Stay informed with free updatesSimply sign up to the UK inflation myFT Digest — delivered directly to your inbox.The pound hit a one-year high against the dollar on Wednesday after UK inflation figures came in slightly above expectations at 2 per cent for June.The consumer price data was above analysts’…

Once the leader was on his throne, the ritual capitulation could begin. Donald Trump looked on with an ethereal gaze Tuesday as a parade of Republican presidential candidates whose dreams he crushed staged a parade of the vanquished at the Republican National Convention. On another night awash in emotion after…

It’s that time of year when a storm developing in the Caribbean has the potential to become a hurricane. That’s when an early warning system becomes so important. This integrated system of hazard monitoring, forecasting and prediction, disaster risk assessment, communication and preparedness activities systems helps people get ready to…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to lead the bull market on hopes interest rate cuts will broaden out the economic recovery to their benefit.The Russell 2000 index, the benchmark for the group, rose 1% Tuesday, after…

Check out the companies making headlines before the bell. Morgan Stanley — The bank stock fell more than 2% in premarket trading even after the firm’s second-quarter results beat Wall Street estimates thanks to strong performance in trading and investment banking. The bank said profit surged 41% from the year-earlier…

The International Monetary Fund has warned that stubborn inflation could keep interest rates higher for longer than expected, increasing fiscal and financial risks around the world. Persistently high prices for services — which include haircuts, hotels and restaurants — as well as escalating trade tensions are propping up inflation and…

Jury duty assignment prevents a more comprehensive note, but here is a snapshot. Overview The US dollar is consolidating in narrow ranges against most of the G10 currencies. The Australian and New Zealand dollars, along with the Japanese yen are off by about 0.25%, but the others are +/- 0.10.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Turkey is set to unveil a corporate tax overhaul, including a 10 per cent minimum rate, as policymakers seek to cool the country’s $1tn economy and boost government coffers.President Recep Tayyip Erdoğan’s…

Democrats outraised Republicans in competitive congressional races during the second quarter of the year, new fundraising reports show, putting down-ballot candidates on solid financial ground as Democratic concerns grow over President Joe Biden’s candidacy. But several vulnerable Senate Democrats also burned through cash over the same period, reflecting a challenging…