Business
UK inflation falls to 3% as rate cut hopes build
UK inflation slowed more sharply than many had feared in January, falling to 3 per cent and bolstering expectations that the Bank of England could resume cutting interest rates as early as next month.
Data from the Office for National Statistics showed consumer price index (CPI) inflation eased from 3.4 per cent in December to 3 per cent in January, the lowest annual rate since March 2025. The reading was in line with analysts’ forecasts.
The decline was driven by lower airfares, falling petrol prices and easing food costs. Food inflation slowed to 3.6 per cent year-on-year, down from 4.5 per cent in December and its lowest level since last April. Services inflation edged down to 4.4 per cent from 4.5 per cent, while core inflation, which strips out volatile elements such as energy and food, fell to 3.1 per cent.
However, higher prices for hotel stays and takeaway food partly offset the broader slowdown.
Grant Fitzner, chief economist at the ONS, said: “Inflation fell markedly in January, driven in part by a drop in petrol prices and airfares following December’s increases. Lower food prices also contributed, particularly for bread, cereals and meat.”
The easing in price pressures comes amid signs of weakness in the labour market. Earlier this week, figures showed unemployment had climbed to 5.2 per cent, its highest level in five years, while youth joblessness reached a decade high.
Taken together, softer inflation, rising unemployment and sluggish growth have increased market expectations of a rate cut when policymakers meet on 19 March. Financial markets are now pricing in a strong likelihood that rates will be reduced from 3.75 per cent to 3.5 per cent. The Bank lowered rates four times in 2025.
Rachel Reeves said cutting the cost of living remained her “number one priority”, pointing to measures in the November budget such as energy bill adjustments and the first rail fare freeze in 30 years as helping to ease pressure on households.
At its most recent meeting, the Bank’s monetary policy committee voted narrowly, by 5-4, to hold rates steady. Governor Andrew Bailey indicated there was scope for further easing this year if inflation continued to moderate.
Yael Selfin, chief economist at KPMG UK, said the latest figures “pave the path for a March rate cut” and suggested there could be up to three reductions over the course of 2026.
Markets reacted modestly. Sterling dipped 0.06 per cent against the dollar to $1.35, while the yield on the ten-year UK government bond fell to 4.38 per cent, its lowest level in around a month.
With inflation edging closer to the Bank’s 2 per cent target and economic momentum slowing, attention will now turn to whether policymakers judge the cooling trend sufficiently durable to justify renewed monetary easing.
Business
How will Charities Continue to Raise Money?
The way charities fundraise is evolving faster than ever. Shifts in technology, donor expectations, and global challenges are reshaping how people give and why.
Traditional methods like street collections and gala dinners still have a place, but the future of fundraising will be more digital, more personalised, and more participatory than anything that came before it.
To stay relevant and resilient, charities must embrace new models that build deeper relationships, leverage innovation, and meet supporters where they already are.
Community Powered Digital Fundraising
Peer to peer fundraising will continue to grow, but with a sharper focus on community rather than one off campaigns. Supporters increasingly want to fundraise with friends, not just for causes.
Future platforms will make it easier for donors to:
- Launch micro-campaigns in seconds
- Set up recurring group challenges
- Share progress transparently across social and messaging apps
Instead of relying on a few major events each year, charities can empower thousands of supporters to run small, continuous fundraising efforts that collectively make a big impact.
Subscription Giving and Membership Models
The “Netflix effect” is influencing charitable giving. More donors prefer predictable, low-effort monthly contributions rather than large, sporadic donations.
Forward thinking charities are reframing regular giving as membership:
- Exclusive updates and behind the scenes access
- Opportunities to vote on funding priorities
- Digital badges, recognition, or impact reports
This model creates financial stability for charities while strengthening donor loyalty and emotional investment.
Data Driven Personalisation
As donors become more selective, generic fundraising appeals will lose effectiveness. The future lies in personalisation powered by ethical data use.
