The Bank of England has kept interest rates on hold at 4.75 per cent, after inflation edged up in November. The Monetary ...

In 2021, the Biden administration passed the bipartisan $1.2tn Infrastructure Investment and Jobs Act. In the years since, capital has been allocated across various sectors in both red and blue states ...

Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and Malcolm Moore, with support ...

For markets, US Federal Reserve chief Jay Powell is the Grinch who stole Christmas. But the festive shakeout in bonds, ...

From 2009 to 2019, the collective cyclically-adjusted fiscal stance in the euro area averaged 0.3%, compared with -3.9% in ...

The US has unveiled new stronger greenhouse gas emissions targets in the final weeks of Joe Biden’s presidency in a bid to galvanise international and state efforts on climate change despite Donald ...

The dollar hit a two-year high and global stocks fell on Thursday after the Federal Reserve indicated it would cut interest rates more slowly next year to guard against any renewed threat of inflation ...

I made fewer mistakes this year than I do normally. I don’t think that’s because I am getting better at analysis and prediction, but because quite frankly 2024 was not a surprising year. The ...

The Houthis began firing on merchant shipping in the Red Sea and launching drones and missiles at Israel after Gaza-based ...

Spanish state-owned shipbuilder Navantia has agreed the long-awaited purchase of Harland & Wolff, rescuing the ailing Titanic ...

Dissent from hawkish member Naoki Tamura overridden by cautious language from governor Kazuo Ueda speaking after decision ...

The possibility of a conflict between the incoming Donald Trump administration’s policies and the Federal Reserve’s price stability mandate has been a topic of discussion since before the election. We ...