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☆ 'Bridgerton' fans are praising the disability representation in season 3, including an 'autistic-coded' character
▼ + stars: | 2024-05-18 | by ( Olivia Singh | ) www.businessinsider.com time to read: +10 min

Read previewWarning: Spoilers ahead for "Bridgerton" season three, part one. Fans are lauding season 3 for its representation of people with disabilitiesZak Ford-Williams as Lord Remington on season three of "Bridgerton." — Michelle Birkby (@michelleeb) May 16, 2024Today is Global Accessibility Awareness day and @bridgerton season 3 premier day. Francesca Bridgerton is autistic. Francesca isn't explicitly stated as being on the autism spectrum in Julia Quinn's 'Bridgerton' novels or on the TV seriesHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton."

Persons: —, Penelope Featherington, Nicola Coughlan, Colin Bridgerton's, Luke Newton, Francesa Bridgerton, Hannah Dodd, Francesca, Dodd, Jess Brownell, Zak Ford, Williams, Lord Remington, Dolores Stowell, Kitty Devlin, Queen Charlotte, Golda Rosheuvel, Dolores, Lady Stowell, Sophie Woolley, Penelope, Colin ., Whistledown —, Michelle Birkby, — Chanel 🏒, emington,, ady, ord, J, ady V, eason, ord J ohn, ong, ohn, tirling, ove, ike Organizations: Service, Business, Netflix, ust Locations: isible

☆ Lady Tilley Arnold is Benedict's new love interest on 'Bridgerton' season 3 — here's what to know about her, and if she's in the books
▼ + stars: | 2024-05-17 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Benedict Bridgerton has a new love interest on season three of "Bridgerton" — a widow named Lady Tilley Arnold who's in no rush to remarry but is enjoying the company of the titular family's second-born sibling. AdvertisementLady Tilley Arnold doesn't appear in Julia Quinn's Bridgerton book seriesHannah New as Lady Tilley Arnold on season three, episode three of "Bridgerton." Hannah New as Lady Tilley Arnold and Luke Thompson as Benedict Bridgerton on season three, episode three of "Bridgerton." Does Benedict Bridgerton end up marrying Lady Tilley Arnold? Hannah New as Lady Tilley Arnold and Luke Thompson as Benedict Bridgerton on season three, episode three of "Bridgerton."

Persons: —, Benedict Bridgerton, Lady Tilley Arnold who's, Hannah New, Benedict, Luke Thompson, Tilley, Julia Quinn's, Lady Tilley Arnold doesn't, Julia Quinn's Bridgerton, Lady Tilley Arnold, Liam Daniel, Netflix Lady Tilley Arnold isn't, Lord Hawkins, she's, Hawkins, Lady Hawkins, Tilley's, Charlotte's, Golda Rosheuvel, Eloise Bridgerton's, Theo Sharpe, Sophie Beckett, Jess Brownell Organizations: Service, Business, Netflix, TV Locations: Mayfair

☆ Treasury yields little changed as investors weigh state of the economy
▼ + stars: | 2024-05-17 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by less than one basis point 4.3788%. The 2-year Treasury yield was last at 4.7799% after dipping by just over one basis point. U.S. Treasury yields held steady on Friday as investors considered the state of the economy as they digested the week's economic data. Investors weighed the state of the U.S. economy and the path ahead for monetary policy after the latest economic data and comments from Federal Reserve officials. Fed officials in recent weeks have indicated caution when it comes to monetary policy plans, especially regarding interest rate cuts.

Persons: Dow Jones, Raphael Bostic Organizations: Treasury, Investors, Federal Reserve, Atlanta Fed Locations: U.S

CNN —The Israeli military announced Friday that it has recovered the bodies of three hostages from a tunnel in the Gaza Strip. The hostages were identified as Shani Louk, Amit Bouskila, and Itshak Gelernter, IDF spokesperson Rear Admiral Daniel Hagari said in a press conference in Tel Aviv. All three were killed while escaping the Nova music festival and their bodies taken into Gaza, he said. “They were celebrating life in the Nova music festival and they were murdered by Hamas,” he said. The IDF believed that of those 132 hostages, 40 are believed to be dead, including two who were taken in 2014.

