Ground should have been laid for tax cuts, admits Liz Truss
But the prime minister says she sticks by her mini budget, despite a bad reaction from the markets.
Mini-budget: PM to meet head of OBR following market turmoil
Liz Truss and the chancellor will meet the OBR as a group of MPs call for its forecast to be released.
US Dollar (DXY) Soars on Hawkish Fed Commentary and Rising US Treasury Yields
The US dollar, buoyed by hawkish Fed speak and rising US Treasury yields, is cutting a swathe through the FX markets again.
MCO canceling all commercial flights as Hurricane Ian nears Florida
Hurricane Ian made landfall in Cuba Tuesday and is expected to keep moving north toward Florida into Wednesday.
EURUSD Lacks Direction as Major Support Continues to Hold
EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather.
Shakira to stand trial in Spain for tax evasion
The singer is accused of failing to pay €14.5m (£12.9m) in tax and could face eight years in jail.
Pound slumps to record low against dollar
Sterling plunged to below $1.04 as global markets react to the UK's biggest tax cuts in 50 years.
Pound slumps to all-time low against dollar
Sterling plunged by 4% in early Asia trade to the lowest level since decimalisation in 1971.
Japan's push into 'deep tech' innovation
Japanese start-up firms are developing next-generation solar panels and microchips.
EUR/USD Dips Below Parity with Dollar Index Leading the Way
Euro remains under pressure as ECB members call for further rate hikes could be in vain with the Fed meeting coming into focus.
EURUSD Dips Below Parity with Dollar Index Leading the Way
Euro remains under pressure as ECB members call for further rate hikes could be in vain with the Fed meeting coming into focus.
World Bank: Global rate hikes could trigger 2023 recession
The warning comes ahead of monetary policy meetings by US Federal Reserve and Bank of England.
Euro Soars: Buoyed by Ukrainian Advance and the Mention of QT from the ECB
The euro surged higher on Monday, extending the recent bullish impetus after last weeks post-ECB low. Ukrainian counter offensive & mentions of QT support EUR for now.
Pound falls to lowest level against dollar since 1985
It comes after the Bank of England warned that little could be done to stop a recession in the UK.
Gas prices soar 26% after Russia keeps key pipeline closed
The continued closure of Nord Stream 1 has added to concerns about energy supplies this winter.
Australia liquor store hiring with 10-minute interviews
Dan Murphy's in Australia is holding quick 'on-the-spot' interviews to beat staff shortage.
No going back to reliance on Russian gas from here
Many observers see Russia's halt of the flow of gas as an attempt to blackmail Europe over supplies.
Euro Outlook Remains Murky as Gas Prices Soar and Fed Hikes Loom. Can EUR/USD Recover？
The Euro is struggling as the energy crisis evolves and a US Dollar that is gaining traction as the Fed gear up for their Jackson Hole symposium. Is a bear market intact for EUR？
Is Biden's student debt forgiveness fair？
While tens of millions will benefit from loan relief, the plan has critics on both sides of the aisle.
Student loan forgiveness: Biden cancels $10,000 in student debt for millions
Lower income students who had Pell Grants will get more debt cancelled - up to $20,000.