The Bank of England (BoE) warned on Tuesday that the economic prospects for Britain have deteriorated since the start of the year, calling on the country’s lenders to set aside more capital to absorb shocks in the markets.

Natural gas prices in Europe rose to the highest level in almost four months on Tuesday as the continent’s energy crisis intensifies. Benchmark futures tied to TTF, the European wholesale gas price, jumped 8% to over $1,800 per thousand cubic meters or €175 per megawatt hour in household terms. That is the highest level since…

The Justice Department is suing the state over its requirement that voters prove they are US citizens The Biden administration filed a lawsuit against Arizona on Tuesday over a law requiring proof of citizenship to vote in the southwestern state. While voting as a non-citizen is illegal under US federal law, the Justice Department has…