Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank’s latest monetary policy decision.
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Bank of England hikes rates by 25 basis points, no longer sees recession
The Bank of England on Thursday hiked interest rates by 25 basis points and upgraded its projections for the U.K. economy.
Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate.
Polestar to cut 10% of workforce as delays push upcoming SUV to 2024
The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.
Disney’s streaming losses improve even as subscriber numbers decline
Disney is also in the process of laying off thousands of employees under CEO Bob Iger’s restructuring plan.
Shares of Unity pop on revenue beat, rosy forecast
Shares of Unity pop on revenue beat, rosy forecast
Apple versus the world: The iPhone maker is bigger than almost any stock market in the world
Stocks making the biggest moves before the bell: Rivian, Airbnb, Twilio, Dutch Bros and more
These are the stocks posting the largest moves in premarket trading.
Why missing one $2 expense could derail your whole national park trip
Some of the most popular U.S. national parks have instituted advance reservations to access popular hikes and roads — even the park itself.
Bank of England set for 12th straight interest rate hike, but the outlook remains murky
The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as inflation continues to run hot.