Sworn in only Tuesday, Trump ally Stephen Miran has wasted no time making his presence known on the Board of Governors of the Federal Reserve System.

The Fed cut rates by 25bps this week, lowering the target range to 4–4.25 percent. The statement marked a pivot from July. Then the Fed described labour market conditions as “solid.” Now it concedes ...

The FTSE 100 index closed up 19.74 points, 0.2%, at 9,228.11. The FTSE 250 ended up 106.14 points, 0.5%, at 21,725.95, and ...