States Face Fiscal Strain as Welfare Spending Weighs on Revenue Growth Morgan Stanley Kevin Warsh Faces Potential Federal Reserve Division Over Interest Rate Cut Prospects UK Treasury Rejects Proposal to Cut VAT on Public EV Charging to 5 Retailers Navigate KShaped Economy with Price Cuts and Premiumization Strategies Analysts Weigh In Mixed Sentiment on Genuine Parts Stock Markets Shift Expectations Fed Rate Hike Scenario Gains Traction After Hot Inflation Data Consumer Credit Growth Surges in December Implications for Economic Activity