Persons: Shani Louk, Amit Bouskila, Itshak Gelernter, Daniel Hagari, “, ”, Hagari, Benjamin Netanyahu, Sara, Louk, Netanyahu Organizations: CNN, Nova, Israeli Ministry of Foreign Affairs, IDF, Hamas Locations: Gaza, Tel Aviv, Israel, Cairo, Rafah

☆ Live updates: Israel-Hamas war, Rafah invasion looms as Israel battles Hamas in the north
▼ + stars: | 2024-05-16 | by ( Sophie Tanno | ) edition.cnn.com time to read: +1 min

Mostafa Alkharouf/Anadolu/Getty ImagesThe Israel Defense Forces (IDF) says that the operation in Rafah remains limited in scope, while it continues operating in two other parts of Gaza. The operation was aimed at locating tunnel shafts operated by Hamas and had recovered “ammunition of many types,” including anti-tank missiles. While a broader offensive has been long expected in Rafah, Israel is battling elsewhere in Gaza to prevent Hamas regrouping. Shoshani said operations were continuing in Jabalya, in northern Gaza, and in Zeitoun, in central Gaza. He said the deaths of five Israeli soldiers on Wednesday night in Jabalya – in Israeli tank fire - came amid fighting in a “dense, very complicated area.”

Persons: Mostafa Alkharouf, Nadav Shoshani, ” Shoshani, ”, Shoshani Organizations: Getty, Israel Defense Forces, IDF International, CNN, Hamas Locations: Gaza, Anadolu, Rafah, Israel, Jabalya, Zeitoun, Jabalya –

☆ Siemens posts industrial profit drop as automation division slows
▼ + stars: | 2024-05-16 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Karl-Josef Hildenbrand | Picture Alliance | Getty ImagesGerman technology giant Siemens on Thursday reported a drop in profit at its industrial business in the fiscal second quarter and said its automation division had slowed. The company's industrial profit came in at 2.51 billion euro ($2.73 billion) in the three months ending in March, down 2% from the same quarter last year. The figure was also below the company-compiled analyst forecast of 2.68 billion euro which was reported by Reuters. Net income fell to 2.2 billion euro in the three months to the end of March, down 38% year-on-year, while sales shed 1% to 19.16 billion euro. watch nowSiemens focuses on automation and digitalization and produces technology for a range of sectors such as transport and healthcare.

Persons: Karl, Josef Hildenbrand, Roland Busch, CNBC's Annette Weisbach, Busch Organizations: Getty, Siemens, Reuters Locations: Bavaria, Munich, London

☆ Taylor Swift's Eras Tour could give the UK economy a $1.2 billion boost
▼ + stars: | 2024-05-16 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +2 min

Taylor Swift performs during The Eras Tour at the National Stadium in Singapore on March 2, 2024. Taylor Swift's Eras Tour is set to provide a £997 million ($1.2 billion) boost to the U.K. economy, according to Barclays, which predicts fans will spend an average £848 to see the singer. Barclays' "Swiftonomics" report said the average amount spent on an Eras Tour ticket is £206. The bank also expects ticket-holders to splash out an average of £79 on official merchandise on the U.K. leg of the Eras Tour, which kicks off in June. Based on that total spend of £848 by nearly 1.2 million ticket-holders, across 15 nights at four stadiums, Barclays predicted that the tour will rake in £997 million.

Persons: Taylor Swift, Taylor, Elvis, Beatlemania, Peter Brooks, Swift, Beyoncé, Bruce Springsteen, Filip Andersson, — CNBC's Sophie Kiderlin Organizations: Barclays, Danske Bank, CNBC Locations: Singapore, That's, Stockholm, Sweden

☆ South Koreans compete to see who’s best at doing absolutely nothing
▼ + stars: | 2024-05-16 | by ( Sophie Jeong | ) edition.cnn.com time to read: +4 min

The annual Space-out competition, held on Sunday, finds who’s best at zoning out for 90 minutes without falling asleep, checking their phone or talking. Speed skater Kwak Yoon-gy takes part in the annual Space-out competition held on Sunday in Seoul. 26-year-old YouTuber Kim Seok-hwan zones out as he participates in the annual Space-out competition held on Sunday in Seoul. CNNThis year marks the tenth anniversary of the Space-out competition, founded by a visual artist, who goes by the pseudonym Woopsyang, after she suffered severe burnout. Charlie Miller/CNNSince the first Space-out competition was held in Seoul in 2014, it has expanded internationally, with contests taking place in various cities such as Beijing, Rotterdam, Taipei, Hong Kong and Tokyo.

