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Liz Truss promised to tackle soaring energy bills in her first speech as U.K. prime minister outside 10 Downing Street. Leon Neal / Staff / Getty Images LONDON — Britain’s new prime minister, Liz Truss, made her first speech Tuesday, promising to tackle rising energy bills and the cost-of-living crisis in the next couple of…
People across the U.K.’s financial sector are wondering whether the new prime minister will change the regulatory landscape. Jeff J Mitchell / Staff / Getty Images As Liz Truss becomes Britain’s new prime minister on Tuesday, questions are being raised over her plans for the U.K.’s historic financial district — the City of London —…
In this article CNY= .DXY The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the last few weeks. Sopa Images | Lightrocket | Getty Images BEIJING — China’s central bank has sent a strong signal it wants to keep the Chinese yuan from weakening too quickly against the U.S. dollar, economists…
In this article DWAC Homepage and app announcement of “Truth Social.” Christoph Dernbach | picture alliance | Getty Images Digital World Acquisition Corp., the special purpose acquisition company planning to take former President Donald Trump’s media firm public, scheduled a shareholder meeting Tuesday as it seeks to extend the deadline for the merger for as…
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] After a drawn-out contest, the country’s ruling Conservative Party on Monday picked Liz Truss to be its new leader and the U.K.’s new prime minister. Subscribe to CNBC on YouTube.
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Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney The 2022 box office is a Hollywood underdog story come to life. Despite nearly 40% less film content available in theaters compared to 2019, year-to-date ticket sales are down around…
A banners of Deutsche Bank is pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. Reuters Following the news that Liz Truss will become Britain’s new prime minister, Deutsche Bank says policy announcements in the coming weeks will be crucial if the U.K….
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income levels carry large balances on credit cards that charge very high interest rates. According to Federal Reserve data, the average annual…
Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have handy. But the right amount to have in your emergency fund depends on your family’s situation and needs, financial experts say. Still, with…
In this article BBBY Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond on Sunday said its chief financial officer, Gustavo Arnal, died Friday, after police had said earlier that Arnal fell to his death. The New York…
Former Finance Minister Rishi Sunak or current Foreign Secretary Liz Truss will be announced as the U.K’s new prime minister later Monday. Dan Kitwood / Staff / Stringer / Getty Images LONDON — The next prime minister of the U.K. will be announced Monday following a grueling, and at times bitter, leadership contest within the ruling…