Partner Center The Bank of England maintained its policy rate at 3.75% in a closely contested decision, with four members voting for an immediate cut. The divided vote and dovish guidance suggest mounting pressure for easing as inflation approaches target. Key Takeaways Policy Decision: MPC voted 5-

As Chinese households remain reluctant to spend on big-ticket goods, Beijing is leaning on a new lever to revive consumption: experiences and everyday services. China's cabinet on Thursday rolled out a work plan to boost services consumption — from cruise and yacht tourism to elder care services and

Announced layoffs fell sharply in December, hitting a 17-month low in a potential sign that the labor market is at least stabilizing, consulting firm Challenger, Gray & Christmas reported Thursday. Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from t

A major winter storm is disrupting US holiday travel, bringing heavy snow and icy conditions from the Great Lakes to the Northeast. Thousands of flights are cancelled or delayed, with widespread travel warnings in place. Stay safe if you’re traveling.