Hundreds of thousands of people are expected to log on today to file a self-assessment tax return and avoid a £100 fine.
Two Amman based graphic designers have started a project that offers dilapidated businesses modern makeovers completely free of charge.
Shares in US burger chain Shake Shack surge 118% on their New York Stock Exchange debut, valuing the company at $1.8bn.
Poor budget figures underline big challenges facing president
Succinct Summations week ending January 30rd
1. Weekly jobless claims fell 43,000 to 265,000, the lowest since 2000!
2. Apple reported a record breaking quarter as it sold 74.5 million iPhones
3. Personal consumption came in at 4.3% vs 4% expected.
4. Chicago PMI came in at 59.4 vs the 57.5 expected.
5. U of Mich consumer confidence came in at 98.1, a hair below expectations but still strong and up from 93.6 in December.
1. US Q4 real GDP came in at 2.6% annualized vs 3% expected.
2. Durable goods fell 3.4% m/o/m, below expectations and down from the 2.1% decline in November.
3. The S&P 500 had back-to-back down months for the first time since 2012
4. Yields keep falling around here and around the globe; 30 year hits lowest yields ever.
5. Earnings season has not been kind to some of the biggest companies, including Caterpillar, Microsoft and Qualcomm.
6. Dallas fed manufacturing index came in at -4.4 vs 3 expected.
7. Germany, Europe’s largest economy fell 0.3% m/o/m, the first negative print since 2009.
8. The S&P 500 has moved in a range greater than 1% in all but two trading days in January, volatility is back.
9. Pending home sales fell 3.7% m/o/m
The January drop of 0.6% follows annual deflation of 0.2% in December, which economists say vindicates the decision by the ECB to pump €1.1tn into financial markets
Fresh fears have been raised about the economic outlook after the US economy lost momentum at the end of last year and the eurozone descended deeper into deflation.
Figures from the European statistics office, suggesting that prices fell 0.6% in January on the previous year, the biggest drop since the depths of recession in 2009, prompted warnings that radical action by the European Central Bank may have come too late to shore up the eurozone’s flagging recovery.
Related: Eurozone deflation: where does this leave quantitative easing?
Yanis Varoufakis says new government will refuse to engage with auditors from the EU, the European Central Bank and the International Monetary Fund
The battle lines between Greece and its creditors were drawn in Athens as the Greek finance minister announced that the new government would refuse to engage with representatives of the country’s hated troika of lenders.
Standing his ground after talks in the capital with Jeroen Dijsselbloem, head of the eurogroup of EU finance ministers, Yanis Varoufakis said Greece would not pursue further negotiations with the body of technocrats that has regularly descended on the country to monitor its economy. Nor would it be rowing back on election-winning pledges by asking for an extension to its €240bn (
Marked slowdown from 5% pace during the previous quarter