By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic…
Bank of England’s Mann says inflation drivers still strong
LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Top Republican senator says Fed should not buy bonds to remedy market stress
By Michael S. Derby (Reuters) – A top Republican senator wrote to the Federal Reserve on Thursday and cautioned the…
World equities fall, U.S. Treasury yields rise after hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish…
U.S. holiday sales to slow as inflation tests consumer resilience -report
By Deborah Mary Sophia (Reuters) -U.S. holiday sales are expected to rise at a slower pace this year, a trade…
UK’s Lloyds Bank offers staff 2,000 pounds minimum pay rise
By Iain Withers LONDON (Reuters) -Britain’s biggest domestic bank Lloyds has offered UK staff a minimum 2,000 pounds ($2,242) pay…
Traders scramble for protection after Fed spooks markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors rushed to guard against further declines in U.S. stocks on Thursday,…
Investors trim bets for peak Bank of England rate
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of…
Bank of England raises rates by most since 1989 even as long recession looms
By David Milliken and Andy Bruce LONDON (Reuters) – The Bank of England raised interest rates by the most since…
Agency powers under threat in U.S. Supreme Court FTC and SEC cases
By Diane Bartz WASHINGTON (Reuters) – Two cases that give the U.S. Supreme Court’s conservative majority another opportunity to restrain…