Persons: who’s, Kwak Yoon, Charlie Miller, CNN “, ”, “, Kim Seok, ” Woopsyang, Kwon, Auguste Rodin, Auguste Rodin's, ” Kwon Organizations: CNN, Olympics Locations: Seoul, Beijing, Rotterdam, Taipei, Hong Kong, Tokyo, Korea

☆ A complete timeline of Joe Jonas and Sophie Turner's relationship
▼ + stars: | 2024-05-15 | by ( Olivia Singh | ) www.businessinsider.com time to read: +2 min

May 2024: Turner opens up about her divorce for the first time in an interview with British Vogue. While Jonas was photographed out and about with their kids, Turner was mom-shamed and accused of being a partier. "It hurt because I really do completely torture myself over every move I make as a mother — mum guilt is so real! The "Game of Thrones" actor praised Taylor Swift for letting Turner stay at her New York home for free. "Joe is a great father to our children and that's all that I can ask for."

Persons: Turner, Sophie Turner, Pascal Le Segretain, Louis Vuitton Turner couldn't, Joan, Jonas, you've, Taylor Swift, I've, she's, Joe Organizations: British Vogue Locations: Paris, New York

☆ Sophie Turner says split from Joe Jonas ‘were the worst few days of my life’
▼ + stars: | 2024-05-15 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Sophie Turner is now the happiest she’s been in “a really long time,” but she went through struggle to get there. In an interview with British Vogue, the “Game of Thrones” actress talked bout her split last year with singer Joe Jonas after four years of marriage. Turner was the subject of some negative headlines after their breakup, which painted her as a party girl and Jonas a the more responsible parent. “I mean, those were the worst few days of my life,” she told British Vogue. “Now that I’m back home, I’m actually the happiest I’ve been in a really long time.

Persons: Sophie Turner, Joe Jonas, Turner, Jonas, ”, “, Joan, you’ve, ’ ”, Joan ”, it’s, ” Turner, hadn’t, I’m, she’s, I’ve Organizations: CNN, British Vogue, I’m Locations: “

Here’s what we know so far about the escaped inmate, as a search involving hundreds of police officers enters its second day. ‘Well known’ to authoritiesMohamed Amra, nicknamed “La Mouche” or “The Fly,” is “very well known” to the French justice system having sustained a total of 13 convictions, according to Paris state prosecutor Laure Beccuau. It is understood that Amra had attempted to escape from Évreux prison two days prior to the ambush. So colleagues moved him to a disciplinary unit.”In an interview on French radio, Amra’s mother said she broke down crying when she heard about the deadly ambush. French Justice Minister Eric Dupond-Moretti told reporters that the incident was the first time a French prison employee has died while working since 1992.

Persons: Mohamed Amra, “, Laure Beccuau, Amra, Amra’s, Hugues Vivier, Beccuau, BFMTV, Emmanuel Baudin, ”, France’s, Christophe Petit Tesson, Gerald Darmanin, Eric Dupond, Moretti, Emmanuel Macron Organizations: CNN, Reuters, France’s RTL, Interpol Locations: Normandy, France, Rouen, Évreux, Paris, Marseilles, Marseille

☆ Treasury yields fall ahead of fresh consumer inflation figures
▼ + stars: | 2024-05-15 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 4.8061% after falling by over one basis point. U.S. Treasury yields were lower on Wednesday is investors considered the outlook for inflationary pressures and awaited the latest consumer price index data. The producer price index for April, which tracks wholesale prices, came in higher than expected on Tuesday. This comes ahead of the consumer price index for April which is expected to be released Wednesday. On an annual basis, inflation is anticipated to slow slightly to 3.4% from 3.5% in March.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Investors, Labor Department's Bureau of Labor Statistics, PPI, Core CPI

