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The Latest Breaking News from Kathleen Brooks

Gold hits record high ahead of Trump’s tariff rollout

The precious metal hit a new record of more than 3,133 US dollars an ounce.

Evening Standard · Apr 1, 2025

Why are Trump supporters claiming he wants to crash the US stock market?

Some MAGA followers are spreading an unsubstantiated theory related to the cost of the US national debt.

Al Jazeera · Mar 17, 2025

Stock Markets Plunge On US Recession Fears

In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a U.S. recession. The Nasdaq was bogged down by retreats in the so-called Magnificent Seven tech stocks, which include Google parent Alphabet,…

International Business Times · Mar 11, 2025

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UK Economy Picks Up Ahead Of US Tariff Risks

Gross domestic product expanded 0.1 percent in the October-December period after zero growth in the third quarter of 2024, the Office for National Statistics (ONS) said in a statement.

Latin Times · Feb 13, 2025

BP shares jump after activist investor reportedly buys stake

The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.

Evening Standard · Feb 10, 2025

Bank of England expects to cut interest rates again after slashing growth forecasts – as it happened

UK central bank cuts interest rates, and warns growth will be half as fast as expected this year, sending pound sliding

The Guardian - UK · Feb 6, 2025

Markets partially recover after Trump delays Mexico tariffs

Mr Trump announced tariffs on Mexico, Canada and China, but agreed to pause the measure for Mexico after a call with the country’s president.

Evening Standard · Feb 3, 2025

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European markets set for heavy falls after Trump’s EU tariff warnings

It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.

Evening Standard · Feb 3, 2025

DeepSeek AI model sends shockwaves through US tech firms as stocks plunge

Chip maker Nvidia suffered the biggest ever one-day loss in market value for a Wall Street stock, after the emergence of Chinese firm DeepSeek.

Evening Standard · Jan 28, 2025

Pressure mounts on Reeves as Starmer refuses to guarantee future of her job

Sir Keir Starmer declined to say the Chancellor would remain in post until the election.

Evening Standard · Jan 13, 2025

Chancellor facing tough questions over fiscal rules as market woes deepen

Chancellor Rachel Reeves said over the weekend that her fiscal rules were ‘non-negotiable’.

Evening Standard · Jan 13, 2025

Government says ‘no need for emergency intervention’ in financial markets

Uncertainty over fiscal stability and wider global pressures caused sterling to weaken on Thursday.

Evening Standard · Jan 9, 2025

Markets ‘orderly’ despite soaring borrowing costs, says Treasury minister

It came as the pound slid to its lowest level since November 2023.

Evening Standard · Jan 9, 2025

Pound under further pressure as government borrowing costs keep rising

Sterling fell nearly 1% to just under 1.23 US dollars – its lowest level since November 2023.

Evening Standard · Jan 9, 2025

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The Guardian - UK · Sep 12, 2024

ECB cuts interest rate to 3.5% and warns of weak eurozone growth

European Central Bank makes 0.25-point cut as expected after eurozone inflation fell to 2.2% in August

International Business Times · Jun 10, 2024

Euro Knocked By European Vote Uncertainty

The euro recoiled Monday after a far-right surge in weekend EU polls sparked a general election in France, although analysts believe the single currency will remain resilient.

International Business Times · May 21, 2024

Platinum Loses Shine Amid BHP's Vast Anglo Bid

Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but…

The Guardian - UK · May 9, 2024

Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

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Evening Standard · Jan 25, 2024

Elon Musk loses $11bn from his fortune as Tesla shares tumble after profits fall

But he still remains the richest person in the world with a net worth believed to be above $200 billion

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