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Bank of England raises interest rates to 4% amid inflation concerns
The Bank of England is set to raise interest rates from 3.75% to 4% for the first time in over three years due to rising inflation, primarily driven by increased fuel prices. This increase will raise borrowing costs for…
Tether’s excess reserves double to $8 billion
Tether’s excess reserves doubled to $8 billion, primarily in US Treasuries, while Q3 profit surged to $1.5 billion. This strengthens the stablecoin’s backing amid regulatory scrutiny, with an upcoming audit set to verif…
Scott Bessent claims Fed rate hike may not be a mistake
Treasury Secretary Scott Bessent stated that another Federal Reserve rate hike wouldn't be a policy error, despite the Fed's recent decision to pause. His comments suggest that the Fed is navigating inflation concerns, …
Income tax thresholds will remain frozen at 2021 levels until April 2031, resulting in more people being taxed as wages rise with inflation. This policy, often…
UBS reported a 27% jump in Q3 pretax profits to $3.59 billion, driven by record wealth inflows of $55.1 billion. This growth supports its Credit Suisse integra…
Treasury official Matthew Bessent stated that the U.S. will explore integrating cryptocurrency into its financial system to maintain the dollar's global domina…
First Western Financial reported Q3 2026 net income of $12.4 million and revenue of $118.3 million, driven by high occupancy and increased rental income. With …
Chancellor John Healey faces a challenging Budget as national debt surpasses £3 trillion, inflation rises to 3.5%, and borrowing outpaces forecasts. With risin…
