News

The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase.

One of the few detailed stimulus plans Beijing has announced this year extends tax breaks for electric car purchases, according to documents released Wednesday.

Ripple said it received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore, the country's central bank.

Powell was snapped June 3 at a Dead & Company show in Bristow, Virginia.

These are the stocks posting the largest moves in midday trading.

The price of bitcoin jumped 10% to $29,405.22, the highest point since May 6, according to CoinGecko data, extending gains from earlier in the day.

Federal Reserve Chairman Jerome Powell speaks Wednesday to the House Financial Services Committee.

Voicemod, which is based in Valencia, on Wednesday released 20 humanlike characters, ranging from a 20-something woman to an elderly man.

Noting that inflation has cooled but "remains well above" the Fed's 2% target, Powell said the central bank still has more work to do.

Consumers tend to rely on the first number they see to guide future decisions. That has implications for shopping, savings and other aspects of finance.

These are the stocks posting the largest moves in premarket trading.

European businesses in China are finding it harder to operate in the country, even after it has re-opened from Covid, the EU Chamber of Commerce in China said.