Economic historians usually are mistaken when looking at the causes of the Panic of 1857. Douglas E. French sets the record straight.

Bank of England Governor Andrew Bailey has warned for months that UK firms may start to trim jobs. That trend’s now showing up under his own roof, as the bank embarks on a sweeping reorganization ...

A woman who used a 529 college savings plan to pay for her undergrad and graduate education says she was blindsided when her parents recently demanded she pay them back the full $114,000, money she ...

Paper money, which has its roots in the promissory notes of Carthage, China and the Roman empire, was first issued as ...

The £1 note was issued in 1823 a year before the bank went bust in an era when the prosperous fishing trade was declining - ...

A bank note from Burnley, which dates to the late 1800s, is set to go under the hammer later this month. Stanley Gibbons Baldwin’s auctioneers, who are based in London, will list the note on January ...

The creation of the Fed was a response to a series of financial crises in the late 19th and early 20th centuries that often left rural Americans without any access to bank notes at all. The Securities ...

“Always predict what a central bank will do, not what you think it should do.” It sounds obvious, but this well-worn mantra is severely testing UK economists right now as we try to forecast the Bank ...

LONDON, Dec 18 (Reuters) - The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow ...

The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025. Its the fourth cut of the year and was widely expected. Economists diverge on how many more ...

The Bank of England cut its key interest rate Thursday while the European Central Bank held steady, as a period of more stable borrowing costs sets in across the continent. The U.K.’s central bank ...