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Here’s what usually happens to UK stocks when the Bank of England cuts interest rates

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The U.K. stock market is likely to rise over the course of 12 months, if the Bank of England cuts interest rates on Thursday...
Bussiness

Powell says September rate cut ‘on the table’ if inflation data continues to cool

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Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank could cut interest rates at its September meeting if economic data continues...
Bussiness

Fed holds rates steady and notes progress on inflation

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WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...
Bussiness

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

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Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...
Bussiness

Meta shares pop on revenue and earnings beat, better-than-expected forecast

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Meta shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a...
Bussiness

Jim Cramer’s top 10 things to watch in the stock market Wednesday

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My top 10 things to watch on Wednesday, July 31 1. Wall Street was tracking for a higher open, with Nasdaq looking especially strong...
Bussiness

Boeing reports wider-than-expected loss, weaker revenue

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Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...
Bussiness

Euro zone inflation rises to 2.6% in July, above expectations

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People shopping at the downtown market, Cour Lafayette, in Toulon, on July 27, 2024.Magali Cohen / Hans Lucas | Afp | Getty ImagesHeadline inflation...
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Bank of England’s rate cut is on a knife-edge even with inflation on target

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The Bank of England in the City of London.Mike Kemp | In Pictures | Getty ImagesLONDON — Inflation in the U.K. may have come...
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HSBC shares rise 2% after profit beat, $3 billion buyback announcement

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Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of up...
Bussiness

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

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Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024. Jason Redmond...
Bussiness

FTSE 100 Live 30 July: Shares finish lower, Meta pays $1.4 billion in Texas lawsuit, Diageo stock slides

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BP hikes dividend despite headwinds07:36 , Graeme EvansBP today increased its dividend for the first time in a year, lifting the payout to shareholders...
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