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CNBC Daily Open: Wall Street soars; Starbucks ousts CEO

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Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty ImagesThis...
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Inflation warning: CPI rate forecast to RISE tomorrow in blow to Labour

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Inflation is expected to rise for the first time this year tomorrow (August 14) in a blow for Britons and the new Labour Government....
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Cost of living blow as grocery price inflation rises for first time in a year

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Grocery price inflation in the UK has risen for the first time since March 2023 in another cost of living blow to Britons, according...
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EUR/GBP trades with a bearish bias near 0.8550 after German inflation data

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EUR/GBP trades in negative...
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UK house prices rise in July following Bank of England rate change

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HOUSE prices rose by 0.8% in July following the Bank of England's rate change, one of the UK's biggest lenders has found.The housing market...
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Global stocks tumble on fears of U.S. recession, tech pullback

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Open this photo in gallery:Global stock markets plummeted on Monday as worries mounted that the U.S. economy could be headed for a recession and...
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Banks and building societies cut savings accounts after BoE interest rate cut

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MILLIONS of savers are facing lower returns as major banks and building societies slash their savings rates. The move follows the Bank of England's decision to...
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UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

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A row of traditional houses on a street in London's Muswell Hill suburb, located to the north of London, with views of the Canary...
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Why the Bank of England has finally cut rates – but might not rush to do it again

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One of the biggest difficulties for Bailey and his colleagues is that...
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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...
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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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Labour should stop seeing drivers as cash cows and should leave fuel duty alone

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THE Chancellor will today unveil what she says is a £20billion black hole in the public finances left by the Tories.Rises in capital gains...
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