BOE Insists Inflation Surge Is Temporary as Policy Kept in Place

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BOE Insists Inflation Surge Is Temporary as Policy Kept in Place

The Bank of England raised its inflation forecast, but officials insisted the surge in prices will be temporary as they kept stimulus in place with only one dissension. The U.K. central bank expects consumer prices to increase 3%, a half point higher than its …
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'Little soldier' Drew fighting extremely rare muscle condition

Drew was born on July 23 last year and was diagnosed with Duchenne Muscular Dystrophy (DMD) on Boxing Day. To be diagnosed with this genetic disease that causes muscle weakness and wasting is very rare, …
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Microsoft vs. Apple: Traders debate which $2 trillion stock is the better bet

CNBC’s “Trading Nation” asked its traders which of the mega-cap stocks they would back here. “Do I have to pick one?” Quint Tatro, president of Joule Financial, said on …
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UK Court of Appeal confirms Deliveroo riders are self employed

Deliveroo said it was the fourth court judgment in the UK which had determined its riders were self-employed, following a judgment by the Central Arbitration Committee and two such judgments at the High Court.
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Sneaker marketplace GOAT Group valued at $3.7 bln in latest funding round

June 24 (Reuters) – GOAT Group, an online sneaker marketplace, said on Thursday it had raised $195 million in a late-stage funding round that more than doubled its valuation to $3.7 billion. The financing was led by Park West Asset Management, funds and …
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