The UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again | CNN Business
London CNN Business — There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the...
economic policy
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Led by Hong Kong, Asian stocks on track to suffer worst month since Covid began | CNN Business
Hong Kong CNN Business — Asian markets are careening toward their worst month since the Covid pandemic began, hit by a mighty US dollar and...
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The UK is gripped by an economic crisis of its own making | CNN Business
London CNN Business — A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest...
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The bond market is crumbling. That’s bad for Wall Street and Main Street | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
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China’s yuan hovers near record lows against the dollar despite central bank warning | CNN Business
Hong Kong CNN Business — China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies around...
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How the United States is exporting inflation to other countries | CNN Business
London CNN Business — The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of miles away are reeling...
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Liz Truss’s premiership has got off to the worst start possible | CNN
Liverpool, England CNN — Liz Truss’s first few weeks as British prime minister have been defined by crisis. She’d barely been in the job 48...
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Former Bank of England official slams ‘really stupid’ UK government decisions | CNN Business
London CNN Business — Former Bank of England Deputy Governor Charlie Bean said the central bank will almost certainly announce an emergency interest rate hike...
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Is the bitcoin winter beginning to thaw out? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
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Bank of England will buy UK bonds at ‘whatever scale’ necessary to halt crash | CNN Business
London CNN Business — The Bank of England said Wednesday it would buy UK government debt “on whatever scale is necessary” in an emergency intervention...