Europe

The Bank of England kept interest rates unchanged on Thursday, surprising many investors who had expected the first cut in more than seven years.

The Bank of England is set to cut interest rates for the first time in more than seven years as it tries to cushion the economy from the shock decision by voters to pull Britain out of the European Union.

The Bank of England is set to cut interest rates for the first time in more than seven years as it tries to cushion the economy from the shock decision by voters to pull Britain out of the European Union.

Global equity markets through the first half of 2016 were, in a word, resilient. Here's what to expect in the back half of the year.

Nigel Farage on Theresa May, U.K and U.S. politics.

Nigel Farage on Theresa May, U.K and U.S. politics.

Banks and brokers have taken a beating this year but those fortunes could soon change.

Banks and brokers have taken a beating this year but those fortunes could soon change.

Theresa May will take over the job of British prime minister from David Cameron on Wednesday after a series of political shocks caused by Britain's vote to leave the European Union.

The Bank of England is expected on Thursday to cut its benchmark interest rate to a new low, or at the least send a strong signal that a cut is imminent, in a further step aimed at cushioning the U.K. economy after voters' decision to exit the European Union.

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.