Bloomberg Business

BofA Says Hard Landing to Hit Stocks in Second Half

The delayed arrival of a US recession will weigh on stocks in the second half of the year, according to Bank of America Corp. strategists, who say a resilient economy thus far means interest rates will stay higher for longer.

Sunak Tells N. Ireland Parties of Major Brexit Deal Progress

Rishi Sunak told parties in Northern Ireland that significant progress has been made toward agreeing new post-Brexit trading arrangements for the region, though a deal with the European Union has yet to be finalized.

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