Marketplace®

Daily business news and economic stories
Sep 26, 2022

Crash of British pound sends waves through the markets

The British government unveils a tax cut plan as its currency drops in value. We then look into what happens when you send hundreds of millions of dollars to the wrong people by accident.

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NEW YORK, NEW YORK - SEPTEMBER 23: Traders work on the floor of the New York Stock Exchange (NYSE) on September 23, 2022 in New York City. The Dow Jones Industrial Average has dropped more than 400 points as recession fears grow. (Photo by Spencer Platt/Getty Images)
NEW YORK, NEW YORK - SEPTEMBER 23: Traders work on the floor of the New York Stock Exchange (NYSE) on September 23, 2022 in New York City. The Dow Jones Industrial Average has dropped more than 400 points as recession fears grow. (Photo by Spencer Platt/Getty Images)

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The Team

Crash of British pound sends waves through the markets