The BoE's hesitation in delivering its second rate cut of the year is partly due to questions about how it will incorporate next month's budget statement from the new UK Labour government into its thi ...
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
Consumers in the U.K. have become significantly more pessimistic this month, pointing to weaker personal finances and ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
Some economists have linked the drop to officials' warnings of a "painful" Budget at the end of August, although it is ...
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of ...
A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on ...
Ben Gutteridge, multi-asset manager at Invesco, said if the Fed prevents a recession this would boost trades centered on ...
The British pound sterling hit multiyear highs against the dollar after the Bank of England left rates unchanged. Gold futures, which often follow the lead of foreign-exchange markets, rose 0.7% to an ...
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
Wall Street's gains followed rallies for markets across Europe and Asia after the Federal Reserve delivered the first cut to ...
When Labour last came to power after a lengthy period in opposition in 1997 there was a sense of purpose to the new ...