☆ Sophie Turner says Taylor Swift was 'an absolute hero' in the aftermath of her divorce from Joe Jonas
▼ + stars: | 2024-05-15 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +3 min

Read previewSophie Turner has confirmed the hunches of Swifties everywhere, praising Taylor Swift as a "hero" with a "heart of gold." In an interview with British Vogue published Wednesday, Turner discussed her nascent friendship with Swift. Gotham/GC ImagesSwift and Turner have known each other for years, though according to British Vogue, Turner "hadn't felt she was able to cultivate the friendship" — presumably because Swift dated Jonas as a teenager. "It was really surreal, like a fever dream," Turner told British Vogue. You are a good mum and you've never been a partier,'" Turner told British Vogue.

Persons: —, Sophie Turner, Taylor Swift, Turner, Swift, Joe Jonas, Taylor, I've, hadn't, Jonas, bander, Willa, Delphine, you've, it's, I'm Organizations: Service, Vogue, Business, British Vogue, TMZ Locations: New York City, British

☆ Forget U.S. stocks — UBS says Europe's are a better bet. Here's why
▼ + stars: | 2024-05-14 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesEuropean stocks are now more attractive than their U.S. counterparts, according to Swiss Bank UBS , with factors such as economic data, interest rates and earnings playing a key role. In a note entitled: "A U-Turn: Favouring Europe over US equities," the bank's strategists said European stocks excluding the U.K. now outrank the U.S. on its "regional scorecard." UBS outlined a number of reasons for its "U-turn," especially given U.S. markets tend to outperform European ones. Indicators tracked by the bank — such as purchasing managers' index (PMI) data — suggest an upside risk to European GDP, and a downside risk to U.S. GDP, the bank said. Some of Europe's central banks have already begun easing, and the European Central Bank is expected to do so as soon as June.

Persons: Michael M Organizations: New York Stock Exchange, Santiago, Getty, Swiss Bank UBS, UBS, U.S, European Central Bank Locations: New York City, U.S, Europe, Japan, Swiss

☆ Treasury yields dip as investors await key inflation data
▼ + stars: | 2024-05-14 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by less than one basis point to 4.4747%. The 2-year Treasury yield was last at 4.8400% after falling by over one basis point. U.S. Treasury yields fell slightly on Tuesday as investors awaited fresh inflation data and looked to remarks from Federal Reserve policymakers. Investors looked to fresh key economic data and comments from Federal Reserve officials, scanning them for hints about the path ahead for monetary policy. This is the first of two key inflation reports slated for the week, with the consumer price index for April being expected Wednesday.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, Investors, PPI, Dow, CPI

☆ Top baby names: Mateo’s popularity is growing
▼ + stars: | 2024-05-14 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +5 min

CNN —There’s a new arrival on the list of the most popular baby names in the US. Officials also pointed out that pop culture is having an impact on the list of baby names that are rising in popularity the fastest. In a news release Friday, the Social Security Administration credited a social media influencer for inspiring the trend. Influencer Kaeli Mae, shown here attending New York Fashion Week in February, says she was surprised to learn of her name's rising popularity. Curtis Bonds/NetflixKihm traces the name’s rising popularity back even earlier, to 2015, when NFL player Cam Newton named his son Chosen.

Persons: CNN —, Mateo, Benjamin, “ Mateo, ”, Sophie Kihm, Kihm, Liam, Olivia, “, it’s, Kaeli, Kaeli McEwen, Kaeli Mae, Influencer Kaeli Mae, Manny Carabel, McEwen, Nameberry, Alitzel, Chozen, Cobra Kai, Yuji Okumoto, Kai, Curtis Bonds, Cam Newton, Barbie, Ken Organizations: CNN, Social Security Administration, Social Security, New York, US Social Security Administration, Netflix, NFL Locations: United States

