Nationwide's takeover of Virgin Money is hitting the headlines as thousands of customers protest that they will not get a vote on whether it should happen.
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Mortgage interest rates have fallen across a range of products in recent weeks
Zenless Zone Zero may finally have a release date if an updated listing in the Apple App Store is to be believed.
In the 1960s the birthrate in Greenland was one of the highest in the world. Then it plunged. Decades later, women have finally begun speaking out about what happenedBula Larson was 14 when one day she and her friends were told to go to the hospital. Bula lived in Greenland and was Inuit like most of the population of the island, which is an autonomous territory of Denmark. At the hospital she and her friends lined up, and one-by-one were told to enter a room. Bula recalls how she was asked to...
Federal Reserve chair Jerome Powell on Tuesday suggested that interest rate