Banks have already begun to take action to shift operations out of the UK, with the governor of France's central bank warning on Saturday that Britain's financial services were at risk of losing their right to operate across the EU.
President Barack Obama said Friday that the U.K. vote to leave the European Union would not change the “special relationship” the country has with the United States.
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
BERLIN Britain must quickly trigger the Article 50 clause that allows talks to start on its exit from the European Union, French Foreign Minister Jean-Marc Ayrault said on Saturday after a meeting of six European foreign ministers in Berlin.