☆ Ukraine war live updates: Blinken visits Kyiv to boost morale as Ukrainian forces battle Russian onslaught in northeast border region
▼ + stars: | 2024-05-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Ukraine's security services on Monday said they had prevented "terrorist attacks" by alleged Russian agents in Kyiv that were meant to take place on May 9. Explosive devices were meant to be detonate in several locations in Ukraine's capital Kyiv, including shops, the country's security services said in a Google-translated Telegram post. Explosives were allegedly also meant to be installed in a car that was to be parked near a popular cafe, the security services said. Ukrainian security services used counter-intelligence to identify the man behind the planned attack, they said in another Telegram post. The alleged Russian agent had also planned an attack that was meant to take place in February, which was also thwarted by Ukrainian security services, they said.

Persons: — Sophie Kiderlin Organizations: Explosives, Ukraine's, Monday Locations: Russian, Kyiv, Ukrainian, Moscow

☆ This global stock could rally 140% on a hydrogen fuel boom, analyst says
▼ + stars: | 2024-05-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

WAH-FF 1Y line The number of hydrogen refueling stations, a key focus for Wolftank, has risen by more than 600% to 178 across Europe over the past decade. The company expects revenues from ongoing hydrogen projects to exceed 16 million euros in 2024, with projected figures for 2025 of around 18 million euros. "The company is seeing a great deal of customer interest in its hydrogen refuelling solutions," said Metzler analyst Guido Hoymann. Late last year, Wolftank was awarded a major hydrogen refueling station contract with a public transport provider near Lake Iseo in northern Italy. Last week, the company also revealed that it was awarded two further contracts totaling 6.7 million euros.

Persons: Metzler, Guido Hoymann, Wolftank, Patrick Speck, Miguel Lago Mascato, FactSet, — CNBC's Sophie Kiderlin Organizations: Wolftank, CNBC Locations: Austria, Europe, Germany, Italy, Lake Iseo, Emilia Romagna

☆ Treasury yields dip as investors look to key data this week
▼ + stars: | 2024-05-13 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by nearly 2 basis points at 4.485%. The 2-year Treasury yield was last at 4.844% after falling by more than 2 basis points. U.S. Treasury yields fell slightly Monday as investors looked to key inflation data and comments from Federal Reserve officials slated for the week. Investors awaited key economic data due this week, including April's consumer price index, which is expected Wednesday and will provide fresh insights into whether consumer inflation is easing or sticky. April's producer price index, which tracks inflation on a wholesale level, is also due this week.

Persons: Dow Jones Organizations: Treasury, U.S, Federal Reserve, University of Michigan Survey

☆ Displaying art in your home? Here are some do's and don'ts
▼ + stars: | 2024-05-13 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Andreas Von Einsiedel | Corbis Documentary | Getty ImagesThere are two common mistakes people make when hanging art in their homes, according to art consultant Louisa Warfield. People sometimes make the mistake of hanging artwork too high, according to art consultant Louisa Warfield. Louisa Warfield Art ConsultancyA guideline is to hang the work so that its center is about 150cm above the floor, Warfield said. Louisa Warfield Art ConsultancyIn a large home, a gallery wall might be about 160cm in height and about the width of the couch the art will hang above, Warfield said. Art collector Helen Sunderland Cohen said she aims for a "harmonious and balanced" environment when it comes to playing art.

Persons: Louisa Warfield, Andreas Von Einsiedel, Warfield, it's, David Price, Rachael Harding, —, Louisa Warfield's, Sophie Carter, Yoko Kloeden, Helen Sunderland Cohen, Yinka Shonibare, Aimee Parrott, Prunella Clough, Simon Bejer, Sunderland Cohen Organizations: CNBC, Sunderland, City & Guilds School of Art Locations: British, Nigerian, London

☆ Drake and Kendrick Lamar could sue each other for defamation over accusatory slurs exchanged in their diss tracks, says lawyer
▼ + stars: | 2024-05-12 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +7 min

In a bitter public feud, hip-hop stars Drake and Kendrick have exchanged personal slurs. Since March, the two have traded increasingly personal and aggressive diss tracks. AdvertisementAfter weeks of the bitter public feud between Drake and Kendrick Lamar finally looks like it's over — or at least dying down. And the rap stars didn't hold back trading a series of increasingly aggressive and unpleasant diss tracks. Ultimately, it seems unlikely that either rapper will end up suing for defamation over the slur-laden diss tracks.

