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.

US stocks nudged higher on Wednesday as Wall Street waited for updates on tariffs from president Donald Trump, as well as ...

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 ...

U.K. inflation rose further above the Bank of England’s target in April as businesses raised their prices in response to higher payroll taxes and increased utility charges, an expected move that ...

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

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 ...

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

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.