Is Britain's economy sliding into recession? The short answer is that no one knows. Uncertainty, however, is no excuse for ducking important decisions and the Bank of England must decide what to do about Brexit next week.
LONDON Shockwaves from Britain's vote to leave the European Union are reverberating through the economy with surveys published on Thursday showing a sharp dive in consumer confidence and a slowdown in the construction sector.
Summer high street sales fell at their fastest pace in more than four years this month, figures show. Weak consumer confidence was the likely reason for the drop in the immediate aftermath of the EU referendum, but the Confederation of British Industry ...
LONDON— Standard Chartered STAN 1.04 % PLC tapped International Monetary Fund official Jos� Vi�als to be its next chairman, after searching for more than a year to replace the departing John Peace.
The Federal Reserve held open the prospect of a second increase in interest rates later this year as it said that near-term risks to the US economy had diminished and the job market recovery had regained momentum.