Breaking down the latest Wall Street news, including the Bank of England's rate cut, US economic data, M&A activity, IPOs, and debt news. August 2, 2024.

The Bank of England cut its key interest rate Thursday, a response to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats. The BOE cut rates ...

Wall Street moved higher on Thursday, looking to build on Wednesday's gains thanks to reassuring signals from Federal Reserve chair Jerome Powell after the central bank held interest rates steady. The ...

If the Bank of England raised interest rates, he surmised, ... The Wall Street Journal reported in 2013. With Mr. Bessent at the helm, ...

The Bank of England is considering ways to dilute the initial impact of new trading book capital rules so the UK can move ...

The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out what investors need to know.

On Wall Street, the S&P 500 rose 95.38 points to 5,713.64. The Dow jumped 522.09 to 42,025.19, and the Nasdaq composite leaped 440.68 to 18,013.98. In stock markets aboard, indexes climbed even ...

As Bank of America Corp BAC and Morgan Stanley MS prepare to report fourth-quarter earnings Thursday morning, Wall Street is watching. With both stocks riding high after a strong year, it's a ...

In 2024, bank revenues soared, sending Wall Street's bonus pools to an all-time high of $47.5 billion, according to New York State Comptroller Thomas P. DiNapoli's report.

London's FTSE 100 dipped slightly following the Bank of England's interest rate cut, while US markets surged on news of a UK-US trade deal. Trade policy dominated market attention on both sides of ...

Wall Street rallies on hopes for trade deals that could forestall a ... the FTSE 100 slipped 0.3% in London after the Bank of England cut its main interest rate by a quarter of a percentage ...