Bank of England raises rate to 4%, first hike since 2023
Eight policymakers backed a quarter-point increase. The lone dissenter wanted a larger rise, while the bank kept future moves conditional.
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Eight policymakers backed a quarter-point increase. The lone dissenter wanted a larger rise, while the bank kept future moves conditional.
Revenue rose 32% and Chime reported a GAAP profit. Platform-related revenue grew 52%, compared with 22% growth in payments.
CVS Pharmacy would become a separate public company, while Aetna, Caremark, specialty pharmacy and care-delivery businesses would remain together.
October's ISM report shows slower new-order growth alongside rising purchasing costs, delivery delays and a modest improvement in the employment index.
The USDC issuer's results separate token-sale revenue from reserve income and payment activity. Circle also disclosed costs tied to an approximately 5% staff cut.
Monthly auctions will continue as new 7-year securities move to a quarterly cycle. Treasury also revised its wording on future auction sizes.
Voter polling links the Democratic sweep to dissatisfaction with Trump's economic policies despite growth. Health care and tariffs loom as early tests.
Rental-sector transactions lift the headline reservation rate, but underlying private bookings soften.
Tire profitability supports higher continuing-operations forecasts, while ContiTech follows a different trajectory.
The manufacturer separates underlying operations from a fourth-quarter restructuring impact as it accelerates its transition.