Federal Reserve interest rate cut bets rise as US jobs disappointment fuels growth fears – business live
Non-farm payrolls show US economy created 114,000 jobs in July, well below expectations, sparking speculation of an emergency interest rate cut
Fear of US recession rattles global markets as tech shares fall
Europe’s main indices all decline on Friday as Japanese equities suffer worst day since 2020
Business live
Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened
City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year
July 2024
Business live
Boeing appoints Kelly Ortberg as new chief executive – as it happened
Nils Pratley on finance
Diageo needs to raise shareholder spirits – and fast
Nils Pratley
Business live
Germany on brink of recession; eurozone beats forecasts with 0.3% growth; US job openings fall – as it happened
Business live
Chief of staff to ex-Post Office chief Paula Vennells drafted email ‘to discourage investigating prosecutions’ - as it happened
Business live
Post Office management were ‘thugs in suits’, former Lib Dem leader Vince Cable tells inquiry – as it happened
Business live
UK grocery inflation falls to 1.6%; Fed chair Powell hints at US rate cuts – as it happened
Business live
Wall Street stocks rise after Donald Trump assassination attempt – as it happened
June 2024
Business live
Financial markets at risk of ‘sharp correction’; US GDP revised high – as it happened
Human rights group urges UK financial regulator to block Shein’s LSE flotation
Business live
L&G to sell Glencore stake over thermal coal concerns; global economy ‘on track’ for soft landing – as it happened
Business live
Nvidia shares open higher after $500bn sell-off; Microsoft hit with EU antitrust charge over Teams – as it happened
Business live
Brussels accuses Apple of breaking EU rules; Badenoch and Reynolds clash over business – as it happened
DS Smith’s £5.8bn takeover by US rival going ahead despite competition
Business live
China new home prices fall at fastest rate in nearly 10 years; French political uncertainty weighs on markets – as it happened
Business live
US producer prices slide as inflationary pressures ease; UK housing market weakens – as it happened
Business live
Pre-election UK interest rate cut unlikely despite cooling jobs market and rising mortgage arrears; Moody’s warns France over snap election – as it happened
Business live
Labour victory would be ‘positive for UK markets’, says JP Morgan; euro slides after European election results – as it happened
