Free pizza and Ubers: Judge will hold jurors past 8 p.m. as Sam Bankman-Fried trial enters final stretch
The government will pay for pizza and Uber rides home for the 12 jurors who will decide the fate of FTX founder Sam Bankman-Fried
Europe stocks close 1.6% higher as investors react to Fed, earnings; Bank of England holds rates
European markets closed higher Thursday as investors reacted positively to the U.S. Federal Reserve’s decision to hold interest rates steady.
Stifel says the S&P 500 will keep climbing ‘wall of worry’ to hit 4,400, gives 10 stocks to play rally
The S&P 500 should climb into year-end as recession threats lack teeth, the firm said.
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to bring down inflation.
UK and Europe’s borrowing costs slide after central banks hold rates
A perceived “dovish surprise” by the Federal Reserve pushed government bond yields lower around the world.
Ferrari again raises guidance as customers opt for high-priced, personalized sports cars
Ferrari raised guidance after its third-quarter profit surged 46% year over year. Its customers continue to load up their new Ferraris with expensive options.
Bank of England leaves interest rates at 15-year high, says it’s ‘much too early’ to think about cuts
Since the Bank of England’s last economic projections, inflation has weakened, economic activity has softened and the labor market has shown signs of loosening.
A new Beatles song is set for release after 45 years — with help from AI
“Now And Then” will be released on streaming platforms and make its radio debut Thursday.
Fintech giant Revolut appoints new UK boss amid struggles to get banking license
Revolut has been struggling to get a banking license in the U.K., which the company first applied for in 2021.
BT rises after quarterly earnings beat forecasts
BT Group, Britain’s biggest broadband and mobile provider, posted a second quarter earnings beat and forecast annual cash flow at the top end of a range.