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Bank of England narrowly votes to cut interest rates to 4% as balancing act continues
The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.
The Lucky Continent？
While European equity markets ended the day on a slight positive note, the US market could not hold
Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running
U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box."
US Services Surveys Plunge... And Soar In July As Prices Paid Spike
Following the significant weakness exhibited by the Manufacturing surveys (and worsening 'hard' data
US Trade Deficit Shrinks To 2-Year Lows
The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back
BP makes biggest find in 25 years as it refocuses on fossil fuels
The announcement comes as the UK-based energy giant refocuses its business on fossil fuels.
Key Events This Week: ISM, Trade Balance And More Earnings
Last week was by far the busiest of the year, with a perfect storm confluence of macro, earnings and
Think Uncle Sam Owes $37 Trillion？ It's Far Worse Than That
When asked how far the US government has plunged into the red, many fiscally-conscious Americans wil
The Untold Story In Today's Jobs Report: The Unprecedented Purge Of Illegal Alien Workers
Any way you cut it, today's jobs report was ugly. Starting at the top, where the July print of just
Euro zone inflation holds steady at higher-than-expected 2% in July
Economists polled by Reuters had expected the figure to hit 1.9%.
Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods
All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.
Amazon's cloud business records 18% growth in second quarter
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
Coinbase says it's launching tokenized stocks, predictions markets for U.S. users in coming months
The expansion puts Coinbase in even closer competition with Robinhood, Gemini and Kraken, all of whom have tokenized equity offerings for users outside the U.S.
Reddit shares jump more than 10% on second-quarter sales and guidance beat
Reddit reported second-quarter earnings on Thursday that beat on sales and guidance.
Reddit shares jump as much as 15% on second-quarter sales and guidance beat
Reddit reported second-quarter earnings on Thursday that beat on sales and guidance.
German inflation dips to cooler-than-expected 1.8% in July
Economists polled by Reuters had expected inflation to ease to 1.9%.
SEC debuts ‘Project Crypto' to bring U.S. financial markets ’on chain'
The Securities and Exchange Commission on Thursday debuted “Project Crypto,” a plan to modernize securities regulations to allow crypto-based…
Figma more than triples in NYSE debut after selling shares at $33
Fast-growing Figma’s internet software has over 13 million users, and the customer list includes Google, Microsoft and Netflix.
Apple reports biggest revenue growth since December 2021
Apple CEO Tim Cook said that Apple would “significantly grow” its AI investments, adding that the company is “open to M&A that…
Apple reports third-quarter earnings after the bell
The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in September.