Bank of England Governor Andrew Bailey attends the central bank’s Monetary Policy Report press conference at the Bank of England, in the City of London, on May 8, 2025. Carlos Jasso | Afp | Getty Images Bank of England policymakers must contend with the “most difficult combination” of economic effects, according to governor Andrew Bailey,…
Locked in a standoff with Iran that will break only when economic pain is no longer tolerable, President Donald Trump may have to maintain his naval blockade against Iran for weeks — forcing serious economic consequences on the world. Trump said Wednesday that he will keep the U.S. blockade against Iran in place until it…
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Nathan Howard | Getty Images Alphabet‘s stock surged more than 5% on Thursday, while Meta shares plunged 10%, as investors digested first-quarter earnings results, which included plans to up…
Representative Steve Scalise, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty Images House Majority Leader Steve Scalise said Thursday that Republicans could still win a majority in the 2026 midterm elections despite the party’s intense headwinds…
What you need to know Elon Musk will take the stand for the third time on Thursday. Jared Birchall, who manages Musk’s family office and is an executive at xAI and Neuralink, is also set to testify Thursday. Musk and OpenAI lawyer William Savitt sparred on Wednesday in a cross-examination that was heated. Musk said…
European Union flags flutter on the day European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council’s monetary policy meeting in Frankfurt, Germany September 12, 2024. Jana Rodenbusch | Reuters The European Central Bank kept interest rates on hold at its April meeting, despite a surge in inflation in the euro…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters Gemini Space Station won approval from the U.S. Commodity Futures Trading Commission to operate its own regulated derivatives clearinghouse, a move that gives the crypto exchange a deeper…
There is always baseball happening — almost too much baseball for one person to follow themselves. Don’t worry, we’re here to help you by figuring out what you missed but shouldn’t have. Here are all the best moments from last night in Major League Baseball: Postseason hero Yesavage returns It might be hard to believe,…
Saba Capital, the activist hedge fund led by Boaz Weinstein, has won a dramatic victory in its long-running campaign against the board of Edinburgh Worldwide Investment Trust. Shareholders in Edinburgh Worldwide voted Thursday for Saba Capital’s plan to oust EWIT chair Jonathan Simpson-Dent — and five other board members — and to install three Saba-backed…
Gas prices are displayed at a station in Brooklyn on April 21, 2026 in New York City. Spencer Platt | Getty Images Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve. The core personal consumption expenditures price index, which excludes…
