Markets need to ‘re-anchor their thinking’: Bank of England chief economist hints that traders have it wrong
LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will…
LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will…
In this photo illustration, former U.S. President Donald Trump’s archived Twitter account is shown on a phone screen with the…
Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week…
Alphabet shares dropped about 7% in extended trading on Tuesday after the company reported weaker-than-expected earnings and revenue for the…
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a…
LONDON — British Prime Minister Liz Truss resigned Thursday, bringing to a close a brief 44-day tenure mired by “mini-budget”…
Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including…
Stocks rose sharply on Monday as key earnings reports eased some of investors’ fears and oversold tech names enjoyed a…
British Prime Minister Liz Truss attends a news conference in London, Britain, October 14, 2022. Daniel Leal | Reuters LONDON…
Getty Images LONDON — U.K. bonds sold off again this week, pushing yields to their highest level since before the…
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil.…
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
LONDON — The U.K. government’s reversal on scrapping the top rate of income tax is down to political optics and…
A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty…
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the…
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations…