Reuters US Federal Reserve Chair Jerome Powell The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions create uncertainty about additional cuts in the coming months. The central bank said on Wednesday it was lowering the target for its key lending rate by 0.25 percentage points, putting…
The price of silver has hit a record high ahead of an expected US Federal Reserve interest rate cut and demand from the technology industry for the precious metal remains high. On Tuesday, the spot market, where the precious metal is bought and sold for immediate delivery, saw the price of silver cross $60 (£45.10)…
Chancellor Rachel Reeves has said there were too many unauthorised leaks ahead of her budget last month. The amount of media stories about what might be in her statement led to criticism from Speaker Sir Lindsay Hoyle, who labelled it the “hokey-cokey Budget”, telling MPs, “One minute it’s in, the next minute it’s out.” The…
The government has not yet assigned spectrum to Starlink for commercial service deployment, and security clearances remain pending. Elon Musk-led Starlink plans to soon introduce its satellite communication services in India with pricing between Rs 2,500 and 3,500 for retail customers. The company aims to provide services across multiple sectors, including maritime, aviation, retail, and…
President Donald Trump’s ban on issuing new wind energy permits has been ruled “unlawful” by a US court. In January the president signed an executive order freezing federal approval of offshore and onshore wind projects, halting construction of several projects in the US that were already under way. Some 17 states and a New York-based…
Bloomberg via Getty Images Shoppers carry Target bags outside of Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 28, 2025. Rachael Dunfell knew two things about her husband’s 21-year-old cousin: that he liked specialised racing bikes and that he was interested in the Vikings. But those pieces of information yielded…
When people tell me about their stock market disasters, the story is almost always familiar. It’s rare, “I bought a solid company at a sensible price, held it for years, and it went to zero. ” What I usually hear is closer to, “I bought stock based on this story… this penny stock… this F&O…
