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Financial News Around the World

Bank of England could be about to open the door to interest rate cuts

The Bank of England is expected to hold interest rates at 5.25% on Thursday, but markets will be closely watching voting patterns, projections and language.

Published 31 January 2024
Categorised as Finance News

Former UK finance minister joins Coinbase crypto exchange as an advisor

Coinbase said Wednesday that George Osborne, who served as Britain’s chancellor of the exchequer from 2010 to 2016, will join the company as a global advisor.

Published 31 January 2024
Categorised as Finance News

U.S.-China fentanyl talks get off to a ‘productive’ start, security advisor says

The U.S. and China had a “productive” first day of fentanyl talks, Jennifer Daskal, a deputy homeland security advisor, told NBC News’ Janis Mackey Frayer.

Published 31 January 2024
Categorised as Finance News

Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

A Delaware judge voided the $56 billion pay package Tesla gave Elon Musk, CEO of the electric automaker, after finding the company failed to show it was fair.

Published 31 January 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Microsoft, Alphabet, Starbucks, AMD and more

These are the stocks posting the largest moves after hours.

Published 30 January 2024
Categorised as Finance News

A change to this one clause could be the most important part of the Fed meeting

The central bank is expected give an important hint about interest rate moves to come by removing wording from previous statements.

Published 30 January 2024
Categorised as Finance News

Child tax credit could change — but ‘don’t wait on Congress’ to file your taxes, IRS commissioner says

The child tax credit could change for 2023 filings via the bipartisan tax bill. But taxpayers shouldn’t wait to file returns, according to the IRS.

Published 30 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: Bank of America, General Motors, UPS and more

These are the stocks posting the largest moves in midday trading.

Published 30 January 2024
Categorised as Finance News

IMF warns British government against more tax cuts

There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF’s chief economist said.

Published 30 January 2024
Categorised as Finance News

New York sues Citibank for alleged failure to reimburse fraud victims

The attorney general’s office said the alleged failure cost victims millions in dollars.

Published 30 January 2024
Categorised as Finance News

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