Business, General, News Europe markets close 1.3% lower after U.S. data, Bank of England cut; banks tumble 4.5% August 1, 2024 European markets closed lower on Thursday as investors processed a raft of central bank action and fresh U.S. economic data.
Bank of England warns of ‘sharp market correction’ if AI bubble bursts The Bank of England has warned that risk of a sharp market correction has increased, amid stretched AI-related valuations.
Jeju Air crash: Boeing falls 4% in premarket as South Korea orders B737-800 inspection “We will examine compliance with various regulations, including operational records, inspections, and maintenance conducted before and after flights.”
Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy Trump, as recently as Thursday, has talked up the consequences of the Supreme Court striking down his tariffs prior to…