A group of Labour MPs and policy figures want Andy Burnham to commit to a long-term return to spending 0.7% of national income on overseas aid.
Economists say an unusually intense El Niño later this year could amplify weather-related crop losses and prolong pressure on food prices already lifted by the Iran war.
After years of higher costs for concerts and other live events, price increases are now affecting gaming, streaming and other at-home entertainment.
Surveyors reported a smaller fall in UK house prices in June, while warning that buyer confidence remains weak and the outlook is still uncertain.
Oil prices advanced after fresh US strikes in the region and Washington’s decision to restore sanctions on Iran unsettled markets and weighed on Asian and European shares.
UK house prices recorded their first monthly increase in four months in June, while oil prices moved higher after reports of an attack on a tanker near the Strait of Hormuz.
U.S. stocks had a massive day on Wednesday in the aftermath of the U.S. presidential elections. All three major indexes soared to new records, including a massive jump of more than 1,500 points by Dow Jones Industrial Average. Dow Jones reached an all-time high of 43,771.06 and closed at a...
Forum-style social media platform Reddit overwhelmingly beat the analysts’ estimates with its third-quarter earnings while reporting a profit for the first time ever. This caused the company’s stock to skyrocket by 42% on Wednesday. Reddit had revenue of $348.4 million for the third quarter of fiscal 2024, marking a 68%...
Electric vehicle maker Lucid announced on Wednesday that it plans to sell 262.4 million common stock shares via public offering. The announcement sent the company’s stock down by more than 15% in after-market trading. According to the company, BofA Securities, its sole underwriter, will receive a 30-day option to buy...
Investors are eagerly anticipating the release of the minutes of the Federal Reserve's latest policy meeting, due later on Wednesday. With the Fed deciding to implement a 50 basis point interest rate cut, investors will be interested to know just how split the central bank policymakers were in reaching...