Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

Regions Bank for a second time in a decade was found charging illegal overdraft fees in a settlement that will require the bank to repay $141 million to customers plus $50 million in fines

Bond markets around the world are relaxing after London’s central bank pledged to do whatever’s needed to restore calm in its financial markets

The Bank of England has moved to halt a slide in British government bonds that posed a “material risk to U.K. financial stability” after political leaders’ plans to slash taxes and increase borrowing spooked investors and sent the pound tumbling

The International Monetary Fund has urged the U.K. government to “reevaluate” a package of unfunded tax cuts that it says may fuel inflation and are likely to increase economic inequality

U.S. consumers grew more confident for the second month in a row as gas prices continued to fall

The Bank of England has sought to reassure financial markets after the British pound touched an all-time low against the U.S. dollar, but its entreaty has fallen flat for investors concerned about the government's sweeping package of tax cuts

The head of the European Central Bank says the economic outlook “is darkening” and she expects business activity to “slow substantially” in the coming months as high energy and food prices pushed up by the war in Ukraine sap consumer spending power