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The Bank of England has lowered its benchmark interest rate from 4% to 3.75%, taking borrowing costs to their lowest level in nearly three...
Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would...
Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve...
Federal Reserve Chair Jerome Powell has raised alarm over President Donald Trump’s sweeping new tariffs, warning that the economic impact could be more severe...
Wall Street faced another brutal selloff on Friday, with major US stock indexes suffering their worst two-day decline since the pandemic era, as China...
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under...
The US dollar index (DXY) tumbled more than 2% on Thursday to 101.41, its sharpest single-day decline in more than two years. The drop...
Australian beef farmers, traders, and industry groups announced on Thursday that they intend to pass on the additional costs incurred from US tariffs directly...
Canada slipped into a trade deficit in February, despite exports and imports holding record levels. Statistics Canada’s most recent report, released on Thursday, revealed...
US stocks suffered a sharp selloff on Thursday as President Donald Trump’s latest round of tariffs raised fears of a global trade war and...
JPMorgan’s chief global economist has issued a stark warning about the potential consequences of President Donald Trump’s aggressive tariff policy, predicting that “There will...
The S&P 500 index crashed by almost 5% on Thursday as the market reacted to Donald Trump’s tariffs on imported goods. It plunged to...
The Zimbabwean ZiG currency has lost momentum this year, even as the price of gold has surged to a record high, boosting its assets....