Fed holds interest rates at a 23-year high

The bank says it wants confidence about inflation cooling before it starts cutting rates.

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Boeing chief admits 'serious challenge' ahead

The firm updates investors for the first time since the Alaska Airlines blowout.

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H&M chief quits amidst sales slowdown

The fast fashion firm saw slower sales recently, despite what is usually a busy Christmas period for retailers.

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Halifax: First-time buyers are joining forces to buy properties

New research by Halifax also shows that first-time buyers put an average deposit of £53,414 down last year.

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Number of companies going bust hits 30-year high

More than 25,000 firms went under last year in England and Wales, as they struggled with rising costs.

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UPS to cut 12,000 jobs after 'disappointing' year

The parcel delivery giant said it was looking for $1bn in savings, as AI makes up for the jobs.

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IMF warns UK government against further tax cuts

The International Monetary Fund suggests planned spending cuts for this year are unrealistic.

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