The Latest Breaking News from Interest Rates

U.S. companies increased headcount at a relatively sluggish pace in August, according to a revamped private report that suggests hiring is downshifting in an economy buffeted by high inflation and rising interest rates.

We’ve rounded up ten financial updates to expect in September, as Brits prepare for a tough winter with the energy price cap confirmed to rise to £3,549 in October

Asian stocks are mixed after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated

Jerome Powell’s speech at Jackson Hole on Friday left little room for doubt or speculation regarding the upward trajectory of interest rates to control inflation. Since that also translates to extended pain for the stock market, it could be wise to invest in fundamentally strong stocks Birchcliff Energy (BIREF), Amplify…

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.

  Gold Sees Light at the End of the Fed’s Tightening Tunnel The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.

Due to high inflation, rising interest rates, increased borrowing costs, and recession fears, cruise shipping companies are struggling to keep themselves afloat. Given their weak fundamentals, Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are not well-positioned to survive the challenging macroeconomic environment, so we think these stocks are best…

The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance to hike the interest rates aggressively until inflation comes down to the target level is expected to keep the market…

Authorities in central China have announced the arrests of 234 people allegedly involved in a scam to bilk people out of their savings with the false promise of high interest rates