The Latest Breaking News from Interest Rates

Higher interest rates and the end of property measures weakened housing developer sentiment, while the comeback of Chinese tourists boosted confidence, according to the Real Estate Information Center (REIC).

More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.

The SPDR S&P 500 ETF Trust traded higher Friday morning after the Labor Department reported low unemployment numbers above 3%.

Owning a home is still a cornerstone of the American dream for many, and a key way to build wealth. What happens when a pandemic and economic headwinds make that feel out of reach?

Shares have climbed in Asia following a rally on Wall Street, where investors bet that slow wage gains may augur a cooling of the inflation that has led the Federal Reserve to hike interest rates

The world economy looks to be transitioning to a more difficult era in which interest rates will be higher, geopolitical tensions greater and uncertainties more pronounced.

Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate.

A report set to be considered by councillors lays out the stark position

While inflation eased considerably for two consecutive months, the Fed signaled to keep raising interest rates through this year. The potential continuation of rate hikes has fueled recessionary concerns. Amid an uncertain macroeconomic backdrop, it could be wise to buy fundamentally strong stocks Merck (MRK), Biogen (BIIB), and MasterCraft Boat…