Liverpudlian Mike Welch's career turned when he wrote a letter to then Tesco CEO Terry Leahy as a young teen asking for a meeting.

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30 Sep, 2022 / 05:00

How pensions, mortgages and energy bills are affected by the market's wild ride.

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30 Sep, 2022 / 05:00

The Indian rupee is expected to open higher against the U.S. dollar on Friday, after the country reported a lower-than-expected current account deficit for the June quarter. The dollar index pulling back further from multi-year highs will likely be an additional boost for the rupee, traders said. India posted a CAD of $23.9 billion in the April-June period, wider than $13.4 billion in the preceding quarter but lower than $30.5 billion that economists were expecting.

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30 Sep, 2022 / 03:04

Some 55% of respondents expect to raise their prices in the coming year amid the sharpest cost of living crisis in a century, while just 9% of businesses are looking to increase salaries by 5% in the next 12 months

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29 Sep, 2022 / 23:01

After hitting an all-time trough of $1.0327 three days ago, sterling has rallied more than 7% against the dollar. The recovery in the British currency was due in part to the BoE's action. On Thursday, the BoE bought 1.415 billion pounds ($1.55 billion) of British government bonds with maturities of more than 20 years, the second day of a multi-billion pound program designed to stabilize the market.

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29 Sep, 2022 / 20:08

The U.S. dollar's relentless surge is raising questions --- and doubts --- about a coordinated intervention along the lines of the historic 1985 Plaza Accord.

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29 Sep, 2022 / 17:54

Whether you are a frequent customer of Dollar Tree or not, it's likely that you have gone to one for a quick visit to pick up something on discount or that you needed in a pinch. Who could say "no" to...

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29 Sep, 2022 / 17:45

Harvard University Professor of Capital Formation and Growth Jeffrey Frankel joins Yahoo Finance Live to discuss the strength of the U.S. dollar, the impacts from foreign exchange rates and currency volatility, and the outlook for the U.S. economy as recession risks mount.

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29 Sep, 2022 / 16:00

Sterling gained in volatile trading on Thursday, as the U.S. dollar fell against some currencies, with investors taking comfort from the Bank of England's purchase of long-dated bonds to stabilize the market. After hitting a fresh 37-year low of $1.0327 three days ago, sterling has rallied 6.4% against the dollar. The recovery in the British currency was due in part to the BoE's action.

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29 Sep, 2022 / 15:54

The scale of tax cuts and weak economic outlook will mean that the government is likely to need to announce fiscal tightening of between £37bn to £47bn in order for debt to be falling by 2026-27.

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29 Sep, 2022 / 15:52

The pound reversed losses and climbed more than 1% on Thursday as the dollar slipped and investors analysed the Bank of England’s dramatic intervention in the bond market. Sterling had dropped in morning trading in London but later rallied to stand 1.3% higher on the day at $1.1026 in the afternoon session. The pound crashed to a record low against the dollar of $1.0327 on Monday after new finance minister Kwasi Kwarteng unveiled plans to cut taxes, particularly for the rich, and raise borrowing.

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29 Sep, 2022 / 15:44

Local authorities and social housing providers will be able to submit bids for funding and will deliver upgrades from early next year until March 2025.

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29 Sep, 2022 / 14:43

The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve state banks' currency reserves.

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29 Sep, 2022 / 14:14

Sterling fell as much as 1% on Thursday before cutting losses and turning positive as the dollar wavered and British Prime Minister Liz Truss defended the government's economic plans. Truss said big tax cuts were the right path for Britain and refused to consider reversing the so-called "mini budget" laid out last week, which triggered chaos in markets. Adam Cole, head of foreign exchange strategy at RBC Capital Markets, said the driver in the market was the dollar, which picked up in Asian trading but later fell back.

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29 Sep, 2022 / 13:51

* Canadian dollar weakens 0.5% against the greenback * Canadian GDP rises 0.1% in July * Price of U.S. oil increases 0.6% * Canadian bond yields rise across curve TORONTO, Sept 29 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursday as a relief rally in global financial markets lost momentum and despite higher oil prices and data showing surprising growth in Canada's economy in July. Investors pedalled into another cycle of selling as the U.S. dollar tightened its stranglehold on currency markets, recession fears sapped stocks and bonds suffered more interest rate pain. The Bank of England's move to support the bond market had triggered a rally in financial markets on Wednesday after they were hammered in recent days by the fiscal policy of Britain's new Prime Minister Liz Truss.

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29 Sep, 2022 / 13:49

Tunisia’s dinar currency has fallen to a record low versus the dollar, central bank data showed on Thursday, a decline that threatens to erode Tunisia’s foreign currency reserves and will increase inflationary pressures. Tunisia’s annual inflation rate rose to 8.6% in August, the highest level in nearly three decades. The dinar traded at 3.309 against the dollar on Wednesday down by 17.5% from a year ago, the central bank said.

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29 Sep, 2022 / 13:35

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

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29 Sep, 2022 / 12:32

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

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29 Sep, 2022 / 11:55

(Bloomberg) -- Yuan bears are on the prowl, emboldened by a belief that policy makers in China can do little to battle the surging dollar.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneNord Stream Gas Leaks May Be a New Disaster for the ClimateThe UK’s Crisis of Confidence Was Years in the MakingThe yuan strengthened on

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29 Sep, 2022 / 10:58

How investors reacted the prime minister's comments on the airwaves.

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29 Sep, 2022 / 10:52

Sterling fell as much as 1% on Thursday before cutting some of its losses, as the dollar wavered and British Prime Minister Liz Truss defended the government's economic plans that have contributed to the drop in the pound. Truss said big tax cuts were the right path for Britain and refused to consider reversing the so-called "mini budget" laid out last week, which triggered chaos in markets. Adam Cole, head of foreign exchange strategy at RBC Capital Markets, said the driver in the market was the dollar, which picked up in Asian trading but later fell back somewhat.

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29 Sep, 2022 / 10:46

What to watch in markets on Thursday, September 29, 2022.

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29 Sep, 2022 / 10:00

Invesco Chief Global Market Strategist Kristina Hooper joins Yahoo Finance Live to discuss central bank policy, bond yields, and the Bank of England's recent course of action.

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28 Sep, 2022 / 19:38

The U.S dollar's strength against other currencies is wreaking havoc in markets around the world and sending equity prices lower.

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28 Sep, 2022 / 13:31

Yahoo Finance's Jared Blikre breaks down the latest moves in the markets as bitcoin and cryptocurrencies advance.

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27 Sep, 2022 / 15:33