U.S. consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.
Marriage rates among the over 50s have risen significantly in recent years, according to the Office for National Statistics (ONS). Latest data reveals the number of men who said ‘I do’ aged 50+ is up by 33% in the past decade; for women in that age group it’s even higher, at 47%. Those figures are…
Toronto’s population growth slowed dramatically in 2025 as lower immigration and continued domestic out-migration reshaped growth patterns across Canada’s largest cities.
Prediction markets continue to expand into new products, new distribution channels, and new regulatory frameworks. This week brought developments across all three. Kalshi Looks Beyond Crypto Perpetuals Kalshi is preparing to expand its perpetual futures business beyond crypto, discussing contracts tied to foreign exchange, metals, and energy with regulators. According to Reuters, the exchange has…
Big Pharma has a $300 billion problem, and biotech developers with promising drugs are becoming the fix. Major drugmakers are spending at a pace not seen since 2019 to replace medicines that will soon lose patent protection. Key Takeaways: Big Pharma faces $300 billion in expiring drug patents through the decade. Total biopharma deal value…
Russell Investments is getting new owners. An investor consortium led by B Capital, a global multi-stage investment firm, has agreed to acquire the asset manager from TA Associates and Reverence Capital Partners. The group also includes the California Public Employees’ Retirement System (CalPERS), according to a Thursday press release. Key Takeaways: B Capital is leading…
Minutes Welcome / introductions The Chair welcomed the Group and those present as part of the observers’ programme. Diversity, Equity & Inclusion DE&I remains a priority for the Bank of England and the Group, ensuring that the initiatives which are in place receive continued support. The Group discussed differences in flexible working policies between individual…