Outgoing US President unveiled move in conjunction with Canadian Prime Minister Justin Trudeau.
There's a lot more to Donald Trump's pick for Secretary of State than his dealings with Russia's Vladimir Putin.
Precious metal futures take another nosedive as the strength of the dollar hammers market.
Pound loses ground against euro and dollar amid ongoing uncertainty surrounding Brexit negotiations.
Lloyds Banking Group £1.9bn purchase of MBNA was the most notable move in a lacklustre market.
The US dollar could become the strongest major currency in 2017 as interest rates look set to rise.
Yellen announced on 19 December that the current job market in the US was the strongest in nearly a decade.
Gold prices mounted a recovery run from Fed-driven lows while oil futures remained largely flat.
Yen gains ground against major currencies ahead of Bank of Japan's interest rate decision.
London shares edge higher at the start of what is expected to be a week of light trading volumes ahead of the Christmas break.
Australia's S&P/ASX 200 climbed as the country managed to retain its AAA credit rating, despite a budget deficit.
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BP post gains on the rising oil price, but fellow blue chip Micro Focus saw heavy falls.
Asian session started a marginal recovery in the commodities market which gathered momentum during European trading hours.
Dollar slips against the euro but analysts suggest the currencies are heading for parity in 2017.
Oil and gas giant Shell opts to buy electricity from a wind farm it holds a 50% stake in.
In China, policymakers are trying to curb capital outflows after the Fed decision.
Mining stocks fell across the board after a cut in interest rates by US Federal Reserve took its toll on metal futures.
In line with market expectations, the UK's central bank decides to maintain its asset purchase programme and interest rates at previous level.
Precious metals take an intraday hammering after US Federal Reserve raises benchmark rate by 0.25%.
Dollar index hits top level for 14 years as greenback posts heavy gains against major global currencies.
Sky stock prices have jumped 30% since News Corp bid £11.2bn for the remainder of the company.
The current macroeconomic climate demands a contrarian viewpoint when it comes to investing.
The Fed move marks the first rate increase in 2016 and the second in a decade.
The Dow Jones, which dropped by 118.5 points, was within reach of the psychological milestone of 20000.
Officials raised its target range from 0.25% to 0.5%.
Oil futures slid but precious metals recovered led higher by gold, ahead of US Fed's rate-setting meeting.
British Airways-owner IAG ended among biggest fallers after cabin crew voted in favour of possible strike.
Dollar lower across the board ahead of Fed meeting, which is expected to confirm a first rate hike in 12 months.
UK inflation was bumped up by rising fuel prices, British drivers should brace themselves for more.