Since regaining the Oval Office in early 2025, President Donald Trump has repeatedly called for lower interest rates1 and severely criticized former Federal Reserve Board Chair Jerome Powell’s cautious approach to inter…
People on hold to HMRC for more than 30 minutes would get a tax credit under plans announced by Robert Jenrick.
The BoJ is expected to resume policy normalisation at its meeting next week, with money markets pricing an 89% chance that the central bank will raise its short-term policy rate by 25bps to 1.00%, and an 11% probability…
The deal has been reached during a California federal court trial over claims brought by US states.
Borealis Foods (Nasdaq: BRLS) reported a 110% year-over-year increase in U.S. K–12 school foodservice revenue, driven by ongoing national expansion. The company now reaches more than 20,000 schools across approximately …
Energy prices for millions of households will rise to the highest level for three years, under regulator Ofgem's price cap.
Famed investor Stanley Druckenmiller published a Wall Street Journal opinion piece (Let The Bond Market Speak) on Monday, in which he warns Treasury Secretary Bessent about long-dated bond buybacks. His core thesis seem…
Greater Thameslink Railway says these upgrades are part of the wider renationalisation plans.
Energy bills may have been a long way from our minds through the sweltering summer.
Oil prices staged their sharpest single-session drop in weeks on Monday after Washington and Tehran paused military strikes over the weekend, but the relief was clouded almost immediately: Houthi forces struck the Saudi…
Homeowners hoping the Reserve Bank would continue to deliver one rate cut after another have been dealt a brutal wake-up call, with experts warning a 2026 rate hike is no longer a remote possibility.
[HONG KONG] ByteDance, the developer of TikTok, is in preliminary talks with banks for a borrowing of about US$20 billion, sources familiar with the matter said, in what would be the firm’s largest offshore loan yet at …
Artificial intelligence stocks maintain their allure, thanks to industry momentum and appealing valuations.
The country's biggest ever car recall affects more than four million vehicles made by Tesla, XPeng, Xiaomi and other firms.
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
Multi-billionaire Elon Musk's rocket company SpaceX has announced that it will build its largest launch site yet in the southern US state of Louisiana.
Companies that once filled warehouses with computers to earn Bitcoin - a process known as mining - are now using that computing power for AI.
A massive power failure caused widespread chaos. People dug out lanterns and old radios, and companies scrambled to save what production they could.
Back to school can stir up many emotions for parents, including anxiety about the extra costs it brings.
Energy bills for millions of households are expected to rise this winter to the highest level for three years, under a price cap to be announced by the industry regulator on Wednesday.
High home prices and elevated mortgage interest rates are keeping some buyers on the sidelines.
The US has said "the single greatest financial offensive ever" will help it and Israel end their ongoing war with Iran.
The late owner of streaming platform OnlyFans was paid more than $700m (£513m) in dividends before his death from cancer earlier this year.
The Treasury General Account (TGA) is Treasury’s cash balance held at the Federal Reserve. Its balance is the net of cash inflows like tax receipts and outflows to pay the government’s bills. On Monday, we learned that …