Charities will increasingly tailor:
- Messaging based on donor interests and history
- Donation amounts suggested by giving patterns
- Impact stories aligned with individual motivations
When supporters feel understood and valued as individuals not just wallets they are far more likely to give again.
Fundraising Platforms as Ecosystems, Not Just Tools
Future fundraising platforms will move beyond being simple donation pages and become full ecosystems that support long term engagement. Rather than one size fits all solutions, platforms will increasingly cater to specific causes, regions, and donor behaviours.
Key shifts we’re likely to see include:
- All in one donation platforms combining events, peer to peer campaigns, volunteering, and impact reporting in one place
- Platform native communities, where supporters can interact, collaborate, and fundraise together year round
- AI assisted optimisation, helping charities test messaging, timing, and suggested donation amounts in real time
- Greater accessibility, with multilingual support, mobile first design, and local payment options to reach global audiences
We’ll also see more ethical competition among platforms, with transparency around fees, data use, and carbon impact becoming differentiators. For smaller charities in particular, the right platform will act less like a vendor and more like a strategic partner lowering technical barriers and allowing teams to focus on mission rather than infrastructure.
As donor expectations rise, fundraising platforms that prioritise trust, usability, and community building will play a central role in shaping how charities raise money in the future.
Corporate Partnerships with Shared Value
is shifting from simple sponsorships to long term, mission aligned partnerships. Companies are under growing pressure to demonstrate social responsibility, and charities can play a central role in that story.
Future collaborations may include:
- Employee led fundraising and volunteering programs
- Cause linked products where a percentage of sales is donated
- Joint impact reporting that benefits both brand trust and transparency
The most successful partnerships will feel authentic, not transactional.
Immersive Storytelling Through Technology
Virtual and augmented reality will transform how charities tell their stories. Instead of reading about impact, donors will be able to experience it.
Imagine:
- Virtual tours of project sites
- Interactive simulations showing how donations create change
- Live streamed field updates with real time Q&A
These immersive experiences create empathy, urgency, and trust key drivers of future fundraising success.
Fundraising Through Everyday Actions
In the future, donating won’t always feel like donating. Charities are exploring ways to embed giving into daily life.
Examples include:
- Rounding up purchases for charity
- Donating data, skills, or computing power instead of money
- Passive fundraising through apps, browsers, or loyalty programs
This approach lowers the barrier to entry and brings in supporters who might never respond to a traditional appeal.
Co Creation With Beneficiaries
One of the most powerful future shifts is who gets to shape fundraising narratives. Increasingly, charities are involving beneficiaries directly in campaigns.
This can mean:
- First person storytelling
- Beneficiaries helping design projects and goals
- Shared decision making on how funds are allocated
This model not only improves authenticity but also challenges outdated power dynamics in the sector.
Looking Ahead
The future of charitable fundraising is not about chasing every new trend it’s about building trust, relevance, and community in a fast changing world. Charities that listen closely to supporters, experiment thoughtfully with technology, and stay rooted in their mission will be best positioned to thrive.
Fundraising is no longer just about asking for money. It’s about inviting people to belong, participate, and help shape a better future together.
Business
Rent prices see relief as growth hits slowest pace since 2020 nationwide
The Corcoran Group broker Noble Black joins Varney & Co. to discuss homebuilder confidence, mortgage rates and Congress actions to address the housing crisis.
Renters are expected to see some relief from rising prices this year, with the pace of rent growth expected to slow as the market stabilizes and a measure of affordability hits a four-year-high.
An analysis by Zillow projects that multifamily rental prices are expected to remain relatively flat through the end of 2026, declining slightly by 0.2%.
Single-family rents are expected to rise at an annual rate of 1.1% in December 2026, which the report says would represent a “sharp slowdown from the rapid increases of recent years” as higher vacancy rates and more newly-built apartments help keep rent growth subdued as renters’ bargaining positions improve. Single family rents were up 2.7% last month from a year ago.
Zillow found that the typical asking rent in January was $1,895, up just 0.1% from December and 2% year over year. That represents the slowest annual rent growth since December 2020, as the market has steadied after prices saw rapid increases during the pandemic.
