Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
LONDON — A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders…
UK economy emerges from recession with 0.6% growth in first quarter
The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed…
European companies in China are under pressure from slower growth, overcapacity
BEIJING — European companies in China are finding it harder to make money in the country as growth slows and…
Weekly jobless claims jump to 231,000, the highest since August
Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise…
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a…
