight against inflation may become tougher and more prolonged. Employers added 263,000 jobs on a seasonally adjusted basis, the Labor Department … Read more