Financial News

Italians head to the polls Sunday in a nationwide vote that could return the country’s first female prime minister.

Billed as a “mini-budget” by her Finance Minister Kwasi Kwarteng, Friday’s fiscal announcement was anything but with a volume of tax cuts not seen in Britain since 1972.

The embattled British pound fell more than 2% against the dollar, after the new U.K. government announced a radical economic plan in a bid to boost growth.

The Bank of England voted to raise its base rate to 2.25% from 1.75% Thursday, lower than the 0.75 percentage point rise that had been expected by many traders.

Putin has put the Russian people and economy on a wartime footing as Moscow’s invasion of Ukraine continues.

Ether has fallen more than bitcoin since the Ethereum network underwent a huge upgrade called the merge.

Philippines, followed by Indonesia, stood out as the countries most vulnerable to India’s rice export ban the ban, according to Nomura.

Cramer also previewed next week’s slate of earnings.

Germany’s reticence has prompted critics to look for ulterior motives for its reluctance — with some citing World War II.

Young people in China are growing disillusioned and frustrated with work and life, and some are now turning their backs on a crushing hustle culture.