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Category : Markets
Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
Rare 50p coin discovered in change could fetch £50,000
A rare 2009 Kew Gardens 50p coin, discovered in everyday change, is set to fetch up to £50,000 at auction, stunning its finder and captivating coin collectors nationwide.
Bank CEO Warns of Appalachian Economic Disaster
Huntington Bancshares CEO Brad Smith sounds the alarm on the economic crisis unfolding in Appalachia, calling for urgent investment and national attention to reverse the region's decline.
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Bank of America Vet Scott Bessent Advises UK Chancellor
Exclusive: Chancellor Rachel Reeves enlists Scott Bessent, a key figure from Bank of America and Soros Fund Management, for a high-level advisory role on UK investment and economic growth, signalling a pro-business approach for the new government.
Trump Vows to Fire Fed's Lisa Cook if Re-Elected
Former President Donald Trump has pledged to fire Federal Reserve Governor Lisa Cook 'on Day One' of a potential second term, signalling an unprecedented assault on the US central bank's political independence and sending shockwaves through financial mark
Tesla Shares Crash After Musk's $56bn Pay Deal Rejected
Tesla faces a staggering $50bn market valuation loss as shareholders reject Elon Musk's colossal $56bn pay package, triggering a dramatic share price collapse and raising serious corporate governance concerns.
Tesla Stock Tumbles as Musk's AI Plans Spark Investor Fury
Tesla shares plummet as Elon Musk's aggressive pivot to AI and robotics sparks a massive investor sell-off, wiping billions from the company's valuation and raising serious questions about its future direction.
Trump's Truth Social Stock Plummets in Market Carnage
Shares in Donald Trump's Truth Social parent company, DJT, have nosedived, erasing billions from its market value and raising serious questions about its long-term viability.
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Rare Kew Gardens 50p Coin Sells For £285 On eBay
A rare Kew Gardens 50p coin has sold for a staggering £285 on eBay. Discover why this specific coin is so valuable and how to check your spare change for a hidden fortune.
Royal Mint to Produce Official Monopoly Currency
The Royal Mint partners with Hasbro to create legal tender Monopoly-themed coins and banknotes, phasing out the classic paper money in a historic move for the iconic board game.
Fed Governor Lisa Cook's Home Targeted in Security Breach
US Federal Reserve Governor Lisa Cook's Maryland home was the scene of a major security incident, prompting a swift response from law enforcement. Details emerge of the alarming breach.
Thames Water paid £1m+ to firm part-owned by Starmer adviser
Exclusive: Troubled utility giant Thames Water paid over £1 million to a corporate intelligence firm co-owned by a key adviser to Keir Starmer, raising serious questions about conflicts of interest and corporate governance.
AstraZeneca Pauses £500m Cambridge HQ Investment
Pharmaceutical giant AstraZeneca has paused plans for its new £500 million global headquarters in Cambridge, citing an 'unfavourable' UK economic climate and sending shockwaves through the business community.
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France Credit Rating Downgraded by Fitch Amid Debt Crisis
Credit agency Fitch downgrades France's sovereign rating to 'AA-' with a negative outlook, citing political instability, rising debt, and economic uncertainty under President Macron's government.
Reeves: Russia's Sanction-Hit Economy is a "Failure"
Shadow Chancellor Rachel Reeves delivers a scathing critique of Russia's economic collapse under sanctions, contrasting it with the UK's resilience and outlining Labour's plan for economic security.
Revenge Savings: The New UK Money Trend Empowering Brits
Discover 'Revenge Savings', the post-pandemic financial phenomenon where Brits are shunning frivolous spending and building formidable savings pots instead. We explore the psychology behind the trend and its impact on the UK economy.
ITV closes Good Morning Britain canteen in budget cuts
Exclusive: ITV has sparked internal fury after closing the flagship Good Morning Britain staff canteen in drastic budget cuts. Presenters and crew are now forced to bring packed lunches as the broadcaster slashes costs.
UK seizes £1.4bn in dirty money crackdown
Exclusive: British authorities have confiscated a record £1.4 billion from criminals under new anti-money laundering powers, with hundreds of millions more frozen in ongoing operations.
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Minister panic over pension tax-free cash Budget raid
Exclusive: Treasury ministers are in panic mode over a potential Budget raid on pension tax-free cash, with experts warning it could devastate retirement plans and trigger a major political rebellion.
UK sanctions target Russian metals and diamonds
The UK government announces a new wave of sanctions aimed at crippling Russia's war economy, banning imports of Russian metals and targeting the lucrative diamond industry in coordination with G7 allies.
UK Economy Stagnates with 0.0% GDP Growth, FTSE 100 Falls
The UK economy showed zero growth in April 2024, causing the FTSE 100 to fall sharply. Construction and manufacturing output dropped significantly, raising concerns about the nation's economic health.
Fed Officials Warn Trump Policies Threaten US Economic Stability
Senior Federal Reserve governors have publicly challenged Donald Trump's economic agenda, warning his proposed policies could severely destabilise the US financial system and lead to dangerous political interference in central banking.
THG Shares Crash 30% on MyProtein Sales Slump
THG faces a severe stock market crash after reporting disappointing Q3 revenue, with its key MyProtein brand struggling in European markets. The company slashes its full-year profit forecast, sparking investor panic.
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Ellison Overtakes Musk as World's Second-Richest Person
Oracle co-founder Larry Ellison has surged past Elon Musk to become the world's second-richest person, as a dramatic drop in Tesla's stock price reshuffles the billionaire rankings.
Trainline shares crash 20% after Labour election win
Trainline's stock value nosedived after the Labour Party's election victory, with plans to create a new state-owned ticketing operator sending shockwaves through the transport sector.
Rachel Reeves Confronts Bond Market Crisis as UK Yields Soar
Chancellor Rachel Reeves faces a stern test as UK bond yields surge, echoing France's recent market turmoil. Can Labour's economic plan withstand the pressure from global markets?
FTSE 100 Tumbles Amid Global Tech Stock Plunge
The London Stock Exchange faced a sharp sell-off on Thursday, with the FTSE 100 dragged down by a global tech rout and disappointing corporate earnings. Key figures like Elon Musk face scrutiny.
Elon Musk Loses World's Richest Title After $13B Wipeout
Elon Musk's fortune has dramatically declined by over $13 billion in a single day as Tesla shares plummet, dethroning him from his position as the world's wealthiest person amidst a challenging market period for his companies.
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Ellison Overtakes Musk as World's Richest Person
In a dramatic financial upheaval, Oracle founder Larry Ellison has dethroned Elon Musk to become the world's wealthiest individual, according to the latest Bloomberg Billionaires Index. The shift follows a significant drop in Tesla's stock value.
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