TEXAS CAPITAL’S HOUSEHOLD GROWTH SURGES, FAR OUTPACING NATIONAL RATE

Rent growth has eased over the last year and the trend is expected to continue in 2026, according to an analysis by Zillow. (Michael Nagle/Bloomberg via Getty Images)
Rents for multifamily homes have grown at an even slower pace, rising just 1.4% from a year ago. Zillow’s projection that multifamily rents will decline slightly and remain essentially flat this year, indicates that further relief could be on the way.
Slowing rent growth has boosted an affordability measure that takes into account renters’ income levels. A median income household would now spend 24.3% of its income on typical apartment rent, which is down slightly from 25% in February 2020.
By another measure, the typical household is spending 26.4% of its income on rent, which is the lowest share since August 2021.
US HOME PRICES ARE RISING – BUT THESE FAST-GROWING MARKETS REMAIN AFFORDABLE

Austin, Texas, was one of the most affordable metro areas for renters in Zillow’s analysis. (iStock)
Metro areas where that figure is significantly higher than the national average include Miami (37.2%), New York City (36.9%) and Los Angeles (34%).
Notable metros with better affordability include St. Louis (19.7%), Minneapolis (19.4%), Denver (19.4%), Austin (17.9%) and Salt Lake City (17.9%).
“Renters are operating in a very different environment than they were just a few years ago,” said Orphe Dviounguy, senior economist at Zillow. “When supply expands and vacancies rise, property managers have to adjust on both price and terms. Concessions are near record highs, keeping rent growth modest and creating meaningful opportunities for renters.”
HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

Los Angeles is among the metro areas facing affordability challenges for renters. (Patrick T. Fallon/AFP via Getty Images)
Zillow also noted that renters are getting more concessions in lease terms as they utilize their negotiating leverage in renewals and new leases.
It found that nearly 40% of rental listings on the Zillow platform in January had at least one concession, like a free month of rent or a reduced deposit.
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That’s slightly below the record high set last January, when 41.1% of listings had a concession, and the figure remains elevated compared to historical norms.
Business
Taco Cabana, PepsiCo, Inc. debut limited-time menu items
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The Cheetos Flamin’ Hot Queso Rojo line features two new menu items.
Business
Oppenheimer raises Travel + Leisure stock price target on earnings beat

Oppenheimer raises Travel + Leisure stock price target on earnings beat
Business
Meta CEO Zuckerberg testifies in trial that could reshape tech’s liability
Former federal prosecutor Andrew Cherkasky discusses Meta CEO Mark Zuckerberg’s landmark social media addiction trial on ‘Varney & Co.’
Meta CEO Mark Zuckerberg took the stand Wednesday in Los Angeles Superior Court in a landmark trial over claims that social media platforms harm children, marking his first time answering youth safety allegations before a jury.
The bellwether lawsuit, K.G.M. v. Meta Platforms, Inc., et al., was filed by a 20-year-old California woman identified by her initials. She alleges that Meta and other social media companies engineered their platforms to hook young users, fueling her depression and suicidal thoughts, and is seeking to hold the companies accountable.
META CEO TO TESTIFY IN HIGH-STAKES TRIAL THAT COULD COST BIG TECH BILLIONS

Mark Zuckerberg, chief executive officer of Meta, arrives at a court in Los Angeles to testify in a landmark trial over social media addiction. (Kyle Grillot/Bloomberg via Getty Images)
Meta’s Instagram and Google’s YouTube deny the allegations, citing years of expanded safety features and parental controls as part of their defense. The tech titan is expected to point to other factors in K.G.M.’s life, highlight their investments in youth safety and argue they should not be held responsible for harmful content uploaded by users.
A verdict for the plaintiff could set a precedent for holding tech companies responsible for harmful design decisions, despite years of successfully invoking Section 230’s content liability shield — a federal law that largely shields online platforms from lawsuits related to user-posted content. A rejection of that defense could pave the way for similar lawsuits nationwide, exposing Meta and other tech companies to billions in potential damages and pressuring them to redesign their platforms.
