US Ryder Cup team: Brooks Koepka in but Johnson, DeChambeau and Reed snubbed August 29, 2023 US Ryder Cup captain Zach Johnson has named LIV Golf rebel Brooks Koepka in his team for next month’s contest against Europe in Rome. Koepka is one of Johnson’s six wild cards for the match, along with Justin Thomas, Jordan Spieth, Collin Morikawa, Sam Burns and Rickie Fowler. They join previously confirmed automatic qualifiers Scottie [...]
Only one in five think the Bank of England is doing a good job – but they still trust it more than politicians August 29, 2023 Just 18 per cent of the public think the Bank of England are doing a good job, but a majority still think politicians should not be given control of monetary policy.
Rory McIlroy harnessing pain of Whistling Straits in search of Ryder Cup revenge August 28, 2023 Rory McIlroy insists he is determined to harness the pain of Europe’s record defeat at Whistling Straits to regain the Ryder Cup next month in Rome. World No2 McIlroy is one of three European players to have guaranteed their place at the biennial contest against the USA, along with Masters winner Jon Rahm and new [...]
Wall Street climbs to clinch its first winning week in a month August 26, 2023 Stocks rose on Friday to send Wall Street to its first winning week since July after the head of the Federal Reserve said it will “proceed carefully” as it decides what to do with interest rates. The S&P 500 climbed 29.40, or 0.7 per cent , to 4,405.71 after flipping between small gains and losses [...]
Explained: How Tour Championship format works and FedEx Cup prize money is shared August 26, 2023 This weekend’s finale to the PGA Tour promises to answer a host of questions, but the most pressing for casual golf fans may surround the unusual mechanics of the Tour Championship format and the way that $75m of FedEx Cup prize money is carved up. From a sporting point of view, the most intriguing storylines [...]
Rate hike chances rise modestly after Fed’s Jerome Powell speech August 25, 2023 Interest rate futures tied to the Federal Reserve’s policy rate slightly increased the chances of tightening by the U.S. central banks at both the November and December policy meetings after Chair Jerome Powell’s speech. The Fed is widely expected to hold rates steady at the Sept. 19-20meeting. Powell said on Friday Fed policymakers would “proceed [...]
FTSE 100 close: London ends week marginally up after Powell Fed speech indicates caution August 25, 2023 London’s FTSE 100 is ended the week in subdued fashion, marginally up around a crunch speech across the pond by Fed chair Jerome Powell. The capital’s premier bluechip index closed on 7,337.38 points Friday morning, up around 0.05 per cent, while the FTSE 250, which is more aligned to the domestic market, finished down 0.3 [...]
Wall Street wilts as yields rise ahead of speech by Federal Reserve chief Powell August 25, 2023 Wall Street has slumped despite a blowout profit report from Nvidia, following some mixed reports on the US economy. The S&P 500 dropped 1.3 per cent for its worst loss in three weeks. It nearly wiped out its gain for the week, which had been a bright spot in what has been a rough August. [...]
Sam Torrance: Viktor Hovland hitting new heights is a Ryder Cup boost for Europe August 22, 2023 Viktor Hovland was nothing short of magnificent in beating a stacked field to win the BMW Championship on Sunday – and that’s more great news for Europe ahead of the Ryder Cup next month in Italy. The Norwegian had to be at the top of his game to leapfrog in-form overnight leaders Scottie Scheffler and [...]
‘Clouds are lifting’: UBS looks back to the stock market as recession risks recede August 21, 2023 The “clouds have started to lift” on the global economy and investors are beginning to warm to the idea of backing stocks again, according to a UBS executive.