The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
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 […]
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.
Byelection in the south Sydney seat expected to be won by Liberal candidate Simon Kennedy as AEC warns voter turnout could be lowGet our morning and afternoon news emails, free app or daily news podcastThe Liberal party will be hoping to the exorcise the ghost of Scott Morrison on Saturday as voters in Sydney’s south go to the polls to elect his replacement.The byelection in the seat of Cook, which comes after Morrison announced his resignation from politics in January, is almost certain to be...
first-quarter earnings rose 6%, but the bank said Friday that higher
Sometimes, escapist media works best when it presents a vision of a world that’s somewhat close to the one someone is trying to run away from, but without any of the real-life stressors that make that situation so taxing. (This writer watched a lot of Veep in November 2020, for example.) In an interview with The A.V. Club, Brandon Scott said he hopes his Max show, The Girls On The Bus, serves a similar purpose. Adapted from New York Times reporter Amy Chozik’s memoir Chasing Hillary, The Girls...
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.]]>
Wind PPA prices continue to rise as ongoing inflationary pressures limit development and make some new projects unprofitable, according to LevelTen Energy.
The Bank of England 's governor last night forecast another big drop in inflation after it fell to the lowest level since September 2021.
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".