The U.K. labor market showed further signs of cooling in December, with unemployment edging higher and wage growth easing, strengthening the case for additional interest rate cuts by the Bank of England in the coming months. Data released Tuesday by the Office for National Statistics (ONS) showed that the unemployment …

Oil prices slipped modestly in subdued holiday trading on Tuesday, as investors kept a close watch on upcoming negotiations between the United States and Iran, alongside pressure from a firmer U.S. dollar. Brent crude futures for April delivery declined 0.3% to $68.45 a barrel, while West Texas Intermediate (WTI) crude …

The British pound struggled to find clear direction on Monday against both the U.S. dollar and the euro, as investors remained cautious ahead of a crucial slate of UK economic data later this week that could determine the path of future interest rate cuts by the Bank of England. Sterling …

Some of the world’s most valuable technology companies have suffered steep market value losses this year, marking a sharp reversal after years of outsized gains driven by enthusiasm around artificial intelligence. Investors are increasingly questioning whether massive AI-related spending will deliver returns strong enough to justify previously stretched valuations. Microsoft …

European equity markets ticked higher on Monday, supported by a broadly positive earnings season, although trading volumes remained subdued due to public holidays in Asia and the United States. By 03:02 ET (08:02 GMT), Germany’s DAX rose 0.4%, France’s CAC 40 gained 0.2%, and the U.K.’s FTSE 100 advanced 0.2%, …

Bitcoin fell again on Monday, extending a prolonged downturn after cryptocurrency markets recorded four consecutive weeks of heavy losses, as uncertainty over U.S. interest rates continued to sap appetite for speculative assets. The world’s largest cryptocurrency retreated after briefly climbing toward the $70,000 level over the weekend. Bitcoin was last …

Bitcoin fell again on Monday, extending a prolonged downturn after cryptocurrency markets recorded four consecutive weeks of heavy losses, as uncertainty over U.S. interest rates continued to sap appetite for speculative assets. The world’s largest cryptocurrency retreated after briefly climbing toward the $70,000 level over the weekend. Bitcoin was last …

Gold prices fell below key technical levels in Asian trade on Monday, while silver posted sharper losses, as investors remained cautious amid lingering uncertainty over the U.S. interest rate outlook following mixed inflation data. Precious metal markets continued to experience heightened volatility after a period of sharp swings over the …

U.S. consumer price growth slowed more than expected in January, moving closer to the Federal Reserve’s 2% inflation target and offering policymakers fresh evidence that price pressures are easing, helped in part by lower energy costs. Data released on Friday showed headline consumer prices rose 2.4% year-on-year in January, below …

U.S. stock index futures edged slightly lower on Friday, as investors remained cautious following a sharp selloff in technology stocks in the previous session and ahead of a closely watched U.S. inflation report later in the day. By 05:35 ET (10:35 GMT), Dow Jones futures were down 95 points, or …