Edition:
United States

David Milliken

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

9:01am EDT

UK retail sales grow faster in July, helped by World Cup and discounting

LONDON British shoppers spent more than expected in July, after hot weather and the World Cup continued to boost food sales and other retailers offered discounts, pointing to a solid start to the third quarter for the economy. | Video

Aug 14 2018

UK jobless rate falls to new 43 year-low, but pay growth weakens

LONDON Britain's unemployment rate fell unexpectedly to a new 43-year low in the three months to June and productivity rose, but there was little upside for most workers as pay growth slowed to its weakest in nine months.

Aug 02 2018

Bank of England raises rates above crisis lows, signals no rush for next hike

LONDON The Bank of England pushed interest rates above their financial crisis lows on Thursday, but signalled it was in no hurry to raise them further as Britain heads for Brexit next year with no clear plan for leaving the European Union. | Video

Jul 31 2018

BoE should raise rates, but be ready for U-turn: NIESR

LONDON The Bank of England should raise interest rates this week but also tell the public it will be ready to make a U-turn if Brexit talks sour or trade tensions with the United States escalate, a leading economic think tank said on Wednesday.

Jul 27 2018

Britain's 'furnace Friday' tests temperature records

LONDON Britons sweltered on what was dubbed "furnace Friday", though temperatures appeared not to have set new records after overnight storms, according to figures from government weather forecasters at the Met Office.

Jul 27 2018

'R-star' in the limelight as Bank of England opens up on rates

LONDON Britain's central bank is about to shed more light on a concept that may explain why it thinks borrowing costs must rise even as the economy grows only slowly - "R-star" (or "R-dagger"), the 'equilibrium', 'neutral' or 'natural' interest rate.

Jul 26 2018

Slump in London house-building weighs on UK housing starts

LONDON British builders have cut back sharply on the number of new homes they plan to start in London, taking the shine off industry data which otherwise remained near its strongest since the global financial crisis.

Jul 25 2018

UK retail and mortgage data points to pick-up ahead of BoE decision

LONDON British shoppers are spending strongly and more people are trying to buy homes, according to industry data on Wednesday that is likely to strengthen the Bank of England's conviction that the economy has shrugged off a weak start to the year.

Jul 23 2018

Reversing quantitative easing would not be hawkish signal, says BoE's Broadbent

LONDON The Bank of England will tread carefully and keep a close eye on the effect on inflation when the time comes for it to start to sell its 435 billion pounds of quantitative easing (QE) assets, BoE Deputy Governor Ben Broadbent said on Monday.

Jul 23 2018

UK households' mood boosted by easing inflation squeeze - IHS Markit

LONDON British households grew more positive about their finances this month as they faced less of a squeeze from inflation and benefited from higher pay - though most will be in for a shock if the Bank of England raises interest rates next month. | Video

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary