The staggering size of the so-called longevity economy has been attracting more entrepreneurs, deep-pocketed financiers and events to pitch new ideas.
Meg Whitman will support Hillary Clinton. The Hewlett Packard executive and Republican fund-raiser said that she would give a “substantial” contribution to the Clinton campaign in order to stop Donald Trump, whom she berated as “a dishonest demagogue.” – The New York Times
Bank of England’s latest predictions on inflation. The Bank of England is widely expected to cut interest rates on Thursday after signaling that economic pressures from Britain’s vote to leave the European Union could necessitate an easing of rates. The Monetary Policy Committee has left its benchmark rate steady at 0.5 percent since March 2009, but the central bank said in July that “uncertainty flowing from the referendum result was likely to depress economic activity in the near term.” Also on Thursday, the bank is also expected to release its latest predictions on inflation, to be followed by a news conference by its governor, Mark Carney. Inflation is an important metric for its monetary policy decisions. – Chad Bray