Labour’s Modern Supply-Side Economics, UK Retail Sales Data, US Stocks Soar, and Oil Prices Rise

Can Labour fix Britain using modern supply-side economics? Get insights into the UK retail sales data and the impact on the economy. US stocks end higher after strong retail sales data. Oil prices set for weekly gains on renewed enthusiasm around the US economy.

Sources:
https://www.theguardian.com/business/article/2024/aug/16/can-labour-fix-britain-modern-supply-side-economics
https://www.rttnews.com/3469485/european-economic-news-preview-uk-retail-sales-data-due.aspx
https://finance.yahoo.com/video/us-stocks-end-higher-strong-223824111.html
https://finance.yahoo.com/news/oil-prices-set-weekly-gains-005621415.html

Outline:
(00:00:00) Introduction
(00:00:39) ‘A big ask’: can Labour fix Britain using modern supply-side economics?
(00:03:16) European Economic News Preview: UK Retail Sales Data Due
(00:05:54) US stocks end higher after strong retail sales data
(00:08:46) Oil prices set for weekly gains on renewed enthusiasm around US economy