Chinese AI developer Moonshot is conducting an internal review after researchers were able to persuade two of its popular Kimi models to tell them how to make biological weapons and carry out assassinations.
The case for another Bank of England (BoE) hike rests on energy prices, and on Thursday the government takes value-added tax (VAT) off household electricity bills. GBP/USD fell to 1.3200 on Tuesday, its lowest since lat…
The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for resolution plans submitted in October 2025. The agencies did not identify any shortcomings or deficiencies in …
As heatwaves scorched Europe this summer, workers at a US battery company noticed an uptick in demand.
Carnival Corporation approaches its September 29 fiscal Q3 earnings release with record customer deposits and robust booking levels extending into 2026. However, profitability faces headwinds from volatile fuel costs an…
St Louis Fed President Alberto Musalem crossed the wires on Tuesday, saying that central bankers needn’t make promises but should tell the public how and why the central bank makes policy decisions.
Federal Reserve Governor Michael Barr said additional rate hikes will likely be necessary to bring inflation back to the 2% target. Following last week's FOMC decision to raise the benchmark rate for the first time in t…
Chicago Federal Reserve (Fed) President Austan Goolsbee, a voter in the Federal Open Market Committee (FOMC) in 2027, said Tuesday that “the fact that we have been 5 ½ years above inflation target is playing with fire,”…
Oura has pulled its plan to sell shares in its business on the US stock market, in a move which would have valued the firm at $15bn (£11.3bn), just days after announcing it.
The US Dollar (USD) has accelerated its recovery, adding to the positive start to the week and clinching new multi-week tops, always helped by the persistent advance in US Treasury yields and unabated geopolitical conce…
Federal Reserve (Fed) Governor Michael Barr said on Tuesday that “there is a need to recalibrate policy” and that the base case is that “further policy adjustments” are likely needed.
Silver (XAG/USD) retreats on Tuesday and trades around $60.75 at the time of writing, down 0.38% on the day. The white metal comes under pressure from the sharp rise in US Treasury yields and a stronger US Dollar (USD),…
It was a significant announcement from Prime Minister Andy Burnham on his plans for the triple lock after the general election. It will reverberate well beyond the hall.
Gold prices reversed course and edged higher on Thursday after a U.S. inflation reading was largely in line with expectations, easing some concerns about imminent Federal Reserve rate hikes and pushing the dollar and…
A venue of private members club Soho House is being investigated by the local council after a former member of staff raised concerns about rats and out-of-date food allegedly being served.
For years, a household budget had a little give. A slightly higher electric bill one month could be absorbed by a slightly cheaper grocery run the next. That cushion is gone for most U.S. consumers, and the bills doing …
The US Dollar Index (DXY) extends gains on Tuesday, approaching its year-to-date high as expectations of further Federal Reserve (Fed) interest-rate hikes drive strong demand for the Greenback. At the time of writing, t…
The New York Fed Governor John Williams said that he “sees no need for urgency after September rate hike,” a dovish statement that pushed the US Dollar Index (DXY) modestly lower, though it remains positive in the day.
PM says his plan, which includes ending pensions triple lock to fund national care service, will ‘allow us to rise again’
BrewDog’s new owner has urged drinkers to give the ailing brand “a second chance” as it invests more than £50m in improving the company’s beers, pubs and working conditions.
Smart ring maker Oura Inc says it is postponing a planned initial public offering due to market “uncertainty”.
The London Police, Scotland Yard, reported that it conducted large-scale searches and arrests this morning at 24 locations in London and the counties of Essex, Hertfordshire, Suffolk, and Cambridgeshire. The operation i…
Canadian GDP growth slowed sharply in Q2, coming in weaker than expected at -1.6% on an annualized quarter-over-quarter basis, following a strong 2% gain in Q1.
U.S. President Donald Trump has agreed to ease sanctions against Russia in exchange for the release of prisoners, according to The Atlantic. The proposal was made by John Cole, the U.S. president’s envoy to Eastern Euro…