Bank of England Raises Rates to 4%The Bank of England (BoE) increased its benchmark interest rate by 25 basis points to 4.00% in November 2026, in line with market expectations. Eight members of the Monetary Policy Committee supported the decision, while Catherine Mann favored a larger 50-basis-point increase to 4.25%.
Five Sectors to Watch After US MidtermsThe 2026 US midterm elections have shifted the political balance in Washington, with Democrats securing control of Congress. The outcome introduces new considerations for investors, as a divided government could restrict parts of President Donald Trump's agenda and influence federal spending, regulation, and economic policy.
US Mortgage Rates Fall to 7.3%Mortgage rates are finally moving lower, but American homebuyers aren't rushing to take advantage.
Eurozone Inflation Reaches 4% in OctoberEurozone annual inflation rose to 4.0% in October 2026, compared with 3.8% in September, according to preliminary estimates. The reading marked its highest level since September 2023, remaining well above the European Central Bank's (ECB) 2% target.
Apple Revenue Hits Record HighApple reported better quarterly results, with revenue climbing 11.7% year-over-year to $114.5 billion. Strong iPhone sales and continued services growth supported the results, though overall revenue growth slowed compared with the previous two quarters.
ECB Holds Rates as Energy Risks GrowThe European Central Bank (ECB) kept interest rates unchanged in October. The deposit rate remains at 2.50%.
US Inflation Hits 3.6% as Spending GrowsAmerican consumers continued spending in September, but their incomes struggled to keep pace with rising prices.
Fed's Policy Outlook Raises QuestionsThe Federal Reserve held its benchmark interest rate at 3.75%–4.00% on October 28, 2026, in line with market expectations. However, Fed Chair Kevin Warsh's comments following the decision raised concerns about the central bank's communication approach and future interest rate policy.