Stocks wrapped up the session pretty much where they started on Wednesday, as investors digested a stronger-than-expected jobs report that muddied the outlook for Federal Reserve rate cuts.
The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data.
Households should stock up on food to prepare for extreme weather as the strongest El Niño event in a generation develops over the Pacific Ocean, a government minister has warned.
Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.
Argentina's president has heightened tensions with the UK over the Falkland Islands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory.
Jobseekers are being warned to be vigilant as scammers are targeting people on job listings websites to trick them into downloading bogus interview tools.
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…
Households across the UK are being warned to brace for higher energy bills this winter as European countries scramble to replenish their natural gas stores before the weather dips.
New York – For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.
The Japanese Yen (JPY) loses some strength early Friday after rallying in the American session on Thursday, possibly fuelled by a foreign exchange market intervention by Japanese authorities. Later in the session, preli…
Hundreds of North Sea workers are still too heavy for offshore helicopter travel less than two months before new rules come into force, BBC Scotland has learned.
The London mayor has formally opposed plans for a third runway at Heathrow Airport, arguing the expansion threatens environmental targets and transport networks.
The stronger than expected export print, even as growth cooled from June's pace, suggests China's manufacturing base is still finding external demand to lean on despite a soft domestic consumption backdrop and the weake…