Sluggish growth in the US has led the Federal Reserve to question whether the economy is struggling with ‘economic hysteresis' - when a recession permanently damages growth potential. The issue could have huge implications for monetary policy and equity...
The most pressing issue for the remainder of the third quarter will be the Federal Reserve's objective of reinforcing its optimal control framework in the face of higher inflationary pressures.
Sterling sold off further overnight, exacerbating Monday's losses, as nervous investors ditched the pound and UK shares on fears Scotland may vote to break apart next week.
Sterling tumbled in overnight trading and was poised for further losses today after the latest poll showed Scotland is on course for independence.
Shares in BP slumped late on Thursday after the group was found by a US judge to be "grossly negligent" and "reckless" in the Gulf of Mexico four years ago.
There has been forward guidance, backtracking, and a lot of false starts, but as the world's largest economies continue to recover, the question over which developed region will raise rates first looms large.
The S&P 500 slipped below its record peak above 2,000 overnight as the Ukraine crisis weighed on markets globally.
Contrary to the concerns of some investors, US equities are not overvalued, says Hector Kilpatrick, from Cornelian Asset Management
The US market has confounded some observers this year. After such strong performance in 2013, when the market rose just shy of 30%, many commentators had written the market off or at least condemned it to underperformance in 2014.
The S&P 500 briefly crossed the 2,000 threshold on Monday after US Federal Reserve chair Janet Yellen signalled she will hold back on any aggressive move on interest rates.