Europe

UK bans credit card surcharges for consumers

Retailers in the United Kingdom will soon be banned from charging customers an additional fee for using credit cards on purchases, British government officials said Wednesday.

Markets to Fed: Please leave us alone

Bond yields around the world have surged since the European Central Bank hinted last month that its bond buying was coming to an end, a replay of the "taper tantrum" in 2013 when the Federal Reserve caught markets off guard with similar plans.

Markets to Fed: Please leave us alone

Bond yields around the world have surged since the European Central Bank hinted last month that its bond buying was coming to an end, a replay of the "taper tantrum" in 2013 when the Federal Reserve caught markets off guard with similar plans.

Cautious Fed sends stocks to record highs, dollar dips

Global stocks scaled record highs on Friday, capping their best week in over two months as the dollar stayed close to nine-month lows, with bets on a gradual U.S. Federal Reserve rate hike path and hopes for a strong earnings season boosting risk appetite.

Shares, bonds rally as markets count on cautious Fed

World shares hit their fourth all-time high in less than a month on Thursday as investors wagered policy tightening in the United States would be glacial at best, lifting Wall Street to record peaks and lowering bond yields almost everywhere.