The UK needs as much as £70 billion ($94.5 billion) of investment in its power grid by early next decade, with delays to upgrading aging infrastructure threatening to add billions of pounds to customer bills.

Peru left borrowing costs unchanged for a 12th straight month as policymakers bet that the recent inflation spike will prove temporary.

US average diesel price passes $6 a gallon for the first time, GasBuddy says Reuters

SoftBank Group’s recent rally exposes risks for investors with short positions that have risen to a one-year high.

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.

China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.

What Washington can do to stop starvation.

Philip R. Lane: Diversity at the European Central Bank

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

Initial effects of the technology on employment look positive