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of england andrew bailey dismissed any hopes of an interest rate cut in the near term. speaking at a conference hosted by the central bank of ireland in dublin earlier today, bailey said that its "too early" to talk about a rate cut, given the continued risk of inflation. also today the international monetary fund warned that rapid wage growth in the eurozone will also keep inflation higher for longer. the imf urged the european central bank to hold interest rates at or near record hig...

Early moves in U.S. financial markets on Wednesday indicated some aversion to riskier assets as investors assessed the impact of the surprise downgrade.

US stocks fell steeply on Tuesday as investors grew fearful that the turmoil in the banking sector has not been contained, and ahead of a key policy decision from the Federal Reserve.

In the early hours of trade, SGX Nifty was lower by 32 points, or 0.18%, thereby pointing to a negative opening for the market

Swedish electric vehicle company Polestar -- founded by Volvo and Zhejiang Geely Holding -- is starting trading on the Nasdaq today, June 24, following a special purpose acquisition company merger....

Jurors. et si both pricing their ipos at the top of the expected range. they start trading on the nasdaq today. two-thirds of people worldwide now have a bank account. thats due partly to widespread adoption of things like digital payments. still 2 billion people remain unbanked. >> interesting. sports action for you. begin with hockey. game one of the playoffs. game of the night. black hawks, predators. in the second period the hawks switch goallies and the predators could not get anything past...

facebook at $100 billion. the most valuable company ever at the time of its initial public offering. and more valuable than citi or mcdonalds. millions hoping it will help them boost their bottom lines this morning. dan simon is live at the facebook mothership in menlo park, california, where workers are marking the occasion by working all night long. seriously, dan, whats up with that? >> its 2:00 in the morning here and were wide awake. theyre having a hack a thon, an opportunity for...

kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. hes providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washing...

kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. hes providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washing...

Good morning. >> good morning, willie. all eyes on apple stock when it resumes trade on the nasdaq today. we saw the stock track at an all-time high. it does have a long way to fall. steve jobs is taking a leave of absence for medical reasons, based on that we saw a fall in the european markets of 6% to 8%. as you mentioned, steve jobs has stepped away from the top job before. handing the reigns over to coo tim cook who is seen as a safe pair of hands. this news coming at a time which is difficu...