Rishi Sunak has become Britain’s third prime minister of the year
Former British Treasury chief Rishi Sunak is frontrunner in the Conservative Party’s race to replace Liz Truss as prime minister
Several British lawmakers are jockeying to become the country’s next leader following the implosion of Liz Truss’ historically short-lived government
British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority
Stocks rose in morning trading on Wall Street as markets continue an unsteady search for direction amid more mixed news on company earnings
The government of British Prime Minister Liz Truss is teetering on the verge of collapse, just hours after she vowed to keep governing
British Prime Minister Liz Truss is set for a House of Commons grilling as she tries to fend off calls to quit over her botched economic plan
Britain’s new Treasury chief will announce details of his tax and spending plans, two weeks ahead of schedule, in a bid to calm markets roiled by the government’s economic policies
Stocks fell on Wall Street as investors weighed the latest updates on the outlook on inflation, consumer spending and corporate earnings
British media say Treasury chief Kwasi Kwarteng has left the government, ahead of an announcement by Prime Minister Liz Truss on changes to an economic package that sparked market turmoil