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This is a developing story; check back later for updates.
Business
(VIDEO) Canada Rallies Past Czechia 4-3 in Overtime Thriller to Advance to Men’s Hockey Semifinals
Mitch Marner scored the overtime winner 1:22 into the 3-on-3 extra period, lifting top-seeded Canada to a dramatic 4-3 comeback victory over Czechia in the men’s ice hockey quarterfinals at the Milano Cortina 2026 Winter Olympics on Wednesday, avoiding a stunning early exit and advancing to Friday’s semifinals.

Trailing 3-2 with under four minutes left in regulation, Nick Suzuki tied the game at 3-3 with 3:27 remaining on a deflection off a Devon Toews shot. Marner’s backhander in sudden-death sealed the win after Canada overcame an early deficit and the loss of captain Sidney Crosby to injury.
Macklin Celebrini opened the scoring for Canada in the first period, but Czechia responded with goals from Lukas Sedlak and David Pastrnak to take a 2-1 lead after 20 minutes. Nathan MacKinnon tied it on the power play in the second at 12:16, assisted by Connor McDavid, who extended his Olympic points record to 11 with two helpers in the game.
Ondrej Palat put Czechia back ahead 3-2 in the third with a hash-mark strike off a Martin Necas pass, but Canada’s relentless pressure — outshooting Czechia 41-24 overall — forced overtime. Goaltender Jordan Binnington earned the win with key saves, including during a tense third-period push.
The victory avenged a closer-than-expected rematch after Canada’s dominant 5-0 group-stage win over Czechia on Feb. 12. Czechia, which scraped into the quarters with a qualification-round win over Denmark, pushed the tournament favorites to the brink with strong goaltending from Lukas Dostal and physical play.
Crosby left early after a hit from Radko Gudas, limping off and not returning — a concern for Canada as it prepares for the semifinals against the lowest remaining seed. McDavid’s performance continued his dominance, tying the NHL-era Olympic points record in a single Games.
Canada improves to 4-0-0-0, while Czechia ends its campaign at 1-1-1 in the knockout stage. The Canadians dominated possession but faced resilient defending from Czechia, which blocked shots and countered effectively.
The quarterfinals wrapped with Finland vs. Switzerland (12:10 p.m. ET) and U.S. vs. Sweden (3:10 p.m. ET) following Slovakia’s earlier 6-2 win over Germany. Semifinals are set for Friday, Feb. 20, with the gold-medal game Sunday, Feb. 22.
Canada’s path to a potential 10th Olympic men’s hockey gold remains on track despite the scare. Coach Jon Cooper praised the team’s resilience: “We showed character when it mattered most.” Marner, celebrating his OT heroics, called it “a battle we needed to win.”
The win keeps the star-studded Canadian roster — featuring McDavid, MacKinnon, Suzuki, Celebrini and others — alive in pursuit of gold, with the semifinals promising another high-stakes clash.
Business
The Consumer Shock From Tariffs Isn’t Over. When Will Prices Peak?
In this episode of WSJ’s Take On the Week, we’re joined by Royal Bank of Canada Chief Economist Frances Donald, who explains the K-shaped economy.
We discuss how Walmart has hit a trillion-dollar market capitalization despite consumer sentiment near record lows.
Plus, we talk about what could be hiding the true health of U.S. households, from front-loading purchases ahead of potential tariffs to buy-now-pay-later programs.
🎧 Listen to the podcast here or 📹 watch the video clip below:
Business
Illinois Tool Works: The Market Has Better Opportunities Available
Illinois Tool Works: The Market Has Better Opportunities Available
Business
Eli Lilly Trumps Novo Nordisk In GLP-1 Race: Multi-Year Growth Prospects
Eli Lilly Trumps Novo Nordisk In GLP-1 Race: Multi-Year Growth Prospects
Business
Dutch Off-Spinner Shines Against India in T20 World Cup 2026
Aryan Dutt, the 22-year-old Dutch off-spinner, delivered a standout performance in the ICC Men’s T20 World Cup 2026, claiming 2/19 in four overs against defending champions India on Feb.18, including the prized wicket of world No.1 T20I batter Abhishek Sharma for a third consecutive duck in the tournament. His economical spell helped Netherlands restrict India to 193/6 before the Dutch fell short by 17 runs, but Dutt’s control in the powerplay earned praise as the pick of the bowlers.

