PORTRUSH, Northern Ireland – He thought he was prepared. Rory McIlroy had played before as a pro back home in Northern Ireland, and so he thought he knew what to expect. The reception was warm and pleasant and grateful. But he quickly came to understand that those were regular tour events, not majors. And so when he walked to the …
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Bank of England prepared to cut rates if job market slows, says governor
The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In an interview with the Times, Andrew Bailey said “I really do believe the path is downward” on interest rates. Interest rates currently stand at 4.25% and will be reviewed at the Bank’s next meeting …
Read More »America’s 10 strongest state economies prepared for recession
With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds of billions of committed investments across a variety of industries …
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