US inflation gauge falls more than expected; China stocks post best week since 2008

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Federal Reserve’s preferred measure, PCE inflation, falls to 2.2%, easing way for further rate cuts

2h agoWall Street is set to open slightly higher after the inflation data. The S&P 500, Dow Jones and tech-heavy Nasdaq are on track for their third straight week of gains.

But livestock farmers have an incentive to use more antibiotics on their herds, because intensive farming conditions can lead to an increased risk of disease. In some countries,In the UK, new regulations were introduced this year to restrict the use of antibiotics in farming, as British farmers are no longer covered by strict EU rules. The law stipulates that antibiotics must not be used to compensate for poor hygiene or inadequate animal husbandry.

But politicians, researchers and England’s most capped men’s player, Peter Shilton, called on the government to act after a new study found a surge in gambling ads which they said exposed the “woeful inadequacies” of allowing clubs and gambling operators to set their own rules. Sick leave rates at the factory on the outskirts of Berlin, which the union says operates with a “culture of fear”, have commonly hit 15% or higher.

The CBI said its monthly retail sales balance, which deducts retailers who said their sales rose from those reporting a decline, improved to +4% in September from -27% in August. Retailers’ expectations for the month ahead improved to +5% from -17%, and were the strongest since April 2023.

 

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