The world's advanced economies including the UK and US need to cut borrowing and reduce debt levels following weeks of spiralling government interest costs, the head of the International Monetary Fund (IMF) has warned.
Read more →The Federal Reserve’s monetary policy control toolkit continues to be very effective, Roberto Perli, a New York Fed official responsible for implementing short-term interest rate policy for the central bank, said on…
Read more →The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby ind…
Read more →Treasury Secretary Scott Bessent has emerged as the leading candidate to serve as the Trump administration's "AI czar," a newly created position to coordinate artificial intelligence policy across the federal government…
Read more →Alisher Usmanov and Mikhail Fridman delisted in what Ireland’s EU presidency calls ‘a difficult compromise’ for the bloc
Read more →Washington, D.C.--(Newsfile Corp. - September 22, 2026) - The Securities and Exchange Commission today censured New York-based broker dealer OTC Link LLC and ordered it to pay a $575,000 civil penalty for longstanding v…
Read more →Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK’s “ridiculously high” gas prices.
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Read more →Some of continent’s biggest pharma firms write to national leaders calling for action to safeguard their futures
Read more →The UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next month’s budget.
Read more →Motorists buying a secondhand car with a lot of miles on the clock are likely to find an electric vehicle (EV) ultimately more reliable than a petrol vehicle, according to a study.
Read more →Consumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.
Read more →Former chancellor, now senior figure at OpenAI, says UK needs datacentres to maintain ‘sovereignty’ over AI tech
Read more →The country’s licensing laws mean the supermarket has opened a pub so it can sell alcohol, while campaigners are fighting to help other venues open and get people dancing
Read more →Free debt advice is available to everyone. However, the FCA is concerned that some consumers are being steered towards fee-paying debt solutions that may not be suitable for their needs, sometimes through high pressure …
Read more →Markets spent Thursday digesting the fallout from Wednesday's Federal Reserve rate hike, with Goldman Sachs among the first to revise its outlook, moving up its call for the next increase to the October 27 to 28 meeting…
Read more →The government borrowed more than expected in August, as persistently higher inflation pushed up overall spending.
Read more →Essentially, we experienced an initial wave of energy price increases in March and April this year, and then some optimism after the United States and Iran signed the Memorandum of Understanding on 17 June to bring the …
Read more →Trump’s announcement on Russia ally comes as he steps up his trade war with Canada, a long-term US ally and top supplier of potash
Read more →Lawyers say Black employees at Tesla experienced ‘rampant racism’ that was left unchecked for years at their flagship factory in California
Read more →Ed Davey is to call for a global nuclear-style non-proliferation treaty to halt the development of super-intelligent AI when he makes his keynote speech at the Liberal Democrat conference, accusing Andy Burnham of relyi…
Read more →St. Louis Federal Reserve (Fed) President Alberto Musalem said interest rates likely need to rise further to tame inflation that is both demand- and supply-driven. He warned that without more policy restraint, inflation…
Read more →States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger
Read more →The smoke rising from the Kapotnya oil refinery to the south-east of Moscow marks one of Ukraine’s biggest air raids on the Russian capital since the start of the war, and the latest salvo in an energy crisis that threa…
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