Dollar bounces after hefty losses; sterling awaits budget announcement

Stripe revealed Thursday that it processed $1.4 trillion in total payment volume in 2024, a 38% year-on-year increase, as the company’s long-term investments in artificial intelligence (AI) and financial infrastructure continued to drive growth. The payments giant said in a press release that it now handles transactions equivalent to 1.3% of global GDP and is…

The upcoming NFP report will release two months of jobs data simultaneously, though the most important figure is for November. The jobs number for October is expected to be a loss of about 10,000 jobs, but this is largely ignored because it’s due to a technical issue: many federal workers who resigned had their departure…

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A rioter who punched a police officer in the face during violent unrest in Southport has been jailed for three years, in the longest prison sentence so far over the far-right disorder in England and Northern Ireland. Derek Drummond, 58, pleaded guilty to violent disorder and assaulting an emergency worker during a riot in the…