Search For Keyword.

Search (data)

U.K. consumers suffer long spending-power decline

British consumers have suffered the longest decline in their spending power since the 1970s, raising questions about whether the Bank of England really is likely to raise interest rates any time soon. Official data published Friday confirmed that the world’s fifth-biggest economy went into a...

Dollar racks up worst quarter in seven years

The dollar was on course for its worst quarter in seven years on Friday, recovering only marginally against major peers after a week of hawkish central bank jawboning on inflation that has shaken major currency markets. It gained around 0.2 percent against the euro in early trade in Europe,...

New cyberattack causes mass disruption in Europe

A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe, hitting Ukraine especially hard. Company and government officials reported serious intrusions at the Ukrainian power grid, banks and government offices, where one...