UK Consumers Cut Card Spending for First Time in Five Years

UK shoppers’ spending on their debit and credit cards dropped in 2025 for the first time since the pandemic, according to Barclays data that nevertheless showed people still willing to treat themselves with small luxuries and experiences. The bank said the value of...

Treasuries Volatility Set for Biggest Annual Drop Since 2009

A measure of US bond-market volatility is heading for its biggest annual decline since the wake of the financial crisis with the Federal Reserve’s interest-rate cuts dampening risks of an economic downturn. The ICE BofA MOVE Index, a gauge of expected bond-market...

Vanguard flips the script on 60/40 investment strategy

Vanguard’s new advice is for investors with a “medium-term” outlook, and it stems from growing fears about an AI bubble. Vanguard is singing a new tune for investors in 2026. It goes like this: Out with the standard portfolio mix of 60% equity and 40%...

Dollar Caps Worst Week Since June With Focus on Data Ahead

A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal Reserve interest-rate cuts in 2026. With trading subdued because of holidays this week and markets in the UK...