The Latest Breaking News from Interest Rates

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2019 through 2022, while low interest rates made it easier for households to pay their debts

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…

Most forecasters do not expect a cut for another year

City experts expect the headline inflation rate to dip to 6.6%, the lowest rate since February 2022: the month Russia invaded Ukraine.

The “Shark Tank” star sold her property business for $66 million in 2001.

Americans kept spending in September at a solid pace even as they grappled with higher prices and interest rates

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

With the list of headwinds for the stock market, from high interest rates to geopolitical concerns in the Middle East, investors hope that soon-to-be-released third-quarter earnings results from the mega-cap technology companies will boost market sentiment. The biggest U.S technology companies have slashed thousands of jobs and reduced costs, and...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.97%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...