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...Since December the Fed has been signalling that it expects to cut its key interest rate by the equivalent of three quarter-point cuts this year, from the current range of 5.25 to 5.5 per cent....
...Wall Street’s benchmark indices have declined every day in the past week as traders weigh the risk of a wider conflict in the Middle East and lose hope for rapid interest rate cuts from the US Federal Reserve...
...and the UK’s second-largest city....
...’s biggest cities....
...New York City and other parts of the northeastern US were shaken following an earthquake in northwestern New Jersey....
...Another crucial piece of information in determining when rates should be cut will be on wage growth, a point reiterated yesterday by ECB president Christine Lagarde....
...The party is trailing Labour by about 20 percentage points in opinion polls, according to the FT’s poll tracker....
...The moves extend strong gains from the previous session, after Federal Reserve policymakers maintained projections to cut interest rates by 0.75 percentage points by the end of the year....
...“This film merged feelings of rage with love, hope and some strength, so that people didn’t feel powerless,” she says....
...In 2022, following Russia’s full-scale invasion of Ukraine, there were several impromptu concerts in New York City of music by Ukraine’s leading contemporary composer Valentin Silvestrov, then exiled to...
...But it also fuelled hopes that long-stalled talks to secure the release of the 133 hostages still held by Hamas in Gaza in the wake of its October 7 attack could be edging closer to a deal, which would also...
...The speedy delivery service — which in some places will use drones to deliver drugs — is expected to expand to other US cities by the end of the year....
...Traders and strategists say recent gains by Chinese equities have rekindled some clients’ interest in the market after years of underperformance, although some pointed out that activity on the city’s exchange...
...Traders now place a 60 per cent probability of the UK’s first quarter-point interest rate cut being delivered in June, down from a 75 per cent chance ahead of official figures that showed average annual...
...The Zew Institute’s monthly survey of investors in Europe’s largest economy, published on Tuesday, rose by more than double what economists had forecast, rising 4.7 points to 19.9....
...The average European investment-grade spread — the premium paid by companies to borrow over equivalent German government bond yields — has dropped from 1.36 percentage points to 1.15 percentage points this...
...Asked about the litter and odour in the alley leading to Hope Hostel, Makolo said: “It’s a real city with real people and we do the best we can. It’s not Barbieland.”...
...All of the “Magnificent Seven” big tech companies, which helped propel the S&P 500 to a record high in January, also fell....
...Being an old-school broker in the City of London ain’t what it used to be. Technology and competition have hurt profitability in traditional dealing services....
...Amid doom and gloom about the City of London’s prospects, UK ministers are determinedly talking up hopes of a capital markets renaissance....
...A founder of the taxi app now known as Curb and used car marketplace Shift, Arison points to Uber as a model, citing its expansion into services such as food delivery....
...Jay Powell handed US stocks their biggest one-day drop in several months, as the Federal Reserve chair said the central bank was unlikely loosen monetary policy in March, crushing hopes of a first-quarter...
...Rishi Sunak’s hopes of winning the next UK general election could be boosted if he waits until after a potentially chaotic US presidential election on November 5, according to his allies....
...His ruling Morena party doesn’t have the votes to pass the changes immediately but hopes to gain them in June’s elections....
...of the city of Bakhmut, Russia’s first significant gain since the first year of the war....
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