Poundworld in Bristol, England: by Friday afternoon, sterling had slumped 0.9 per cent versus the euro to £1.138. Photograph: Matt Cardy/Getty Images

Sterling tanked on Friday as disappointing UK growth figures forced investors to question the likelihood of a Bank of England interest rate hike next (...)

Republican US presidential candidate and businessman Donald Trump waves  to supporters

Donald Trump’s vow to round up and deport all of America’s undocumented immigrants if he is elected president could shrink the economy by around 2 per(...)

Federal Reserve chair Janet Yellen has pushed for a rise in interest rates as wages rise and inflation heads for 2% target. Photograph: Reuters/Joshua Roberts
US jobless rate drops sharply

The US jobless rate dropped sharply in August, confirming the continued resilience of the economy and setting up the US Federal Reserve for a pivotal (...)

Satya Nadella, Microsoft Corp chief executive, attends an event in New York in May. The pay equity issue hit the headlines and social media last week when Nadella suggested women in tech shouldn’t ask for pay raises but should instead trust the system and rely on “karma” to get what they deserve. Photograph: Reuters

A well-known picture in tech circles, taken in 1978, shows the first 11 employees at Microsoft. Two are women. One of them left two years later after (...)

A sign outside the headquarters of JP Morgan Chase  in New York. Photograph: Mike Segar/Reuters

Propelled by a soaring stock market, the median pay package for a CEO in the US rose above eight figures for the first time last year. The head of a t(...)

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