Finance

President Trump is playing with fire by obsessing over the stock market
Finance

President Trump is playing with fire by obsessing over the stock market

Can the Dow, Nasdaq, S&P 500 keep this pace up?

Not long ago, President Trump was warning of a "big, fat, ugly bubble" in the stock market. Now that he’s in charge, Trump has quickly become the market’s cheerleader-in-chief.

He’s …

Spanish train maker CAF to open new £30m factory in South Wales creating 300 jobs
Finance

Spanish train maker CAF to open new £30m factory in South Wales creating 300 jobs

A leading Spanish train maker is opening a factory in Wales, creating 300 jobs.

CAF is ploughing £30million into the plant at the Celtic Business Park in Newport, a former steelworks that is not far from the steel hub of …

Here’s what’s at stake when Trump finally meets Putin
Finance

Here’s what’s at stake when Trump finally meets Putin

Traditional Russian wooden nesting dolls, called Matryoshka dolls, depicting US President Donald Trump (L) and Russia’s President Vladimir Putin (R) at a gift shop in central Moscow. (Kirill Kudryavtsev/AFP/Getty Images)

HAMBURG — President Trump finally sits down with Russian President …

Prosecutors seek gag order for pharma bro Martin Shkreli after his courthouse rant against them
Finance

Prosecutors seek gag order for pharma bro Martin Shkreli after his courthouse rant against them

Federal prosecutors late Monday asked a judge to slap a gag order on "Pharma Bro" Martin Shkreli, three days after he blasted them as the "junior varsity" during a surprise courthouse rant to reporters covering his trial.

Those prosecutors said …

Pre-Budget boost for Hammond as OECD hikes growth forecast to 1.6% this year – and urges Chancellor to spend MORE
Finance

Pre-Budget boost for Hammond as OECD hikes growth forecast to 1.6% this year – and urges Chancellor to spend MORE

Philip Hammond was handed a pre-Budget boost today as an influential think-tank upgraded its forecasts for the economy.

UK plc will grow by 1.6 per cent this year, according to the Organisation for Economic Co-operation and Development (OECD) – some …

Lloyds puts aside further £350m for PPI claims to cover FCA’s deadline extension of two months
Finance

Lloyds puts aside further £350m for PPI claims to cover FCA’s deadline extension of two months

Lloyds Banking Group has forked out an extra £350million to cover claims for mis-sold payment protection insurance (PPI).

The bank hived off additional funds after the Financial Conduct Authority (FCA) extended its deadline for making new PPI complaints to the …

111 terminally ill chose to end lives under new California law
Finance

111 terminally ill chose to end lives under new California law

SAN DIEGO — California health officials reported Tuesday that 111 terminally ill people took drugs to end their lives in the first six months after a 2016 law made the option legal in the nation’s most populous state.

The data …

Pound slides as markets are spooked by shadow of Article 50 and Sturgeon’s second referendum demand
Finance

Pound slides as markets are spooked by shadow of Article 50 and Sturgeon’s second referendum demand

The pound has slipped by 1% as markets take fright at the prospect of Article 50 being triggered imminently, combined with a fresh threat to break up the United Kingdom.

The $1.211 level it hit represents the lowest for nearly …

Theresa May is humiliated at PMQs after Philip Hammond SCRAPS the hike to National Insurance for the self employed at the heart of his Budget
Finance

Theresa May is humiliated at PMQs after Philip Hammond SCRAPS the hike to National Insurance for the self employed at the heart of his Budget

Theresa May was forced into admitting a humiliating U-turn at PMQs today after her Chancellor dropped the National Insurance hike at the heart of his Budget.

The Prime Minister insisted the reform, which seeks to equalise National Insurance for the …

App-based bank, B, unveils new low-rate credit card which won’t charge you for overseas spending
Finance

App-based bank, B, unveils new low-rate credit card which won’t charge you for overseas spending

Digital challenger, B, has launched its first credit card offering free overseas spending, a low interest rate of 9.9 per cent and no transfer fees.

The off-shoot of Clydesdale and Yorkshire Banks launched in May last year with both a …