Persons: Drake, Kendrick, —, Kendrick Lamar, Lamar, Cole, didn't, Taylor, J, Prince Williams, Arturo Holmes, Matt Ford, Kendrick's, Daliah, Lamar —, Sapar, defamers, Saper, …, Harvey Weinstein, Adonis, Sophie Brussaux, that's, They're, It's Organizations: Service, Metro, The Met Museum, New, Saper, intel Locations: LA, New Republic

☆ Live updates: Israel-Hamas war as Rafah invasion looms
▼ + stars: | 2024-05-11 | by ( Sophie Tanno | Amarachi Orie | ) edition.cnn.com time to read: +1 min

The Israeli military has ordered the immediate evacuation of several more neighborhoods in eastern Rafah as the Israeli military steps up its operations in the southern Gazan city. “They (Israelis) told us to leave the area in the morning,” one woman in al-Shabora, Rafah told CNN without giving her name. It comes as thousands of Gazans continue to flee Rafah after the Israeli military issued a call Monday for residents in the municipality of Al-Shawka and in the Al-Salam, Al-Jeneina, Tiba Zaraa, and Al-Bayouk neighborhoods in the Rafah area to "evacuate immediately." Israel has ordered Palestinians to leave to Al-Mawasi, a coastal town near the city of Khan Younis, where an “expanded humanitarian area” has been created. Satellite images obtained by CNN have shown that Israel’s current attacks in Rafah havedeveloped from airstrikes to ground operations.

Persons: “, Salam, Tiba Zaraa, Israel, Khan Younis Organizations: People, IDF, Israel Defense Forces, Spokesperson's, CNN Locations: Rafah, Gazan, al, Al, Khirbet Al, Shabora, Khan, ”

☆ The U.S. is now Germany’s biggest trading partner — taking over from China
▼ + stars: | 2024-05-10 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty Images)After years of China being Germany's main trading partner, the U.S. looks like it's quietly taking that top spot as the year progresses. Several factors played a role in the change, Carsten Brzeski, global head of macro research at ING Research, told CNBC. […] At the same time, decoupling from China, weaker domestic demand in China and China being able to produce goods it previously imported from Germany (mainly cars) reduced German exports to China," he said. China has been Germany's biggest trading partner for years, but the gap between China and the U.S. narrowed in recent years. The U.S. has also long been a bigger market for German exports than China, Holger Schmieding, chief economist at Berenberg Bank, told CNBC.

Persons: Habeck, Christoph Soeder, it's, Carsten Brzeski, Holger Schmieding, China's, Schmieding Organizations: German, Getty, U.S, CNBC, Reuters, ING Research, Berenberg Bank Locations: Germany, China, U.S

☆ Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
▼ + stars: | 2024-05-10 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. Markets on Friday were pricing in an around 48% chance of a rate cut in June according to LSEG data, slightly higher than Thursday's 45% probability. "The broader message and the tone of the MPC were more dovish than we had anticipated," they said in a note published following the BOE's latest interest rate decision. The central bank on Thursday said it would leave interest rates unchanged for now, and stressed that a June rate cut was in no way guaranteed. Two members of the Monetary Policy Committee voted to cut rates, one more than at the central bank's previous meeting.

Persons: Andrew Bailey, Yui Mok, YUI MOK, BOE Organizations: England, Bank of England, The Bank of England, Getty, Swiss Bank UBS, MPC, Monetary Locations: London

☆ Europe markets set to open higher; UK exits recession
▼ + stars: | 2024-05-10 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: 1 min

European markets were set to open higher on Friday as positive momentum continued into the end of the week. The U.K. economy emerged from a recession, first-quarter gross domestic product data released Friday showed. GDP rose 0.6% on the previous three months — above the 0.4% estimate. The U.K. had entered a shallow recession in the second half of 2023. Investors also looked to the final earnings releases of the week, which include airline holding company IAG and investment bank Mediobanca .

Organizations: Investors Locations: U.K

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