By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to…
UK considers cutting tax-free dividend allowance, increasing capital gains tax -media
LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov.…
Wall St down for fourth straight day on Fed rate hike worry
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…