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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Cut ‘net zero’ from name of UK net zero department, MPs urge

Cross-party group says term has become ‘lightning rod for opposition to climate action’

Economy Financial Times
UK ministers look at overhauling disability assessments to cut welfare bill

Sir Stephen Timms is drawing up plans for reform of personal independence payments

Economy Financial Times
Breast cancer drug approved after UK pharma deal with Trump

Medicine previously rejected by watchdog in England on cost grounds will now be available to about 1,000 women a year

Economy Bloomberg
Stocks Rally and Treasuries Rise as Oil Retreats: Markets Wrap

US stocks rallied alongside Treasuries as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal …

Economy Bloomberg
Highlights From Fed Chairman Warsh’s News Conference

Federal Reserve Chairman Kevin Warsh speaks after the central bank's decision to raise interest rates by 25 basis points. Here are some of the key …

Economy Bloomberg
'Direct Indexing' to Diversity Portfolios

Manju Boraiah, Senior PM and Head of Systematic Fixed Income at Allspring Global Investment, reacts to Wednesday's Fed rate decision saying fundamentally, 'we needed the …

Economy Bloomberg
Brown Harris Stevens CEO: We Need More Housing in Market

Bess Freedman, CEO of Brown Harris Stevens, discusses a growing divide between affluent buyers and everyone else in the housing market. In response to a …

Economy Bloomberg
AI Buildout Hits Inflation as Fed Hikes Rates

Stephanie Aliaga, Global Market Strategist at JPM Asset Management, reacts to Fed Chair Warsh's remarks after raising interest rates. She argues that while oil prices …

Economy Bloomberg
Calpers CEO Notches $1 Milllion Bonus As Returns Beat Target

California Public Employees’ Retirement System voted Wednesday to give its chief executive officer a $1.1 million bonus and a salary bump, even as state workers …

Economy Financial Times
Trump calls for rates to be 1% or less after Fed tightens …

President urges policymakers to act for the sake of the country as rate-setters lift borrowing costs for first time since 2023

Economy Financial Times
Healey prepares UK for ‘really challenging’ Budget

Chancellor’s allies say wars in the Middle East and Ukraine are having a ‘significant impact on the economy’

Economy Financial Times
Federal Reserve raises fed funds rate with likely more to come

Its decision was accompanied by new inflation and interest rate forecasts showing that most policymakers expect one more tightening this year

Economy Financial Times
Trump oil ally Harold Hamm to invest in Venezuela

Move by Continental Resources marks latest foray by a western oil producer into the country after US military seized president Nicolás Maduro

Economy Bloomberg
Bond Traders Signal Warsh Credibility Growing in Inflation Fight

The bond market is signaling growing confidence that Federal Reserve Chairman Kevin Warsh will act on his vow to tame inflation, which has exceeded policymakers’ …

Economy Bloomberg
Impulse Space Raises $308 Million in Latest Funding Round

Impulse Space has raised $308 million in it latest funding round. The money will be used to develop the company's spacecraft products. Tom Mueller, founder …

Economy Bloomberg
United, American Say Fuel-Cost Surge May Require Capacity Cuts

United Airlines Holdings Inc. and American Airlines Group Inc. said they may need to cut more capacity in the fourth quarter as the aviation industry …

Economy Bloomberg
Aggressive Rate Hike Bets Raise Stakes for Fed

The Federal Reserve is expected to lift interest rates today for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently …

Economy Financial Times
UK inflation rose to 3.1% in August

Figure worsens squeeze on households ahead of BoE meeting

Economy Financial Times
The EU should not increase resilience at the expense of trusted partners

Its Industrial Accelerator Act would threaten supply chain connections with the likes of Japan

Economy Financial Times
Wave of murders spreads fear in Johannesburg

Deaths of eight women have led to a backlash against government’s response to endemic violence

Economy Financial Times
Salary stand-off delays abolition of NHS quango

Health service leaders are urging ministers to set up a temporary body to resolve deadlock

Economy Financial Times
Chinese oil prices hit record highs after attacks on Saudi pipeline

Beijing has cushioned global impact of Iran war by drawing down stocks but is now ‘coming off its crash diet’

Economy Bloomberg
Russian Oil Uncertainty Hangs Over India’s Largest Buyers

Indian state-owned refiners are facing the most significant supply uncertainty in months, according to people with direct knowledge of the trade, as the impact of …

Economy Bloomberg
Ed Yardeni Cuts S&P 500 View to 7,900 on Downturn Risks

Ed Yardeni, one of the biggest stock bulls on Wall Street, is slashing his year-end forecast for the S&P 500 Index a month after raising …

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