ALBUQUERQUE, N.M. (KRQE) – The Albuqeurque-Bernalillo County Water Utility Authority is looking to raise water utility rates this summer. The last time water and sewer rates increase was in 2022. The proposal says the combined water and sewer bill for a typical single-family house using 5,000 gallons of water should go up a little more than []
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.
OTTAWA - Bank of Canada governor Tiff Macklem says central banks will make monetary policy decisions geared toward their own economies, which means some countries may begin cutting interest rates before others. Macklem made the comments while speaking to reporters on the sidelines of International Monetary Fund meetings in Washington, D.C. Friday. “We've all been resolute in our commitment to restore price stability, and we've matched those words with action that has helped us all bring...
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
Analysts expect S&P 500 profits to jump 8% in 2024 and 14% in 2025 after subdued growth last year.
Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. On the company’s most recent earnings call, an analyst asked D.R. Horton CEO Paul Romanowski how the nation’s rising housing market inventory—which in March 2024 was 24% higher than March 2023, although still 37.7% below March 2019—are impacting the nation’s largest homebuilder. Romanowski acknowledged that there’s more housing market inventory today than there has been in the...
Nevada’s largest holding facility reported an 11% mortality rate among wild horses in 2023, according to the American Wild Horse Conservation.
Geopolitical risk is the biggest threat to a prospective June rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.
Several ECB officials have made remarks about their expectations for interest rates in recent days.
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".