Fed's Powell: High Interest Rates to Persist in Inflation Fight
Federal Reserve Chair Jerome Powell signals prolonged elevated interest rates at Jackson Hole symposium, sending shockwaves through global markets as inflation battle continues.
Category : Markets
Fed Holds Rates, Signals Just One Cut in 2024
Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.
Asia Shares Fall as Powell's Jackson Hole Speech Looms
Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a
Trump Administration Plots to Curb Fed Independence
Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.
Powell's Jackson Hole Warning Sparks Global Market Rout
Federal Reserve Chair Jerome Powell signals prolonged high interest rates at Jackson Hole, triggering sharp sell-offs in US and Asian markets as inflation fight continues.
Trump's £1.5bn Truth Social windfall blocked by SEC
Donald Trump faces a major financial setback as a key regulatory decision prevents him from selling his shares in Truth Social's parent company, potentially blocking access to his £1.5 billion stake.
Reeves scraps VAT exemption for private schools
New Chancellor Rachel Reeves makes her opening move by ending VAT exemption for private schools, a key Labour pledge to fund state education. The Treasury confirms the change will proceed despite sector warnings.
UK Private Sector Growth Hits Nine-Month High
In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi
AI Investment Bubble Fears Spark Tech Stock Market Sell-Off
A stark new report sends shockwaves through the tech sector, warning that the multi-billion pound AI investment boom could be a bubble destined to burst, resulting in catastrophic losses for investors as major stocks tumble.
State Pension Tax Trap: Thousands Owe HMRC
A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.
Nvidia Tops Microsoft as World's Most Valuable Company
Nvidia has dethroned Microsoft to become the world's most valuable public company, its staggering market surge fuelled by the artificial intelligence boom. The seismic shift caps a remarkable period for the chipmaker, whose technology powers the AI revolu
Sept 2025 Benefit Payment Dates Revealed
Essential guide to when DWP benefits including Universal Credit, State Pension, and PIP will be paid in September 2025. Plan your finances around the bank holiday disruption.
State Pension Age Could Rise to 69 in UK Shake-Up
Exclusive: The UK state pension age could be raised to 69 sooner than expected, forcing a 'work till you drop' reality for millions in their 40s and 50s. We reveal the secret government review and what it means for you.
Check Your Old £20 Notes For This Error - It's Worth £300
Brits are being urged to check their old paper £20 notes for a rare misprint that could turn them into a small fortune. A tiny printing error on notes featuring economist Adam Smith is sending their value soaring to hundreds of pounds.
Reeves Rules Out VAT on Private School Fees
In a significant pre-election promise, Chancellor Rachel Reeves has explicitly committed to not extending VAT to private school fees, offering certainty to families and the education sector.
Bradford & Bingley Merges with Cheshire Building Society
Exclusive: The historic merger between Bradford & Bingley and Cheshire Building Society is complete, creating a financial powerhouse. We analyse the deal's impact on members, the property market, and the future of UK mutuals.
Nvidia's $500bn Crash Triggers Global Market Sell-Off
Nvidia's historic $500 billion market crash triggers global stock sell-off as Asian markets tumble and Wall Street braces for impact. Powell's testimony and geopolitical tensions add to the turmoil.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
The Guardian's Latest Corrections & Clarifications
A transparent look at The Guardian's recent corrections, from political misstatements to financial market clarifications, upholding the highest standards of journalistic accuracy.
Home Depot warns of UK price hikes under Trump tariffs
Home Depot's CEO sounds the alarm on potential price increases for British consumers if Donald Trump reinstates import tariffs, reigniting fears of a transatlantic trade war.
£210M EuroMillions Jackpot Drawn Tonight!
A colossal £210 million EuroMillions jackpot is up for grabs tonight, Tuesday, July 16th. We reveal the draw time, how to play, and the life-changing numbers you need to know. Don't miss your chance to become the UK's newest multi-millionaire!
Home Depot Warns of Price Hikes Due to Trump Tariffs
Home Depot, the US retail giant, signals price increases on a range of products from tools to building materials, directly blaming the return of Trump-era import tariffs. This move could impact UK consumers and the broader DIY market.
UK's Biggest £200m EuroMillions Jackpot Won!
A single UK ticket-holder has made history by winning the entire £200 million EuroMillions jackpot, the largest prize ever offered in British lottery history. The life-changing draw results are in.
Trump's Finance Guru Tipped for Shock Fed Chair Role
Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.
Shein Mulls Hong Kong Return as London IPO Stalls
Exclusive: The fast-fashion behemoth Shein is reportedly considering abandoning its stalled London IPO in a dramatic strategic U-turn, with a Hong Kong listing now back on the table. The move signals major hurdles for its UK ambitions.
Six Rare 50p Coins That Could Make You Rich
A rare coin expert reveals the six most valuable 50p pieces hiding in your change, with one fetching an astonishing £1,200 on the collector's market. Discover if you're sitting on a small treasure trove.
Wall Street rallies on Powell's rate cut signals
Wall Street rallies after Fed Chair Jerome Powell hints at future rate cuts, sparking optimism in global markets. Intel shares and Asian indices show mixed reactions.
POPS stock surges 7,200%, turns £14k into £1m instantly
A little-known Australian stock, POPS, skyrocketed 7,200% in moments, turning a modest £14,000 investment into a staggering £1 million. Discover how this overnight sensation stunned traders.
UK's biggest EuroMillions winner claims £184M
A single UK ticket holder has scooped the record-breaking £184 million EuroMillions jackpot, becoming Britain's biggest lottery winner ever. Discover the life-changing moment and what's next for the lucky winner.
Powell warns of economic risks from Ukraine war and inflation
Federal Reserve Chair Jerome Powell highlights economic uncertainties from Ukraine conflict and rising inflation, as global markets react nervously.
Page 20 of 28