The Fed's hot pause summer gets an ice bath: Interest rates rise again After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights WEKU · Jul 26, 2023
Fed raises interest rates to 22-year high as it continues to fight inflation US economy remains robust despite the 11 rate rises the Fed has implemented – its most aggressive rate-rising cycle in 40 years The Guardian - US · Jul 26, 2023
Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy The Independent UK · Jul 26, 2023
Up First briefing: Fed could hike rates; Threads under pressure; get healthy with NEAT The Federal Reserve is expected to announce it's raising interest rates. Voting groups want Threads to tighten its rules ahead of the election. A NEAT way to burn calories without working out. WEKU · Jul 26, 2023
Lloyds puts aside more than £400m for mortgage arrears as rates soar Bank says profits have fallen as interest rates and cost of living are ‘challenging’ for people and firms The Guardian - UK · Jul 26, 2023
Afternoon Update: inflation falls but food and rents still rising; 51 whales die in WA; and lower blood pressure with planks Rents nationally experience the biggest quarterly increase since 1988 as Deloitte suggests Reserve Bank lifted interest rates ‘too far’ The Guardian - AU · Jul 26, 2023
Where are Home Prices Headed for the Remainder of 2023 and Beyond? After peaking during the pandemic, housing sales have slowed but prices remain elevated. Where is the housing market headed? Barchart · Jul 25, 2023
CDs vs money market accounts: choosing the right savings account for you One bends, the other could break if you need fast access to your cash. Fortune · Jul 25, 2023
U.S. consumer confidence jumps to a two-year high as inflation eases U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates The Independent UK · Jul 25, 2023
UK interest rates need to stay higher for longer to beat inflation, says IMF US Fed will also have to raise rates more aggressively than forecast, says Washington-based body The Guardian - UK · Jul 25, 2023
Pound on worst run since March 2020 as weak economy curbs interest rate rises New report suggests British economy almost stalled in July as consumers limited spending The Guardian - UK · Jul 24, 2023
Scottish Labour warns home ownership will become unaffordable as prices soar The party was reacting to recent statistics revealed by the Office for National Statistics. The Independent UK · Jul 23, 2023
Tesla Extends Loan Duration Amid Rising Interest Rates Customers can now spread payments over longer period; but may end up paying more than car's actual value Zenger · Jul 22, 2023
Gold Rush: Unleashing the Potential of the Second-Strongest Seasonal Rally in the Gold Market In this article, we will delve into the intricacies of the Gold Rush, exploring its historical seasonal patterns and critical drivers for enhancing the odds of profits. If you're looking to capitalize on the gold market and make the most of this hidden gem, keep reading to unlock the secrets… Barchart · Jul 21, 2023
Fortune · Jul 21, 2023 America has avoided a recession. But don’t thank the Fed—thank the corporate sector, says top strategist "It is indeed a mad, mad world," says Société Générale's Albert Edwards. “What on earth is going on? Something very strange has happened…”
The Conversation · Jul 21, 2023 UK government wants to make pension pots bigger with riskier investments – but it faces big challenges The pension market in the UK has expanded to become the largest in Europe, worth over £2.5 trillion in 2021. Successive British governments have encouraged this growth, especially through the auto-enrolment scheme which made workplace pension contributions compulsory.
The Guardian - UK · Jul 21, 2023 London Underground strikes called off; UK government borrowing falls – as it happened Planned tube strikes next week called off after talks breakthrough; government borrows £18.5bn in June, third-highest June borrowing on record
Kiplinger · Jul 20, 2023 What Is the Par Value of Bonds? Understanding par value will help you determine the value of a bond.
AAP · Jul 20, 2023 Reserve Bank might be using sledgehammer to crack a nut Prominent economists say a broad range of economic policies are needed to tackle inflation with RBA rate hikes ineffective against key sources of inflation.
The Guardian - UK · Jul 20, 2023 If our government valued our public services, they’d pay for them Letters: Dr James Parkhurst opposes visa fees and NHS surcharges, Richard Murphy calls for fairer interest rates to meet pay demands, and Norman Gowar says the Tories can’t be surprised they’re losing NHS workers to the private sector
The Independent UK · Jul 20, 2023 US jobless claims fall again as labor market continues to flash strength Fewer Americans applied for unemployment benefits last week as the labor market continues to show fortitude in the face of higher interest rates
The Independent UK · Jul 20, 2023 Turkey hikes interest rates in another sign of economic normalcy. But markets expected more Turkey’s central bank has raised its key interest rate in another sign of commitment to a traditional path of battling inflation
Kiplinger · Jul 20, 2023 Auto Market Recovers Slowly but Deals Still Hard to Find: Kiplinger Economic Forecasts Understand how the auto market is slowly recovering as car inventory improves. Buyers have more options, but interest rates are still high.
Zenger · Jul 20, 2023 Tesla CEO Musk Uncertain About Global Economy As Interest Rates Threaten Car Affordability. Tesla warns of possible further price cuts on vehicles amid rising interest rates.
Evening Standard · Jul 20, 2023 IG’s revenue breaks over £1 billion helped by US expansion and income from rising interest rates Trading income slips as financial market conditions get more challenging but rising rates help offset it