Interest rates live: Bank of England expected to cut base rate despite sticky inflation
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2025-08-07T08:56:49.939Z
The Daily Editor
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Interest rates LIVE: Bank of England set to make major cut as economy struggles
The Bank of England is poised to slash interest rates to 4% today – the lowest level in over two years – in a dramatic move to boost Britain’s faltering economy.
It would mark the fifth cut since last August, bringing the rate down to its lowest since March 2023.
» Read more about: Interest rates LIVE: Bank of England set to make major cut as economy struggles »
Interest Rates Are About to Do Something They Haven't Done Since December 2024, and It Could Foreshadow a Surprising Move in the Stock Market
The odds of a September interest rate cut are skyrocketing, according to Wall Street.
The U.S. Federal Reserve lowered the federal funds rate (overnight interest rate) three times between September and December last year, reversing some of its aggressive hikes from 2022 and 2023. The rate cuts were justified because inflation —
Social Security checks go paperless Sept. 30, in move designed to save money, avoid scams
For thousands of Americans, the check will no longer be in the mail.
In a move expected to affect more than half a million Americans, the Social Security Administration will stop issuing paper checks to beneficiaries starting on Sept. 30, agency officials said.
Instead, benefit payments will be delivered electronically by direct deposit.
Here's the Best-Case Scenario for the 2026 Cost-of-Living Adjustment (COLA), According to the Social Security Board of Trustees
There’s a wide range of possibilities, but the board sees an upward limit on a COLA.
The vast majority of seniors are heavily reliant on Social Security to make ends meet in retirement. In a survey conducted by the advocacy group The Senior Citizens League last year, over two-thirds of respondents said they rely on Social Security for at least half of their income.
NASDAQ Index, SP500, Dow Jones Forecasts – Major Indices Gain Ground As Apple Soars 5.5%
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Stock market today: Dow, S&P 500, Nasdaq futures waver as Trump's trade deadline expires, tariffs kick in
US stock futures wavered above the flatline as President Trump’s sweeping tariffs hit dozens of US trade partners after his self-imposed deadline for countries to strike deals expired.
Futures attached to the Dow Jones Industrial Average (YM=F) ticked up 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) rose about 0.3%.
Hindustan Unilever bets on gradual recovery, steps up investments to drive sales
Ritesh Tiwari CFO HUL
As consumption sentiment picks up, Hindustan Unilever Ltd (HUL) is doubling down on investments across growth channels while sharpening its core portfolio. With early signs of a recovery and portfolio expansion under way, the company expects the first half of FY26 to outperform the second half of FY25.
Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin updates; check prices, m-cap, other details
The cryptocurrency market is experiencing a downturn today, with several tokens posting significant losses over the past 24 hours. Here’s a summary of the top losers:
KernelDAO (KERNEL): Leads the decline with a 14.09% drop, bringing the price to $0.2077. The 24-hour trading volume is substantial at $79,515,788.26,
Top 5 Flexicap Funds With Highest Returns in 3 Years: No. 1 fund has converted Rs 2,50,000 one-time investment into Rs 4,79,545
Top 5 Flexicap Funds With Highest Returns in 3 Years: Flexicap mutual funds are equity funds that many investors prefer for portfolio diversification and to minimise the risk of sharp market fluctuations. The fund manager needs to have large, mid and smallcap stocks in a flexicap fund while maintaining at least 65 per cent investment in equity.