Economic News
Dow Industrials plunges, volatility soars
The Dow Jones Industrials plunged by almost 1,500 basis points towards the close of the session on Monday, alongside a surge in volatility as investors rushed to take out protection against further drops in stocks.
Gender pay gap increases substantially after childbirth, study finds
Differences in hourly wages between men and women remain very high due to the gender differences in rates of full-time and part-time paid work after childbirth.
Bitcoin 'to fall to $5k' as banks ban card payments, China issues ban
Britain’s biggest bank has banned its customers from investing in cryptocurrencies with its credit cards, following moves from US banks last week, while China is planning to step up its regulation of the area.
Tuesday preview: BP, Ocado results in focus
BP's results will be of interest to the many investors who bought back into the oil major's rally over the past couple of years, while Ocado will face investors on the back of a brace of major international deals.
Jerome Powell takes oath as sixteenth president of the Fed
Jerome Powell has taken office as the sixteenth president of the US Federal Reserve on Monday and takes over from Janet Yellen.
US services sector grows more than expected in January - ISM
Activity in the US services sector grew more than expected in January, according to figures released on Monday.
US Markit services PMI falls to 53.3 in January from 53.7
Growth in the US services sector slowed a little in January, according to final data released on Monday.
UK new car sales continue downward spiral in January
The new car market declined 6. 3% across the UK in January, with just 163,615 cars rolling out of showrooms in the first month of the year.
Services sector growth slows at start of 2018 to throw doubt on outlook
Growth from the UK's key services sector slowed at the start of the year, a survey on Monday showed, offering a contrasting message on economic growth after a prominent thinktank upgraded its forecast for gross domestic product.
Eurozone retail sales mixed at end of 2017
Eurozone retail volumes fell month-on-month at the end of last year, but rose as expected on a year-on-year basis.
Eurozone services sector surges as Germany, Italy and Spain impress
The eurozone services sector grew faster than expected last month as German firms performed more strongly than initially estimated, a survey showed on Monday.