The UK’s Financial Conduct Authority (FCA) said on Monday that it plans to introduce a new rule requiring all money market funds (MMFs) to hold sufficient liquidity to ensure adequate resilience during periods of market stress.In a statement, the regulator said the proposal is intended to support its objectives of…
Goldman Sachs has pushed its forecast for the Federal Reserve’s next rate cuts into 2027, signalling that stronger US…
The US labor market delivered another upside surprise in May, with employers adding far more jobs than economists had…
The Iran war is becoming a bigger problem for household finances.What began as a geopolitical shock has turned into…
Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for…
The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims…
India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity”…
The Reserve Bank of India kept its benchmark repo rate unchanged at 5.25% after its June monetary policy meeting…
British services firms recorded a modest decline in activity in May as rising costs linked to the Iran war…