Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Interest Rates

Mortgage rates just hit their highest since 2002

The average cost of a 30-year fixed-rate mortgage jumped to 7.09% this week, the highest in over two decades. Rising interest rates have put homes out of reach for many would-be buyers.

WEKU

Which Financial Stock Is More Fiscally Responsible to Own: SoFi Technologies, Inc. (SOFI) vs. Manhattan Bridge Capital (LOAN)

While the rising interest rates should boost profit margins in the financial industry, let us analyze which of the leading financial stocks SoFi Technologies and Manhattan Bride Capital, is the more fiscally responsible stock to own.

StockNews.com

Japan has gone its own way on fighting inflation – can NZ learn from a global outlier?

Like most countries over the past three years, New Zealand has tried to manage inflation by increasing interest rates. Japan, on the other hand, has taken a different tack – with clear success.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

UK inflation rate tumbles sharply but recession still looms, economists warn

Experts warn slump in economy could soon overtake cost of living as main worry for UK

The Independent UK

UK economy faces 'very real risk' of recession despite inflation slowing, experts say

ECONOMISTS have warned that the UK faces a “very real risk” of recession due to higher interest rates - despite inflation slowing to its lowest…

The National (Scotland)

Is Loews Corp. (L) a Better Buy Than Berkshire Hathaway (BRK.B)?

The insurance industry shows significant potential in its property and casualty segment. Given this backdrop, let’s delve into a comparative analysis of insurance stocks Berkshire Hathaway (BRK.B) and Loews Corporation (L) to ascertain which one of these could be a better buy now. Read on….

StockNews.com

Stock Market Today: China Woes Weigh on Stocks; Homebuilders Get a Buffett Boost

The major market indexes closed lower on Tuesday after China unexpectedly cut several key interest rates.

Kiplinger

Read news from The Economist, FT, and more,
with one subscription

PM Modi announces new scheme to help urban poor build houses

PM Modi said that if the weaker section wants to build their own houses, the government will assist them with a relief in interest rates and loans from banks that will help them save lakhs of rupees

The Hindu

Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month

Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department.

Chicago Sun-Times

Turkey: are we witnessing the end of Erdoğanomics?

Is the tide finally turning for Turkey? Three months after the re-election of Recep Tayyip Erdoğan for his third term as president, which many feared would lead to economic chaos, ratings agency Moody’s has indicated that Turkey’s credit rating is on course for an upgrade.

The Conversation

Russia’s central bank hikes interest rates by 3.5 percentage points as rouble falls

Emergency decision is intended to halt slide after currency dropped to weakest point in almost 17 months

The Guardian - UK

Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

Companies that don’t typically have easy access to public capital markets like large corporates do are getting creative.

Fortune

Could Supplemental Income Strategies Work for Your Retirement?

Financial tools that are sheltered from swings in the markets or take advantage of rising interest rates could help see you through your golden years.

Kiplinger

Wages rising at fastest pace since records began, while unemployment unexpectedly up

The news will almost certainly encourage the Bank of England to raise interest rates even further

Evening Standard

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid

Yieldstreet owns around 700 homes. But it hasn't bought any homes in 2023.

Barchart

Dollar Rallies on Higher Bond Yields and a Weak Yuan

The dollar index (DXY00 ) Friday rose by +0.36% and posted a 5-week high. The dollar moved higher Friday after the stronger-than-expected U.S. Jul PPI report boosted bond yields and bolstered speculation the Fed may raise interest rates higher and for longer. The dollar also garnered support from Friday’s slide...

StockNews.com

Should Citigroup (C) Be on Your Watchlist This Week?

With no rate cuts expected this year, banks’ net interest income (NII) should increase due to the high-interest rates. However, macroeconomic challenges continue to pose a significant risk for banks. Amid this backdrop, will adding Citigroup (C) to your watchlist be wise? Read on to learn my view….

Evening Standard

City bets on fresh Bank of England interest rate hike as GDP leap beats forecast

The interest rates outlook will become clearer when the ONS reveals the latest wages and inflation data next week

Get all your
news in one place.

100's of premium titles.
One news app.

WEKU

Why the sell-off in bond markets could impact you

The bond markets are being hit hard by the Fed's aggressive rate hikes and recent events including a downgrade of the country's ratings. These are three ways in which that could impact the U.S.

The Week

Interest rates: more ‘trauma’ for households

“If it isn’t hurting it isn’t working.” That was the message from then-chancellor John Major in 1989 during a previous period when interest rate rises were used to tackle high inflation, said Larry Elliott in The Guardian.

The Guardian - AU

Philip Lowe’s final inquisition leaves out some tough questions

More scrutiny of the outgoing RBA governor’s views on interest rates, profit-gouging and rent controls would have been welcome at his final appearance before parliament

Kiplinger

Are CDs a Good Investment in 2023?

Rising interest rates have given a lift to CD rates, making these higher-yielding savings accounts appealing to investors.

Kiplinger

July CPI Report: What the Experts Are Saying About Inflation

Inflation continues to ease, leaving the Fed on track to keep interest rates unchanged at its next meeting, experts say.

The Hindu

Chief Minister Jagan Mohan Reddy stresses need for improving the functioning of DCMS in Andhra Pradesh

We need to support the farming community and women’s self-help groups by extending them loans at low interest rates and handholding them in their activities, says Chief Minister Jagan Mohan Reddy

Fortune

Callable CDs offer higher APYs but they come with greater risk

Callable CDs offer higher APYs than traditional CDs but it comes with greater risk.

1 … 141 142 143 144

People

Dipanjan BanchurSince

Sristi Suman JayaswalThe

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.