China has privately asked Iran to use its influence to rein in Yemen's Houthis after Saudi Arabia appealed to Beijing for help following the group's rapid military advances along the Red Sea coast, Reuters reported on T…
The SEC abruptly delayed the release of its long-previewed "innovation exemption" this week after closed-door meetings in which Nasdaq, NYSE, and Cboe leadership pushed back hard on the proposed framework. The exemption…
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At its meeting ending on 16 September 2026, the MPC set out a multi-year path to reduce the stock of UK government bond purchases held henceforth for monetary policy purposes to zero, through annual sales of £20 billion…
At its meeting ending on 16 September 2026, the Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate at 3.75%. Three members voted to increase Bank Rate by 0.25 percentage points, to 4%.
During our review of consumer vulnerability, we saw how relatively simple changes can make a real difference. One payments provider serving small business customers found that some customers were struggling to set up an…
Next has thanked warmer weather for an “unexpected” boost in sales, leading the clothing retailer to raise its profit forecasts for the fourth time this year.
The UK should introduce a ban on almost all gambling advertising to protect public health, a cross-party group of peers has urged, prompting fury from the lobby group for bookmakers and casinos.
It's going to be a busy week ahead, with plenty of important events to watch. Monday will bring inflation data from Canada and Tuesday will see the release of the U.K. claimant count change, average earnings index 3m/y,…
The Federal Reserve raised interest rates Wednesday — a move that puts new Fed Chair Kevin Warsh squarely at odds with President Donald Trump’s demands for lower borrowing costs.
US interest rates have been raised for the first time in more than three years to 3.75%-4% from 3.5%-3.75% by the Federal Reserve. Fed Chair Kevin Warsh warned they could be increased further later this year in a bid to…
Policymakers at the Bank of England are expected to keep interest rates unchanged despite price rises accelerating due to the prolonged conflict in the Middle East.
Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data …
The US Federal Reserve voted to raise interest rates on Wednesday for the first time since 2023 as the central bank continues to fight to tamp down inflation.