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US stocks rise, dollar slides as investors digest Democrats’ midterm victories

Government bond yields fall while initial fears ease over impact of election results on world’s biggest economy US midterm elections – live updates After US midterms, what will lame-duck Trump mean for global economy? US stocks have surged as investors digest the Democrats’ victories in the midterm elections, lifted by hopes that Donald Trump’s turbulent policymaking would be restrained and shaking off initial fears about the impact on growth in the world’s largest economy. The Dow Jones rose close to 3%, its best day in over a year, while the tech-heavy Nasdaq and the benchmark S&P 500 gained

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Finance

US stocks rise, dollar slides as investors digest Democrats’ midterm victories

Government bond yields fall while initial fears ease over impact of election results on world’s biggest economy US midterm elections – live updates After US midterms, what will lame-duck Trump mean for global economy? US stocks have surged as investors digest the Democrats’ victories in the midterm elections, lifted by hopes that Donald Trump’s turbulent policymaking would be restrained and shaking off initial fears about the impact on growth in the world’s largest economy. The Dow Jones rose close to 3%, its best day in over a year, while the tech-heavy Nasdaq and the benchmark S&P 500 gained

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The Guardian view on EU ‘Made in Europe’ rules: a fatal blow to Brexiter delusions | Editorial

It is getting ever harder for Eurosceptics to deny that it was an economic and strategic blunder for Britain to leave the single market The EU is a constantly evolving institution. The rules keep changing and, since Britain is destined by geography to want a close economic relationship with the bloc, there will always be something to negotiate in Brussels. Most of those discussions over the past two years have been uncontroversial, except in the eyes of dogmatic Eurosceptics. That doesn’t mean the talks have been easy. They never are with a club of 27 nations. But later this month, at a summit

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Politics

The Guardian view on EU ‘Made in Europe’ rules: a fatal blow to Brexiter delusions | Editorial

It is getting ever harder for Eurosceptics to deny that it was an economic and strategic blunder for Britain to leave the single market The EU is a constantly evolving institution. The rules keep changing and, since Britain is destined by geography to want a close economic relationship with the bloc, there will always be something to negotiate in Brussels. Most of those discussions over the past two years have been uncontroversial, except in the eyes of dogmatic Eurosceptics. That doesn’t mean the talks have been easy. They never are with a club of 27 nations. But later this month, at a summit

The Guardian
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UK interest rates increase expected after services sector activity accelerates

Purchasing manager’s index at eight-month high, bolstered by spending on AI as firms regain momentum lost to Iran war The Bank of England is expected to raise interest rates on Thursday after a closely watched survey showed growth across the UK’s services sector leapt last month to an eight-month high, bolstered by spending on artificial intelligence. S&P Global’s survey of the services sector in October showed businesses regained much of the momentum they lost after the start of the Iran war, but also felt the impact of a renewed spurt of input price inflation, which accelerated to a five-mon

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Finance

UK interest rates increase expected after services sector activity accelerates

Purchasing manager’s index at eight-month high, bolstered by spending on AI as firms regain momentum lost to Iran war The Bank of England is expected to raise interest rates on Thursday after a closely watched survey showed growth across the UK’s services sector leapt last month to an eight-month high, bolstered by spending on artificial intelligence. S&P Global’s survey of the services sector in October showed businesses regained much of the momentum they lost after the start of the Iran war, but also felt the impact of a renewed spurt of input price inflation, which accelerated to a five-mon

The Guardian
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Campbell has full lower body movement after neck injury

Detroit Lions' Jack Campbell says he is optimistic about his recovery after being taken to hospital for a neck injury.

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‘It’s just vape shops, nail shops, charity shops’: can anything save the British high street?

It’s 20 years since Jo and Richard Hill bought anything in Rotherham town centre. Why have they and so many locals abandoned it for the nearest retail park – and what would it take to change their minds? On 22 May 1987, retail history was made in Rotherham. Parkgate Retail World, thought at the time to be the UK’s largest open-air shopping centre, welcomed shoppers for some one-stop retail therapy. The official opening was marked in swanky fashion with a “breathtaking” display from Marlboro’s red-and-white branded biplanes, followed by a “spectacular” laser show, the first in South Yorkshire.

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Finance

‘It’s just vape shops, nail shops, charity shops’: can anything save the British high street?

It’s 20 years since Jo and Richard Hill bought anything in Rotherham town centre. Why have they and so many locals abandoned it for the nearest retail park – and what would it take to change their minds? On 22 May 1987, retail history was made in Rotherham. Parkgate Retail World, thought at the time to be the UK’s largest open-air shopping centre, welcomed shoppers for some one-stop retail therapy. The official opening was marked in swanky fashion with a “breathtaking” display from Marlboro’s red-and-white branded biplanes, followed by a “spectacular” laser show, the first in South Yorkshire.

The Guardian
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Sheryl Crow reveals 'incredible' Welsh heritage

The nine-time Grammy winner recalled visiting Wales for the first time in about 1990 with her parents.

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Cocaine overtakes heroin as leading cause of drug deaths in England and Wales

The number of deaths linked to cocaine use in England and Wales has nearly quadrupled in a decade.

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Tributes paid to drummer with dozens of number ones

Amarillo singer Tony Christie says Clem Cattini was a "world class" musician and gentleman.

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The young politicians with African roots making history in the US midterms

For some young Africans, these victories offer a glimpse of what a new generation of voters could do at home.

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Leicestershire relegation confirmed after losing appeal

Leicestershire's relegation from Division One of the County Championship is confirmed after failing in their appeal against a points penalty.

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