Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…
Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
Archaeologists Have Uncovered a Mysterious Stone Roundel in Prague That’s Older Than Stonehenge and the Pyramids
A mysterious, newly discovered stone roundel in Prague is older than Stonehenge and the Egyptian pyramids, built some 7,000 years…
Opium Traces Found in 3,500-Year-Old Pottery Suggests the Ancient Canaanites Were the First Humans to Use Psychoactive Drugs
Bronze Age humans living in the Levant may have been the first people to get high on psychoactive drugs, according…
Viking Women Were Power Knitters Whose Textiles Provided Vital Trade Across Europe, Researchers Say
The Vikings of legend were fearless male warriors who raided coastal towns across Europe. But archaeological research shows that Viking…
Can Someone Change Your Address Without Your Knowledge?
No one ever expects to be a victim of identity theft. But the unfortunate truth is that it happens more…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
‘Floundering, not drowning’: Economists divided on prognosis for Russian economy
Russian President Vladimir Putin meets with head of Federal Financial Monitoring Service (Rosfinmonitoring) Yury Chikhanchin at the Kremlin in Moscow,…
Stocks rally to reverse two-day slide, surging on rosy earnings results and economic data
2 Hours Ago All three major averages closed higher, snapping two days of losses All three major averages rallied Wednesday,…
Here’s how to know if we’re in a recession, and it’s not what you think
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly |…
Archaeologists Uncover an Ancient Palace That May Be the Long-Lost Summer Home of Genghis Khan’s Warrior Grandson
Archaeologists in Turkey have discovered the remains of an ancient palace that may have belonged to Hulagu Khan, a grandson…
How to Not Get Scammed Buying Tickets
If attending the biggest sporting events, festivals and concerts is a big part of your vacation plans, it can be…
European Central Bank surprises markets with larger-than-expected rate hike, its first in 11 years
The European Central Bank is increasing interest rates for the first time in 11 years. But in Italy, political turmoil…
The race to replace Boris Johnson is wide open, and laying bare divisions in the Conservative Party
LONDON — The U.K.’s ruling Conservative Party has begun its race to find its next leader, and the country’s next…
Twitter shares sink 7% in premarket trading after Elon Musk terminates $44 billion deal
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the…
Switzerland surprised markets with a rate hike. But Japan could cause a much more violent reaction
Japan’s national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan. Tomohiro Ohsumi |…