Tag: Business

Bank of England is set to cut interest rates despite potential new inflation worries

LONDON -- The Bank of England is set to cut interest rates later Thursday for the second time in three months, as inflation...

Germany's leader expected to lead country with minority government after coalition collapse

BERLIN -- After German Chancellor Olaf Scholz dramatically fired Finance Minister Christian Lindner of the pro-business Free Democrats in a late-night move after...

China's exports grew 12.7% in October, fastest pace in more than 2 years

HONG KONG -- China's exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according...

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON -- Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady...

Man who used legal loophole to live rent-free for years in NYC hotel found unfit to stand trial

NEW YORK -- A man charged with fraud for claiming to own a storied Manhattan hotel where he had been living rent-free for...

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White...