Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.
The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
first-quarter earnings rose 6%, but the bank said Friday that higher
Wind PPA prices continue to rise as ongoing inflationary pressures limit development and make some new projects unprofitable, according to LevelTen Energy.
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Britain’s FTSE 100 index reached a record high of 8,076 points early on Tuesday April 23 as hopes grew of cuts in the interest rate. This overtook the previous day’s 8,023 and outstripped February 20023’s record 8,0476 points. The City was counting on two interest rate reductions this year, with the first announced in August after […]
When analysing the outlook for equities, it can be useful to consider the assumptions financial markets appear to be pricing in. Historically we have found that opportunities and risks are most present when the market is pricing in bearish or bullish outcomes respectively that probabilistically are
The US Postal Service (USPS) has signaled plans to hike rates on certain products, including a 5-cent rise on First-Class ‘Forever’ stamps.
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
The Samsung Galaxy M55 launched in India last month and we wondered whether it will be available to a wider audience – the M54, for example, never came to Europe. Well, wonder no more, the M55 is getting a global release. In fact, it’s already available in Europe and South America. Here it is on Samsung Portugal, in an 8/128GB configuration for €500 and 8/256GB for €550. For comparison, the Galaxy A55 is €500 (down to €480 at the moment) for the 8/128GB phone. Of course, the M55 and A55 have...
While increased interest rates are improving the returns on high-yield savings accounts, that may not be an effective place to park your money for the long term.