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LONDON (AP) — Inflation in the U.K. held steady at 3.8% in the year to August, official figures showed Wednesday, a day before the Bank of England is widely expected to keep interest rates on hold. The Office for National Statistics found food and drink prices rose for the fifth month in a row, but airfares fell sharply after a big spike in July. Though inflation remains nearly double the Bank of England's target rate of 2%, most economists had anticipated a modest increase in August. Stubbornly high in ...

Microsoft has announced plans to invest $30bn in AI infrastructure and operations across the UK from 2025 to 2028. This initiative marks the company's largest financial commitment in the UK to date. It includes $15bn allocated for capital expenditures aimed at enhancing the nation's cloud and AI infrastructure. In collaboration with British company Nscale, Microsoft intends to construct the UK’s largest supercomputer, equipped with over 23,000 NVIDIA graphics processing units (GPUs). The investment aims ...

Matt Shapiro, a money manager for high net-worth clients, says disappointment over a Fed rate cut may offer a chance for investors to buy some "super companies.†...

Matt Shapiro, a money manager for high net-worth clients, says disappointment over a Fed rate cut may offer a chance for investors to buy some "super companies.†...

PresentationWe're back now with Alumis for a fireside chat. We have CEO, Martin Babler; and CFO, John Schroer for a fireside. Maybe I'll start off by sending it back to Martin for a quick company overview, and then we'll jump into the Q&A.Martin BablerPresident, CEO & Chairman Thank you, Alex. So we're Alumis. We are about a 4-year-old company. We're a precision immunology company with a focus on our lead asset being a TYK2 inhibitor. We have three clinical molecules and a research pipeline behind that. And ...

Good morning to you all. Jessica Mathews again, filling in for Andrew Nusca. Earlier this week, President Donald Trump wrote on Truth Social that companies should only have to report earnings twice a year—versus every quarter. “This will save money, and allow managers to focus on properly running their companies,” he wrote. “Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis???’ Not good!!!” The president is ...

MADRID and ATLANTA, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Job&Talent, a world-leading AI-powered workforce management platform, today announces a newly constituted Board of Directors to guide the company’s next phase of AI-driven expansion. The new board brings world-class expertise across technology, finance, and global operations, positioning the company for accelerated momentum following its successful Series F funding round earlier this year. Blending financial acumen with tech and global scaleThe Board co ...

Key Points Figma went public in late July. The stock has not done well outside of the first few trading days. Management will need to show investors what the next big growth trend is for it to be a viable investment option. 10 stocks we like better than Figma › Figma (NYSE: FIG) was one of the hottest IPOs on the market when it went public in late July. Although shares were initially intended to be offered to the public at around $33 per share, they quickly rose to more than $120 per share. Howeve ...

Getty Images Last week’s barrage of IPO activity continues this week with expected debuts from StubHub (STUB) and Netskope (NTSK). According to our IPO data, licensed from IPOScoop, six companies IPO'd last week, kicking off with the long-awaited debut from Swedish payments ...