The Latest Breaking News from Interest Rates

A day after the Reserve Bank controversially raised interest rates, new data shows living costs are at an all-time high and businesses are contracting, prompting concerns a recession may be on the horizon.

Economies across the Middle East and Central Asia will likely slow this year as persistently high inflation and rising interest rates bite into their post-pandemic gains

Hong Kong (AFP) - Asian stocks were down on Wednesday following losses on Wall Street fuelled by fears of banking sector turmoil and jitters over interest rates.

How could it come up with that decision given what it said in April and the new data we have seen since then?

Electric vehicle upstart has just warned that it could very soon be forced to file for bankruptcy, because it would run out of the cash it needs to fund its operations.

Lordstown Motors has just warned that it could very soon be forced to file for bankruptcy, because it would run out of the cash it needs to fund its operations.

Hollywood is at a loss for words, as thousands of film and television writers go on strike for the first time in 15 years. Members of the Writers' Guild of America voted to walk out after failing to reach a pay deal – they say they're paying the price for…

“So you think the Reserve Bank board lacks ticker, Jim? You think the focus on getting inflation down needs to be sharpened? Well cop this.”

The dollar index (DXY00 ) on Tuesday fell by -0.22%. The dollar on Tuesday fell back from a 3-week high and posted moderate losses. Weaker-than-expected U.S. JOLTS job openings and factory orders reports knocked T-note yields lower and undercut the dollar. The dollar Tuesday initially rose on expectations for the...