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3 mins read

5 interesting takeaways from Slack's survey of 17,000 desk workers about AI

Slack's survey of over 17,000 desk workers found slowing excitement for AI among employees and a la…

Jaures Yip   


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2 mins read

Volatility, higher rates, and surging bitcoin. Here's what analysts are saying about Trump's victory.

The economic impact of a second term for Donald Trump is likely to be volatile, with public spendin…

Will Martin   


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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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2 mins read

Russian forces suffered an average of over 1,500 casualties a day in October for 'tiny increments of land,' UK official says

The UK's Chief of Defence Staff also said that Russia would have to battle with an economy under se…

Rebecca Rommen   


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2 mins read

Stock market today: Indexes end mixed as traders assess rate path and brace for more earnings

Stocks wavered on Tuesday, with investors assessing this week's bond market sell-off that pushed th…

Filip De Mott   


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5 mins read

The odds of no interest-rate cuts in 2024 are growing

In today's big story, we're looking at the chances of there being no rate cuts this year, and how t…

Dan DeFrancesco   


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3 mins read

British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.

The house has previously hosted celebrities like Amy Winehouse and Kate Moss. It is on the market f…

Nathan Rennolds   


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1 min read

Pound jumps as traders lock in an interest-rate hike after UK inflation's surprise rebound

The UK's Consumer Price Index rose 10.4% last month, up from 10.1% in January and way clear of the …

George Glover   


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1 min read

Bank of England warns of longest recession in 100 yrs

A 0.75 per cent increase, the latest in a series of eight interest rate rises since last year, w…

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2 mins read

Bank of England hikes interest rates to 13-year high, with inflation set to hit 11%

Like other central banks around the world, the Bank of England is grappling with red-hot inflation …

Harry Robertson   


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2 mins read

The Bank of England hikes interest rates to 1%, the highest level since 2009

The UK's central bank, grappling with rapidly rising inflation, on Thursday raised its main interes…

Harry Robertson   


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2 mins read

Where to watch The Zone of Interest: Stream the Oscar-winning film soon

The Zone of Interest is available to stream starting next month. We'll show you where to stream it …

Lillian Brown   


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2 mins read

'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says

The US government has spent some $28 trillion since 2020, causing its debt to surge toward $33 tril…

Joseph Wilkins   


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US stock futures fall ahead of stream of earnings, with Fed comments and Russia's renewed assault on traders' minds

Bond yields rose sharply after Federal Reserve official James Bullard said the central bank shouldn…

Harry Robertson   


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2 mins read

The Bank of England just hiked interest rates in a bid to tame decade-high inflation

The move made the BoE the first major central bank to hike borrowing costs since the start of the p…

Harry Robertson   


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1 min read

The fallout from the pound's crash prompts UK banks to pull mortgage deals as they brace for interest rate hikes

UK mortgage lenders like Virgin Money and Halifax are suspending deals on anticipation the pound cr…

Zahra Tayeb   


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2 mins read

A top fund manager says stocks are going to be just fine in an era of rising interest rates — and he shares how investors can net juicy returns

Higher interest rates alone don't have to be a headwind for stocks, according to Kieran Kirwan, dir…

Shalini Nagarajan   


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2 mins read

UK inflation surges to a 10-year high of 4.2% in October, bolstering the case for Bank of England to hike rates

"Today's inflation data will reinforce the Bank of England's resolve to act," Yael  Selfin, chief e…

Reuters   


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Bank of England shocks markets with jumbo interest-rate hike, escalating its fight against sticky inflation

UK policymakers surprised markets by lifting the benchmark interest rate to 5% in a bid to bring in…

George Glover   


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2 mins read

RBI set for fourth straight rate hike to quell inflation, say experts

The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps)…

PTI