The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With ...

The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...

Carsten Jung, head of macroeconomics and AI at IPPR, discusses DeepSeek's impact on the global artificial intelligence market ...

The chief executive of Japanese IT company NTT DATA said global standards in regulation of artificial intelligence (AI) would ...

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high ...

Gilts yields edged lower after the a consumer confidence survey showed declining confidence in the U.K., raising the possibility of more interest-rate cuts from the BOE.

Since that time, many other businesses, large and small, have announced closures of their own with the latest being Thermal ...

Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...

The UK economy showed a modest rebound in November, with GDP increasing by 0.1% from October, according to the Office for ...

Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

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