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Bank of England holds rates, stresses June cut depends on coming data
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Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new all-time high as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
The Nike Pegasus 41 shoe is coming in June, so the NFL Pegasus 40 has been marked down to $55
Ahead of the Nike Pegasus 41 launch, you can get last year's shoe in your favorite NFL team's colors for just $55.CBS Sports - Sports - NFL -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Efforts by JPMorgan's Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.
Efforts by JPMorgan’s Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.The Wall Street Journal - World
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Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Iran's President Raisi is dead. What does the leadership void mean for the country and the world?
All eyes are now on what comes next for the Middle Eastern power, which is home to nearly 90 million people and backs a number of regional proxy groups.CNBC - Business -
Iran's President Raisi and Foreign Minister Amirabdollahian killed in helicopter crash, state media says
Iranian President Ebrahim Raisi died in a helicopter crash along with Foreign Minister Hossein Amirabdollahian, state media reported Monday.CNBC - Business - Iran -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Taiwan's new president urges China to stop its 'intimidation' and 'choose dialogue over confrontation'
Taiwan's new President Lai Ching-te urged China to stop its hostile political and military threats against the island and work toward regional peace on Monday.CNBC - Business - China