Bank of England Decides on Interest Rate Cut to 4%...
The Bank of England votes to cut interest rates to 4% amid economic challenges.
Economy
Stay informed on global and national economic trends, including inflation, interest rates, and key policy shifts.
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Imposter Scams Cost Older Adults $700 Million in 2024, FTC...
Older adults lost $700 million to imposter scams in 2024, FTC reveals.
Prediction Markets Favor Christopher Waller as Next Fed Chair
Christopher Waller emerges as the leading candidate for Fed chair in prediction markets.
Berkshire Hathaway’s Operating Earnings Decline 4% Amid Tariff Concerns
Berkshire Hathaway reports a 4% drop in Q2 operating earnings as tariff impacts loom.
Logitech Advances in Shifting Production from China, CEO Reports
Logitech is progressing in relocating production from China to mitigate U.S. tariffs.
Fed Maintains Interest Rates Amid Trump’s Calls for Cuts
The Federal Reserve is set to keep interest rates steady despite President Trump's push for reductions.
Macron Criticizes EU-US Trade Deal as Initial Step
French President Macron critiques EU-US trade deal as insufficient, urges further negotiations.
Trump Announces 25% Tariff on Indian Imports Starting August 1
U.S. to impose 25% tariff on Indian goods from Aug 1, says Trump.
Dow Lags as S&P 500 Achieves Consecutive Records
The S&P 500 continues to set new records, leaving the Dow behind in performance.
Indexes Decline as Israel-Iran Tensions Heighten Investor Concerns
U.S. stocks fell as the Israel-Iran conflict continued, raising investor anxiety.