Moody's Investors Service cut its forecast for the U.K. economy, saying the country's economic and fiscal outlook have weakened due to the euro-zone crisis.
BING NEWS:
- White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November
The creation of 175,000 jobs in April by US employers has been termed a “Goldilocks” report by leading economists: Creating enough jobs to keep the labor market humming along healthily, but slowing ...
05/3/2024 - 7:40 am | View Link - European shares end higher on tech support; banks slide
By Ankika Biswas and Johann M Cherian (Reuters) -European shares notched its biggest one-day gain since a week ago on Friday, driven by gains in the technology sector, while banks ...
05/3/2024 - 5:15 am | View Link - Bank of England readies its rates steer as investors cool on cuts
LONDON, May 1 (Reuters) - The Bank of England must decide next week whether to update its message about when it might cut interest rates for the first time in four years, a move which could yet prove ...
05/1/2024 - 5:59 pm | View Link - Fed officials vote to hold interest rates steady at 23-year-high
The Fed's benchmark funds rate has an impact on the cost of mortgages, loans and credit cards plus affect the stock market.
05/1/2024 - 12:18 pm | View Link - Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore ...
05/1/2024 - 10:23 am | View Link - More
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