FTSE 100 falls back from record high as BoE chief economist warns against cutting interest rates too soon – business live

Rolling coverage of the latest economic and financial news ... Read More

Live Updates: Inflation Runs Hotter Than Expected

Consumer prices rose 3.5 percent in March from a year earlier, a larger-than-predicted jump. The underlying details could worry the Federal Reserve. Read More

The Dow falters as the Fed says inflation means interest rate cuts can wait

After surging on Tuesday morning, the Dow Jones Industrial Average and other major stock indexes tapped the brakes in the afternoon as the Federal Reserve said it needs more time to deal with stubborn ... Read More

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than ... Read More

World faces permanently higher interest rates, warns Bank of England official

Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned. Read More

ASX to fall as shock jump in US spending weakens case for rate cuts

Much stronger than expected US retail spending reduces the chance of rate cuts; Gold nears new record; Goldman’s ‘near perfect’ profit. Follow updates here. Read More

Quest Diagnostics: Q1 Earnings Snapshot

Quest Diagnostics expects full-year earnings in the range of $8.72 to $8.97 per share, with revenue in the range of $9.4 billion to $9.48 billion. A new look for Starbucks, regulating AI, a 'Star Trek ... Read More

Investment News: FTSE Hits All-Time High

NatWest shares currently trade at around £2.04, significantly below the ... Russia production cuts, not domestic factors.” In terms of global rankings, the World Federation of Exchanges lists London ... Read More

Europe is the fastest-warming continent, at nearly twice the average global rate, report says

Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average, two top climate monitoring organizations reported Monday, warning of the consequences for ... Read More

Cloning makes three: Two more endangered ferrets are gene copies of critter frozen in 1980s

CHEYENNE, Wyo. — Two more black-footed ferrets have been cloned from the genes used for the first clone of an endangered species in the U.S., bringing to three the number of slinky predators ... Read More

Another month of robust US job growth points to continued economic strength

Last month's job growth was up from a revised 270,000 in February and was far above the 200,000 jobs economists forecast. Read More

Putin seeks emergency petrol as Russia runs on fumes

Russia has reportedly asked Kazakhstan to supply it with petrol as Ukrainian attacks on its refineries force it to import gasoline. Kazakhstan has been asked to set up a reserve of 100,000 tonnes of ... Read More