Europe

Nigel Farage on Theresa May, U.K and U.S. politics.

Banks and brokers have taken a beating this year but those fortunes could soon change.

Banks and brokers have taken a beating this year but those fortunes could soon change.

Theresa May will take over the job of British prime minister from David Cameron on Wednesday after a series of political shocks caused by Britain's vote to leave the European Union.

The Bank of England is expected on Thursday to cut its benchmark interest rate to a new low, or at the least send a strong signal that a cut is imminent, in a further step aimed at cushioning the U.K. economy after voters' decision to exit the European Union.

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Interior minister Theresa May is set to become Britain's prime minister on Wednesday with the task of steering its withdrawal from the European Union after her only rival abruptly pulled out.

Interior minister Theresa May is set to become Britain's prime minister on Wednesday with the task of steering its withdrawal from the European Union after her only rival abruptly pulled out.

Stocks are hitting new highs but so are bonds....

Stocks are hitting new highs but so are bonds....

The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave investors confidence that the U.S. economy was on stable footing and stocks rallied to near-record high levels.

As many reassess their portfolios in a post-Brexit world, investors may want to consider opportunities in the emerging markets and related exchange traded funds.