Fed holds interest rates for eighth straight but signals cuts are coming July 31, 2024 The Fed voted to leave interest rates on hold for the eighth consecutive meeting and did not give any clear sign that rate cuts were on the way.
How our family’s passion for eco-friendly cleaning turned into a multimillion-pound business July 30, 2024 Have you ever wondered what the counter cleaning spray that you find on your local supermarket shelf is made of?
Crucial US inflation data rises slightly faster than expected as Fed ponders next rate move July 26, 2024 A crucial piece of US inflation data came in slightly hotter than expected last month as the Federal Reserve considers when to start cutting interest rates. Figures out today showed the core personal consumption expenditures (PCE) price index, which is the Fed’s preferred gauge of inflation, remained stuck at 2.6 per cent in June. This [...]
US GDP sails past expectations again on back of strong consumer spending July 25, 2024 The world’s largest economy breezed past economists’ expectations yet again as consumer spending picked up more than anticipated. According to new ‘flash’ figures published on Thursday, US GDP grew at an annualised rate of 2.8 per cent between April and June. Economists had expected GDP to grow 2.0 per cent. This was a substantial acceleration [...]
Bullish analysts think sterling’s rally will continue despite chance of interest rate cuts July 23, 2024 Sterling has been one of the strongest performing currencies this year on the back of sticky inflation and stronger than expected growth.
FTSE 100 today: Blue-chip set to rise ahead of key earnings reports July 22, 2024 Asian stocks fell as Joe Biden exited the election race, China cut rates. Focus on earnings reports from major tech and banking firms.
FTSE 100 today: London markets poised to open higher as UK job creation likely slows July 18, 2024 Asian stocks fell amid rising US-China trade tensions. Investors now await UK employment data, the ECB decision and AJ Bell's earnings.
FTSE 100 today: Blue-chip to rise on sub-two per cent inflation, boosting rate cut bets July 17, 2024 Asian stocks rise amid Fed rate cut hopes, gold extends rally; investors focus on upcoming UK and Euro area CPI reports.
Ocado: Shares in M&S-linked grocer tumble after being labeled ‘underperforming’ July 15, 2024 Shares in M&S-linked grocer Ocado have tumbled after being branded as 'underperforming' only a few weeks after being demoted from the FTSE 100.
The Notebook: Want a good night’s sleep? Forget sheep, count your piggy banks July 15, 2024 Susannah Streeter takes the notebook pen to talk retail investors, the travel market and how to get a good night's sleep.