The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate ...

Breaking down the latest Wall Street news, including the Bank of England's rate cut, US economic data, M&A activity, IPOs, and debt news. August 2, 2024.

The Bank of England cut its key interest rate Thursday, a response to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats. The BOE cut rates ...

Wall Street moved higher on Thursday, looking to build on Wednesday's gains thanks to reassuring signals from Federal Reserve chair Jerome Powell after the central bank held interest rates steady. The ...

London's FTSE 100 dipped slightly following the Bank of England's interest rate cut, while US markets surged on news of a UK-US trade deal. Trade policy dominated market attention on both sides of ...

If the Bank of England raised interest rates, he surmised, ... The Wall Street Journal reported in 2013. With Mr. Bessent at the helm, ...

On Wall Street, the S&P 500 rose 95.38 points to 5,713.64. The Dow jumped 522.09 to 42,025.19, and the Nasdaq composite leaped 440.68 to 18,013.98. In stock markets aboard, indexes climbed even ...