Born in The Hague to Punjabi-Indian heritage, Dutt has emerged as a key figure in the Netherlands’ associate-nation cricket renaissance, blending tall-frame leverage with sharp spin to trouble top international lineups.
Here are 10 key things to know about Aryan Dutt, the rising star whose recent exploits highlight the growing depth of Dutch cricket.
- Early Life and Heritage Aryan Dutt was born May 12, 2003, in The Hague, Netherlands. His father hails from Punjab, India, with his parents migrating to the Netherlands in the 1980s. Raised in The Hague, Dutt grew up immersed in a multicultural environment that fueled his passion for cricket through local clubs.
- Youth Development at Voorburg CC Dutt honed his skills in the productive Voorburg Cricket Club academy, one of the Netherlands’ premier development programs. Initially viewed as a triple-threat — opening the batting and bowling before specializing in off-spin — he transitioned fully to spin, capitalizing on his 6-foot frame for extra bounce and revs.
- International Debut at 18 Dutt made his senior debut for the Netherlands in June 2021 during a T20I series against Scotland. He quickly established himself in limited-overs formats, earning spots in both ODI and T20I squads by leveraging economical spells and middle-order contributions.
- Breakout in 2023 World Cup During the 2023 ODI World Cup, Dutt opened the bowling in several matches, showcasing maturity beyond his years. His performances against full-member nations helped Netherlands secure notable upsets and boosted his profile on the global stage.
- T20 World Cup 2026 Heroics In the Feb. 18, 2026, clash with India in Ahmedabad, Dutt struck early: clean-bowling Abhishek Sharma for a golden duck on the third ball and later dismissing Ishan Kishan in unusual fashion (ball off arm onto stumps). Finishing with 2/19 in four overs, he dominated the powerplay, denying India boundaries for long stretches and earning acclaim as Netherlands’ standout bowler.
- Career Stats and Rankings As of February 2026, Dutt has taken 27 T20I wickets at an average of 22.93, with strong economy rates in high-pressure games. In ODIs, he ranks around No. 44 among bowlers, while sitting at No. 57 in T20Is and No. 87 as an all-rounder. He has scored 127 T20I runs at a strike rate reflecting utility batting.
- All-Round Capabilities Though primarily an off-spinner, Dutt’s early career saw him open batting and bowling in youth cricket. He contributes handy lower-middle-order runs and has taken key catches in the field, adding versatility to the Dutch lineup alongside players like Bas de Leede and Logan van Beek.
- Social Media Presence Dutt maintains an active Instagram account (@aryan.dutt) with over 11,000 followers, sharing glimpses of training, matches and personal moments. Posts from the 2026 T20 World Cup highlight his calm demeanor and team spirit amid big-stage pressure.
- Role in Netherlands’ Rise As an associate nation, Netherlands relies on talents like Dutt to punch above their weight. His ability to exploit turning conditions and control run rates has been crucial in competitive matches against India, Sri Lanka and others, helping elevate Dutch cricket’s profile in ICC events.
- Future Outlook At just 22, Dutt is poised for further growth with potential domestic league opportunities and continued ICC tournaments. His recent spell against India’s star-studded batting order signals he could become a mainstay in global T20 cricket, inspiring the next generation of Dutch players of South Asian descent.
Dutt’s performance against India — including dismissing the tournament’s top-ranked batter — underscores his rising stature, even in defeat for Netherlands. As the T20 World Cup progresses toward the Super Eight and beyond, expect the young spinner to remain a focal point for associate cricket enthusiasts.
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