The pound falls again versus the dollar after the Bank of England says it’s monitoring financial markets following the currency’s slide to a record low

Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets.  The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday.    The pound fell by nearly 2% after the […]

Shopee rolls out spending caps for all employees, including economy-only flights and $30 meals, as the company braces for layoffs and financial trouble

Ecommerce giant Shopee is bracing for financial trouble. NurPhoto / Contributor / Getty images On September 15, Shopee CEO Forrest Li told employees the company would be restricting expense policies. Layoff conversations began September 19, affecting a low-single-digit percentage of Shopee employees. Shopee parent Sea Limited raised $ 6 billion in 2021, but now faces […]

People in Lebanon are holding up banks to withdraw their own money amid the country’s financial crisis

A Lebanese policeman stands guard next to a bank window that was broken by depositors on Wednesday, Sept. 14, 2022. Hussein Malla/Associated Press Two people in Lebanon staged bank holdups Wednesday, demanding money from their own bank accounts. One of them said she needed to withdraw money for her sister's cancer treatment. Banks in crisis-hit […]

‘This is Armageddon!’ Piers Morgan warns UK about devastating financial impact of COVID-19

Piers Morgan warned Britons that the economic impact of the coronavirus could be more devastating than the 2008 financial crash. The Good Morning Britain host told viewers that the COVID-19 pandemic was on a “completely different level” to the global crisis more than a decade ago. Financial Times Economic Editor Chris Giles agreed as he […]

Julianna Margulies’ Good Fight Stint Fell Apart Due to Differing Financial ‘Expectations,’ Per CBS All Access

RELATED STORIES Julianna Margulies‘ ill-fated Good Fight guest stint was a hot topic at the Television Critics Assoc. summer press tour, with CBS All Access’ top exec weighing in on the headline-making kerfuffle for the first time. Quick refresher: The Good Wife star was thisclose to reprising her Emmy-winning role of Alicia Florrick on spinoff series […]

Leaving Neverland: 'Jackson LIARS claim no financial interest but are SUING for MILLIONS'

It has been a highly-charged and divisive past few weeks. The HBO documentary caused a sensation with the most graphic and detailed accounts yet of alleged abuse committed by the superstar against two young boy. Now grown men, Safechuck and Robson say they are only motivated by a desire for truth and justice. The film’s director Dan […]