Bank of England presses pause on rate cuts, highlights ‘gradual approach’

Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank’s Monetary Policy Committee’s interest rate decision is…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at a pivotal moment for the central bank. At his news…

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two weeks, and indicated he’d be open to…

Newsletter | US Federal Reserve cuts rates; Key features of Apple’s iOS 18; Personal Finance & more

From US Federal Reserve cutting rates by 50 bps to the key features of Apple’s iOS 18 — Here are the top 11 news stories across business, global events, tech,…

Wall Street today: US stocks edge higher after Micron’s upbeat forecast on robust AI demand

US stocks edged higher on Thursday as Micron’s upbeat forecast revived the frenzy around artificial intelligence. At the opening bell, the Dow Jones Industrial Average rose 198.7 points, or 0.47%,…

Wall Street today: US stocks subdued as investors eye further economic data

US stock indices were subdued on Wednesday, as investors were awaiting further data on the state of the economy. The next big economic data due this week will be on…